HPQ Silicon Inc V.HPQ

Alternate Symbol(s): HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.

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Post by BCONTVentureson Dec 20, 2023 9:53am

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LinkedIn post from Bernard Tourillon

LinkedIn post from Bernard Tourillon on today's news release:

https://www.linkedin.com/posts/bernard-tourillon_grants-batterytechnology-startupfunding-activity-7143228252201906177-67ef?utm_source=share&utm_medium=member_desktop

We share exciting news in today's press release, which involves our journey towards innovating the future of battery technology.

Our affiliate, Novacium SAS, has been granted the prestigious French Tech Emergence Grant of €90,000 (C$ 131,000) by the French Bank of Public Investments (BPI - Bpifrance).

This grant is a part of the French Government's strategic initiative to foster "deep tech" projects, especially in the startup ecosystem.

The achievement is a recognition of NOVACIUM's potential and a testament to our collective commitment to advancing battery technology.

The grant will propel NOVACIUM's project, which is focused on enhancing the entire value chain of SiOx-based anode materials for lithium-ion batteries.

Such materials are pivotal in elevating the efficiency and performance of these batteries, addressing the limitations of pure graphite anodes, and harnessing the potential of silicon.

What does this mean?

The industry is witnessing a significant shift in integrating SiOx-based additives into graphite composite electrodes. The advanced silicon-containing anode materials market, valued between US$1.1 billion and US$2.7 billion, is expected to surge, potentially reaching US$ 131.6 billion by 2033.

This trend underscores the growing necessity for innovative approaches in battery material development, an area where HPQ Silicon Inc. and NOVACIUM are at the forefront.

Needless to say, I'm proud of this significant achievement!

Check out a link to the press release in the comments section below.

As always, stay tuned for more updates as we embark on this exciting journey towards transforming the battery technology landscape.
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grants batterytechnology startupfunding