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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HPQ Silicon Inc > LinkedIn post from Bernard Tourillon

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Comment by BCONTVentureson Dec 20, 2023 4:34pm

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RE:LinkedIn post from Bernard Tourillon

@PenKerGof Great work Bernard @HPQ and Novacium Team!!!

Summary of Novacium Grant and Engineered SiOx Anode Market

Novacium Awarded €90,000 Grant:

- Novacium, HPQ Silicon's affiliate, received a French Tech Emergence Grant for €90,000 (C$131,000).
- The grant supports Novacium's project on enhancing the SiOx anode value chain for batteries.
- Novacium aims to secure more BPI funding (up to €2 million) for pre-commercial development.

Engineered SiOx Anode Market:
- Growing market valued between US$1.1 billion and US$2.7 billion in 2023. - Projected demand of 300,000 tons by 2030, potentially reaching US$15 billion.
- SiOx offers increased battery capacity by overcoming limitations of pure silicon anodes.
- HPQ and Novacium aim to capitalize on this growing market with reliable and sustainable SiOx materials.

Key Takeaways:
- Novacium's grant highlights industry validation for SiOx technology.
- SiOx market offers significant growth potential for HPQ and Novacium.
- HPQ's partnership with Novacium strengthens their position in the SiOx market.

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