HPQ Silicon Inc V.HPQ

NR: 2nd Gen. Si-Based Anode Batteries - Impressive Results

[IvanVanBeethoven]

Second Generation of Advanced Silicon-Based Anode Material Continues Delivering Strong Performance

In today's press release, HPQ shares the latest developments from its France-based affiliate, Novacium SAS. Recent 50-cycle tests of 18650 industrial batteries using Novacium’s non-optimized second-generation (GEN2) advanced silicon-based anode material have yielded impressive results.

LEARN MORE IN THE PRESS RELEASE

Testing results reveal significant improvements with GEN2 material

 

The batteries showed approximately a 30% improvement compared to the graphite benchmark and about a 14% improvement compared to those made with Novacium GEN1 materials. The results also demonstrated a minimal increase (about 1%) in measurable cycle degradation. 

Statement from Leadership

 

"Novacium’s non-optimized second-generation engineered silicon anode material continues to deliver results that surpass those obtained with Novacium GEN1 materials. These promising results have real-world applications," said Bernard Tourillon, President and CEO of HPQ Silicon and NOVACIUM SAS. "These achievements open new doors for HPQ as we strive to become a manufacturer of next-gen engineered silicon-based anode materials in jurisdictions that support these types of initiatives."

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Investors and interested readers are invited to explore the HPQ Silicon website and access our latest presentation, providing a deep insight into the development strategy for our three key initiatives.

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