Great notes from the video by @ordos @ordos My notes from the video:
- Only 3 companies in the world that have these capacity results, and HPQ Silicon is one of them
- Graphite companies will come and want to work with HPQ Silicon
- Synthetic graphite is used in batteries, it's not natural, and largely currently controlled by China
- Competitors use silane gas, they will never be in the same cost category as what HPQ Silicon is doing, unless they change their silicon metal production
- The battery that Novacium makes is probably twice the efficiency as what is commercially sold right now
- The future is in pouch "form" factor. Moving from cylinder form factor to pouch the results will be even better
- HPQ Silicon / Novacium reached these milestones faster than they originally thought
- Should be designing plants by the end of this year (2024) / beginning of next year. It's all tentative, but it could move much faster than that
- Drone application doesn't require many cycles, especially military drones, but requires high capacity. Drone batteries use multiple 18650 (or other) batteries put together into a pack
- Electronic cigarettes require 18650 batteries to generate a lot of power to vaporize liquid
- "Soon" HPQ Silicon will be releasing comparisons to other batteries out there, and how the 40% capacity improvement is a massive improvement over others
- The more progressive results shown, the more people / companies want to talk to HPQ Silicon. Some of them may seek government grants, but they need a partner like HPQ Silicon to get those grants
- HPQ Silicon has a massive advantage with the QRR producing low/zero carbon 3-4N silicon metal in 1 step, making it (QRR) a more valuable technology. Vertically integrated vs others in the space
- Gen3 enhanced graphite anode cycle degradation matches pure graphite anode after 50 cycles, that's massive. Knowing how silicon has an expansion problem which causes issues on the very first charge cycle, these results (degradation is at the same rate as that of pure graphite) are outstanding
- Once we put our material into a pouch type batteries, we can get much longer cycles for very simple reason: pouch can expand / contract. Cylindrial batteries are rigid, so they are the best environment to test the performance, giving the minimum performance results, which can only get better when changing form factors
- Gen4 will exceed 4,400 mAh mark and will still not be optimized
- Optimization is surface treatment, and it has to do with fluorization that they have patent on. However, they will never be fully optimized, as they can also go further with R&D, but once they go commercial, they will be locked into a process, so it is best to get to a certain level of comfort with performance and optimization before going commercial
- Soon they will be doing different types of tests, such as fast charging and how the batteries perform in that environment
- Soon they will also be doing tests on different form factors as well
- The discussions are moving to higher level people within companies interested in working with HPQ Silicon, including graphite material producers
- Ownership in Novacium
- HPQ Silicon has full global exclusive rights for the technology
- For many strategic reasons HPQ Silicon is being very discrete about future pathway for Novacium
- One of the reasons being until they close financing to increase equity stake and put 1M euros into Novacium, but once that is done it will open floodgates of funding and semi-type of revenue
- For the time being the structure was designed to maximize the benefit for all parties involved
- We just paid the leadership (I assume Novacium) about 1M euro worth of shares at 21 cents, so their interests are much more aligned with HPQ Silicon now
Feel free to correct me on any point, in case I misunderstood.