HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ,
OTCQB: HPQFF, FRA: O08), a technology company
specializing in green engineering of silica and silicon-based
materials is pleased to announce the latest significant battery
milestones achieved by its France-based affiliate, NOVACIUM SAS
("Novacium").
This announcement involves the latest batch of batteries, made
with a blend of graphite and Novacium’s partially optimized
third-generation (GEN3) advanced silicon-based anode material, has
surpassed the average capacity of 4,030 milliampere-hours (mAh)
[1]. This result is close to the actual world record for 18650
batteries of 4,095 mAh [2]. However, validation by a third party
will be necessary before that title is fully claimed.
“As we expected, 18650 batteries made with our GEN3 materials
exceeded 4,000 mAh, making Novacium one of only three companies in
the world that have published 18650 batteries capacities results
greater than 4,000 mAh [3],” said Dr. Jed Kraiem, Ph.D., COO of
Novacium. “Based on the data gained to date, we strongly believe
that we can continue improving our material so that a GEN4 material
based 18650 batteries could exceed the 4,300 mAh mark.”
Continually Enhancing Battery Performance with Silicon
Based Anode Materials
Graph 1) shows the energy capacity of different
iterations of 18650 batteries manufactured using Novacium
materials, measured in milliampere-hours (mAh), starting on the
left with the 100% graphite batteries benchmark, moving to the
right with the actual GEN1, GEN2 and GEN3 results and the proposed
potential capacity of 18650-battery made with GEN4 materials
[4].
Graph 1 above illustrates the remarkable battery capacity since
January 2024.
Starting from the far left, the first bar shows the capacity of
the 100% graphite reference battery at approximately 2,780 mAh,
which aligns with the typical capacity advertised for commercial
graphite batteries around 2,700 mAh. The second bar shows the
capacity attained with a blend of graphite and GEN1 material at
about 3,150 mAh, the third bar shows the average capacity attained
with a blend of graphite and GEN2 material at 3,610 mAh, and the
fourth bar shows the average capacity attained with a blend of
graphite and GEN3 material at 4,030 mAh [1].
These results indicate that GEN3 material-based batteries
improve capacity performance by a stunning 45% compared to the
graphite benchmark, 28% compared to GEN1 material, and 12% compared
to GEN2 materials [1]. The final bar on the graph shows Novacium’s
projection of potentially exceeding the 4,300 mAh mark with a blend
of graphite and GEN4 partially optimized advanced silicon-based
material.
Novacium at the Forefront of Silicon-Based 18650 Battery
Advancements
Graph 2) Development of the capacity of 18650
lithium-ion batteries over years [2].
Graph 2 shows the progression in 18650 battery capacities since
the creation of the first commercial 18650 battery by Sony in 1991.
Interestingly, the graph clearly indicates that while the process
of adding a small percentage of Si/SiOx in batteries started in
early 2010, the results plateau around the 3,500 mAh level for many
years (2014-2020). It is only in October 2022 that NanoGraf
produced the first Si/SiOx 18650 batteries that attained the 4,000
mAh [3] mark, only to be surpassed in November 2022 by Enpower
Greentech with a Lithium Metal world record for 18650 batteries a
4,095 mAh [2].
As the graph clearly indicates, in less than six months, HPQ
Silicon affiliated company Novacium is now one of only three
companies that have produced 18650 batteries with a capacity that
exceeds the 4,000 mAh mark.
“Achieving these results with full-size 18650 industrial
batteries showcases Novacium's ability to produce advanced silicon
anode material that significantly enhances overall battery
performance and integrates seamlessly into existing anode
manufacturing facilities,” said Mr. Bernard Tourillon, President
and CEO of HPQ Silicon Inc. and NOVACIUM SAS. “This seamless
integration means that manufacturers can adopt this advanced
silicon anode material without the need for expensive retooling or
process overhauls. It ensures a smoother transition, reduces
downtime, and minimizes additional costs, ultimately accelerating
the deployment of high-performance batteries in the market."
REFERENCE SOURCES
[1] |
Novacium
technical team analysis of the data from the ongoing charging and
discharging cycle tests conducted at a world-leading university,
the name of which is kept confidential for competitive
reasons. |
[2] |
November 3rd 2022, PR from Enpower-Greentech. |
[3] |
Enpower-Greentech and Nanograf Corporation (October 20, 2022
PR) |
[4] |
Ufinebattery.com blog on 18650 batteries |
|
|
About NOVACIUM SAS
Novacium is an HPQ - affiliated company started
in Q3 2022. This green technology startup is based in Lyon, France
and is a partnership with HPQ and three of France’s leading
research engineers, Dr. Jed KRAIEM PhD, Novacium's Chief Operating
Officer (“COO”), Dr. Oleksiy NICHIPORUK PhD, Novacium's Chief
Technical Officer (“CTO”), and Dr. Julien DEGOULANGE PhD,
Novacium’s Chief Innovation Officer (“CIO”). Novacium is a new
Research and Development company which allows the researchers to
develop their own technology in high added value fields connected
to renewable energy, and allows HPQ Silicon Inc, a Canadian
company, to expand the depth and reach of its technical team to
help develop its silicon and new renewable energy projects.
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ) is a
Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer.
HPQ is developing, with the support of
world-class technology partners PyroGenesis Canada Inc. and
NOVACIUM SAS, new green processes crucial to make the critical
materials needed to reach net zero emissions.
HPQ activities are centred around the following
four (4) pillars:
1) |
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. |
2) |
Becoming a producer of silicon-based anode materials for
battery applications with the assistance of NOVACIUM SAS. |
3) |
HPQ SILICON affiliate NOVACIUM SAS is developing a low carbon,
chemical based on demand and high-pressure autonomous hydrogen
production system. |
4) |
Becoming a zero CO2 low-cost (Capex and Opex) producer of High
Purity Silicon (2N+ to 4N) using our
PUREVAPTM “Quartz
Reduction Reactors” (QRR), a proprietary technology owned
by HPQ being developed for HPQ by PyroGenesis. |
|
|
For more information, please visit HPQ Silicon
web site.
Disclaimers:
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release is available on the
company's CEO Verified Discussion Forum, a moderated social
media platform that enables civilized discussion and Q&A
between Management and Shareholders.
Source: HPQ Silicon Inc.For further
information contact: Bernard J. Tourillon, Chairman,
President, and CEO Tel +1 (514) 846-3271Patrick Levasseur, Director
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
Photos accompanying this announcement are available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/ec404f38-d123-4e63-a7df-b556537b4143https://www.globenewswire.com/NewsRoom/AttachmentNg/77b1de75-3ab2-4155-a96f-28a039ad537e
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