650-Cycle Performance Marks a Major Milestone for HPQ Silicon’s Next-Gen Battery Tech9

AGORACOM Small Cap CEO Interviews

ACHIEVEMENTS AND KEY MILESTONES

• 650-cycle performance: 18,650 batteries with Gen 3 silicon-anode materials deliver a 30% cumulative energy gain compared to graphite benchmark batteries, achieving this performance through 650 cycle tests.

• Energy return: Delivered 2,296 ampere hours (Ah) of cumulative energy, compared to graphite batteries, which only produced 1,766 Ah.

• Government grant application: HPQ Silicon is applying for up to $4 million in Canadian government funding to scale operations

• Partnership talks: Ongoing discussions with potential industry partners for off-take agreements and pilot plant development

HPQ Silicon, a promising small-cap player in the battery materials sector, has made a significant leap forward in its development of cutting-edge silicon-based anode technology. In a recent interview, CEO Bernard Tourillon highlighted the company’s major achievement: its Gen 3 silicon-based anode material has now completed 650 cycles, marking an important step toward overcoming one of the key challenges in battery efficiency. This breakthrough positions HPQ Silicon to compete with traditional graphite batteries, offering the potential for a lighter, more cost-effective solution for the rapidly growing energy storage market.

HPQ Silicon’s progress is not just technological—it’s backed by strategic initiatives designed to accelerate market entry. The company is currently applying for a Canadian government grant, which could cover up to 75% of the costs required to scale its technology. This grant, potentially worth up to $4 million, would be a major boost to HPQ Silicon’s plans to build a pilot plant and further commercialize its technology. Additionally, the company is engaged in discussions with potential partners for off-take agreements, signaling increasing interest in their high-performance battery materials.

“We are not just developing a material; we’re building the future of energy storage. Our silicon-based anode technology offers 30% more energy than traditional graphite batteries, and we're confident it will play a key role in the next generation of batteries.”— Bernard Tourillon, CEO of HPQ Silicon

With the global shift toward electric vehicles (EVs), renewable energy, and large-scale energy storage, the demand for efficient, cost-effective battery solutions is set to skyrocket. HPQ Silicon’s Gen 3 and upcoming Gen 4 silicon-based materials are well-positioned to meet this growing demand. Early-stage testing has already shown promising results, and the company’s technology is attracting significant market interest. HPQ Silicon’s ability to offer a more efficient, lighter battery could disrupt the current market, which is dominated by graphite—especially as costs rise, particularly from China.

HPQ Silicon’s dual focus on technological development and securing financial backing places the company in a strong position for significant growth. With plans to scale its silicon-based anode material and a pipeline of potential partnerships, HPQ Silicon is on track to become a key player in the battery technology space. The company’s pilot plant, set to begin testing in early 2025, will be a critical next step toward commercialization. As the demand for advanced battery materials accelerates, HPQ Silicon’s innovative approach could prove to be the game-changer the industry has been waiting for.

GROUNDBREAKING SILICON-BASED ANODE TECHNOLOGY REACHES KEY MILESTONEGOVERNMENT GRANT AND STRATEGIC PARTNERSHIPS OPEN DOORS FOR COMMERCIALIZATIONTHE MARKET OPPORTUNITY: A MASSIVE NEED FOR BETTER BATTERY MATERIALSLOOKING AHEAD: A STRONG FUTURE FOR HPQ SILICON