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HPQ Silicon’s “We Have Products” Moment: Building the Team to Bring Them to Market

Posted by Alavaro Coronel at 9:27 PM on Monday, July 13th, 2026

HPQ Silicon and its French affiliate Novacium have spent years developing advanced silicon based anode materials and next generation energy technologies. According to CEO Bernard Tourillon, multiple parties are now testing Novacium’s batteries, with preliminary data replicating results previously produced by the company. That technical progress is now being matched by a commercial expansion. HPQ and Novacium have partnered with Offset Links, an industrial and defence business development consultancy led by Jean Deschamps and Matthieu Deschamps, while appointing Jean-Louis Florentin, a former French Special Forces operator, to lead defence business development. The message from management is clear: HPQ believes it has products ready to be presented and is now building the team required to identify opportunities and advance discussions with prospective industrial and defence stakeholders.

WHAT YOU NEED TO KNOW

Federal Support: HPQ secured up to $3 million from Natural Resources Canada in September 2025 to support the development of its first 50 tonne per year continuous silicon based anode material production system.

Commercial Leadership Expansion: HPQ and Novacium have partnered with Offset Links to identify prospective opportunities, facilitate introductions and support international business development discussions. Initial areas of focus are expected to include Australia and markets across the Middle East and North Africa.

Performance Based Alignment: Tourillon said the business development professionals are working on a success based model rather than traditional salaried arrangements. Under the formal Offset Links agreement, compensation, if any, will be determined separately for each approved business development assignment.

Battery Testing: Tourillon said multiple parties are testing Novacium’s batteries and that preliminary data from those tests is replicating results previously produced by the company.

Defence Experience Added: Jean-Louis Florentin will lead defence sector business development following a 15 year operational career in the French Special Forces. His experience includes working with defence contractors, military stakeholders and organizations such as Nexter, the French Army Technical Section and the Integrated Structure for the Operational Maintenance of Land Equipment.

International Reach: Jean Deschamps brings decades of experience across industry, infrastructure and defence, including more than 19 years advising the British Ministry of Defence on industrial offset programmes in Saudi Arabia. Matthieu Deschamps brings more than 20 years of experience in international business development, commercial negotiations, strategic growth and partnership development.

STRATEGIC IMPLICATIONS

Advanced technology does not sell itself. Industrial and defence customers need to understand how a product fits into their systems, what operational problem it addresses and what additional testing or development may be required before adoption. HPQ and Novacium are now building the commercial organization intended to help bridge that gap.

Offset Links will support international business development by identifying prospective opportunities, facilitating introductions and advancing discussions with potential industrial and institutional stakeholders. Its initial areas of focus are expected to include Australia and the MENA region, expanding HPQ’s and Novacium’s ability to pursue opportunities beyond France.

Florentin adds direct defence experience through his 15 year career in the French Special Forces and his work with technical teams, procurement organizations and military end users. His understanding of operational requirements and defence procurement is expected to support potential energy applications involving drones, embedded electronics and next generation autonomous systems.

Today’s announcement confirms that HPQ and Novacium are adding professionals with experience in international business development, strategic partnerships and defence procurement. This allows Novacium’s scientists and engineers to remain focused on research, testing and product development while the expanded commercial team advances market engagement.

Tourillon described the announcement as a transition from technology development toward increased commercial activity. In his words, the reason for making that transition now is simple: “We have products.”

CEO Bernard Tourillon, edited for clarity and length:

“We validated the technology. The technologies do work. We’re ready to go, and we now need the sales team to represent that because we can’t do everything. We have multiple people testing our batteries, and the preliminary data coming back from them is that they’re replicating what we have done. We’ve reached the point where we need people with the expertise, the contacts and the field knowledge to take this prime time.”

INVESTOR TAKEAWAY

HPQ Silicon and Novacium are building a dedicated business development platform around technologies that have largely been advanced by scientists, engineers and company executives. Offset Links brings decades of international industrial and defence experience, along with access to prospective stakeholders in markets including Australia and the MENA region. Jean-Louis Florentin adds 15 years of French Special Forces experience and direct knowledge of defence procurement, military requirements and operational environments.

These appointments do not represent signed customer contracts, confirmed procurement orders or guaranteed revenue. They represent the commercial infrastructure HPQ believes it now needs to turn technical progress into structured industrial and defence discussions.

HPQ enters this stage with federal support of up to $3 million for its planned 50 tonne per year silicon based anode material production system, Gen3 and Gen4 materials under development and multiple parties currently testing its battery technology. According to Tourillon, preliminary results from those tests are replicating results previously produced by Novacium, while some prospective parties are beginning to ask questions about potential production capacity.

The next step is execution. Offset Links and Florentin must identify the right opportunities, make the right introductions and help align the technologies with specific industrial and defence requirements.

There is no guarantee those efforts will result in completed business. However, management believes HPQ and Novacium have reached the point where their product portfolio is ready to be presented by professionals with the experience, relationships and market knowledge required to advance those discussions.

For shareholders, that is the significance of today’s announcement. HPQ is no longer building only the technology. It is building the team intended to bring it to market.

HPQ Silicon’s Fumed Silica Reactor: From Pilot Validation To A Bigger Commercial Opportunity

Posted by Alavaro Coronel at 9:11 AM on Thursday, July 9th, 2026

For more than 80 years, the fumed silica industry has relied on conventional production methods built around silicon tetrachloride. HPQ Silicon believes its Fumed Silica Reactor offers a different route: producing commercial-grade fumed silica directly from quartz.

That is why Bernard Tourillon’s latest interview matters. HPQ’s July 8, 2026 press release confirmed that the pilot program achieved its two principal objectives: reliably producing commercial-grade fumed silica directly from quartz and generating the engineering and operating data required to support the design, costing and economic evaluation of future commercial production facilities.

But the interview added the bigger investor context: pilot success did not narrow HPQ’s path. It expanded the commercial conversation.

WHAT YOU NEED TO KNOW

Pilot Validated: HPQ says the pilot program demonstrated that the FSR can produce commercial-grade fumed silica directly from quartz, including pilot-scale production of commercial-grade “150” fumed silica.

Engineering Confidence: PyroGenesis completed a detailed engineering review of pilot operating data, which HPQ says strengthened confidence in projected operating parameters and commercial-scale economics.

Commercial Discussions Expanded: HPQ had previously announced a non-binding MOU for a proposed 1,000 tonne-per-year commercial plant, but Bernard said the opportunity has now become broader than that original framework, with discussions involving new groups, old groups and parties that were already under NDA.

Evonik Question Addressed: Bernard addressed investor questions directly, saying they remain involved, communications have not stopped and the company had asked HPQ to be more discreet in how often its name was used publicly.

Multiple Deployment Paths: HPQ’s strategy includes joint ventures, licensing opportunities, royalty-based production partnerships and company-owned production facilities where appropriate.

PyroGenesis Transaction Advancing: HPQ and PyroGenesis remain in the final stages of completing the previously announced transaction under which PyroGenesis would acquire a 50% ownership interest in HPQ Silica Polvere while remaining the exclusive equipment supplier for commercialization.

STRATEGIC IMPLICATIONS

The interview clarified why HPQ’s original timeline around the non-binding MOU shifted. Bernard did not frame the delay as a lack of interest. He framed it as the result of a broader opportunity set that requires more commercial, legal and technical work before HPQ commits to a structure.

That distinction matters. HPQ had previously anticipated completing negotiations related to the initial non-binding MOU by the end of the second quarter of 2026. Since then, according to the company, successful pilot completion, independent validation and greater confidence from the engineering review have expanded the market opportunities and strategic partnerships being evaluated.

Bernard’s key message was that HPQ now has a better understanding of what the technology could look like at scale, including cost structure and potential price points. That has given the company more confidence to re-engage with existing parties, speak with new potential industrial participants and evaluate multiple possible commercial structures.

He also explained why fumed silica commercialization requires a more deliberate process than HPQ’s battery materials business. Fumed silica is an industrial material used in large-volume markets, which means potential partners need to understand scale, logistics, packaging, sales channels, financing and long-term supply before committing.

On PyroGenesis, Bernard said the commercial arrangement is clear: PyroGenesis gives up its lifetime royalty in exchange for 50% ownership of HPQ Silica Polvere. The remaining work is largely tied to legal, accounting and shareholder agreement matters. He also said a future spinout remains possible, but would be a joint discussion between the owners once the transaction is completed.

CEO Bernard Tourillon:

“The pilot program has demonstrated that our Fumed Silica Reactor can produce commercial-grade fumed silica directly from quartz and generated the engineering data required to evaluate multiple commercial pathways with significantly greater confidence. The pilot program has transformed the FSR from an engineering development project into a scalable industrial platform supported by independent validation, strengthened engineering confidence, and growing interest from potential industrial participants. Our focus is selecting the optimal deployment strategy while positioning the FSR as a scalable platform capable of serving multiple industrial markets and creating sustainable long-term shareholder value.”

INVESTOR TAKEAWAY

HPQ Silicon’s fumed silica story is no longer just about proving that the FSR can make commercial-grade material. According to the company’s July 8 update, the pilot program demonstrated commercial-grade fumed silica production directly from quartz and produced the engineering data needed to evaluate future commercial deployment.

The interview added the context investors needed. Bernard explained that the opportunity has expanded beyond the original non-binding MOU because HPQ now has more pilot-scale data, greater confidence in cost structure and a broader view of where the technology may fit commercially. He also made clear that discussions remain active with multiple parties, including Evonik, the original LOI party, while HPQ evaluates which business structure best protects long-term shareholder value.

The most important point is that HPQ has not announced a definitive commercial project. Management is still negotiating, evaluating structures and completing the technical, commercial and legal work required to move forward. The company also cautioned that there can be no assurance that definitive agreements will be executed or that any proposed commercial project will ultimately proceed.

For investors, the story has shifted from “does it work?” to “what is the right deal?” With pilot validation complete, engineering confidence strengthened and strategic discussions expanded, HPQ is now focused on selecting the deployment path it believes can maximize the long-term value of the FSR technology.

HPQ’s Electric Propulsion LOI Opens A North American Drone Supply Chain Opportunity

Posted by Alavaro Coronel at 8:05 AM on Friday, June 19th, 2026

When a company moves from testing technology in isolation to evaluating how it could fit inside a broader industrial ecosystem with real customer activity, the commercialization conversation changes.

HPQ Silicon signed a Letter of Intent on June 16, 2026 with LN Innov’ and HPQ technology partner Novacium SAS at Eurosatory 2026, described in the interview as the world’s largest defence and security exhibition. The LOI will evaluate a Canadian-based electric propulsion platform combining Novacium battery technologies, to be marketed under the HPQ ENDURA+ brand, with LN Innov’s electric propulsion systems for North American drone, robotics and defence markets.

This is still an evaluation framework, but it is supported by real industrial signals. LN Innov’ has had more than 20 customers test its electric propulsion systems, with more than a dozen subsequently placing commercial orders. The company is also working toward manufacturing capacity of up to 20,000 drone motors per month in France by the end of Q3 2026.

For HPQ, the strategic importance is its 36.8 percent equity interest in Novacium and its exclusive North American commercialization rights to Novacium technologies. The next 190 days will focus on whether the parties can define the industrialization, manufacturing, supply chain, certification and business structure needed to adapt elements of the European model for North American markets.

WHAT YOU NEED TO KNOW

Commercial Signals: More than 20 customers have tested LN Innov’ electric propulsion systems, and more than a dozen have placed commercial orders.

Manufacturing Scale: LN Innov’ is working toward capacity of up to 20,000 drone motors per month in France by the end of Q3 2026.

Battery Integration: Novacium battery technologies are being evaluated by industrial and defence sector participants for potential integration into future drone and autonomous system platforms.

North American Rights: HPQ holds a 36.8 percent equity interest in Novacium and exclusive North American commercialization rights to its technologies.

Evaluation Window: The LOI provides a 190 day framework to assess industrialization, manufacturing, supply chain requirements, certification pathways, target applications, business structure and potential commercialization strategies.

STRATEGIC IMPLICATIONS

As drone adoption expands across commercial, industrial and defence applications, electric propulsion is becoming a strategic part of the supply chain. Batteries, motors and propulsion systems directly influence range, efficiency, reliability and platform performance.

HPQ’s opportunity is to evaluate whether a model already being deployed in Europe can be adapted for North American markets. LN Innov’ brings electric propulsion expertise and customer activity. Novacium brings advanced silicon enhanced battery technologies. HPQ brings North American commercialization rights and potential exposure through its equity position in Novacium.

The key point is that this is not a standalone battery story. The LOI is aimed at assessing a more integrated propulsion platform that could combine battery technologies, motors and system level requirements for drone, robotics and autonomous system applications.

During the interview, Bernard Tourillon emphasized that HPQ is not changing its core business plan or becoming a drone company. Rather, the company is looking to commercialize its silicon based battery materials and HPQ ENDURA+ batteries through applications where performance and supply chain resilience matter.

INVESTOR TAKEAWAY

HPQ’s LOI with LN Innov’ and Novacium gives the company a potential pathway into North American drone and electric propulsion markets through an integrated platform strategy. LN Innov’ brings demonstrated customer testing, commercial orders and a manufacturing scale up plan in France, while Novacium’s battery technologies are being evaluated for future drone and autonomous system applications.

For HPQ, the attraction is potential direct exposure through its 36.8 percent equity interest in Novacium and exclusive North American commercialization rights. The next 190 days will focus on whether the parties can define an industrial, manufacturing, certification and commercialization structure for North America.

The LOI remains non-binding, does not grant exclusivity, and includes no financial commitments, payment obligations or minimum purchase requirements. Any future collaboration remains subject to further evaluation and definitive agreements. But the setup is clear: HPQ now has a defined evaluation window, a European propulsion company with commercial order activity, and exclusive North American rights to Novacium technologies in a market increasingly focused on secure domestic supply chains.

 

HPQ Technology Partner Novacium To Showcase Integrated European Drone Powertrain At One Of The World’s Largest Defence And Security Shows

Posted by Alavaro Coronel at 5:46 PM on Thursday, June 4th, 2026

When battery technology moves from validation to defence market visibility, the stage matters. Novacium SAS, HPQ Silicon’s French technology partner, is scheduled to showcase a fully integrated European drone propulsion solution at Eurosatory 2026 alongside LN Innov’ and Groupe Zekat. Together, the partners are presenting a coordinated powertrain concept to defence and security industry participants from around the world. HPQ, which holds a 36.8% equity interest in Novacium and exclusive North American commercialization rights, is positioned to benefit from Novacium’s international progress and potential deployment opportunities across Canada, the United States, and Mexico. This is more than a trade show appearance. It is a commercial visibility moment for technologies moving toward defence, drone, and industrial markets.

WHAT YOU NEED TO KNOW

Eurosatory Showcase: Novacium, LN Innov’, and Groupe Zekat are scheduled to exhibit at Eurosatory 2026, one of the world’s largest defence and security shows, with an Integrated Drone Propulsion System concept combining advanced batteries, electric motors, and intelligent electronic speed controllers.

Sovereign Powertrain: The system is being developed around a European manufacturing and integration model, offering drone manufacturers and defence buyers a potential alternative to fragmented international supply chains.

Defence Market Interest: According to the interview, Novacium is in ongoing discussions around battery applications for defence markets and may be in a position to showcase battery orders, demonstrations, or special order samples around Eurosatory 2026.

Federal Validation: HPQ has announced up to $3 million in Canadian federal funding through Natural Resources Canada’s Energy Innovation Program to accelerate commercialization of its silicon based battery materials.

Dual Revenue Path: HPQ benefits from Novacium’s progress through both its approximately 36.8% equity stake and its exclusive license to commercialize Novacium developed technologies across North America.

STRATEGIC IMPLICATIONS

Defence procurement has long been shaped by complex supply chains. Drone manufacturers often source motors, batteries, and electronic control systems from different suppliers, sometimes across different continents. That model can create integration challenges, certification delays, logistical complexity, and exposure to geopolitical supply chain risk.

The Integrated Drone Propulsion System is intended to address that challenge. By combining Novacium’s silicon enhanced lithium ion batteries, LN Innov’s electric propulsion motors, and Groupe Zekat’s intelligent electronic speed controllers into a unified European powertrain offering, the partners aim to reduce the integration burden for drone manufacturers. For defence and security buyers prioritizing operational security, supply reliability, and allied manufacturing, this represents a potential new option to evaluate.

The timing is important. Drones have moved from niche tactical tools to widely used platforms across surveillance, reconnaissance, logistics, border security, and mission support applications. Eurosatory brings together senior military officials, procurement decision makers, government delegations, and defence industry participants from many countries, making it a relevant venue for technologies that combine performance, sovereignty, and potential certification pathways.

In the interview, HPQ CEO Bernard Tourillon noted that Novacium and its partners expect to use the show to demonstrate where their batteries fit inside the end product, rather than simply competing as a standalone battery supplier. He also indicated that the company expects to meet with military and industry participants, including Canadian representatives, and to use France’s defence ecosystem as a bridge to broader commercial opportunities. This remains a business development effort rather than a guarantee of future contracts, but it comes as defence spending, drone demand, and sovereign technology priorities remain prominent in several jurisdictions.

Bernard explained that Novacium is not attending Eurosatory simply to compete against other battery companies. Instead, the company and its partners intend to showcase the end product, demonstrating where Novacium’s batteries may provide advantages in drone payload, speed, duration, and overall performance. He described the sovereign powertrain concept with LN Innov’ and Groupe Zekat as a coordinated solution that brings together motors, batteries, and electronic controls. He also noted that HPQ’s exclusive North American rights could allow similar opportunities to be pursued across Canada, the United States, and Mexico. Tourillon emphasized that commercial interest continues to build, while orders, contracts, and recurring revenues remain subject to customer decisions, technical requirements, and successful commercialization.

INVESTOR TAKEAWAY

HPQ Silicon’s planned participation in Eurosatory through Novacium represents a strategic milestone in its commercialization efforts. The company reports progress from laboratory validation to commercial battery orders involving a European drone manufacturer, up to $3 million in Canadian federal backing, and alignment with industrial partners at one of the world’s leading defence and security exhibitions.

The Integrated Drone Propulsion System concept is aimed at addressing key challenges in defence and drone procurement, including fragmented sourcing, integration complexity, and growing demand for sovereign supply chain solutions. HPQ’s dual exposure through its equity ownership in Novacium and exclusive North American licensing means it could benefit whether revenues materialize first in Europe or North America.

While there is no assurance that Eurosatory will result in specific contracts, defence spending remains a priority in several jurisdictions, sovereign supply chain initiatives are advancing, and drone applications are growing across military, security, and industrial markets.

HPQ Silicon’s Asia Battery LOI: A Potential “Intel Inside” Moment For Next-Gen Batteries

Posted by Alavaro Coronel at 8:27 AM on Friday, May 22nd, 2026

When a company moves from lab validation to commercial conversations, the phone does not just ring once. It starts ringing from multiple directions.

HPQ Silicon’s technology partner Novacium has signed a non-binding, non-exclusive Letter of Intent with GH Technologies, a Hong Kong based B2B distributor, to evaluate potential commercial opportunities for high capacity GEN4 lithium-ion cells in Asia Pacific markets.

The LOI covers Novacium’s GEN4 18650 and 21700 formats, along with other lithium-ion batteries built on Novacium’s GEN4 silicon anode technology. Asia Pacific represents more than 57% of global demand for cylindrical lithium-ion cells, making it one of the most important regions for battery commercialization.

GH Technologies entered the LOI following its evaluation of Novacium GEN4 cells, including reported capacity exceeding 6,600 mAh, reported energy density of 319.9 Wh/kg, and international certifications including IEC 62133, UL 1642, and UN 38.3.

A related Novacium LinkedIn post added another layer of context, referencing a potential partnership value of more than US$30 million over 36 months. That figure should be understood as potential value, not confirmed revenue or a completed sales contract. Still, when combined with the official LOI, it points to the scale of the commercial opportunity now being evaluated.

For HPQ, which holds a 36.8% equity interest in Novacium and exclusive North American rights to commercialize the technology under the ENDURA+ trademark, the story is moving from technical performance toward early commercial execution.

WHAT YOU NEED TO KNOW

Asia Expansion: Novacium signed a nonbinding, nonexclusive LOI with GH Technologies to evaluate potential commercial opportunities for GEN4 battery technologies across Asia Pacific markets.

Potential US$30M Value: A Novacium LinkedIn post referenced a potential partnership value of more than US$30 million over 36 months, which should be viewed as potential value rather than confirmed revenue.

High Capacity Results: GH Technologies entered the LOI after evaluating Novacium GEN4 cells, including reported capacity exceeding 6,600 mAh and reported energy density of 319.9 Wh/kg.

Major Battery Market: Asia Pacific represents more than 57% of global demand for cylindrical lithium-ion cells, according to the company’s release.

Phone Ringing: Bernard Tourillon says HPQ is now focused on converting growing market interest into first sales, with about 10 NDAs active.

Nimble Strategy: Rather than chasing only large, slow moving contracts, HPQ is targeting flexible buyers in markets such as drones, electric bikes, power tools, defense, embedded systems, and high energy density electronic equipment.

STRATEGIC IMPLICATIONS

The battery materials industry is facing a performance challenge. Traditional graphite based anodes are approaching practical limits, while silicon based anode materials offer the potential for greater capacity. The commercial challenge has always been making silicon materials perform reliably, integrating them into existing manufacturing, and scaling them economically.

HPQ Silicon and Novacium are working to address that gap. Novacium’s GEN4 cells are being positioned for applications that require higher capacity lithium-ion solutions, while HPQ’s North American rights under the ENDURA+ trademark give the company a defined commercialization pathway in Canada, the United States, and Mexico.

The Asia Pacific LOI is important because it provides a structured framework to evaluate potential business opportunities in one of the largest battery markets in the world. It is not a completed sales contract, and any definitive transaction remains subject to customer validation, final agreements, and regulatory approvals. But it does show that Novacium’s GEN4 technology is now being evaluated in a major commercial region by a distributor with direct market access.

This is where HPQ’s “Intel Inside” style positioning becomes relevant. The company is not only trying to sell batteries. It is aiming to become an enabling technology provider for next generation energy storage, with the ability to supply cells to targeted buyers today while preserving the option to license materials to larger manufacturers over time.

The broader timing is also favourable. Governments want domestic battery supply chains. OEMs want alternatives to China linked sourcing. End users want longer runtime, better performance, and batteries that hold up over repeated use. HPQ’s GEN3 and GEN4 technologies are being developed to address those needs, and the company is now working to turn technical validation and market interest into commercial traction.

CEO Bernard Tourillon:

“This LOI provides a framework for Novacium and GH Technologies to evaluate potential business opportunities involving GEN4 battery technologies in Asia-Pacific markets. HPQ’s 36.8% equity ownership in Novacium SAS and its exclusive North American license provide the Company with access to these technologies for Canada, the United States, and Mexico under the HPQ ENDURA+ trademark.”

INVESTOR TAKEAWAY

HPQ Silicon is progressing from lab validation toward early commercial execution. Novacium’s GEN4 battery technology has now attracted an Asia Pacific LOI with GH Technologies, following reported high capacity cell performance and international certifications. HPQ’s 36.8% equity interest in Novacium and exclusive North American commercialization rights under the ENDURA+ trademark give the company multiple ways to participate if the technology continues to advance.

For investors, the key question is no longer only whether the technology can perform in testing. The next stage is whether HPQ and Novacium can convert interest, validation, and commercial discussions into first revenue, customer adoption, and a scalable commercialization model.

HPQ Silicon Lands First Commercial Battery Order—Silicon Anodes Break Into European Drone Market

Posted by Alavaro Coronel at 5:51 PM on Wednesday, April 22nd, 2026

When a company moves from lab validation to a paid commercial order, something fundamental has shifted. HPQ Silicon $HPQ / $HPQFF and its partner Novacium have secured their first commercial battery order from a European drone manufacturer, marking a clear transition from development to revenue. This is not a test or pilot. It is a paid order using next-generation silicon-based batteries that recently delivered over 7,000 mAh in testing, offering higher capacity than traditional graphite batteries.

The order signals a move from promising technology to real-world use. Backed by up to $3 million in Canadian federal funding, HPQ is advancing toward commercial scale with batteries designed to deliver higher energy capacity and longer flight times, while supporting deployment in standardized battery pack formats. The batteries are certified for global transport and have demonstrated strong durability through repeated charge cycles, reinforcing readiness for real-world deployment.

WHAT YOU NEED TO KNOW

Commercial Milestone: First paid commercial battery order secured, marking the shift from R&D to revenue generation

High Performance: Batteries delivered over 7,000 mAh in April 2026 testing, placing them among top performers in their category

Drop-In Solution: Designed to work within existing drone systems, allowing immediate performance improvements without redesign

Proven Durability: Maintains strong performance through repeated use, addressing a key challenge for silicon battery adoption

Global Ready: Certified for international shipping, enabling deployment across multiple markets

Government Backing: Up to $3 million federal funding supports production scale-up and highlights strategic importance

STRATEGIC IMPLICATIONS

For years, silicon-based batteries have promised higher performance but struggled to translate into real-world products. Many technologies achieved strong lab results but failed under repeated use or required costly redesigns. That is why graphite batteries have remained dominant despite lower performance.

HPQ’s approach changes that. By integrating silicon-based materials into formats that work with existing manufacturing and systems, the company removes a major barrier to adoption. Customers do not need to redesign their products. They can upgrade performance immediately.

That advantage is already being demonstrated. The European drone manufacturer did not need to modify its systems. It was able to adopt the new battery packs and gain longer flight time right away. This is the difference between a technology concept and a usable product.

Demand for longer flight time is increasing across commercial, industrial, and defense drone markets, while traditional battery solutions are approaching their limits. Technologies that can deliver better performance without added complexity are well positioned to capture that demand.

Government support reinforces this direction. Federal funding for production scale-up signals growing strategic importance, while also supporting the path toward larger-scale manufacturing.

“Projects like HPQ Silicon’s strengthen Canada’s ability to manufacture components for high-performance batteries, and are creating a world-class battery ecosystem.” – The Honourable Tim Hodgson, Minister of Energy and Natural Resources

WORDS FROM THE CEO

“We went from discussions to delivering next-generation batteries in about a month. That’s what happens when the product fits into existing systems. We’re not asking customers to redesign anything—we’re giving them more energy in the same format. And this order is commercial. It’s paid. We’ve moved from ‘will it work’ to ‘we have delivered.’” – Bernard Tourillon

INVESTOR TAKEAWAY

HPQ Silicon has reached a key inflection point. The company now has global shipping certification, government support for scaling production, and its first commercial battery order, all within a short timeframe.

Its battery solutions are designed for immediate use across multiple markets, including Europe and North America, without requiring major system changes. As production expands, the company is positioning itself to meet increasing demand for higher-performance energy storage.

Performance is no longer theoretical. The batteries have demonstrated strong capacity and durability in testing and are now being used in a commercial application.

This marks the shift from a development story to a commercialization story, with early revenue, validated performance, and a clear path toward scale.

 

HPQ Silicon’s 7,000 mAh Breakthrough – Could This Be The Battery Industry’s Four-Minute Mile?

Posted by Alavaro Coronel at 5:55 PM on Wednesday, April 15th, 2026

When a company reports results that suggest it can do what others have not widely demonstrated, markets pay attention. HPQ Silicon Inc.’s $HPQ / $HPQFF GEN4 21700 cells just crossed 7,030 mAh at 0.55V lower cutoff – a level that, to the company’s knowledge, has not been widely reported in publicly available data for an industrial-format cell under comparable conditions.

This reflects more than just capacity, including the ability to cycle under extended voltage conditions in testing that would typically result in significant degradation in conventional lithium-ion batteries, with less than 2% degradation over 70 cycles. HPQ Silicon, backed by up to $3 million in Canadian federal funding and exclusive North American rights to Novacium’s silicon-anode technology, is now advancing toward commercialization, with the CEO stating the company is in discussions with drone manufacturers, military groups, and e-mobility partners.

WHAT YOU NEED TO KNOW

Voltage Breakthrough:
0.55V cutoff may provide approximately 5% more usable energy based on internal estimates, typically inaccessible in lithium-ion cells operated at conventional cutoffs.

Cycle Stability:
Less than 2% degradation over 70 cycles at extended voltage — described by the company as a performance level not commonly observed under similar conditions.

Production Pathway:
HPQ is advancing a production plan with capacity in the range of approximately 600,000 21700 cells annually, with discussions underway with drone, military radio, and e-bike manufacturers.

Government Backing:
Up to $3M federal grant from Natural Resources Canada supports HPQ’s first battery production facility in Canada and is intended to help strengthen domestic supply chains.

Federal Support:
Canada’s Minister of Energy and Natural Resources has previously stated: “Projects like HPQ Silicon’s strengthen Canada’s ability to manufacture components for high-performance batteries and are creating a world-class battery ecosystem.”

STRATEGIC IMPLICATIONS

The battery industry faces significant performance constraints. Conventional graphite anodes in 21700 cells are commonly reported in the ~5,000 mAh range. Silicon-enhanced cells from leading developers are reported in the ~6,000–6,500 mAh range. But there’s a second problem that receives less attention: every lithium-ion battery carries energy below the commonly used ~2.5V cutoff. Go below that threshold with graphite, and you risk transforming a rechargeable battery into a single-use cell because the material can degrade rapidly. The industry has largely lived with this constraint for years.

HPQ’s GEN4 silicon-anode material is designed to operate in this lower-voltage region. By cycling down to 0.55V with under 2% degradation over 70 full charge-discharge cycles in testing, the company reports that it has accessed energy that is typically not utilized. The company states that internal calculations indicate this could translate to about 5% more runtime from the same physical battery under comparable conditions. For a military drone operating at the edge of its range, this could be meaningful for performance and runtime. For an electric bike commuter, it could mean additional range without adding weight. For defense contractors, it represents a potential alternative high-performance option in a segment where performance differentiation is important.

The timing is notable. Canada has announced large-scale spending programs targeting domestic industrial capacity and clean-energy infrastructure. The U.S. is reshoring critical supply chains. Europe is seeking additional non-Asian battery materials. HPQ holds exclusive North American rights to commercialize its GEN3 and GEN4 silicon-based anode materials with Novacium. The company is focusing on applications where performance, supply-chain security, and operational advantage can support premium positioning: drones, military radios, handheld power tools, and stationary energy storage.

CEO Bernard Tourillon:

“What we’ve demonstrated isn’t just higher capacity — it’s a new operating mode for our cells under test conditions. We can access energy that conventional batteries typically leave on the table, and we’re doing it with cycle stability that holds up over dozens of charge-discharge cycles. The phone’s ringing. We’re in discussions with drone manufacturers, defense departments, and niche mobility players who are evaluating exactly what we’ve built. We’ve gone from ‘Can it work?’ to ‘How fast can you scale?'”

INVESTOR TAKEAWAY

HPQ Silicon has reported a significant test milestone. The 7,030 mAh result at extended voltage is not presented as a one-off curiosity — it is described by the company as a performance level not widely reported in publicly available data for industrial 21700 cells under comparable conditions.

These results are based on internal testing and have not been independently verified, and may not be representative of commercial performance. Federal funding helps support the path toward scaled production. Early interest and testing discussions in high-value verticals indicate potential commercial pathways.

The company’s exclusive North American license with Novacium and domestic production strategy align with government priorities around supply-chain security and critical materials independence. With an initial production pathway defined and a stated roadmap toward commercialization, HPQ is positioning its battery initiative as a developing commercialization story entering its next phase.

HPQ Silicon’s GEN4 Battery Performance – The Supercar Engine Moment For Lithium-Ion Cells

Posted by Alavaro Coronel at 4:30 PM on Wednesday, April 8th, 2026

When a company demonstrates battery performance that only a small number of others have reached, it suggests progress beyond early research and toward real-world applications. HPQ’s latest GEN4 battery cells deliver more than 6,600 mAh on average, with a peak of 6,696 mAh, placing them among the highest-performing cells of this size ever reported. These are fully built 21700-format cells, rather than lab-scale test samples.

HPQ, working with its R&D partner Novacium, is now operating within this upper tier of battery performance globally. It also has support of up to $3 million from the Canadian government to help scale production. The next step is translating performance into commercial opportunities.

WHAT YOU NEED TO KNOW

Top-Level Results: These batteries reach performance levels achieved by only a small number of companies worldwide.

Built For Real Use: The cells are made in a standard commercial format, showing compatibility with existing battery manufacturing processes.

Driven By Customers: The move to larger battery sizes reflects what buyers are asking for.

Focused Market Entry: Early use cases include drones, military equipment, and specialized electronics where performance matters most.

Government Backing: Federal funding is supporting commercialization efforts.

WHY THIS MATTERS

Most batteries today still depend on materials and supply chains based in Asia. Higher-performance batteries in this category are limited and often not available in large quantities.

HPQ’s silicon-based material aims to address this by offering higher performance in a format that works with existing manufacturing processes. The company is focusing on markets where longer battery life or lighter weight directly creates value.

At the same time, governments are pushing to build local battery supply chains. HPQ is positioned within this trend, with funding support and growing interest from potential customers in sectors like drones and defense.

CEO COMMENTARY  

“Reaching an average above 6,500 mAh, with a peak of 6,696 mAh, using a material that has not yet been fully optimized, confirms we have an industrially viable, high-performance solution advancing within our commercialization pathway. To our knowledge, this level of capacity ranks among the highest reported for an industrial 21700-format cell.”said Bernard Tourillon, President and CEO of HPQ Silicon. 

INVESTOR TAKEAWAY

HPQ is moving beyond early testing. Previous versions already showed strong performance over time, and this latest version pushes capacity into a range achieved by only a few global players.

For investors, this strengthens HPQ’s position in ongoing discussions with potential customers. It also shows a clearer path from development to revenue, supported by government funding and a plan to scale production.

There are still risks around securing customers and funding expansion, but the company now has a strong product, backing, and a focused strategy.

HPQ Closes $3M Financing And Resets Novacium Structure As Battery And Hydrogen Technologies Move Toward Commercialization

Posted by Alavaro Coronel at 5:43 PM on Thursday, March 5th, 2026

When a development-stage technology company raises new capital while simplifying the governance structure of a key technology partner, it can signal a shift in how management plans to advance its programs. In this case, that transition is defined by HPQ Silicon closing a fully subscribed $3 million non-brokered private placement, while simultaneously finalizing its increased ownership and revised governance framework at Novacium SAS.

HPQ Silicon, a Québec-based advanced materials and process development company, intends to use the capital to support general working capital, advance a matching $3 million NRCan-supported silicon-based battery materials program, and continue development of its hydrogen technologies, while the Novacium restructuring is designed to support access to targeted funding programs in France and Europe. Together, these developments provide the company with additional capital and a simplified governance structure as it continues advancing its technology platforms.

WHAT YOU NEED TO KNOW

  • $3M Financing Closed: HPQ raised $3M CAD byissuing approximately 18.18 million units.
  • NRCan Program Advancement: Participation in the NRCan-supported silicon battery materials program requires HPQ to incur eligible costs before reimbursement.
  • Novacium Governance Update: Ownership in Novacium increased to 36.8%, while HPQ converted its Category P priority share into common shares, simplifying governance.

STRATEGIC IMPLICATIONS

Energy transition technologies and advanced materials development often require significant capital and long development timelines. As electrification expands and demand grows for higher-performance batteries and alternative energy systems, companies are exploring new materials and delivery technologies designed to improve performance and reliability.

Through Novacium, HPQ is advancing silicon-based anode materials. According to previously reported testing results released by the company, Novacium’s GEN3 silicon-based anode batteries demonstrated more than 1,000 charge cycles and approximately a 30% cumulative energy gain compared with graphite-based benchmark batteries under reported testing conditions.

Novacium is also advancing METAGENE, a hydrogen technology platform focused on enabling on-demand energy generation. HPQ holds exclusive North American rights related to that technology through its partnership structure with Novacium.

During the interview, management stated it believes the company now has clearer visibility on potential commercialization pathways, including specialized battery applications, partner-financed fumed silica production facilities, and hydrogen deployments aligned with remote energy needs and critical-minerals development.

The $3M financing, completed with an investor outside Canada, is intended to provide working capital and allow the company to continue advancing its development programs while pursuing potential partnerships, government support, and commercial opportunities.

CEO BERNARD TOURILLON

“We’ve reached the point where the fly-by-the-seat-of-your-pants structure just doesn’t work anymore. We believe we know where our revenues are going to come from, and we needed to stop thinking quarter to quarter and fund the plan.”

INVESTOR TAKEAWAY

For investors, the interview outlines management’s view that the financing and Novacium governance changes provide additional capital and structural clarity as HPQ advances its technology platforms.

The private placement supports continued work on the NRCan-supported silicon-anode battery materials program, while also supporting hydrogen technology development and general corporate initiatives.

At the same time, Novacium’s simplified governance structure may help align the company with potential European energy and innovation funding programs, while HPQ’s ownership position in Novacium increases to 36.8%.

Management also indicated that fumed silica commercialization may be pursued through partner-financed plant structures, which could allow HPQ to focus its capital on battery materials and hydrogen technologies.

Overall, management believes the company is positioned to continue advancing its technologies as it works toward potential commercialization opportunities across its battery materials and hydrogen platforms.

HPQ Marks First Paid Fumed Silica Order With 50 kg Pilot Batch

Posted by Alavaro Coronel at 7:56 AM on Friday, February 20th, 2026

WHAT YOU NEED TO KNOW?

  • Paid Purchase Order: Management confirms the 50 kg fumed silica order is paid, with material produced and shipment logistics underway.
  • Pilot Plant Function: The facility is performing its intended role — demonstrating scalable material production rather than prioritizing immediate revenue generation.
  • Application Objectives: Management indicates that internal work and independent laboratory testing support that the material meets the goals for the intended application.
  • Due Diligence Relevance: The batch is framed as a meaningful component of the technical due diligence process tied to a potential joint venture.
  • Operational Data: Pilot plant runs are now informing more detailed assumptions, including practical considerations such as shifts, staffing, and location-dependent cost factors.
  • Market Signaling: Management notes that milestones such as paid production runs may influence how other parties evaluate ongoing discussions.

When a pilot plant progresses from demonstrating production capability to fulfilling a paid purchase order, the discussion naturally shifts from technical feasibility to real operating performance. HPQ Silicon management confirms the company has received a purchase order for 50 kilograms of fumed silica, has produced the material, and is now finalizing shipment logistics as the counterparty determines where the batch will be sent. Management explicitly states the order is paid, while underscoring an important distinction for investors: pilot plants are designed to validate commercial-scale production and generate operating data, not serve as near-term profit centers. The batch is described as part of the technical due diligence process associated with a potential joint venture, with management noting that successful material production is a necessary condition for advancing discussions. Internal testing and independent laboratory testing are described as supporting that the material meets the objectives required for the intended application.

STRATEGIC IMPLICATIONS

Management emphasizes that pilot plants are not structured as profit-driven operations. Their purpose is to demonstrate that commercially valuable material can be produced and to provide the data required for designing larger-scale facilities. The discussion highlights that once systems are functioning, producing a single larger batch becomes more operationally efficient than multiple small runs. Management also indicates that a significant portion of current activity is concentrated on the joint venture process, describing both HPQ Silicon and its technical partner as heavily engaged in technical evaluation, operational analysis, and commercial discussions.

INVESTOR TAKEAWAY

The significance of the paid 50 kg batch is primarily technical and strategic rather than financial. The milestone reflects pilot plant validation, supports customer-side application testing, and contributes to the refinement of detailed operating assumptions required for potential commercial expansion. As described by management, the project remains positioned within an active due-diligence phase rather than a finalized commercial rollout.