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 update shareholders on the latest battery
milestones achieved by its France-based affiliate, NOVACIUM SAS
("Novacium").
This latest update confirms the ongoing positive trend observed
since the start of the charge-discharge cycle tests on Lithium-ion
18650 batteries made using a blend of graphite and Novacium’s GEN3
silicon-based anode material. The tests demonstrate an approximate
39% overall capacity improvement compared to the graphite benchmark
after 150 cycles under conditions simulating real-world usage [2].
Additionally, after 150 cycles, the battery performance is 30%
higher than the previous GEN1 material and 16% higher than that of
the GEN2 material, with a 2% capacity degradation compared to the
graphite benchmark 1% capacity degradation.
“These results continue to confirm our unique position as one of
the only producers of advanced silicon anode material that can
deliver superior 18650 high-performance batteries,” said Dr. Jed
Kraiem, COO of Novacium. “The ability to get these results with our
proprietary silicon material under real-world conditions further
validates our capabilities and expertise in the domain.”
Enhancing Battery Performance with Silicon-Based Anode
Materials
Graph 1) Average capacity, in milliampere-hours
(mAh), of 100% graphite, GEN1, GEN2 & GEN3 batteries over 150
cycle testing [1] (the blue, orange, green and yellow lines).
Graph 1 shows the battery capacity (in mAh) of 18650 batteries
made with Novacium GEN3 (yellow line), GEN2 (green line), GEN1
(orange line) materials, and a 100% graphite benchmark (blue line)
over 150 cycles. At 150 cycles, the GEN3 batteries maintain an
average capacity of 3,793 mAh, outperforming GEN2 at 3,257 mAh,
GEN1 at 2,910 mAh, and the graphite benchmark at 2,748 mAh.
This data highlights that GEN3 silicon-based batteries offer
approximately 39% more capacity than the graphite benchmark, 30%
more than GEN1, and 16% more than GEN2 after 150 cycles.
Silicon-Based Anode Materials with graphite-like
degradation at 150 cycles
Graph 2) the blue line shows the relative
capacity of 100% graphite batteries, the orange line the relative
capacity of GEN1 batteries, the green line the relative capacity of
GEN 2 batteries and the yellow line shows the relative capacity of
GEN 3 batteries over 150 cycles [1]
Graph 2 demonstrates the minimal performance degradation for
GEN3 advanced silicon material over 150 cycles, with a capacity
retention of 97.8% compared to 98.8% for the graphite benchmark— a
difference of 1.0%. Specifically, the absolute capacity of the GEN3
batteries (yellow line) decreased from 3,883 mAh to 3,793 mAh. In
comparison, GEN2 batteries (green line) retained 96.3% of its
capacity, dropping from 3,370 mAh to 3,257 mAh, while GEN1
batteries (orange line) retained only 92.5% of its capacity,
decreasing from 3,145 mAh to 2,910 mAh. The graphite benchmark
(blue line) showed a slight decline from 2,780 mAh to 2,748 mAh,
retaining 98.8% capacity.
Graph 2 further illustrates that between 100 and 150 cycles,
batteries using the graphite benchmark experienced a 0.4%
degradation in capacity (from 99.2% to 98%), while batteries made
with Novacium GEN3 materials showed a 1% degradation (from 98.8% to
97.8%), a result comparable to graphite performance. By comparison,
batteries made with Novacium GEN2 materials experienced a 2%
degradation (from 98.3% to 96.3%), while those made with GEN1
materials showed a 4.2% degradation (from 96.7% to 92.5%).
“GEN3's capacity retention of 97.8%, reflecting a minimal 2.2%
capacity loss after 150 cycles, represents a significant
achievement. This is especially notable when compared to
commercially available high-performance (>3,000 mAh) 18650
battery models, which lose between 11% and 20% of their capacity
after the same number of cycles, depending on the model [3],” said
Bernard Tourillon, President and CEO of HPQ Silicon Inc. and
NOVACIUM SAS. “These results have real-world implications, as our
material can be integrated seamlessly into existing manufacturing
processes without the need for costly retooling or overhauls.”
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] |
Cycling parameters from:
Ratnakumar Bugga et al. “Performance of Commercial High Energy and
High Power Li-Ion Cells in Jovian Missions Encountering High
Radiation Environments”, NASA Battery Workshop November 19-21,
2019. |
[3] |
Link to the source of the
information on NCR18650G-datasheet-specifications-Panasonic, and,
Link to the source of the Samsung INR18650-35E Battery capacity
graph. |
|
|
About NOVACIUM SAS
Novacium is an HPQ - affiliated company that
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 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 Silica Polvere Inc being
developed for HSPI 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/d06fd8b9-a411-4350-b48a-f2fc058c8428
https://www.globenewswire.com/NewsRoom/AttachmentNg/6d6e8a8e-cbb2-4ec8-a925-4b90ab4c7379
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