- Testing results after 100 cycles of GEN2 material show continued strong overall capacity improvement compared to the graphite benchmark and GEN1 material, with minimal cycle degradation [1].
“These results continue to showcase our capability to produce a blend of graphite and advanced silicon anode material that significantly improves overall battery performance and can be seamlessly integrated into existing anode manufacturing facilities,” stated Dr.
Silicon Based Anode Materials Unlocking Enhanced Battery Performance with Minimal Degradation
Image 1 left) the blue line shows average capacity of 100% graphite batteries, the orange line, the average capacity of GEN1 batteries, and the green line the average capacity of GEN 2, all measured in milliampere-hours (mAh) while on Image 1 right) the blue line shows the relative capacity of 100% graphite batteries, the orange line the relative capacity of GEN1 batteries, and the green line the relative capacity of GEN 2, over 100 cycles [1].
The graph on the left illustrates the progression in battery capacity over 100 cycles. The blue line represents the average capacity of three (3) 18650 batteries with 100% graphite at around 2,769 mAh. The orange line shows the average capacity of three (3) 18650 batteries using Novacium GEN1 materials at around 3,100 mAh. Finally, the green line depicts the average capacity of three (3) 18650 batteries using Novacium GEN2 materials at around 3,355 mAh.
In the graph on the right, the blue line represents the average relative capacity of three (3) 18650 batteries with 100% graphite; the orange line is the average relative capacity of three (3) 18650 batteries made using Novacium GEN1 materials, and the green line the average relative capacity of three (3) 18650 batteries using Novacium GEN2 materials, over 100 cycles.
These results continue to demonstrate minimal measurable capacity degradation for Novacium GEN2 materials (approximately 1.7%), similar to the graphite benchmark and also show the superior relative capacity retention of the GEN2 materials compared to the GEN1 material (1.7% versus 3.3%).
“These promising results have real-world applications,” stated Mr.
Notice of termination
The Company wishes to inform its shareholders that it has received a notice of termination from
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] | Global Cell Phone Battery Market is expected to reach |
About NOVACIUM SAS
Novacium is an HPQ - affiliated company started in Q3 2022. This green technology startup is based in
About
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) | |
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. |
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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.
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Email: Info@hpqsilicon.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39d19848-a2e9-498f-ac03-df3c44f89767
![](https://ml.globenewswire.com/media/NDJlOTg2OTMtM2Y2MC00NTAyLTlmZTUtMjgwNjVjYWJjY2QxLTEwOTgxNTA=/tiny/HPQ-Silicon-Inc-.png)
Image 1
![](https://ml.globenewswire.com/media/39d19848-a2e9-498f-ac03-df3c44f89767/medium/image-1.jpg)
Image 1 left) the blue line shows average capacity of 100% graphite batteries, the orange line, the average capacity of GEN1 batteries, and the green line the average capacity of GEN 2, all measured in milliampere-hours (mAh) while on Image 1 right) the blue line shows the relative capacity of 100% graphite batteries, the orange line the relative capacity of GEN1 batteries, and the green line the relative capacity of GEN 2, over 100 cycles [1].
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