This announcement highlights the remarkable results obtained during the initial 50-cycle tests of 18650 industrial batteries made with Novacium's non-optimized second-generation advanced silicon-based anode material.
'These results continue to showcase our ability to produce a blend of graphite and advanced silicon anode material that can be seamlessly integrated into existing anode manufacturing facilities, improving overall battery performance,' stated Dr.
These results indicate that during the first 50-cycle test, the batteries made with Novacium non-optimized
The blue line represents the average relative capacity of three (3) 18650 batteries with 100% graphite; the orange line shows the average relative capacity of three (3) 18650 batteries made using Novacium GEN1 materials, and the green line depicts the average relative capacity of three (3) 18650 batteries using Novacium GEN2 materials.
'Novacium's non-optimized second-generation engineered silicon anode material continues to deliver results that surpass those obtained with Novacium GEN1 materials. These promising results have real-world applications,' stated Mr.
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
HPQ activities are centred around the following four (4) pillars: 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.
Becoming a producer of silicon-based anode materials for battery applications with the assistance of NOVACIUM SAS.
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.
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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