HPQ Silicon Affiliate Novacium Enhances Testing Capabilities by Buying Superior Battery Testing Gear

• The brand new gear permits for complete analyses of assorted Lithium battery codecs, together with button and as much as 21700 cylindrical batteries.
• This acquisition considerably enhances our self-sufficiency, lowering dependency on exterior laboratories, accelerating testing processes, and enabling benchmarking of proprietary supplies in opposition to business requirements.

MONTREAL, June 21, 2024 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Firm”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08), a expertise firm specializing in inexperienced engineering of silica and silicon materials manufacturing, is happy to announce the acquisition of recent battery testing gear by its France-based affiliate, NOVACIUM SAS (“Novacium”).

The brand new battery take a look at bench, a TOB-BTS-5V6A analyzer, was lately obtained, put in, and operationalized in Novacium’s laboratory in Solaize (Auvergne-Rhône-Alpes area, France). This acquisition enhances Novacium’s laboratory-scale testing capabilities, enabling complete analyses of Lithium batteries in varied codecs, together with button as much as 21700 cylindrical batteries.

“We’re thrilled concerning the potential of this new capability,” stated Dr. Jed Kraiem, Ph.D., COO of Novacium. “It would pace up our testing processes and permit us to acquire important data extra effectively. It’ll additionally allow us to benchmark our supplies in opposition to different commercially out there batteries, lowering the prices related to exterior validation.”

Picture collage of the TOB-BTS-5V6A Battery Analyzer. This state-of-the-art 8-channel analyzer, geared up with a local weather chamber, allows complete testing of polymer and cylindrical batteries. Key options embody exact battery capability measurement, detailed charge-discharge profiling, and superior knowledge visualization for correct efficiency analysis.

ADVANCED TESTING SYSTEM PROVIDES ENHANCED EFFICIENCY

The TOB-BTS-5V6A is an 8-channel battery analyzer designed for polymer and cylindrical batteries starting from 12 mA to 6000 mA and as much as 15V. Geared up with a local weather chamber, it allows correct battery capability measurement, detailed charge-discharge profiling, prolonged cycle efficiency analysis, C-rate and quick cost analyses, inside resistance measurement, and anode materials characterization. The system options eight independently programmable channels, providing excessive precision and accuracy with a voltage vary of 10 mV-5 V for cost and a pair of.5 V-5 V for discharge. Built-in software program helps varied working modes, real-time monitoring, knowledge visualization, and automatic reporting. A sturdy knowledge safety function ensures take a look at continuity and knowledge integrity after energy interruptions.

“Investing in high-precision testing gear is essential for advancing our growth of future generations of silicon-based supplies,” stated Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. and NOVACIUM SAS. “Fast entry to testing outcomes allows us to optimize our analysis and growth efforts, use our assets extra successfully, and keep a aggressive edge available in the market. Our purpose is concentrating on efficiency metrics that exceed present business requirements.”

“We’ve been in search of methods to be self-sufficient in testing and validating our superior silicon-based supplies, and this acquisition is a significant step in the direction of that,” added Dr. Kraiem.

Clarification

The corporate refers back to the transaction disclosed in its press launch issued on June 5, 2024, regarding the acquisition of rights within the French firm Novacium SAS and confirms that after the conclusion of this transaction, it’ll maintain a 20% stake in Novacium SAS.

About NOVACIUM SAS

Novacium is an HPQ – affiliated firm began in Q3 2022. This inexperienced expertise startup relies in Lyon, France and is a partnership with HPQ and three of France’s main analysis engineers, Dr. Jed KRAIEM PhD, Novacium’s Chief Working 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 brand new Analysis and Improvement firm which permits the researchers to develop their very own expertise in excessive added worth fields related to renewable power, and permits HPQ Silicon Inc, a Canadian firm, to broaden the depth and attain of its technical workforce to assist develop its silicon and new renewable power initiatives.

About HPQ Silicon

HPQ Silicon Inc. (TSX-V: HPQ) is a Quebec-based TSX Enterprise Alternate Tier 1 Industrial Issuer.

HPQ is creating, with the assist of world-class expertise companions PyroGenesis Canada Inc. and NOVACIUM SAS, new inexperienced processes essential to make the important supplies wanted to succeed in web zero emissions.

HPQ actions are centred across the following 4 (4) pillars:

1) Changing into a inexperienced low-cost (Capex and Opex) producer of Fumed Silica utilizing the FUMED SILICA REACTOR, a proprietary expertise owned by HPQ being developed for HPQ by PyroGenesis.

2) Changing into a producer of silicon-based anode supplies for battery functions with the help of NOVACIUM SAS.

3) HPQ SILICON affiliate NOVACIUM SAS is creating a low carbon, chemical primarily based on demand and high-pressure autonomous hydrogen manufacturing system.

4) Changing into a zero CO₂ low-cost (Capex and Opex) producer of Excessive Purity Silicon (2N+ to 4N) utilizing our PUREVAP™ “Quartz Discount Reactors” (QRR), a proprietary expertise owned by HPQ being developed for HPQ by PyroGenesis.

For extra data, please go to HPQ Silicon web page.

Disclaimers:

This press launch accommodates sure forward-looking statements, together with, with out limitation, statements containing the phrases “might”, “plan”, “will”, “estimate”, “proceed”, “anticipate”, “intend”, “count on”, “within the course of” and different related expressions which represent “forward-looking data” inside the which means of relevant securities legal guidelines. Ahead-looking statements mirror the Firm’s present expectation and assumptions and are topic to plenty of dangers and uncertainties that might trigger precise outcomes to vary materially from these anticipated. These forward-looking statements contain dangers and uncertainties together with, however not restricted to, our expectations concerning the acceptance of our merchandise by the market, our technique to develop new merchandise and improve the capabilities of current merchandise, our technique with respect to analysis and growth, the impression of aggressive merchandise and pricing, new product growth, and uncertainties associated to the regulatory approval course of. Such statements mirror the present views of the Firm with respect to future occasions and are topic to sure dangers and uncertainties and different dangers detailed from time-to-time within the Firm’s ongoing filings with the safety’s regulatory authorities, which filings will be discovered at www.sedar.com. Precise outcomes, occasions, and efficiency might differ materially. Readers are cautioned to not place undue reliance on these forward-looking statements. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements both because of new data, future occasions or in any other case, besides as required by relevant securities legal guidelines.

Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.

This Information Launch is obtainable on the corporate’s CEO Verified Dialogue Discussion board, a moderated social media platform that permits civilized dialogue and Q&A between Administration and Shareholders.

Supply: HPQ Silicon Inc.
For additional data contact:
Bernard J. Tourillon, Chairman, President, and CEO Tel +1 (514) 846-3271
Patrick Levasseur, Director Tel: +1 (514) 262-9239
E-mail: [email protected]

A photograph accompanying this announcement is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/c91a43cb-e606-41d2-8844-5b161d0a4603