HPQ CEO Explains How the Company is Turning Battery Performance into Revenue with its Frist Order
In a recent interview, HPQ CEO Bernard Tourillon shared key insights on its first battery order from a European drone manufacturer using GEN4 silicon-based cells.
It is a paid order, marking a clear transition from technical validation to early-stage commercialization.
The discussion highlights how quickly this opportunity developed. Initial conversations began around earlier-generation batteries, but accelerated significantly once GEN4 performance data became available. Within roughly a month, discussions moved from evaluation to order and delivery. That speed reflects a core advantage in HPQ’s strategy: its ability to integrate into existing battery formats without requiring manufacturers to redesign their systems. In this case, the company delivered a cylindrical 21700-based battery pack tailored to drone applications, offering roughly 30–35% more energy capacity than traditional graphite cells.
Beyond the order itself, the interview provides insight into HPQ’s broader positioning. The company is actively in discussions with multiple groups across Europe and North America, with expectations for additional orders as testing progresses. Current production capacity remains modest, estimated at roughly 35,000 battery packs annually, but plans are underway to scale through a future 50-ton production facility.
Tourillon also emphasizes a shift in business model. Rather than limiting itself to supplying materials, HPQ is moving up the value chain by delivering complete battery packs, capturing higher margins while simplifying adoption for customers. As he notes, this first order is less about volume and more about validation—a step that signals HPQ has moved beyond the “development” stage and into a phase where commercial traction is beginning to take shape.
Watch the full interview here:
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