A newly signed agreement with Novacium marks the start of HPQ’s path to commercializing its high-performance battery technology in North America.
MONTREAL, Canada — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company driving innovation in advanced materials and critical process development, is proud to announce the signing of a new industrial agreement with its French technology partner, NOVACIUM SAS (“Novacium”).
Originally planned as a two-phase rollout—beginning with production and commercialization led by Novacium, followed by HPQ Silicon—the strategy has now evolved into a concurrent model. Under the new agreement, HPQ will launch its own battery production operations in parallel with Novacium, accelerating the company’s entry into the North American market.
Following Novacium’s June 18, 2025, announcement of the start of industrial-scale production of high-performance battery cells, HPQ has received strong interest from North American stakeholders.
In response to this momentum, HPQ initiated discussions with Novacium to explore faster deployment of GEN3 battery technology across North America.
These efforts culminated in a new strategic agreement signed on July 2, 2025, enabling HPQ to begin producing its first GEN3-based battery cells in parallel with Novacium. This collaborative production model is designed to meet market needs more quickly, positioning HPQ to generate early commercial revenues.
“This agreement represents a pivotal step in our renewed approach to commercializing HPQ’s technologies,” said Bernard Tourillon, President and CEO of HPQ Silicon Inc. “By moving forward with concurrent production alongside Novacium, we’re positioned to deliver our own high-performance 18650 (4,000 mAh) and 21700 (6,000 mAh) batteries to the North American market by the end of Q3 2025—unlocking the full commercial value of our exclusive license.”
Image 1) Design of HPQ Silicon’s 18650 battery labels, prepared for application on the first batch of batteries produced.
HPQ’s production efforts will be powered by Novacium’s advanced technology transfer, which has already proven the seamless integration of GEN3 anode material into standard industrial battery manufacturing lines. This expanded partnership enables HPQ to leverage GEN3’s superior energy density and cycling performance, meeting the rising demand across the mobility, consumer electronics, telecommunications, and Canadian defence sectors.
“This expanded collaboration with HPQ underscores our shared commitment to turning innovation into commercial reality,” said Dr. Jed Kraiem, Ph.D., Head of Novacium. “Enabling HPQ to begin parallel production broadens the global reach of our GEN3 technology and reinforces our position as a leader in next-generation energy storage solutions.”
“This agreement reflects HPQ’s new strategic direction—one that prioritizes agile partnerships with innovators like Novacium, who can quickly turn breakthrough technologies into market-ready products,” added Mr. Tourillon. “It marks a deliberate shift away from past approaches, embracing faster, more focused execution to accelerate returns and drive commercial success.”
About NOVACIUM SAS
Novacium is a cleantech start-up based in Lyon, France, founded by three French Ph.D. engineers—Dr. Jed Kraiem (COO), Dr. Oleksiy Nichiporuk (CTO), and Dr. Julien Degoulange (CIO)—and supported by HPQ Silicium Inc. Their mission is to develop high value-added technologies in the energy sector by combining deep scientific expertise with a strong industrial vision.
REFERENCE SOURCES
[1] For commercial reasons, the name of the selected leading industrial partner will not be disclosed at this stage.
[2] Industrial watch on cylindrical batteries carried out by HPQ and Novacium.
About NOVACIUM SAS
Novacium is a green technology start-up based in Lyon, France. It was founded through a partnership between HPQ Silicon Inc.—a Canadian company specializing in critical materials—and three high-level French research engineers: Dr. Jed Kraiem, Chief Operating Officer (COO); Dr. Oleksiy Nichiporuk, Chief Technology Officer (CTO); and Dr. Julien Degoulange, Chief Innovation Officer (CIO).
Together, they founded Novacium with the goal of developing proprietary technologies in high value-added sectors linked to renewable energy. The partnership with HPQ was designed to combine their scientific expertise with HPQ’s industrial vision to advance silicon-related initiatives and explore new opportunities in clean technologies.
HPQ Silicon is a Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer. With the support of world-class technology partners PyroGenesis Canada and NOVACIUM SAS, the company is developing new green processes crucial to make the critical materials needed to reach net zero emissions.
