Montreal, October 15th / PRNewswire / -- HPQ Sil Token Issuance n Inc. ("HPQ" or "Company") (TSX-V : HPQ) (OTCQB : HPQFF) (FRA : O08) is a technology company focused on advanced material innovation and next-generation process development. The company announced that through its HPQ Sil token issuance n and in conjunction with its HPQ ENDURA + battery project, together with French technology partner Novacium SAS ("Novacium"), it has signed a cell evaluation and non-disclosure agreement with Aptera Motors Corp. ("Aptera") (NASDAQ : SEV). Aptera is a U.S. solar mobility company listed on NASDAQ, dedicated to advancing high-efficiency transportation vehicles.
According to the agreement, Aptera will evaluate HPQ ENDURA combined with high-capacity 21700 lithium-ion cells. These cells are based on Novacium's silicon-based anode material and related cell technology. The evaluation will include laboratory tests.
This agreement marks an important step forward in HPQ's North American battery commercialization strategy, moving HPQ ENDURA + battery cells from the technology development and internal validation phases to the application-level evaluation phase.
Promote HPQ ENDURA towards commercial applications
Aptera is developing a solar-powered electric vehicle, with its design centered around ultra-high efficiency, aerodynamics, and integrated solar power generation. The company recently announced several milestones, including obtaining the EPA compliance certificate for its Launch Edition for 2026, as well as announcing a manufacturing partnership with Launch Design.
For HPQ, this evaluation provides ENDURA + battery cells with an opportunity to be tested in an application scenario that involves important engineering considerations regarding energy density and overall system efficiency.
HPQ Sil, the President and CEO of the token issuance, Bernard Tourillon stated: "This agreement is precisely the kind of progress we have been working hard to achieve around HPQ ENDURA. We have been focused on advancing our technology from advanced materials to high-performance battery cells, and finally entering the evaluation phase at the application level, where its performance can be tested in electric vehicle applications. We are delighted to begin this process and see what the results will bring."
From cell development to external evaluation
Novacium has been continuously advancing silicon-based anode materials and related battery cell technologies, with the aim of enhancing the energy storage capacity of traditional lithium-ion battery formats. HPQ holds the applicable commercial rights in North America related to Novacium technology and participates in the subsequent commercial and industrial deployment efforts for potential future applications.
Novacium SAS Chief Operating Officer Jed Kraiem stated: "Entering the evaluation with Aptera is an important next step for our battery cell technology. Our development efforts have been focused on transforming the performance of silicon-based materials into practical high-capacity battery cells. Having these battery cells evaluated will provide valuable application-level feedback, and we look forward to supporting the technical team at Aptera throughout this process."
This assessment also marks another step for HPQ in building a commercialization path for North America with HPQ ENDURA, pushing it from technology development towards application-level evaluation, as the first step in verifying applications for electric vehicles.
The initial assessment does not constitute a commercial supply commitment. If the results support further discussion, the parties may consider subsequent technical, qualification certification, and commercial steps separately.
Regarding the issuance of the HPQ Sil token n
HPQ Sil Token Issuance n Inc. is a TSX Venture Exchange industrial issuance company headquartered in Quebec ( TSX-V : HPQ ), focusing on advanced material innovation and key process development.
HPQ holds a strategic equity stake of 36.8% in its R&D and commercialization partner Novacium. Both parties are developing the next generation of silicon-based anode materials for batteries (Gen3 and Gen4), advancing the commercialization of ENDURA + lithium-ion battery cells, and developing innovative technologies for clean hydrogen production and waste energy recovery. HPQ holds the exclusive rights to commercialize these technologies in North America.
HPQ is still advancing its proprietary technologies, with the goal of becoming a low-cost, zero CO2 silica producer with the technical support of PyroGenesis Inc. These measures enable HPQ to seize growth opportunities in the energy storage, clean hydrogen, and advanced materials markets, which are crucial for achieving global net-zero goals.
For more information, please visit the HPQ Sil token issuance website.
About Novacium SAS
Novacium is a French deep-tech company located in Solaize, specializing in the development of silicon-based anode materials for lithium-ion batteries using proprietary processes. The company also designs custom battery cells and battery packs for high-demand applications, particularly targeting the defense, aerospace, and portable energy sectors.
Warning Note on Forward-looking Information
This press release contains forward-looking statements. These statements are based on assumptions regarding technical performance, market demand, licensing, financing, supply chain, and economic conditions, but they still face significant risks, including delays, regulatory challenges, competition, pricing, availability of financing, and macroeconomic uncertainties. Actual results may differ significantly from expectations. Detailed risk factors are provided in the annual information sheet available at HPQ on SEDAR. Forward-looking information is intended only to provide an overview of management's future expectations and objectives.
For more detailed warning information regarding the HPQ Endura + battery project, please download [here] here.
For more information about the company, please refer to the SEDAR + database ( www.sedarplus.ca ), as well as the company's website http :// www.hpqsil Token Issuance n.com.
TSX Venture Exchange and its regulatory service providers (as defined by the TSX Venture Exchange policy) shall not be liable for the sufficiency or accuracy of this press release.
This press release is also available on the company's CEO Verified Discussion Forum. This platform is a verified social media platform that facilitates civilized discussions and Q&A sessions between management and shareholders.
