HPQ-Silicon Resources ( (TSE:HPQ) ) has shared an announcement.
HPQ Silicon Inc.’s subsidiary, Novacium, has partnered with the French Army’s Technical Section to develop high-capacity silicon-based batteries for military applications. This collaboration aims to enhance operational effectiveness by increasing battery capacity by over 30%, reducing the need for frequent charging, and lightening soldiers’ loads. The partnership marks a significant step towards commercializing their silicon-based anode materials, further establishing HPQ and Novacium as leaders in sustainable, high-performance battery solutions.
More about HPQ-Silicon Resources
HPQ Silicon Inc. is a technology company specializing in green engineering of silica and silicon-based materials. The company focuses on developing innovative technological solutions for high-capacity batteries and is positioning itself as a leader in next-generation energy solutions.
YTD Price Performance: -7.69%
Average Trading Volume: 207,778
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$90.63M
See more data about HPQ stock on TipRanks’ Stock Analysis page.