What Homerun Resources does

Homerun Resources Inc. (TSXV: HMR | OTC: HMRFF | FSE: 5ZE | B3: HMRN31) is a Vancouver-headquartered public materials company building a vertically integrated silica-to-clean-energy platform across four business verticals: Industrial Silica, Solar Glass, Energy Storage, and Energy Solutions. Its operations center on the Santa Maria Eterna high-purity silica sand district in Belmonte, Bahia, Brazil, where it holds full mining permits on 40-year CBPM leases covering more than 200 million tonnes of target resource and 582 hectares of surface rights. Through wholly-owned subsidiary Homerun Energy SRL (Italy) and Homerun Energy USA, plus a binding 60% acquisition of Spain's SeisSolar, the company extends into perovskite photovoltaic modules, NREL-licensed Enduring long-duration thermal energy storage, and the multi-layer AI energy management platform known as The Hub.

The product portfolio spans raw 3N industrial silica sand (Phase 1 plant CAPEX completed at US$9.4M for 350,000 tpy), planned 4N and 5N ultra-pure silica (99.999% SiO2) via UC Davis-validated femtosecond laser and Fast Joule Heating processes, and a 365,000 tpy antimony-free solar glass plant supported by a positive Bankable Feasibility Study showing US$670M base-case NPV and 20.2% IRR. Offtake commitments total 380,000-450,000 tpy from Sengi Solar, Brasil Fotovoltaico and Balfar Solar. Energy storage is anchored by the NREL-licensed Enduring system delivering 26 GWh per module at under US$10/kWh-thermal, and the SaaS-style The Hub AI EMS is distributed through SeisSolar's 2,800+ active B2B customers across nine countries.

The business model blends hardware sales (FOB plant silica sand, future solar glass and TES systems), licensing revenue (NREL Enduring IP, future perovskite IP), and recurring SaaS revenue (The Hub subscriptions) with a sales-led enterprise GTM supplemented by channel partners. First commercial silica sand revenue was recorded in June 2026 under a binding distribution agreement with Cristal Sand Group for the Brazilian luxury construction market, while the solar glass plant, advanced silica and TES product lines remain pre-revenue pending project financing targeted for late 2026.

Name

Homerun Resources

Legal name

Homerun Resources Inc.

Website

https://homerunresources.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Short description

Homerun Resources (TSXV: HMR) is a Vancouver-based public materials company building a vertically integrated silica-to-clean-energy platform across Industrial Silica, Solar Glass, Energy Storage and AI Energy Management, anchored on the 200+ Mt Santa Maria Eterna silica district in Brazil and serving solar manufacturers, utilities and industrial energy customers globally.

Ownership category

akta.pro rank

Product category

Industrial Silica and Solar Glass Manufacturing

NAICS

Flat Glass Manufacturing (327211), Glass and Glass Product Manufacturing (3272), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Industrial Process Furnaces & Ovens (3567)

akta.pro primary industry

High-Temperature Solid Media Storage (Bricks, Concrete, Ceramic) (EUAFANAF)

akta.pro secondary industry

CSP Thermal Energy Storage & Heat Transfer Systems (Molten Salt, HTF, Receivers) (EUACAGAF)

Keywords

• High-purity silica processing
• Solar glass manufacturing
• Thermal energy storage
• Clean energy materials
• AI energy management

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. High-Purity Industrial Silica Sand Sales: Sale of processed silica sand from Santa Maria Eterna deposit. First commercial revenue achieved through binding distribution agreement with Cristal Sand Group for Brazilian luxury construction market. Sample orders testing in USA market.
2. Solar Glass Manufacturing: Production and sale of antimony-free solar glass from 1,000 tpd plant (365,000 tpy capacity). Projected annual revenue US$294.3M at 2030 pricing. Gross margin target ~50%. Offtake agreements secured with Sengi Solar (100,000 tpy), Brasil Fotovoltaico (180,000 tpy), and additional LOIs totaling 380,000-450,000 tpy.
3. Advanced Silica Materials (3N/4N/5N): Sale of purified silica products at multiple purity levels (3N >99.9%, 4N >99.99%, 5N >99.999%) for premium markets including solar glass, optical glass, silicon carbide, and engineered stone composites. Phase 1 plant CAPEX completed at $9.4M for 350,000 tpy capacity.
4. Enduring Thermal Energy Storage Licensing: Global IP agreement with US DOE's NREL for long-duration thermal energy storage technology commercialization. Revenue from licensing fees, system sales, and pilot deployments. NREL-developed system with 15 years R&D and $20M investment backing.
5. The Hub AI Energy Management SaaS: SaaS revenue model for AI-powered energy management platform. Multi-layer AI architecture serving 2,800+ existing customers across 9 countries through SeisSolar distribution partnership. Recurring subscription revenue with real-time analytics and VPP orchestration capabilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Homerun Resources operates a vertically integrated clean energy materials platform built around high-purity silica sand from its Santa Maria Eterna deposit in Bahia, Brazil. The company extracts, processes, and purifies silica into industrial (3N), high-purity (4N), and ultra-pure (5N) grades, manufactures 100% antimony-free solar glass, commercializes NREL-validated sand-based thermal energy storage systems, and offers The Hub, an AI-powered multi-layer energy management SaaS platform for EV charging, battery storage, and VPP orchestration.

Product overview

Homerun Resources is a vertically integrated materials company operating across four business verticals: Silica, Solar, Energy Storage, and Energy Solutions. The core platform transforms raw high-purity silica sand from the Santa Maria Eterna deposit in Brazil into essential products and technologies. The integrated product portfolio includes: High Purity Industrial Silica Products (raw material feedstock), Ultra-Clear Solar Glass (Latin America's first antimony-free solar glass at 365,000 t/yr capacity), Advanced Ultra-Pure Silica Materials (3N to 5N purity via traditional and femtosecond laser processing), Enduring Thermal Energy Storage (NREL-validated 26 GWh silica-based system), and The Hub AI Energy Management Platform (AI-powered orchestration connecting all systems). The company also operates subsidiary Homerun Energy for perovskite solar technology.

Differentiator

Problem solved

Functional benefit

Brands

• The Hub: AI-powered energy management system platform that integrates, optimizes, and monetizes energy generation, storage, consumption, and trading across distributed systems
• Enduring
• Homerun Energy

Products and services

• High Purity Industrial Silica Sand Industrial-grade high-purity silica sand with >200 million tonnes of target resources across three key assets in Belmonte, Bahia, Brazil. Features extremely low levels of iron and aluminum and is suitable for antimony-free solar glass production. Sold to industrial buyers for construction materials, engineered stone composites, and broader industrial applications.
• Ultra-Clear Solar Glass Latin America's first 100% antimony-free solar glass engineered for maximum light transmission and durability. Planned capacity of 365,000 tonnes/year with a potential second production line. Targeted at photovoltaic module manufacturers serving Brazil's 55 GW solar market and Latin America's broader 176 GW pipeline.
• Advanced Ultra-Pure Silica Materials Purified silica products at multiple purity levels (3N >99.9%, 4N >99.99%, 5N >99.999%) using traditional purification methods and femtosecond laser processing technology. Serves high-value markets including semiconductors, photonics, optical glass, silicon carbide, and engineered stone composites with zero-waste carbon-neutral methodology.
• Enduring Thermal Energy Storage System Long-duration thermal energy storage system using proprietary silica sand technology, validated by US Department of Energy's NREL. Provides 26 GWh storage per module with multi-day duration, no geographical limitations, and lowest cost thermal storage. Five awarded patents protect the core system developed over 15 years with $20M DOE funding.
• The Hub AI Energy Management Platform AI-powered energy management SaaS platform with multi-layer AI architecture (Local, Charging, Fleet, Cross-Customer) that orchestrates energy generation, storage, consumption, and trading. Supports Modbus, CAN, OCPP, and SunSpec protocols. Enables EV charging optimization, energy arbitrage, VPP orchestration, and multi-vendor integration for commercial and industrial energy consumers.
• Perovskite Solar Technology Advanced perovskite photovoltaic technology developed through subsidiary Homerun Energy (formerly Halocell Europe). Modules feature large-area format with industry-leading stability for next-generation thin-film solar applications.

Quantifiable outcome

• 99.9694% SiO2 purity from raw washed sand (vs industry requirements of 99.5-99.9%)
• +6 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature7 records

Partnerships

21 partnerships are on record, tiered minor, core and major.

• RisenminorChannel Partner/ Reseller/ Distributor · 26 November 2025First commercial installation of The Hub AI EMS on Risen battery energy storage system. Demonstrates multi-vendor integration capability.
• IGRAINE PLCminorChannel Partner/ Reseller/ Distributor · 5 August 2025Collaboration for rapid-deployment EV charging and battery storage solutions for UK auto sector. Leverages The Hub AI platform and Homerun Energy technology.
• The Land & Mineral CompanyminorStrategic or Co-development Partner · 7 May 202590-day exclusive evaluation agreement for Spruce Pine, North Carolina Silica Project. New sampling, assaying, and thermoelectric purification testing at UC Davis. Spruce Pine district supplies 70-90% of world high-purity quartz.
• UC DaviscoreTechnology or IntegrationTechnology & R&D partnership for femtosecond laser purification technology and Fast Joule Heating processes. Successfully produced fused silica glass from raw SME silica sand achieving 99.999% purity without chemical reagents. Joint patent application filed.
• NREL (US Department of Energy)coreTechnology or IntegrationGlobal IP Agreement for Enduring long-duration thermal energy storage technology. 15 years R&D with $20M investment. Five patents awarded, eight journal papers published. Validation of Homerun's silica feedstock for TES applications.
• Dorfner Anzaplan GmbHcoreTechnology or IntegrationEngineering partner for purification plant development. Confirmed multiple non-HF purification routes achieving 92-204 ppm total impurities. Validated SME silica for solar glass, optical glass, silicon carbide, and engineered stone markets.
• Minerali Industriali Engineering Srl (MIE)coreImplementation/ SI/ Consulting PartnerEngineering partner developing process flow design and CAPEX for 350,000 tpy primary silica processing plant. Completed Phase 1 CAPEX at $9.4M. Validated SME silica for antimony-free solar glass manufacturing.
• DTEC EngineeringcoreImplementation/ SI/ Consulting PartnerBankable Feasibility Study for solar glass manufacturing plant completed. Confirmed positive project economics with US$670M NPV and 20.2% IRR. BFS presented in São Paulo April 2026.
• SORG GlasscoreStrategic or Co-development PartnerGlass manufacturing partner providing turnkey plant solution. LOI signed for completion of antimony-free solar glass manufacturing plant in Santa Maria Eterna, Bahia.
• Jundu Ltda.coreChannel Partner/ Reseller/ DistributorBrazil's most established industrial silica sand producer. LOI for extraction, processing, and sale of high-purity silica sand. Collective target volumes up to 365,000 tpy for solar glass and HPQ purified silica markets.
• SeisSolar FotovoltaicacoreChannel Partner/ Reseller/ DistributorEuropean leader in marketing and distribution of solar, battery, and EV charging solutions. Binding agreement to acquire 60% of SeisSolar. Access to 2,800+ active customers across 9 countries. €70M cumulative revenues 2022-2024.
• Halocell AustraliacoreTechnology or IntegrationTechnology partner for perovskite PV and other patent rights. Acquired and rebranded as Homerun Energy. Stability breakthrough with modules retaining >95% efficiency after 5,000 hours.
• CBPM (Bahia State Government)coreOthers40-year exclusive lease agreements for Santa Maria Eterna silica sand district. Full mining permits secured. Extraction royalty R$26-30.17/tonne (USD $4.50).
• Municipality of BelmontecoreOthersInfrastructure improvements, land donation via expropriation decree, tax incentives, and expedited licensing for industrial projects in Bahia, Brazil.
• BahiaGascoreOthersNatural gas supply commitment secured for industrial projects. Primary energy source for planned solar glass manufacturing facility.
• Sengi SolarmajorChannel Partner/ Reseller/ DistributorFive-fold increased offtake agreement to minimum 100,000 tpy solar glass at USD $750/tonne. Major solar manufacturer customer.
• Brasil FotovoltaicomajorChannel Partner/ Reseller/ DistributorNon-binding MOU for minimum 180,000 tpy solar glass supply. Major Brazilian solar manufacturer.
• Balfar SolarminorChannel Partner/ Reseller/ DistributorNon-binding offtake agreement for solar glass supply with potential solar module JV component.
• Magnum Mining & Exploration LimitedminorStrategic or Co-development PartnerBinding MOU to evaluate Homerun's ultra-pure silica as column media for ion-exchange chromatography REE separation. Bench-scale testing with scope for pilot expansion. Joint IP ownership.
• Companhia de Navegação NorsulminorChannel Partner/ Reseller/ DistributorMaritime logistics partner for shipping high-purity silica sands from Belmonte Silica District to global customers.
• Veracel CeluloseminorOthersLOI for improved logistics and community relations supporting silica sands originating from Belmonte district.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• HPQ Silicon Resources: Canadian-listed junior miner developing high-purity quartz and silica products for solar/semiconductor applications, including advanced purification technologies. Most direct operating comparable for Homerun's Silica and Advanced Purification verticals.
• Xinyi Solar Holdings: World's largest solar glass manufacturer supplying photovoltaic cover glass to module makers globally. Closest direct competitor to Homerun's planned 365,000 tpy ultra-clear antimony-free solar glass plant, with scale and cost advantages.
• Flat Glass Group Co., Ltd. One of China's largest photovoltaic glass producers with multi-million-tonne capacity and integrated raw material sourcing. Direct competitor on solar glass output and pricing, with established offtake relationships that Homerun is targeting.
• Energy Vault: Long-duration energy storage company developing gravity-based and thermal storage systems for utility-scale applications. Comparable in the long-duration thermal energy storage space where Homerun's Enduring silica-sand TES competes, including integration with energy management software.

Broad incumbents

• Sibelco: Global industrial minerals leader producing high-purity silica sands and quartz for solar, semiconductor, and specialty glass applications. Compares to Homerun's silica and solar glass raw material supply position with broader portfolio across ceramics, glass, and filtration.
• Saint-Gobain: Global building materials and glass manufacturer with extensive flat glass, specialty glass, and performance materials operations including solar glass. Comparable at the broad level as an incumbent integrated glass producer with similar downstream applications to Homerun's solar glass business.
• Wacker Chemie AG: German chemical company producing hyperpure polysilicon for semiconductors and solar applications, plus specialty silicones. Broad incumbent in silicon-based materials with technology portfolio comparable to Homerun's purification and advanced silica materials verticals.

Emerging players

• Antora Energy: US-based thermal energy storage startup using solid carbon blocks at high temperature for industrial decarbonization and grid storage. Comparable emerging long-duration thermal storage player with similar technology positioning to Homerun's Enduring system.
• Oxford PV: UK/Germany-based perovskite-silicon tandem solar cell developer pursuing commercial perovskite module production. Closest peer for Homerun Energy's perovskite PV vertical in stability breakthroughs and commercialization timeline.

Regional players

• Tokuyama Corporation: Japanese chemical manufacturer producing high-purity polycrystalline silicon and specialty silica for semiconductors and solar applications. Comparable for advanced/high-purity silica materials targeting the same semiconductor end-market Homerun is pursuing via 4N/5N purification.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/HomerunRes

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Homerun Resources