HPQ-Silicon

What HPQ-Silicon does

HPQ Silicon Inc. (TSX-V: HPQ; OTCQB: HPQFF; FRA: O08) is a Quebec-based advanced materials engineering company that develops proprietary plasma-based manufacturing platforms for silica, silicon, and hydrogen products. Originally incorporated as Uragold Bay Resources Inc. in 2015 and rebranded to its current name in July 2022, the company is headquartered in Montreal at 215 Saint-Jacques Street, Suite 1200, and operates as a Tier 1 Technology Issuer on the TSX Venture Exchange. Its IP base includes granted U.S. and Canadian patents on the PUREVAP Quartz Reduction Reactor (QRR).

The company pursues three platform businesses: (1) a Fumed Silica Reactor (FSR), a proprietary single-step plasma process that converts quartz directly into commercial-grade fumed silica, eliminating the silicon metal and silicon tetrachloride steps of legacy production and reducing projected CO2 emissions by more than 50%; (2) Silicon Battery Materials, comprising GEN3 and GEN4 engineered silicon-based anode materials integrated into commercially certified HPQ ENDURA+ 18650 (4,000 mAh) and 21700 (6,600+ mAh) lithium-ion cells delivering up to 395 Wh/kg at the pack level with 80%+ retention beyond 1,000 cycles; and (3) the METAGENE autonomous hydrogen generation platform and an associated Waste-to-Energy process for black aluminum dross. Core battery technology is developed at Novacium SAS in Lyon, France, in which HPQ holds a 36.8% equity stake and exclusive North American commercialization rights.

HPQ's business model is pre-commercial and project-based, combining projected hardware sales of battery cells and fumed silica, future technology licensing and royalty income from the Novacium license, and non-dilutive government grants (up to $3M CAD from the Government of Canada, €90,000 to Novacium from France). Go-to-market is multi-channel: direct enterprise sales of ENDURA+ cells to North American OEMs; LOI-stage distribution partnerships with GH Technologies for Asia-Pacific (57% of global cylindrical Li-ion demand) and LN Innov' for North American drone/defense markets; channel-partner co-development with PyroGenesis for the planned 1,000-TPY commercial FSR; and industrial cooperation with AD-VENTA to scale METAGENE hydrogen to 20 kg/day. The customer mix spans battery OEMs, drone and defense integrators, specialty chemicals buyers, and hydrogen infrastructure operators, with the first commercial battery order shipped to a European drone manufacturer in April 2026.

Name

HPQ-Silicon

Legal name

HPQ Silicon Inc.

Website

https://hpqsilicon.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

HPQ Silicon is a Quebec-based advanced materials company developing plasma-based fumed silica production, silicon-anode lithium-ion cells (ENDURA+ 18650/21700), and METAGENE autonomous hydrogen systems, targeting battery, drone, defense, specialty chemicals, and clean-hydrogen customers across North America, Europe, and Asia-Pacific.

Ownership category

akta.pro rank

Product category

Advanced Materials & Battery Materials

NAICS

Semiconductor Machinery Manufacturing (333242), Other Electronic Component Manufacturing (334419)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Silica (Quartz, Fumed, Precipitated) (IMAEAFAD)

akta.pro secondary industry

Deposition Equipment (CVD/PVD/ALD/Epitaxy) (HDAHAEAB)

Keywords

• Silicon battery materials
• Fumed silica production
• Autonomous hydrogen generation
• Plasma materials engineering
• Advanced battery anodes

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Battery Materials and Cell Sales: HPQ sells engineered silicon-based anode materials and commercially certified HPQ ENDURA+ battery cells (18650 and 21700 formats) to industrial customers. Revenue is generated through direct sales of battery materials and cells to OEMs and integrators in drones, consumer electronics, and industrial sectors. First commercial battery order received in April 2026.
2. Fumed Silica Sales: HPQ aims to produce and sell commercial-grade fumed silica from its Fumed Silica Reactor. Joint venture with PyroGenesis for 1,000-tonne-per-year commercial-scale fumed silica production plant is under development. First 50 kg purchase order received for advanced customer testing.
3. Technology Licensing and Royalties: HPQ holds exclusive North American commercialization rights to Novacium's technologies including GEN4 battery materials and METAGENE hydrogen production. Licensing arrangements may generate royalty income as these technologies are adopted by partners and licensees across North America, Europe, and Asia.
4. Government Funding and Grants: HPQ receives non-dilutive government funding for technology development. Received up to $3 million in federal funding from the Government of Canada for silicon-based battery material scale-up. Novacium received €90,000 grant for engineered SIOx anode battery material work.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels7 records

Core offering

HPQ Silicon is an advanced materials engineering company developing and commercializing three proprietary technology platforms: (1) a Fumed Silica Reactor (FSR) using a plasma-based single-step process to convert quartz directly into commercial-grade fumed silica; (2) engineered silicon-based anode materials (GEN3 and GEN4) integrated into commercially certified HPQ ENDURA+ lithium-ion battery cells in 18650 and 21700 cylindrical formats; and (3) the METAGENE autonomous hydrogen production platform, which combines hydrolysis of proprietary silicon-based alloy with waste-to-energy processing of black aluminum dross. The company holds exclusive North American commercialization rights to these technologies via its 36.8% equity stake in Novacium SAS and a joint venture with PyroGenesis.

Product overview

HPQ Silicon is a Quebec-based advanced materials technology company developing three distinct technology platforms: (1) Silicon Battery Materials producing engineered silicon-based anode materials powering HPQ ENDURA+ 18650 and 21700 lithium-ion cells using GEN3 and GEN4 technology; (2) Fumed Silica Reactor - a proprietary plasma-based single-step process producing commercial-grade fumed silica directly from quartz; and (3) Autonomous Hydrogen Production (METAGENE) and Waste-to-Energy (W2E) systems for decentralized hydrogen generation and industrial waste conversion. The company operates through strategic partnerships, primarily with Novacium SAS (36.8% owned) for battery and hydrogen technologies, and PyroGenesis for fumed silica production.

Differentiator

Problem solved

Functional benefit

Brands

• ENDURA+: Silicon-based lithium-ion battery cells in 18650 (4,000 mAh) and 21700 (6,000 mAh) formats, featuring GEN3 and GEN4 silicon anode materials with commercial certifications (IEC 62133, UL 1642, UN 38.3).
• METAGENE™
• FSR (Fumed Silica Reactor)

Products and services

• HPQ ENDURA+ Battery Cells Commercially certified lithium-ion battery cells in 18650 (4,000 mAh) and 21700 (6,000 mAh) formats featuring Novacium's silicon-based anode materials. Cells carry IEC 62133, UL 1642, and UN 38.3 certifications, targeting industrial OEMs and integrators in drones, consumer electronics, mobility, and professional equipment.
• GEN4 Silicon Anode Material Advanced silicon anode material achieving 319.9 Wh/kg energy density with capacities exceeding 6,600 mAh in 21700 format, representing a 9% improvement over GEN3 and a 45% increase over traditional graphite cells. Extended testing demonstrated up to 7,030 mAh at 330.9 Wh/kg with over 96% capacity retention after 100 deep-discharge cycles.
• Fumed Silica Reactor (FSR) Proprietary plasma-based, single-step process producing commercial-grade fumed silica directly from quartz. Eliminates intermediate silicon metal and silicon tetrachloride production stages, reducing capital intensity, energy consumption, and CO2 emissions by over 50% compared to legacy multi-step processes. Commercial-scale 1,000 TPY plant under development with PyroGenesis.
• METAGENE Autonomous Hydrogen Production Autonomous hydrogen generation platform producing hydrogen on demand through controlled hydrolysis of proprietary silicon-based alloy, eliminating reliance on external power sources and traditional hydrogen infrastructure. Modular design supports 10-25 reactor units per containerized system for deployment in off-grid and fleet applications.
• Waste-to-Energy (W2E) Black Aluminum Dross Processing Additive-based process converting black aluminum dross (BAD), a toxic byproduct of aluminum recycling, into hydrogen and reusable industrial byproducts. Addresses both environmental liability and economic inefficiency in secondary aluminum production with estimated savings of €900-€1,500 per tonne processed.

Quantifiable outcome

• Fumed silica production reduces CO2 emissions by over 50% compared to conventional production
• +7 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered flagship, core and minor.

• LN Innov'flagshipStrategic or Co-development Partner · 16 June 2026HPQ signed non-binding LOI with LN Innov' and Novacium on June 16, 2026 at Eurosatory exhibition in Paris to evaluate developing a Canadian-based electric propulsion platform for North American drone, robotics, and defense markets. HPQ has direct exposure through its 36.8% equity in Novacium. LN Innov' has over 20 testing customers and more than a dozen commercial orders for its electric motors, scaling to 20,000 drone motors per month in France by Q3 2026.
• Groupe ZekatcoreTechnology or Integration · 4 June 2026Groupe Zekat partnered with Novacium and LN Innov' to showcase an Integrated Drone Propulsion System (IDPS) at Eurosatory 2026. Groupe Zekat contributes intelligent electronic speed controllers as part of the complete European drone powertrain solution combining Novacium's silicon-enhanced batteries, LN Innov' motors, and Groupe Zeket's ESCs.
• GH Technologies Co., Ltd.flagshipChannel Partner/ Reseller/ Distributor · 15 May 2026Novacium signed non-binding, non-exclusive LOI with GH Technologies on May 15, 2026 at CIBF 2026 for supply of GEN4 lithium-ion cells (18650 and 21700 formats) and batteries across Asia-Pacific markets over a 36-month commercial prospecting framework. Asia-Pacific accounts for approximately 57-60% of global cylindrical lithium-ion demand. LOI follows extensive evaluation of Novacium GEN4 cells including capacity exceeding 6,600 mAh and international certifications.
• Novacium SAScoreStrategic or Co-development Partner · 24 February 2026HPQ holds 36.8% equity stake in Novacium SAS (increased from 28.4% following TSX Venture Exchange approval on February 24, 2026). Novacium develops GEN4 silicon anode materials, HPQ ENDURA+ battery cells, and METAGENE hydrogen production technology. HPQ has exclusive North American commercialization rights to Novacium's technologies across Canada, United States, and Mexico. The governance restructuring converts HPQ's special priority shares into common shares, simplifying decision-making and facilitating Novacium's access to European financing programs.
• PyroGenesis Canada Inc.coreTechnology or Integration · 12 February 2026PyroGenesis provides technical support for HPQ's fumed silica and silicon material production technologies. A non-binding MOU was signed toward forming a joint venture for a 1,000-tonne-per-year commercial-scale fumed silica production plant, with PyroGenesis building the reactor for US$20 million. PyroGenesis holds option for 50% stake in HPQ Silica Polvere Inc. and has completed delivery of a 4.5 MW plasma torch to a U.S. aeronautics and defense client.
• AD-VENTAcoreStrategic or Co-development Partner · 4 December 2025HPQ, Novacium, and AD-VENTA signed industrial cooperation agreement to accelerate METAGENE hydrogen production technology scale-up. The partnership integrates Novacium's hydrogen-generation reactor into AD-VENTA's existing high-pressure hydrogen dispensing station in France, increasing capacity from 1-10 kg/day to up to 20 kg/day. Work began September 2025 with pilot phase planned for 2026. Targets hydrogen-vehicle fleets, inspection drones, and autonomous off-grid power stations.
• Pragma IndustriesminorStrategic or Co-development Partner · 10 June 2025HPQ, Novacium, and Pragma Industries signed agreement for commercial and industrial green hydrogen production using METAGENE technology. Pragma Industries is a French company engaged in hydrogen applications, contributing to the development of hydrogen-powered solutions leveraging Novacium's autonomous hydrogen generation technology.
• GLD AlloysminorStrategic or Co-development Partner · 16 April 2025HPQ and Novacium signed MOU with GLD Alloys to produce green hydrogen with METAGENE technology. GLD Alloys partnership supports the waste-to-energy initiative and autonomous hydrogen production from aluminum byproducts.
• Industrial Company in Northern GermanyminorStrategic or Co-development Partner · 10 December 2024HPQ signed MOU with a company in Northern Germany to explore strategic collaboration in the advanced materials sector, supporting HPQ's European market expansion efforts.
• Evonik CorporationminorStrategic or Co-development Partner · 9 July 2024HPQ Silica Polvere signed Letter of Intent with Evonik Corporation in July 2024 to explore potential collaboration on fumed silica production and distribution. Evonik is a leading global specialty chemicals company and a major producer of fumed silica.
• Impact Funding EuropeminorGTM or Marketing Partner · 8 May 2024HPQ signed MOU with Impact Funding Europe for collaboration on EU funding programs, supporting HPQ's access to European financing programs and strategic partnerships in the EU market.

Scale indicators28 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Plug Power: Plug Power is a leading hydrogen production and fuel cell systems provider addressing similar decentralized hydrogen applications, comparable to HPQ's METAGENE autonomous hydrogen production platform.
• Amprius Technologies: Amprius manufactures silicon anode lithium-ion batteries with significantly higher energy density than graphite cells, directly competing with HPQ ENDURA+ and GEN4 silicon anode technology in similar cylindrical formats.
• Sila Nanotechnologies: Sila develops silicon-based anode materials for lithium-ion batteries that improve energy density, comparable to HPQ's GEN4 silicon anode technology with major OEM partnerships and automotive focus.
• Group14 Technologies: Group14 produces silicon battery anode materials (SCC55) for automotive and consumer electronics, targeting similar high-energy-density lithium-ion applications as HPQ's GEN4 platform.
• Enovix Corporation: Enovix develops advanced lithium-ion batteries with high energy density using 3D cell architecture, addressing similar end-markets as HPQ ENDURA+ cells including consumer electronics and mobility.
• Nel ASA: Nel ASA manufactures hydrogen production equipment (electrolyzers) for industrial and mobility applications, a comparable peer in the broader hydrogen ecosystem where HPQ's METAGENE targets on-demand decentralized generation.

Broad incumbents

• Evonik Industries: Evonik is a global specialty chemicals giant and one of the world's leading producers of fumed silica (AEROSIL), directly comparable to HPQ's Fumed Silica Reactor offering and a potential offtake partner per the July 2024 LOI.
• Cabot Corporation: Cabot Corporation is a major global producer of fumed silica (CAB-O-SIL) and specialty chemicals, competing directly with HPQ in the industrial fumed silica market alongside Evonik and Wacker.
• Wacker Chemie: Wacker Chemie is a leading global manufacturer of fumed silica (HDK) and silicon products, the largest incumbent in the same industrial markets HPQ's Fumed Silica Reactor targets.

Regional players

• PyroGenesis Canada: PyroGenesis is HPQ's joint venture partner for the 1,000 TPY commercial fumed silica plant and has option for 50% stake in HPQ Silica Polvere Inc.; also operates in adjacent plasma-based advanced materials technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/HPQ_Silicon
• YouTubeyoutube.com/@hpqsilicon
• Facebookfacebook.com/hpqsilicon
• LinkedInlinkedin.com/company/hpq-silicon-resources-inc.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors1 record

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

M&A

Investments3 records

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

Frequently asked questions about HPQ-Silicon