Novacium's batteries exceed 1,000 cycles, outperforming graphite

financialpost.com

HPQ Silicon Inc. has announced impressive results for its Novacium GEN3 silicon-anode batteries. These batteries have demonstrated the ability to retain over 3,000 milliampere-hours (mAh) even after 1,000 cycles of use. After this milestone, they maintain about 80% of their original capacity, which is 18% more than traditional graphite batteries. The data indicates that Novacium's GEN3 batteries provide a significant energy advantage. They delivered around 3,500 Ampere-hours (Ah) over 1,000 cycles, compared to about 2,700 Ah from standard graphite batteries. This means a total energy output increase of more than 30%. The improved performance is attributed to a more stable degradation profile, which helps predict battery life more accurately. Currently, about 95% of lithium-ion battery anode materials are made of graphite. HPQ plans to replace up to 10% of this material with its silicon-based option without major manufacturing changes. The global graphite market is expected to grow significantly, and HPQ aims to capture 5% to 10% of this market with its innovative approach. In addition to the battery news, HPQ Silicon has also acquired rights for a new one-step manufacturing process to create essential materials for next-generation lithium-ion battery cathodes. The deal included issuing shares valued at $276,000, subject to regulatory approvals. HPQ Silicon and its affiliate, Novacium, are focusing on advancements in battery technology as part of their commitment to renewable energy. They are based in Montreal and Lyon, France, and are backed by leading research engineers in the field.


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