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HPQ Silicon Secures Patent for Key Lithium-ion Battery Cathode Material
GlobeNewswire· 2025-02-19 12:30
Core Viewpoint - HPQ Silicon Inc. has filed a provisional patent for a one-step manufacturing process that produces fumed alumina and fumed titanium, essential materials for next-generation lithium-ion battery cathodes, enhancing its position in battery material production [1][2][3]. Group 1: Patent and Technology - The new patent is based on HPQ Silica Polvere Inc. Fumed Silica Reactor technology, allowing for a cost-efficient, single-step alternative to traditional multi-step manufacturing methods [2][10]. - This innovation addresses scalability, environmental, and cost challenges in the fumed oxide materials market, positioning HPQ to meet future demand from the battery supply chain [2][11]. Group 2: Market Demand and Applications - The demand for advanced cathode and anode materials is increasing as battery manufacturers aim to improve energy density, cycle life, and cost efficiency [3][11]. - Fumed alumina, a market valued at US $1.6 billion in 2023, is projected to reach US $2.8 billion by 2031, while fumed titania, valued at US $1.2 billion in 2023, is expected to grow to US $1.8 billion by 2032 [5]. Group 3: Material Benefits - Fumed alumina enhances battery performance by acting as a protective coating for cathode materials, preventing degradation and extending battery lifespan [6]. - Fumed titania improves charge efficiency and conductivity, enabling faster charging speeds and longer battery longevity, which is crucial for electric vehicles and energy storage systems [7]. Group 4: Strategic Positioning - HPQ's expansion into cathode material production complements its existing silicon anode innovations, ensuring a comprehensive approach to next-generation battery technologies [4][11]. - The company's patented process provides an economically viable and energy-efficient method for producing fumed alumina and fumed titania at scale, making it an attractive solution for battery manufacturers globally [7][10].
Humane is shutting down service for a beleaguered AI pin after sale to HP. Some buyers won't get a refund.
Business Insider· 2025-02-19 03:54
HP is acquiring parts of Humane's business for $116 million.Humane said it was discontinuing its AI Pin "effective immediately."The company said the devices will stop connecting to their servers at the end of the month.AI startup Humane said on Tuesday that it was discontinuing its AI Pin and selling parts of its business to HP for $116 million. The transaction, which is expected to close at the end of February, will see HP acquire Humane's employees, software, patents, and patent applications, Humane said ...
HP Accelerates AI Software Investments to Transform the Future of Work
GlobeNewswire· 2025-02-18 22:05
PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) announced a definitive agreement to acquire key AI capabilities from Humane, including their AI-powered platform Cosmos, highly skilled technical talent, and intellectual property with more than 300 patents and patent applications. The acquisition advances HP’s transformation into a more experience-led company. "This investment will rapidly accelerate our ability to develop a new generation of devices that seamlessly orchestrate AI req ...
Real Madrid Foundation and HP join forces to empower communities with digital skills and sport for good initiatives
Newsfilter· 2025-02-12 14:00
MADRID, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Today, The Real Madrid Foundation announced a strategic collaboration with HP Inc. to promote digital skills and sports for disconnected communities during a joint signing ceremony at Ciudad Real Madrid. This collaboration will harness the unique capabilities of both organizations to leverage the ways in which technology as well as sport for good can empower individuals and prepare them for the future of work. The multi-year partnership is a component of the global ...
HP Inc. Names Songyee Yoon to Board of Directors
GlobeNewswire· 2025-02-06 22:15
PALO ALTO, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced the appointment of Songyee Yoon to its Board of Directors. Songyee is the Founder and Managing Partner of Principal Venture Partners and former President for NCSoft Corporation, a leading gaming developer. Her appointment is effective immediately. "We’re thrilled to welcome Songyee to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "Songyee brings expertise in international business and a deep unders ...
HPQ Silicon Increases Equity Stake in Novacium SAS
GlobeNewswire· 2025-02-06 20:36
MONTREAL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of processes is pleased to inform shareholders that it is increasing its equity position in its France-based partner, NOVACIUM SAS ("Novacium"), from 20% to 28.4%. HPQ will increase its stake under the terms of an arm’s length agreement signed on February 6, 2025, with Novacium other shareholders whereby its stake will increase by ...
Why HP (HPQ) Outpaced the Stock Market Today
ZACKS· 2025-02-06 00:06
HP (HPQ) closed the most recent trading day at $32.57, moving +1.75% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.39%. Elsewhere, the Dow saw an upswing of 0.71%, while the tech-heavy Nasdaq appreciated by 0.2%.Coming into today, shares of the personal computer and printer maker had lost 4.93% in the past month. In that same time, the Computer and Technology sector gained 0.04%, while the S&P 500 gained 1.7%.Investors will be eagerly watching for the ...
Novacium’s Silicon-Anode Batteries Achieve 900+ Cycle Efficiency, Outperforming Leading 18650 Cells
GlobeNewswire· 2025-02-05 12:39
MONTREAL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of silica- and silicon-based materials is pleased to update shareholders on the latest exceptional battery results from its France-based partner, NOVACIUM SAS (Novacium). The following summarizes our test results at 900 cycles on 18650 batteries: GEN3 silicon-anode material batteries demonstrate exceptional capacity and durability ...
Updated Time: HP Inc. to Announce First Quarter Fiscal 2025 Earnings on Feb 27, 2025
GlobeNewswire· 2025-02-04 21:35
Core Viewpoint - HP Inc. will hold a live audio webcast to discuss its financial results for the first fiscal quarter ending January 31, 2025, scheduled for February 27, 2025 [1]. Company Overview - HP Inc. is a global technology leader operating in over 170 countries, providing a variety of innovative and sustainable devices, services, and subscriptions across personal computing, printing, 3D printing, hybrid work, and gaming [2].
HP Inc. to Announce First Quarter Fiscal 2025 Earnings on Feb 27, 2025
GlobeNewswire· 2025-02-03 21:15
Group 1 - HP Inc. will hold a live audio webcast to review its financial results for the first fiscal quarter ending January 31, 2025, on February 27, 2025, at 5:00 p.m. ET / 2:00 p.m. PT [1] - The webcast will be accessible on HP's investor relations website and a replay will be available shortly after the call for approximately one year [1] Group 2 - HP Inc. is a global technology leader operating in over 170 countries, providing a variety of innovative and sustainable devices, services, and subscriptions [2] - The company's offerings include personal computing, printing, 3D printing, hybrid work solutions, and gaming [2]