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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
Core Insights - HP Inc. has announced a definitive agreement to acquire key AI capabilities from Humane, including their AI-powered platform Cosmos, technical talent, and intellectual property with over 300 patents and applications, marking a significant step in HP's transformation into a more experience-led company [1][2] Group 1: Acquisition Details - The acquisition is valued at $116 million and is expected to close at the end of February 2025 [4] - The deal will enhance HP's ability to develop devices that integrate AI requests both locally and in the cloud, creating an intelligent ecosystem across HP's product range [2] Group 2: Strategic Implications - The acquisition will bring a skilled team from Humane to HP's Technology and Innovation Organization, forming HP IQ, a new AI innovation lab focused on future work solutions [2][3] - HP aims to redefine workforce productivity by leveraging Humane's design-led approach and engineering expertise, combined with HP's scale and operational excellence [3]
Real Madrid Foundation and HP join forces to empower communities with digital skills and sport for good initiatives
Newsfilter· 2025-02-12 14:00
Core Insights - The Real Madrid Foundation has announced a strategic collaboration with HP Inc. to promote digital skills and sports for disconnected communities [1][2] - This partnership is part of a global technology sponsorship agreement with Real Madrid C. F. established in February 2024 [1] - The collaboration aims to empower vulnerable communities through access to sports and technological education, emphasizing values such as effort, overcoming challenges, and teamwork [2][3] Company Initiatives - HP will support socio-sports programs in Spain and Indonesia, providing technology and digital solutions, including the HP Foundation's free business skills platform, HP LIFE [2][3] - Specific programs include a sports-based initiative for homeless individuals in Madrid and the Harapan Project in Indonesia, which focuses on improving education for children aged 9 to 17 [6] Organizational Background - The Real Madrid Foundation, established in 1997, promotes the values of sport as an educational and social inclusion tool, aiming for the comprehensive development of children and young people [4] - The Foundation operates in over 100 countries, guided by values such as self-esteem, autonomy, teamwork, equality, motivation, respect, and health [5] Technology and Social Impact - HP Inc. aims to close the digital divide for adolescents and adults, providing critical skills needed for participation in a digital economy [3] - The partnership exemplifies the power of teamwork and the impact of combining technology with sports for social good [3]
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
Group 1: Company Performance - HP closed at $32.57, with a daily gain of +1.75%, outperforming the S&P 500's gain of 0.39% [1] - Over the past month, HP shares have decreased by 4.93%, while the Computer and Technology sector gained 0.04% and the S&P 500 gained 1.7% [1] Group 2: Upcoming Earnings - HP's earnings report is scheduled for February 27, 2025, with an expected EPS of $0.74, reflecting an 8.64% decline year-over-year [2] - Revenue is forecasted to be $13.48 billion, indicating a 2.25% growth compared to the same quarter last year [2] Group 3: Full-Year Estimates - Zacks Consensus Estimates predict HP will achieve earnings of $3.56 per share and revenue of $55.11 billion, representing year-over-year changes of +5.33% and +2.89% respectively [3] Group 4: Analyst Estimates and Rankings - Changes in analyst estimates are crucial for understanding near-term business trends, with positive revisions indicating optimism about HP's profitability [3][4] - HP currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [5] Group 5: Valuation Metrics - HP has a Forward P/E ratio of 9, which is lower than the industry's average Forward P/E of 12.02, indicating a valuation discount [6] - The company has a PEG ratio of 2.73, compared to the industry average PEG ratio of 1.56 [7] Group 6: Industry Context - The Computer - Micro Computers industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Novacium’s Silicon-Anode Batteries Achieve 900+ Cycle Efficiency, Outperforming Leading 18650 Cells
Globenewswire· 2025-02-05 12:39
Core Insights - HPQ Silicon Inc. has reported exceptional battery performance results from its partner, NOVACIUM SAS, particularly focusing on the GEN3 silicon-based anode materials used in 18650 batteries [1][2]. Battery Performance - At 900 cycles, the GEN3 silicon-based anode batteries deliver over 3,100 milliampere-hours (mAh) of capacity, retaining more than 80% of their initial capacity [2][9]. - In comparison, benchmark batteries made with high-grade artificial graphite provide about 2,400 Ampere-Hours (Ah) cumulative energy, while the GEN3 batteries achieve approximately 3,200 Ah, indicating a cumulative energy gain of over 30% [2][8]. Material Development - The results confirm NOVACIUM's capability to produce advanced silicon-based materials that integrate well with commercial battery formats, enhancing capacity and durability [3][9]. - The GEN3 batteries exhibit an average capacity of about 3,200 mAh, surpassing the graphite benchmark's 2,604 mAh by 21% [6][9]. Market Potential - The global graphite market is projected to grow from approximately 700,000 tonnes in 2021 to 4.5 million tonnes by 2030, creating an addressable market of 450,000 to 675,000 tonnes for silicon-based materials, valued between US$22.5 billion and US$33.8 billion [11][12]. - HPQ's strategy focuses on producing silicon-based materials for the 3C markets, currently valued at US$12 billion and expected to grow to US$38.3 billion by 2030 [12]. Future Developments - The next step involves establishing a pilot plant for manufacturing silicon-based materials, either independently or through partnerships with industrial players [13].
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]