Strategic Collaboration with French Army - Novacium SAS, a subsidiary of HPQ Silicon Inc, has entered into a strategic collaboration with the French Army's Technical Section (STAT) to develop high-capacity batteries using silicon-based materials [1][2] - The collaboration aims to create prototypes of ultra-high-capacity batteries for military applications such as surveillance systems, electronic sights, anti-drone systems, telecommunications, and autonomous vehicles [2] - The new batteries will utilize Novacium's advanced silicon-based anode material, which increases capacity by over 30% and extends battery range by a similar margin [3] Technological Advancements and Military Benefits - The increased battery capacity addresses challenges faced by the French and Western armed forces by reducing the frequency of charging and the number of batteries soldiers need to carry, thereby improving mobility and mission effectiveness [4] - Novacium's GEN3 or potentially GEN4 cells are currently in production, with delivery to STAT expected before the end of Q1 2025, followed by extensive testing by the Armed Forces [5] Commercialization and Industry Positioning - The collaboration with STAT is seen as a significant step toward the commercialization of Novacium's silicon-based anode materials, aligning with the growing demand for higher-capacity Li-Ion batteries [6] - HPQ Silicon Inc and Novacium SAS aim to position themselves as leaders in next-generation energy solutions, meeting industry performance and sustainability goals [6] Patent Acquisition and Ownership - HPQ Silicon Inc has acquired full ownership of the patent for the High-Throughput Fabrication of Silicon-Based Anode Materials, including all intellectual property and priority rights, with no royalties or obligations [7][8] - The acquisition was completed in exchange for the issuance of 1,009,343 units, each consisting of one common share and one-half warrant, with a total value of $260,000 [9] - The shares issued are subject to a mandatory hold period of four months and one day, and the transaction is pending regulatory approvals [10] Company Overview - Novacium SAS, a green technology startup based in Lyon, France, was established in Q3 2022 as a partnership between HPQ Silicon Inc and three leading French research engineers [12] - HPQ Silicon Inc is a Quebec-based company focused on developing green processes for critical materials needed to achieve net-zero emissions, with activities centered around four key pillars [13]

In the latest market close, HP (HPQ) reached $33.45, with a -0.65% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq decreased by 0.06%.Coming into today, shares of the personal computer and printer maker had lost 3.63% in the past month. In that same time, the Computer and Technology sector lost 0.17%, while the S&P 500 lost 2.8%.Analysts and investors alike w ...

Group 1: AI-Powered PCs - HP is focusing on AI-enhanced PCs, launching new models like the EliteBook Ultra G1i and X Flip G1i aimed at commercial customers, featuring premium hardware and advanced security [2] - The company sees a significant opportunity to differentiate its AI PC products from competitors, positioning itself as a leader in the AI PC market [3] - HP is exploring monetization strategies for its software-based AI features, potentially through subscription models, although the AI PC adoption curve is still in early stages [3] Group 2: Print Market Consolidation - HP is optimistic about the print market, especially following Xerox's acquisition of Lexmark, which it views as a necessary consolidation that will improve industry fundamentals [4] - Despite this optimism, aggregate print volumes are projected to decline in 2025 due to challenges in the value segment [4] Group 3: Business Outlook - The company anticipates a positive outlook with the Windows 10 end-of-life refresh cycle expected to gain momentum in late 2025, which could benefit its business segments [5] - Cost discipline and recurring revenue are central to HP's strategy to navigate competitive pressures and enhance margins [5] - Investors may find HP's strategies in AI and print compelling as the company aims to establish itself as a differentiated player in both markets [5]

News Highlights: OMEN AI introduces the world's first AI-driven 1-click performance optimization tool1OMEN MAX 16 delivers HP's most powerful gaming laptop ever, providing unparalleled performance and immersive experiencesOMEN 32x Smart Gaming Monitor is HP's first gaming monitor with built-in Google TV™2HyperX Pulsefire Saga mice family debut as a high-performance lineup with innovative shape modularity and customizable options LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Today at CES 2025, gamers can now ...

OMEN Gaming Ecosystem - OMEN MAX 16 Gaming Laptop is HP's most powerful gaming laptop, offering unparalleled performance and immersive experiences [2][7] - OMEN AI introduces the world's first AI-driven 1-click performance optimization tool, simplifying gaming performance optimization [2][5] - OMEN 32x Smart Gaming Monitor is HP's first gaming monitor with built-in Google TV™, enabling cloud and smart gaming experiences [2][10] HyperX Gaming Peripherals - HyperX Pulsefire Saga Gaming Mouse family debuts with innovative shape modularity and customizable options, offering up to 16 combinations for personalization [3][12] - HyperX Pulsefire Saga Pro Wireless Gaming Mouse features dual wireless capabilities and Instant Pair with select OMEN laptops, eliminating the need for a dongle [12][17] Performance and Customization - OMEN MAX 16 features up to an Intel® Core™ Ultra 9 processor or AMD Ryzen™ AI 9 Mobile Processors, and up to 64 GB of DDR5 RAM, enabling players to handle demanding games with ease [8] - OMEN AI Beta offers a personalized, one-click solution tailored to each game, recommending OS, hardware, and game settings based on each unique rig and game [5][6] - OMEN MAX 16 includes an optional front RGB light bar and a HyperX-inspired lattice-less, optional per-key RGB keyboard, both customizable via OMEN Light Studio [8] Connectivity and Thermal Management - OMEN MAX 16 features HP's first Ultra Low Latency Gen 3 technology, allowing gamers to connect up to three compatible HyperX devices simultaneously [9] - OMEN MAX 16 debuts OMEN Cryo Compound, a hybrid material that combines liquid metal and metal grease to improve heat dissipation and prevent leaks [8] Pricing and Availability - OMEN MAX 16 Gaming Laptop is expected to be available for a starting price of $1699.99 [21] - OMEN 32x Smart Gaming Monitor is expected to be available for a starting price of $749.99 [21] - HyperX Pulsefire Saga Pro Wireless Gaming Mouse is expected to be available for a starting price of $119.99 [21] - HyperX Pulsefire Saga Gaming Mouse is expected to be available for a starting price of $79.99 [21] Industry Insights - 75% of PC gamers are purchasing new devices for better performance and features, while more than half want customization options to represent their individuality [4] - 85% of gamers prioritize high FPS, highlighting the importance of performance optimization tools like OMEN AI [5]

HP EliteBook Ultra G1i Next-Gen AI PC HP EliteBook Ultra G1i Next-Gen AI PC HP ZBook Ultra 14-inch G1a World’s Most Powerful 14-inch Mobile Workstation HP Z Captis HP Z Captis, a CES 2025 Best of Innovation winner in Computer Peripherals & Accessories Enabling businesses to crush it like never before News Highlights: Modern leaders will make a powerful impression with a new class of PCs that unlock their full potential including the HP EliteBook Ultra G1i – the world’s most immersive AI business ...

MONTREAL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in the green engineering of silica and silicon-based materials, is pleased to inform shareholders that the Corporation’s Board of Directors has approved the settlement of outstanding debts totaling $4,941,440.16 owed to PyroGenesis Inc. (“PyroGenesis”), its technology supplier, thereby strengthening its balance sheet. The outstanding debt pertains to w ...

18650 batteries with GEN3 silicon-anode materials demonstrate a 30% cumulative energy return compared to graphite benchmark batteries during and up to the 650 cycle tests [1].The Gen3 batteries delivered 2,296 Ampere-Hour (Ah) of cumulative energy return, compared to graphite benchmark batteries that only deliver 1,766 Ah. MONTREAL, Dec. 18, 2024 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of silic ...

Cash and Debt Management - HP's cash and cash equivalents increased to $3.238 billion in 2024 from $3.107 billion in 2023[156] - Total debt rose to $9.669 billion in 2024 compared to $9.484 billion in 2023[156] - Short-term debt increased to $1.406 billion in 2024 from $230 million in 2023[166] - Long-term debt decreased to $8.263 billion in 2024 from $9.254 billion in 2023[166] - Weighted-average interest rate increased to 4.5% in 2024 from 4.2% in 2023[166] - Principal payments on debt total $9,717 million, with $1,406 million due in the short-term and $8,311 million in the long-term[171] - Interest payments on debt amount to $2,724 million, with $404 million due in the short-term and $2,320 million in the long-term[171] Operating Activities and Cash Flow - Net cash provided by operating activities increased to $3.749 billion in 2024 from $3.571 billion in 2023[156] - HP returned $3.2 billion to shareholders in 2024, including $2.1 billion in share repurchases and $1.1 billion in cash dividends[166] Working Capital Metrics - Days of sales outstanding (DSO) increased to 33 days in 2024 from 28 days in 2023[159] - Days of supply (DOS) rose to 63 days in 2024 from 57 days in 2023[159] - Days of purchases outstanding (DPO) increased to -138 days in 2024 from -117 days in 2023[159] Contractual and Other Obligations - Total contractual and other obligations as of October 31, 2024, amount to $15,199 million, with $3,232 million due in the short-term and $11,967 million in the long-term[171] - Purchase obligations total $1,366 million, with $896 million due in the short-term and $470 million in the long-term[171] - Operating lease obligations amount to $1,361 million, with $513 million due in the short-term and $848 million in the long-term[171] - Finance lease obligations total $31 million, with $13 million due in the short-term and $18 million in the long-term[171] Risk Management - A hypothetical 10% adverse movement in foreign currency exchange rates would result in a foreign exchange loss of $94 million as of October 31, 2024[177] - A hypothetical 10% adverse movement in interest rates would result in a loss in the fair values of debt and investments, net of interest rate swaps, of $164 million as of October 31, 2024[177] Pension and Tax Liabilities - The company expects to contribute approximately $36 million to non-U.S. pension plans, $30 million to U.S. non-qualified pension plans, and $4 million to post-retirement benefit plans in fiscal year 2025[172] - The company has approximately $1.0 billion of recorded liabilities including related interest and penalties pertaining to uncertain tax positions as of October 31, 2024[172]

PALO ALTO, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today released a new report highlighting the far-reaching cybersecurity implications of failing to secure devices at every stage of their lifecycle. The findings show that platform security – securing the hardware and firmware of PCs, laptops and printers – is often overlooked, weakening cybersecurity posture for years to come. The report, based on a global study of 800+ IT and security decision-makers (ITSDMs) and 6000+ work-from-anyw ...