HP(US:HPQ) Globenewswire·2025-03-19 11:30Core Insights - HPQ Silicon Inc. and its affiliate NOVACIUM SAS have achieved significant advancements in battery technology, particularly with the GEN3 silicon-based anode batteries, which maintain over 3,000 mAh capacity after 1,000 cycles, retaining approximately 80% of their original capacity, and outperforming traditional graphite batteries by 18% in capacity [2][7][10]. Battery Performance - The GEN3 batteries exhibit a slow and linear capacity decrease over their lifespan, contrasting with typical batteries that experience rapid capacity loss initially, allowing for better lifetime performance predictions and enhanced overall battery efficiency [3][4]. - At the 1,000-cycle mark, GEN3 batteries deliver around 3,500 Ampere-hours (Ah) compared to approximately 2,700 Ah from graphite-based batteries, indicating over a 30% increase in total energy output [8][9]. Market Position and Growth Potential - The global graphite market is projected to grow from approximately 5.7 million tonnes in 2025 to 11.1 million tonnes by 2030, creating an addressable market for silicon-based materials valued between US$27.5 billion and US$55.0 billion [13]. - HPQ and NOVACIUM's silicon-based materials can replace up to 10% of graphite in existing manufacturing processes without requiring costly retooling, positioning the company to capture 5% to 10% of the total graphite market [12]. Strategic Developments - The company has acquired full ownership of a provisional patent for a one-step manufacturing process for fumed alumina and fumed titanium, essential for next-generation lithium-ion battery cathodes, enhancing its technological capabilities [16][21]. - HPQ's strategy focuses on producing silicon-based materials for the rapidly growing 3C markets (Computer, Consumer, and Communication), projected to grow from a US$12 billion market today to US$38.3 billion by 2030 [15].