The aim of this multi-party commitment is to initiate discussions exploring the potential cooperation for integrating Novacium's new hydrogen production system (refer to the press release of
Within the
HARNESSING HYDROGEN POTENTIAL WHILE ELIMINATING LIMITING FACTORS
Unlike traditional electrolysis-based hydrogen production systems, Novacium's process operates without the need for electricity, extensive storage, and complex transportation infrastructure, offering a truly autonomous solution. Furthermore, the hydrogen produced by the chemical process directly reaches industry-standard pressure levels, typically ranging from 200 to 1,000 bars.
“This innovative approach aims to unlock the hydrogen stored in water using eco-friendly and low-cost alloys, providing an alternative, safe, and efficient means of hydrogen production,” said Mr.
The dual-application process, designed for military and civilian uses, addresses potential clients, like
“The signing of this multi-party commitment with the
"Hydrogen: an opportunity for
About NOVACIUM SAS
Novacium is green technology startup based in
About LN INNOV' SAS
LN INNOV’ is a French networking company with a strong presence in various sectors, including Defense. As part of her consulting activities, LN INNOV' has developed an expertise in supporting companies and connecting them with defence manufacturers with regard to energy projects. LN INNOV' seeks to facilitate access to innovative energy projects, such as the one proposed by Novacium and HPQ, among key industry players in their network in order to accelerate the transition of innovative projects from the research and development phase to commercialization.
About
HPQ is developing, with the support of world-class technology partners PyroGenesis Canada Inc. and NOVACIUM SAS, new green processes crucial to make the critical materials needed to reach net zero emissions.
HPQ activities are centred around the following four (4) pillars:
1) | Becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the FUMED SILICA REACTOR, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis. | |
2) | Becoming a zero CO2 low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using our PUREVAPTM “Quartz Reduction Reactors” (QRR), a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis. | |
3) | Becoming a producer of silicon-based anode materials for battery applications with the assistance of NOVACIUM SAS. | |
4) |
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Disclaimers:
This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's ongoing filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the
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Email: Info@hpqsilicon.com
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