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HPQ Silicon Producing First Samples On Nano Silicon Material Is A Milestone "Equivalent To First Successful Landing Of SpaceX Falcon Rocket"
HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing high value-added silicon products that are sought after by battery and electric vehicle manufacturers - but nobody has yet delivered - until now.
If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following:
Earlier today the Company took a major step forward when $HPQ announced it successfully produced the first batch samples of Nano Silicon Materials.
To understand the importance and the implications of this milestone, this excerpt from the press release says it all:
" The HPQ NANO team is now more confident than ever that the PUREVAPTM NSiR will be able to deliver, at scale, and on-demand, a nano silicon for anode production that will be cost competitive. The validation announced today .... was the big breakthrough we were looking for"
Peter Pascali, President and CEO of technology partner PyroGenesis added a little more excitement when he stated:
“Words cannot adequately describe the excitement at PyroGenesis at potentially being able to address and solve challenges in developing lithium-ion batteries, which are sought after by many industries but specifically the EV market."
Using an analogy to describe the importance of this milestone, $HPQ CEO Bernard Tourillon stated it was equivalent to the first SpaceX successful landing of its Falcon rocket. Specifically, though he was confident in their ability to produce Nano Silicon, actually producing it now removes all doubt and the Company can now focus on:
"... Subsequent batches will be delivered to the awaiting automobile manufacturers plus numerous other entities that have demonstrated an interest in receiving samples."
Watch this great interview with $HPQ CEO Bernard Tourillon to get the full picture on next steps!
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