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HPQ Silicon’s “We Have Products” Moment: Building the Team to Bring Them to Market

Posted by Alavaro Coronel at 9:27 PM on Monday, July 13th, 2026

HPQ Silicon and its French affiliate Novacium have spent years developing advanced silicon based anode materials and next generation energy technologies. According to CEO Bernard Tourillon, multiple parties are now testing Novacium’s batteries, with preliminary data replicating results previously produced by the company. That technical progress is now being matched by a commercial expansion. HPQ and Novacium have partnered with Offset Links, an industrial and defence business development consultancy led by Jean Deschamps and Matthieu Deschamps, while appointing Jean-Louis Florentin, a former French Special Forces operator, to lead defence business development. The message from management is clear: HPQ believes it has products ready to be presented and is now building the team required to identify opportunities and advance discussions with prospective industrial and defence stakeholders.

WHAT YOU NEED TO KNOW

Federal Support: HPQ secured up to $3 million from Natural Resources Canada in September 2025 to support the development of its first 50 tonne per year continuous silicon based anode material production system.

Commercial Leadership Expansion: HPQ and Novacium have partnered with Offset Links to identify prospective opportunities, facilitate introductions and support international business development discussions. Initial areas of focus are expected to include Australia and markets across the Middle East and North Africa.

Performance Based Alignment: Tourillon said the business development professionals are working on a success based model rather than traditional salaried arrangements. Under the formal Offset Links agreement, compensation, if any, will be determined separately for each approved business development assignment.

Battery Testing: Tourillon said multiple parties are testing Novacium’s batteries and that preliminary data from those tests is replicating results previously produced by the company.

Defence Experience Added: Jean-Louis Florentin will lead defence sector business development following a 15 year operational career in the French Special Forces. His experience includes working with defence contractors, military stakeholders and organizations such as Nexter, the French Army Technical Section and the Integrated Structure for the Operational Maintenance of Land Equipment.

International Reach: Jean Deschamps brings decades of experience across industry, infrastructure and defence, including more than 19 years advising the British Ministry of Defence on industrial offset programmes in Saudi Arabia. Matthieu Deschamps brings more than 20 years of experience in international business development, commercial negotiations, strategic growth and partnership development.

STRATEGIC IMPLICATIONS

Advanced technology does not sell itself. Industrial and defence customers need to understand how a product fits into their systems, what operational problem it addresses and what additional testing or development may be required before adoption. HPQ and Novacium are now building the commercial organization intended to help bridge that gap.

Offset Links will support international business development by identifying prospective opportunities, facilitating introductions and advancing discussions with potential industrial and institutional stakeholders. Its initial areas of focus are expected to include Australia and the MENA region, expanding HPQ’s and Novacium’s ability to pursue opportunities beyond France.

Florentin adds direct defence experience through his 15 year career in the French Special Forces and his work with technical teams, procurement organizations and military end users. His understanding of operational requirements and defence procurement is expected to support potential energy applications involving drones, embedded electronics and next generation autonomous systems.

Today’s announcement confirms that HPQ and Novacium are adding professionals with experience in international business development, strategic partnerships and defence procurement. This allows Novacium’s scientists and engineers to remain focused on research, testing and product development while the expanded commercial team advances market engagement.

Tourillon described the announcement as a transition from technology development toward increased commercial activity. In his words, the reason for making that transition now is simple: “We have products.”

CEO Bernard Tourillon, edited for clarity and length:

“We validated the technology. The technologies do work. We’re ready to go, and we now need the sales team to represent that because we can’t do everything. We have multiple people testing our batteries, and the preliminary data coming back from them is that they’re replicating what we have done. We’ve reached the point where we need people with the expertise, the contacts and the field knowledge to take this prime time.”

INVESTOR TAKEAWAY

HPQ Silicon and Novacium are building a dedicated business development platform around technologies that have largely been advanced by scientists, engineers and company executives. Offset Links brings decades of international industrial and defence experience, along with access to prospective stakeholders in markets including Australia and the MENA region. Jean-Louis Florentin adds 15 years of French Special Forces experience and direct knowledge of defence procurement, military requirements and operational environments.

These appointments do not represent signed customer contracts, confirmed procurement orders or guaranteed revenue. They represent the commercial infrastructure HPQ believes it now needs to turn technical progress into structured industrial and defence discussions.

HPQ enters this stage with federal support of up to $3 million for its planned 50 tonne per year silicon based anode material production system, Gen3 and Gen4 materials under development and multiple parties currently testing its battery technology. According to Tourillon, preliminary results from those tests are replicating results previously produced by Novacium, while some prospective parties are beginning to ask questions about potential production capacity.

The next step is execution. Offset Links and Florentin must identify the right opportunities, make the right introductions and help align the technologies with specific industrial and defence requirements.

There is no guarantee those efforts will result in completed business. However, management believes HPQ and Novacium have reached the point where their product portfolio is ready to be presented by professionals with the experience, relationships and market knowledge required to advance those discussions.

For shareholders, that is the significance of today’s announcement. HPQ is no longer building only the technology. It is building the team intended to bring it to market.

HPQ Silicon’s Fumed Silica Reactor: From Pilot Validation To A Bigger Commercial Opportunity

Posted by Alavaro Coronel at 9:11 AM on Thursday, July 9th, 2026

For more than 80 years, the fumed silica industry has relied on conventional production methods built around silicon tetrachloride. HPQ Silicon believes its Fumed Silica Reactor offers a different route: producing commercial-grade fumed silica directly from quartz.

That is why Bernard Tourillon’s latest interview matters. HPQ’s July 8, 2026 press release confirmed that the pilot program achieved its two principal objectives: reliably producing commercial-grade fumed silica directly from quartz and generating the engineering and operating data required to support the design, costing and economic evaluation of future commercial production facilities.

But the interview added the bigger investor context: pilot success did not narrow HPQ’s path. It expanded the commercial conversation.

WHAT YOU NEED TO KNOW

Pilot Validated: HPQ says the pilot program demonstrated that the FSR can produce commercial-grade fumed silica directly from quartz, including pilot-scale production of commercial-grade “150” fumed silica.

Engineering Confidence: PyroGenesis completed a detailed engineering review of pilot operating data, which HPQ says strengthened confidence in projected operating parameters and commercial-scale economics.

Commercial Discussions Expanded: HPQ had previously announced a non-binding MOU for a proposed 1,000 tonne-per-year commercial plant, but Bernard said the opportunity has now become broader than that original framework, with discussions involving new groups, old groups and parties that were already under NDA.

Evonik Question Addressed: Bernard addressed investor questions directly, saying they remain involved, communications have not stopped and the company had asked HPQ to be more discreet in how often its name was used publicly.

Multiple Deployment Paths: HPQ’s strategy includes joint ventures, licensing opportunities, royalty-based production partnerships and company-owned production facilities where appropriate.

PyroGenesis Transaction Advancing: HPQ and PyroGenesis remain in the final stages of completing the previously announced transaction under which PyroGenesis would acquire a 50% ownership interest in HPQ Silica Polvere while remaining the exclusive equipment supplier for commercialization.

STRATEGIC IMPLICATIONS

The interview clarified why HPQ’s original timeline around the non-binding MOU shifted. Bernard did not frame the delay as a lack of interest. He framed it as the result of a broader opportunity set that requires more commercial, legal and technical work before HPQ commits to a structure.

That distinction matters. HPQ had previously anticipated completing negotiations related to the initial non-binding MOU by the end of the second quarter of 2026. Since then, according to the company, successful pilot completion, independent validation and greater confidence from the engineering review have expanded the market opportunities and strategic partnerships being evaluated.

Bernard’s key message was that HPQ now has a better understanding of what the technology could look like at scale, including cost structure and potential price points. That has given the company more confidence to re-engage with existing parties, speak with new potential industrial participants and evaluate multiple possible commercial structures.

He also explained why fumed silica commercialization requires a more deliberate process than HPQ’s battery materials business. Fumed silica is an industrial material used in large-volume markets, which means potential partners need to understand scale, logistics, packaging, sales channels, financing and long-term supply before committing.

On PyroGenesis, Bernard said the commercial arrangement is clear: PyroGenesis gives up its lifetime royalty in exchange for 50% ownership of HPQ Silica Polvere. The remaining work is largely tied to legal, accounting and shareholder agreement matters. He also said a future spinout remains possible, but would be a joint discussion between the owners once the transaction is completed.

CEO Bernard Tourillon:

“The pilot program has demonstrated that our Fumed Silica Reactor can produce commercial-grade fumed silica directly from quartz and generated the engineering data required to evaluate multiple commercial pathways with significantly greater confidence. The pilot program has transformed the FSR from an engineering development project into a scalable industrial platform supported by independent validation, strengthened engineering confidence, and growing interest from potential industrial participants. Our focus is selecting the optimal deployment strategy while positioning the FSR as a scalable platform capable of serving multiple industrial markets and creating sustainable long-term shareholder value.”

INVESTOR TAKEAWAY

HPQ Silicon’s fumed silica story is no longer just about proving that the FSR can make commercial-grade material. According to the company’s July 8 update, the pilot program demonstrated commercial-grade fumed silica production directly from quartz and produced the engineering data needed to evaluate future commercial deployment.

The interview added the context investors needed. Bernard explained that the opportunity has expanded beyond the original non-binding MOU because HPQ now has more pilot-scale data, greater confidence in cost structure and a broader view of where the technology may fit commercially. He also made clear that discussions remain active with multiple parties, including Evonik, the original LOI party, while HPQ evaluates which business structure best protects long-term shareholder value.

The most important point is that HPQ has not announced a definitive commercial project. Management is still negotiating, evaluating structures and completing the technical, commercial and legal work required to move forward. The company also cautioned that there can be no assurance that definitive agreements will be executed or that any proposed commercial project will ultimately proceed.

For investors, the story has shifted from “does it work?” to “what is the right deal?” With pilot validation complete, engineering confidence strengthened and strategic discussions expanded, HPQ is now focused on selecting the deployment path it believes can maximize the long-term value of the FSR technology.

Nextech3D.ai’s AI Inflection Moment: 207% Q4 Revenue Growth With 91% Gross Margins

Posted by Alavaro Coronel at 9:51 AM on Friday, June 26th, 2026

What if a small-cap AI company reported 207% year-over-year Q4 revenue growth, approximately doubled revenue sequentially in a single quarter, operated at 91.3% gross margin, increased gross profit by 263%, and cut operating losses by 96% at the same time?

That is exactly what Nextech3D.ai just delivered in its audited Q4 and full-year fiscal 2026 results released June 25, 2026. The company posted Q4 FY2026 revenue of $939,000, up from $306,000 in Q4 FY2025 and up from $468,000 in Q3 FY2026, representing 207% year-over-year Q4 revenue growth and approximately 101% sequential growth.

The company, an AI-first event technology platform serving what management describes as a trillion-dollar-plus global industry, is entering a new stage of its business model transition. After restructuring, acquisitions and platform integration, Nextech3D.ai is now focused on a software-first, AI-supported event technology model designed to improve margins, reduce costs and scale more efficiently.

This is not just a revenue story. It is the combination that matters: triple-digit Q4 revenue growth, 90%+ gross margins, gross profit up 263%, cost of sales reduced by 85%, operating losses down 96%, and no equity financing in more than two years. The question now is whether this marks the beginning of sustained AI-driven growth, or simply the first visible proof point of a business model that management believes is only starting to scale.

WHAT YOU NEED TO KNOW

207% YoY, 101% Sequential: Q4 FY2026 revenue hit $939,000, up from $306,000 in Q4 FY2025 and up from $468,000 in Q3 FY2026.

Sequential Growth Accelerated: Q3 to Q4 revenue growth was approximately 101%, compared to 20% sequential growth from Q2 to Q3.

91.3% Gross Margin: Q4 FY2026 gross margin reached 91.3%, compared to 77.2% in Q4 FY2025.

263% Gross Profit Growth: Q4 gross profit increased 263% year-over-year to $858,000.

96% Operating Loss Improvement: Operating loss dropped to $290,000 in Q4 FY2026, down from $7.3 million in Q4 FY2025.

85% Cost Of Sales Reduction: Full-year cost of sales was reduced by 85% year-over-year as the company continued shifting toward software-based offerings.

AI Software Transition: Management says the company continues to transition toward a scalable, software-first, AI-supported event technology platform.

STRATEGIC IMPLICATIONS

The global event industry, described by management as a $1+ trillion market growing toward $2 trillion over the next five years, has long operated with outdated workflows. Conference attendees still deal with lanyards, manual registration, limited matchmaking and fragmented event experiences. Exhibitors often spend $10,000, $25,000, $50,000 or even $100,000 on trade shows, only to leave with a pile of business cards and weeks of manual follow-up.

Nextech3D.ai is attacking that inefficiency with an AI-powered event technology platform. According to management, the company now provides event tools including floor plan mapping, mobile apps, registration, ticketing, badging and AI matchmaking. Management says it has integrated acquired technology into an end-to-end platform built to compete more directly in the event technology market.

The timing matters. Enterprise event spending is increasingly focused on measurable ROI, not just logistics. Nextech’s stated goal is to help exhibitors leave events with qualified leads, booked meetings and automated follow-up, instead of relying on manual post-event outreach. Management says the platform is being built to prove ROI for exhibitors by using AI matchmaking and automation to connect the right people before, during and after events.

CEO Evan Gappelberg described the quarter as a true inflection point:

“This quarter does mark a true inflection point. We’re not just growing. We’re actually exploding out of a restructuring into a high-margin AI software company. 207% year-over-year growth, 90-plus percent gross margins on its own is fantastic, but the 101% sequential growth, that combination is extremely rare in public markets.”

He also made clear that management does not view the current numbers as the full story. According to Gappelberg, the company is still in the early stages of its growth trajectory, with additional AI event technology demos expected in the coming months.

INVESTOR TAKEAWAY

Nextech3D.ai just reported the kind of numbers that can change how the market looks at a small-cap AI company: 207% year-over-year Q4 FY2026 revenue growth, 101% sequential quarterly growth, 91.3% gross margin, 263% gross profit growth and a 96% improvement in operating loss.

For investors, the most important part may be the combination. Many AI companies are growing while absorbing heavy losses. Nextech reported growth while materially reducing operating losses. CFO Anum Waqas said on the interview that the company has been working for two years to reduce costs, lower overhead and use AI to improve efficiency across technology and marketing. She also stated that the company is “pretty much cash flow positive right now” and said the quarter would have been profitable except for one-time, non-cash impairment losses.

Management also stated that the company has not gone to the market for financing in more than two years and does not currently plan to raise equity, except potentially for an additive acquisition.

The sales validation may be equally important. Management said former Cvent sales executives have joined Nextech, bringing relationships from one of the best-known companies in event technology. According to Gappelberg, they are now cross-referencing their enterprise relationships with Nextech’s existing customer base, creating potential crossover opportunities with larger event technology buyers. Management also pointed to Nextech’s Fortune 500 customer exposure as part of the company’s broader sales opportunity.

Nextech is still early, with quarterly revenue under $1 million. But that is exactly why the Q4 numbers matter. Management believes the company has moved through restructuring, integrated key acquisitions and entered a new AI software growth phase. The company cautioned that there can be no assurance this rate of growth will continue, and future performance will depend on customer adoption, market conditions, competition and execution.

Still, the Q4 results show a company with real revenue, real AI use cases, software-like margins and sharply improved operating performance. If Nextech can continue converting its platform, customer base and sales team into larger contracts, this may become the quarter investors look back on as the moment the AI software transition became visible in the numbers.

HPQ Silicon Powers Ahead with Federal Backing and First Shipment Of Battery Cells

Posted by Alavaro Coronel at 9:17 AM on Thursday, October 2nd, 2025

A SMALL CAP MILESTONE WITH BIG MARKET POTENTIAL

HPQ Silicon (TSX-V: HPQ | OTCQB: HPQFF) is advancing from research to commercialization in the silicon-anode battery market, which is projected to reach $130 billion by 2033. The company has confirmed the completion and shipment of its first industrial-scale batches of HPQ Endura+ batteries — an important milestone demonstrating that its technology can be manufactured at scale using existing production lines.

Federal support has strengthened this momentum. Canada’s Minister of Energy and Natural Resources recently endorsed HPQ’s work, stating:

“Projects like HPQ Silicon strengthen Canada’s ability to manufacture components for high-performance batteries and are creating a world-class battery ecosystem.”

WHY IT MATTERS FOR INVESTORS

HPQ’s progress marks a transition from lab results to real-world adoption. These shipments position the company to engage directly with prospective customers across mobility, electronics, defense, and telecommunications. Early data sheets have already impressed independent experts, sparking inbound interest from international players.

Key Highlights:

  • First commercial-scale batches completed and shipped
  • Federal grant of up to $3M secured for production expansion
  • Market opportunity projected to reach $130B by 2033
  • Pathway to 1.5M battery cells annually, with scalable capacity

A COMMERCIAL JOURNEY TAKING SHAPE

CEO Bernard Tourillon underscored the significance: HPQ is now demonstrating that its silicon-anode batteries are not only higher-performing but also compatible with existing industrial manufacturing processes — a critical factor for widespread adoption.

OUTLOOK

HPQ Silicon is building both credibility and capacity. With government validation, industry engagement, and proven manufacturability, the company is positioning itself to play a meaningful role in the global battery supply chain. For investors seeking exposure to high-growth opportunities in clean energy and advanced materials, HPQ is a small cap company advancing toward significant commercial potential.