HPQ Silicium Finalizes Increased Ownership in Novacium SAS
HPQ Silicium announced the finalization of an increased ownership interest in Novacium SAS, a French technology company focused on lithium-ion battery development.
HPQ Silicium finalized an increase in its ownership interest in Novacium SAS in March 2026. Novacium is a French entity engaged in the development of advanced lithium-ion battery technologies, incorporating HPQ's silicon-based anode materials.
The specifics of this additional investment were detailed in an internal company announcement, but HPQ Silicium stated the strategic move enhances its positioning within the battery market. Novacium's focus is on next-generation batteries, particularly for drone and electric vehicle applications.
The company has recently reported technological advancements regarding its GEN4 silicon anode material, including achieving high energy density in drone battery packs. A private placement in March 2026, which raised $3.0 million, continues to support Novacium's product development and market entry.
HPQ Silicium aims to leverage the unique properties of silicon to improve battery performance and lifespan. The company anticipates this deeper integration with Novacium will unlock new business opportunities in the rapidly expanding energy storage sector.