HPQ CEO Applauds and Comments on Canada’s New Federal Budget and Its Positive Impact on HPQ’s Technology Portfolio

(Left) Fumed Silica samples from test batch 7, (Middle) HPQ Endura+ batteries at HPQ office in Montreal, (Right) Metagene Hydrogen technology system in operation GNW

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Targeted investments in productivity, clean manufacturing, and energy transition align perfectly with HPQ Silicon’s three innovation pillars: Fumed Silica, HPQ ENDURA+ Batteries, and METAGENE™ Hydrogen

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MONTREAL, Nov. 06, 2025 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, welcomes the Government of Canada’s 2025 Federal Budget, which introduces $141 billion in new spending to strengthen domestic industrial capacity, expand clean-energy infrastructure, and accelerate the commercialization of next-generation technologies.

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HPQ CEO Bernard Tourillon said the budget’s focus on productivity, clean manufacturing, and Canadian supply resilience sends a clear signal: Canada wants to build things again, and it’s ready to back innovators turning R&D into industrial reality.

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“This budget is good for companies like HPQ because it recognizes that real growth happens when ideas become assets,” said Bernard Tourillon, President and CEO of HPQ Silicon Inc. “Our three core technology pillars: Fumed Silica, HPQ ENDURA+ Batteries, and METAGENE™ Hydrogen, are exactly the kind of made-in-Canada, clean-industrial projects the government wants to see scale. The measures announced this week make it easier, faster, and more competitive to build that capacity here at home.”

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^{(Left) Fumed Silica samples from test batch 7, (Middle) HPQ Endura+ batteries at HPQ office in Montreal,}

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^{(Right) Metagene Hydrogen technology system in operation}

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FUMED SILICA: Reshoring High-Value Materials to North America

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HPQ’s proprietary Fumed Silica Reactor technology transforms quartz in one step into fumed silica, without the need for toxic feedstocks. The budget’s Productivity Super-Deduction and emphasis on clean-power infrastructure directly support HPQ’s plan to establish the only domestic production in Canada, replacing imports from the United States, China and Europe [see October 23, 2025, release for latest development on this technology].

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“The government is lowering the cost of capital for companies investing in clean manufacturing,” Tourillon explained. “That means every dollar we spend building fumed-silica reactors or downstream finishing equipment goes further—while Canada’s push for low-carbon power ensures our process remains one of the cleanest in the world.”

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HPQ ENDURA+ Batteries: Building Domestic Energy Storage

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The budget’s Defence Industrial Strategy and Buy Canadian procurement rule create strong demand channels for home-grown energy storage. HPQ’s ENDURA+ GEN3 silicon-anode lithium-ion cells, now in industrial testing in both 18650 and 21700 formats, align perfectly with this policy [see October 30, 2025, release for latest development on this technology].

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“We see a clear intersection between the government’s procurement priorities and our technology,” Tourillon noted. “HPQ ENDURA+ delivers higher energy density, longer cycle life, and the advantage of being manufactured in Canada. From defence and telecommunications to mobility and grid storage, there’s now a policy framework encouraging those sectors to source domestically.”