HPQ Silicon Resources Pitch Deck (2020): 30-Slide Breakdown

See all 30 slides of the HPQ Silicon Resources pitch deck — a 2020 deck — with a slide-by-slide teardown of what the deck does well and where it falls short.

HPQ Silicon Resources presents a technical and market-driven case for their proprietary PUREVAP process, aimed at disrupting the silicon supply chain for the battery and energy storage sectors. The deck identifies a critical bottleneck: while electronics have scaled exponentially, battery energy storage has lagged due to chemistry limits. By transforming raw quartz into high-purity nano silicon, HPQ aims to replace or augment graphite in anodes, which currently only contains about 5% silicon by weight. The company demonstrates significant commercial traction, citing a firm order from a major…

Key takeaways

Executive Summary: The Silicon Pivot

HPQ Silicon Resources presents a highly technical, industrially focused pitch deck that centers on a single thesis: the global transition to renewable energy and electric vehicles is being throttled by battery chemistry. The deck, dated December 2020, positions the company not just as a raw material supplier, but as a technology provider capable of transforming low-value quartz into high-value nano silicon materials. By leveraging their proprietary PUREVAP process, HPQ seeks to bridge the massive cost gap between current experimental silicon materials and the commodity graphite currently used in battery anodes.

Slide 1: Title and Vision

The opening slide establishes the core value chain: "Innovative Silicon Solutions." It uses a simple three-step visual progression: From Quartz to Silicon Metal ("Raw Silicon") to Nano Silicon. This immediately tells the investor that the company is involved in value-added processing rather than just basic mining. The branding is clean, though the "HPQ - Silicon Resources" logo suggests a legacy in mining that is now evolving into high-tech materials.

Slide 4: The Problem with Conventional Silicon

Slide 4 provides the technical justification for HPQ's existence. It notes that while silicon is abundant, it does not exist in a pure state. The slide critiques the "Conventional Carbothermic Process," noting it is expensive and energy-intensive, requiring 12,000 kWh to produce just 1 metric ton of 98.0% to 99.5% pure silicon. The key takeaway here is the bolded footer: "RAW SILICON MUST BE TRANSFORMED AND/OR ENGINEERED BEFORE IT CAN BE USED FOR BATTERY APPLICATIONS." This sets the stage for HPQ’s proprietary technology as the necessary bridge.

Slide 7: Implementation Plan and Traction

This is a critical "traction" slide. HPQ outlines that lab-scale and proof-of-concept tests are finished, and they are moving into a "fully funded QRR pilot plant." The most significant data points are the bulleted achievements: "Material potential already generated NDA's with battery manufacturers" and "Received a firm order for Si Nanopowders from major car manufacturer." For a pre-commercial industrial company, a firm order from an OEM is the strongest possible validation of the technology's relevance.

Slide 10: Market Opportunities and Megatrends

Slide 10 contextualizes the demand. It cites CRU data projecting demand to reach 3.8 M MT worth approximately US$10 billion by 2025. The slide breaks down the market into Metallurgical Grade (98.0-98.9%) and Chemical Grade (99.0-99.5%). It links these to global megatrends like population growth, urbanization, and energy efficiency. Importantly, it notes that new plants are needed to meet this growth, positioning HPQ as a necessary addition to global capacity.

Slide 13: The Battery Performance Gap

This slide uses a compelling chart to show that while processors, hard disks, and memory have seen exponential improvements (up to 16x over 6 years), battery energy storage has remained nearly flat. The slide quotes Alexander Girau of Advano: "The problem is not 'Can we get a battery that is powerful?', It's: 'Can we make that battery cheap enough to build trillions of them?'" This shifts the investor's focus from pure performance to the economics of manufacturing, which is where HPQ claims its advantage lies.

Slide 16: The Economic Barrier

Slide 16 is perhaps the most honest slide in the deck. It lists the current costs of silicon materials: Silicon Structured in SIO Glass (>$2,000/kg), Silicon Structured in Graphite (>$3,000/kg), Silicon Nanowires (>$30,000/kg), and Silicon Nanopowders (>$20,000/kg). It contrasts these with the cost of graphite at $10 to $20 per kg. This clearly defines the "moat" HPQ must build: they don't just need to make nano silicon; they need to make it 1,000x cheaper to reach parity with graphite.

Slide 19: The PUREVAP Scaling Pathway

To address the cost issue, Slide 19 shows the "Indicative Scaling-up Pathway." It moves through four phases: Phase 1 (Bench Tests, 30 kg/month), Phase 2 (Proof of Commercial Scalability, 300 kg/month), Phase 3 (Pilot Plant, 4,000 kg/month), and Phase 4 (Commercial Plant, 200 MT/month). By showing the transition from batch processes to semi-continuous processes, the deck illustrates how they intend to achieve the economies of scale necessary to disrupt the market.

Slide 22: The Investment Thesis

Slide 22 summarizes the "Why Invest?" argument. It cites a UBS estimate that the US energy storage market could reach $426 billion. It reiterates the product lineup—nanopowders, nanowires, and porous silicon—and mentions that the company is supported by "two (2) world class technology partners." However, it does not name these partners on this slide, which is a missed opportunity for name-brand validation.

Slide 25: Management and Cap Table

The final substantive slide introduces the team and the major investors. The management team is led by Bernard J Tourillon (Chairman, President, CEO). The cap table is particularly interesting for a company at this stage: PyroGenesis holds 9.8% , and Investissement Québec holds 9.0% . Having a provincial investment arm (Québec) and a strategic technology partner (PyroGenesis) on the cap table provides significant credibility regarding the company's regional support and technical foundation.

What Works in This Deck

Technical Clarity: The deck does an excellent job of explaining a complex chemical engineering problem in simple terms. The comparison between processor scaling and battery scaling (Slide 13) is a classic, effective way to illustrate market pain.

Honest Benchmarking: Many startups hide the fact that their product is currently 1,000x more expensive than the incumbent. HPQ puts those numbers front and center on Slide 16, which builds trust with sophisticated investors who know the industry economics.

Clear Traction: Mentioning a firm order from a major car manufacturer (Slide 7) is the ultimate "de-risking" signal for an industrial tech company.

What Is Missing

Financial Projections: While the deck mentions market sizes and current material costs, it lacks a slide showing HPQ's projected revenue, EBITDA, or the specific capital expenditure (CapEx) required to reach the Phase 4 commercial plant. Investors need to know how much money is required to get to that 200 MT/month milestone.

Competitive Landscape: The deck compares silicon to graphite, but it does not compare HPQ to other silicon startups (e.g., Sila Nanotechnologies, Group14 Technologies, or Enovix). A slide detailing HPQ's specific IP or cost advantages over other silicon-anode competitors is absent.

Detailed Unit Economics: We see the cost of the competition ($20,000/kg), but we don't see HPQ's projected cost of goods sold (COGS) at scale. Without this, the claim of "low-cost" is an assertion rather than a demonstrated fact.

Founder Takeaways

Use the 'Performance Gap' Visual: If you are working in a sector that has lagged behind the rest of the tech world (like energy, construction, or agriculture), use a comparison chart like Slide 13 to show how much 'catch-up' growth is available.

Phase Your Roadmap: For hardware or industrial tech, a single "launch" date is unrealistic. The four-phase scaling pathway on Slide 19 is a great template for showing how you will move from the lab to the factory while managing risk at each step.

Highlight Strategic Backers: If you have government-backed investors (like Investissement Québec) or strategic industry partners, give them their own section or highlight them on the cap table slide. It signals that you have passed rigorous due diligence that individual investors might not have the resources to perform.

Frequently asked questions

What is the primary problem HPQ Silicon is trying to solve?
HPQ Silicon addresses the 'slow pace' of battery evolution compared to processors and memory. As shown on Slide 13, battery energy storage has improved at a fraction of the rate of electronics. The bottleneck is chemistry; current graphite anodes are reaching their limits. HPQ aims to provide high-purity nano silicon that can replace graphite, offering higher energy density at a commercially viable price point.
Does the company have any validated commercial interest?
Yes. Slide 7 explicitly states that the company has received a firm order for Silicon Nanopowders from a 'major car manufacturer.' Additionally, they have generated NDAs with other battery manufacturers and advanced material companies. This suggests that their lab-scale and proof-of-concept tests have met the technical requirements of Tier-1 industry players.
How does HPQ Silicon plan to compete with existing graphite anodes?
The deck acknowledges that current silicon solutions are too expensive, with nanopowders costing over $20,000/kg while graphite costs only $10-$20/kg (Slide 16). HPQ's strategy relies on their PUREVAP NSiR process to achieve cost parity. They are moving through a four-phase scaling pathway to reach a commercial capacity of 200 metric tons per month to drive down unit costs.
Who are the key stakeholders and investors in HPQ Silicon?
The company is backed by both strategic and institutional investors. According to Slide 25, PyroGenesis is a major holder at 9.8%, and Investissement Québec holds 9.0% on a fully diluted basis. Management and the Board own 9.0%, and a group of 'Key Investors' holds 17.5%, indicating a relatively distributed cap table with significant institutional support.
What are the specific applications for HPQ's silicon products?
Beyond Li-ion batteries (nanopowders, nanowires, and porous silicon), Slide 7 and Slide 10 identify several other high-value applications. These include spherical silicon nanopowders for Hydrogen (H2) production, chemical grade silicon for silicones and polysilicon (solar cells), and specialty applications requiring 99.99% purity raw silicon.
Cover slide of the HPQ Silicon Resources pitch deck — Pilot / Pre-Commercial 2020
HPQ Silicon Resources pitch deck, slide 1 (2020)

HPQ Silicon Resources pitch deck: the facts

Company
HPQ Silicon Resources
Year
2020
Stage
Pilot / Pre-Commercial
Slides
30
Sector
Advanced Materials / Energy Storage
Deck type
Corporate Presentation / Investor Deck
Outcome
Publicly Traded (TSX-V: HPQ)
Headquarters
Montreal, Canada

HPQ Silicon Resources pitch deck PDF

The full HPQ Silicon Resources deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

What the HPQ Silicon Resources Inc. pitch deck was used for

This deck is HPQ Silicon Resources Inc.’s December 2020 corporate / investor presentation, at a pilot / pre‑commercial stage, focused on its PUREVAP quartz reduction reactor (QRR) and nano silicon reactor (NSiR) technologies to produce spherical silicon nano and micron powders, silicon nanowires, and high‑purity porous silicon powders for next‑generation lithium‑ion batteries and hydrogen production. The deck positions silicon as a higher‑capacity anode material than graphite, framing HPQ’s role as an industrializer of low‑cost nano‑silicon to overcome energy‑density limits in conventional graphite‑based batteries, and outlines a scaling path from lab proof‑of‑concept to a 200 MT/month commercial plant. Around this period, HPQ highlighted that it was well‑funded to accelerate its nano‑silicon initiatives and QRR pilot plant, with several million dollars of cash and access to additional warrant and option funding, but did not tie this specific deck to a single disclosed equity round. Earlier, HPQ had financed its Gen3 QRR project through Quebec government support via Investissement Québec and strategic investment and credit support from PyroGenesis Canada Inc., which is part of the

Business model: HPQ Silicon Resources Inc. (now HPQ Silicon Inc.) develops and commercializes proprietary PUREVAP processes to transform quartz into high‑purity silicon materials and advanced silicon-based powders for applications such as lithium‑ion batteries and other energy storage technologies.

Year
2020
Lead investor
PyroGenesis Canada Inc.
Investors
PyroGenesis Canada Inc., Investissement Québec (via a convertible debenture supporting the Gen3 project)., THREE D Capital Inc.
Industry
Advanced materials / silicon processing and energy storage materials.

Round: Public‑company non‑brokered private placement associated with funding its silicon and nano‑silicon initiatives, including the Gen3 QRR project and related developments.

Raised: In September 2020 HPQ closed a non‑brokered private placement of 4,500,000 units at $0.60 per unit for gross proceeds of CAD $2,700,000, with PyroGenesis Canada Inc. subscribing for 4,000,000 units ($2,400,000) and THREE D Capital Inc. subscribing for 500,000 units ($300,000).

Use of funds as presented: According to HPQ, capital from its financings and warrant/option exercises around 2020 was intended to fund the PUREVAP QRR pilot plant project and accelerate its leading nano‑silicon initiatives for 2020 and beyond.

What the HPQ Silicon Resources Inc. deck got right

What could have been stronger

How an investor would read this deck

What draws attention

Risks that stand out

Questions this deck invites

What founders can take from the HPQ Silicon Resources Inc. deck

HPQ Silicon Resources Inc. pitch deck: common questions

What does HPQ Silicon Resources do?

HPQ Silicon Resources Inc. (now HPQ Silicon Inc.) develops and commercializes proprietary PUREVAP processes to transform quartz into high‑purity silicon and advanced silicon‑based powders, targeting applications in lithium‑ion batteries, energy storage, and related advanced materials markets.

How was HPQ Silicon’s pilot and nano‑silicon program funded around 2020?

In August 2020 HPQ stated it was “well‑funded to accelerate leading nano‑silicon initiatives,” reporting approximately $4.7 million in cash, liquid investments and cash reserved for its PUREVAP QRR pilot plant, and additional access to more than $11 million of in‑the‑money warrants and options, for potential access to over $16 million. These resources were intended to support the QRR pilot plant and nano‑silicon development rather than a single labeled Series A or similar round tied specifically to the December 2020 deck.

What is the main focus of HPQ’s December 2020 investor deck?

The December 2020 HPQ investor deck emphasizes HPQ’s PUREVAP QRR and SiNR technologies to produce spherical silicon nano and micron powders, silicon nanowires, and high‑purity porous silicon powders, positioning these materials as solutions to increase lithium‑ion battery energy density beyond what graphite anodes can offer. It presents a roadmap from lab‑scale proof of concept to a 200 MT per month commercial plant, aiming at EV and stationary storage markets.

Did HPQ raise external capital related to its silicon and nano‑silicon projects?

Yes. For example, a September 2020 non‑brokered private placement raised CAD $2.7 million through issuance of 4.5 million units at $0.60 per unit, with PyroGenesis Canada Inc. subscribing for 4 million units ($2.4 million) and ThreeD Capital Inc. subscribing for 500,000 units ($300,000); each unit included a common share and a warrant exercisable at $0.61 for 36 months. Earlier support for its Gen3 QRR project also included a $1.8 million convertible debenture from Investissement Québec and a $1.95 million investment plus a $1.5 million equity line of credit from PyroGenesis.

What traction or commitments does the HPQ 2020 deck claim?

The December 2020 deck describes HPQ’s implementation plan over the next 12 months as including already completed lab and proof‑of‑concept tests, a fully funded QRR pilot plant and NSiR testing program, and readiness to produce spherical silicon nano and micron powders, silicon nanowires, porous silicon powders, and other silicon materials. It also states that material potential had generated NDAs with battery manufacturers and advanced materials companies and mentions a firm order for silicon nanopowders from a major car manufacturer, though counterparties and order size are not disclosed.

Sources

Funding and outcome facts on this page were researched on 2026-08-22 from the pages below.

HPQ Silicon Resources pitch deck slides

HPQ Silicon Resources pitch deck slide 1 of 30
HPQ Silicon Resources pitch deck — slide 1 of 30
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HPQ Silicon Resources pitch deck — slide 2 of 30
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HPQ Silicon Resources pitch deck — slide 3 of 30
HPQ Silicon Resources pitch deck slide 4 of 30
HPQ Silicon Resources pitch deck — slide 4 of 30
HPQ Silicon Resources pitch deck slide 5 of 30
HPQ Silicon Resources pitch deck — slide 5 of 30
HPQ Silicon Resources pitch deck slide 6 of 30
HPQ Silicon Resources pitch deck — slide 6 of 30

What each slide of the HPQ Silicon Resources pitch deck says

Slide 1

— Innovative Silicon Solutions Dw @ FROM QUARTZ a NANO SILICON HP 5 SILICON >

Slide 2

EE————————— L DISCLAIMERS This presentation includes certain "FORWARD-LOOKING STATEMENTS" All statements, (other than statements of historical fact included herein), including, without limitation, statements regarding future plans and objectives of the company, are forward-looking statements that involve various risks, assumptions, estimates and uncertainties, and any or all of these future plans and objectives may not be achieved. HF'Q = SI»L\DDN These statements reflect the current expectations or beliefs of HPQ-Silicon Resources Inc. ("the Company") and are based on information currently available to the Company. There can be no assurance that such statements will prove to be accurate, a…

Slide 3

THE VISION "To achieve the transition to sustainable energy, we must produce more affordable EVs and Energy Storage, while building factories faster and with far less investment" (TESLA battery deck P5) The pathway material Silicon Is Awesome And Inexpensive ' —-— — MOST ABUNDANT ELEMENT IN EARTH'S CRUST AFTER OXYGEN STORES X MORE LITHIUM THAN GRAPHITE : SEPTEMBER 22, 2020 www.HPQSilicon.com

Slide 5

EEE HPO - SILICON 3 HPQ WORLD CLASS SILICON R&D CONSORTIUM > WORKING TO SOLVE RENEWABLE ENERGY CHALLENGES » PYROGENESIS A high-tech company that is a leader in the design, development, manufacture & commercialization of advanced plasma processes & products (TSX Listed, Listing on NASDAQ in Q1 2021) NIE rok 60 Patents 40,900 ft? pr — World Leader In Technology Sold To US Technology Tested and Leaders in High Purity Advanced Plasma Navy For Use On [0sr:) validated By DARPA Spherical Metal Powders for Processes Aircraft Carriers Industrial 3D printing. ©) Developer of PUREVAP One-Step © Developer of DROSRITE™:a ® Agreements With Global Process To Produce High Purity Green Aluminum Recovery fro…

Slide 6

EET HPQ - SILICON h HPQ IS COMMERCIALIZING LOW-COST SOLUTIONS > STARTING COMMERCIAL VALIDATION OF LOW-COST PROCESSES With PyroGenesis, HPQ is developing: Val Quartz (S10,) to Raw Silicon (Si) - PUREVAP™ QRR Process. ' RAW » 4 SILICON ~ i Fr Pa 99.99% Si 4 ~ 72 510, 98.5% + PUREVAP QR Energy Consumption: 3 Clean Coal -> Reactor =P 13,000 RAVE *. ‘ 45 MT Needed THT Procuced g - Anew scalable, versatile, low CAPEX & OPEX carbothermic process i roman 10. ors ELLEN . ['SILICON (Si) to NANOPOWDERS AND NANOWIRES - PUREVAP™ NSiR Process | SILICON SILICON 5 NANOPOWDERS NANOWIRES y N Material produced by PyroGenesis during proof of concept test ] § With Apollon Solar, HPQ is: + Deploying its patented…

Slide 7

HPO - SILICON \ HPQ IMPLEMENTATION PLAN el & OVER THE NEXT 12 MONTHS, FAST TRACKING Si INNOVATION » Lab scale and proof of concept tests already completed » Fully funded QRR pilot plant and NSiR testing program » Getting ready to go live and produce: * Spherical Silicon Nano & Micron powders for Li-ion Batteries v' Material potential already generated NDA's with battery manufacturers and advance material companies v' Received a firm order for Si Nanopowders from major car manufacturer * Silicon Nanowires for Li-ion Batteries * Spherical Silicon Nanopowders for Hydrogen (H,) production * High Purity Nano Porous Silicon Powders for Li-ion Batteries * Raw Silicon (99.5% Si up to 99.99% Si) for…

Slide text above is read directly from the HPQ Silicon Resources deck PDF embedded on this page.

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