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Novacium, Axel’One and AD-VENTA Secure €1 Million in RAPID Funding from the DGA and AID for the METAGENE™ Green Hydrogen Project

$HPQPress releaseOct 27, 2026, 7:30 AM ETRead the release

A consortium led by Novacium — HPQ Silicon's 36.8%-owned R&D partner — secured nearly €1 million in funding from France's AID and DGA under the selective RAPID dual-use innovation program. The funding supports the 30-month, €1.2 million METAGENE project, subsidized at the program's maximum 80% rate, to develop a self-contained high-pressure green hydrogen station that produces hydrogen from an aluminum-silicon metallic fuel without electricity. The award was finalized in June 2026 but could only be disclosed now for confidentiality reasons; selection at the maximum funding rate signals French defense-authority confidence in the technology's dual military and civilian potential.

Key figures

Deal Value Usd
€1.2 million project budget
Subsidy rate
80%
Energy density
1.25 m³ hydrogen per kg of fuel
Public funding
nearly €1 million
Trl progression
TRL 3 to TRL 5-6
Station capacity
up to 20 kg hydrogen per day
Hpq stake in novacium
36.8%
Project duration months
30

AI analysis

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    HPQ: Novacium, Axel’One and AD-VENTA Secure €1 Million in RAPID Funding from the DGA and AID for the METAGENE™ Green Hydrogen Project — AI Analysis | Signal8