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Wednesday, June 29, 2022

Everyone Is Talking HyperSolar Inc (OTCMKTS:HYSR)

HyperSolar Inc (OTCMKTS:HYSR) is making an explosive move up the charts off its base well under a penny well into penny land. The developer of a breakthrough technology to produce renewable hydrogen using sunlight and water is quickly attracting legions of shareholders and has emerged as one of the most active stock in small caps.

HYSR got another boost after the Company announced it is has changed the name of the Company to SunHydrogen, Inc., but will retain the same stock ticker symbol. “For some time now, we considered adopting the SunHydrogen name,” said Tim Young, CEO of HyperSolar. “Now, as we enter production of Gen 1 and channel more development resources into Gen 2, we wanted our name change to coincide with our next phase of business.”

HyperSolar Inc (OTCMKTS:HYSR) is developing a breakthrough, low-cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low-cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low-cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles.

Microcapdaily was reporting on the Company back in 2017 stating – The last pop on HYSR came after the Company said it was able to nearly triple photocurrents in its novel solar cell, an important breakthrough to increase the rate of hydrogen (“H2”) production as the Company seeks to scale its technology to support real world energy applications. HYSR has a long history of big moves making a spectacular run on massive volume from $0.0035 to highs of $0.135 in April of 2014.

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HYSR

On June 8 HYSR announced it is prepared to begin manufacturing the first series of its GEN 1 hydrogen panels for demonstration, as the last necessary tests on essential components have been completed. The Company’s tech team has completed the translation of lab-based design on membrane and catalysts components into manufacturable design and parameters.

The HYSR team is beginning the manufacture of Gen 1 panels. Also, the Company will begin to funnel greater resources into the development of Gen 2, a nanotechnology solution to hydrogen production that management believes can completely change the economics of hydrogen production and thus the global energy playing field.

Chief Technology Officer, Dr. Joun Lee, said, “For our team, this is a very exciting time. The name, SunHydrogen, is far more representative of what we are working for—producing renewable hydrogen from sunlight and water. As we see the years of development coming to fruition, we will leave the HyperSolar name behind along with the technology groundwork as part of what has gotten us to where we are. Now with our new name, we will take on emerging and, hopefully, world-shaking, challenges. Hydrogen is taking a place on centerstage in the world. Phoenix-based Hydrogen truck-producer, Nikola, Inc., went public in a reverse merger, raised $700MM, and introduced other developments that put a further exclamation point on continued increasing global interest in hydrogen-related activity. Developments like this reinforce our belief in our technology and make us even more passionate about making low cost renewable hydrogen an essential fuel of the future.”

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Currently trading at a $60 million market valuation HYSR has minimal assets, no revenues and close to $10 million in payables. But this is an exciting story developing in small cap; the Company is the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, a system the Company has continued to improve greatly and the stock has a long history of making explosive short term runs especially when there are events that create nationwide optimism for the future of hydrogen fuel technology. We will be updating on HYSR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HYSR.

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Disclosure: we hold no position in HYSR either long or short and we have not been compensated for this article.

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