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Wednesday, June 29, 2022

Steady Moves on HyperSolar Inc (OTCMKTS:HYSR)

HyperSolar Inc (OTCMKTS:HYSR) has been seeing higher highs and higher lows in recent weeks as the stock moves higher. Volume has picked up significantly as HYSR gets noticed by investors.

HYSR got a recent boost after the Company said 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.

HyperSolar 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.

in 2020 HYSR has been busy announcing in March  it entered into a Memorandum of Understanding with Cascadia Energy Technologies, of Corvallis, Oregon.  The agreement establishes a collaborative association to advance the interests of each company.  The work together will focus on prospective renewable energy projects, and most importantly for HyperSolar, on-going business development. Cascadia’s mission is the production of 100% clean, renewable fuel and energy from local and regional resources to accelerate Zero Emission Heavy Vehicle (ZEV-Heavy) mobility. Trucks, Buses, Trains, and port facilities. Ultimately, to support Local Fuels ‘eco-systems’ securing the economic benefits of our society within safe, community-based transitions to a 100% clean, renewable energy future.

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HYSR

HYSR is working with Suzhou GH New Energy Co. Ltd., a division of GCL Poly, to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels to be used in demonstration pilot plants. In 2019, China issued Patent No. ZL201580026002.0 allowing protection for HyperSolar’s intellectual property in China related to using multi-junction solar cells to produce hydrogen.  To further support the economics of the new panel, there is currently no tariff on the solar cells the company buys from China.

The Company executed a Technical Services Agreement with engineering giant, Fluor, in preparation for engineering required for a future pilot plant and other projects. It is the Company’s intention to begin by having Fluor conduct a feasibility study focused on the design of mini-pilot plants initially for small quantities of hydrogen production, as well as documenting the cost of creating plants of varying production levels and in different geographies.  Furthermore, the study is anticipated to include a standardized design, which will then be customized to individual customer sites.

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.

“Our biggest challenge for manufacturing was to replicate what we built in the lab in full scale manufacturing,” said Tim Young, CEO of HyperSolar.  “Our device is now fully tested and ready for production. We are working closely with our manufacturers to meet our milestone to produce a 100 demonstration units.”

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Currently trading at a $13.7 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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