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Sunday, September 25, 2022

Sunhydrogen Inc (OTCMKTS: HYSR) Getting Noticed as Renewable Hydrogen Pioneer Gets Closer to Launching its Nanoparticle-Based Green Hydrogen Tech

Sunhydrogen Inc (OTCMKTS: HYSR) is heating up and moving northbound off its $0.035 base in recent trading on a significant surge of volume. This comes after HSYR CSO Dr. Syed Mubeen sent out an important update to shareholders outlining some of the Company’s significant advancement in recent months. Microcapdaily has been reporting on HYSR for years and we covered it during its historic rise in 2020 leading into 2021 from triple zeroes to $0.34 per share. At current levels HYSR is at the bottom of its trading range and just over 52 week lows and has a significant gap to fill from current levels. 

SunHydrogen is developing a breakthrough technology to make renewable hydrogen using sunlight and water which comes at a perfect time as hydrogen increases worldwide, renewable hydrogen companies are finally coming into the favor of investors with the adoption of hydrogen fuel technologies within an increased number of major industries and spanning many applications especially the massive electric vehicle market. SunHydrogen’s patented technology has the capacity to disrupt existing energy economies across a wide range of sectors including transportation, industry and shipping where fossil fuels are predominantly used. The technology is a self-contained, nanoparticle-based hydrogen generator that mimics photosynthesis to split water molecules, resulting in hydrogen.  According to a report from Fortune Business Insights™ the hydrogen generation market size was USD 142.33 billion in 2019. It is projected to reach USD 208.86 billion by 2027, thereby exhibiting a CAGR of 5.2% during the forecast period. 

Sunhydrogen 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. The only byproduct of hydrogen fuel is pure water, unlike hydrocarbon fuels such as oil, coal and natural gas that release carbon dioxide and other contaminants into the atmosphere when used. 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, ultimately producing 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. Sunhydrogen has been issued at leat 6 US patents. The global hydrogen market is large and growing rapidly and is projected to become a $1 trillion per year market by 2050. 

SunHydrogen’s patented technology has the capacity to disrupt existing energy economies across a wide range of sectors including transportation, industry and shipping where fossil fuels are predominantly used. The technology is a self-contained, nanoparticle-based hydrogen generator that mimics photosynthesis to split water molecules, resulting in hydrogen. By optimizing the science of water electrolysis at the nano-level, the Company believes it has developed a low-cost method to potentially produce environmentally friendly renewable hydrogen. 

It was late last year when Sunhydrogen  reported the stability test of its proprietary fully integrated hydrogen production device has surpassed 1000 hours. The device will serve as the foundation of the Company’s first-generation commercial renewable hydrogen generator. The Company has focused on increasing the stability of the proprietary all-in-one hydrogen production device, working toward the 1000-hour target, since 2018. The stability test was conducted under continuous simulated peak sunlight illumination by the research team at the University of Iowa. The Company is now building a pilot production plant to commercially produce Gen 1, from water and waste to Fuel.  

HYSR got a boost after the Company put out a press release updating shareholders on the company’s progress toward multiple planned 2022 milestones. HSYR CSO Dr. Syed Mubeen stated: “Over the past six months, we have expanded our industrial partnerships across the U.S., Germany, South Korea and Japan, and we have renewed and initiated new collaborations with the University of Iowa and the University of Michigan, respectively. Since assuming the role of Chief Scientific Officer, I have worked to expand SunHydrogen’s scientific operations and research capabilities to scale our nanoparticle technology. Today, I am proud to say that SunHydrogen is on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology. 

SunHydrogen started 2022 with the addition of a new research and development laboratory in Coralville, Iowa, to fuel its goal of scaling up fabrication of its nanoparticle hydrogen generator units by the end of the 2022 fiscal year. The Company hired several new senior engineers and chemists and are in the process of streamlining manufacturing operations, a task made more accessible by increasing our personnel. SunHydrogen is also excited to report positive interim product development progress for the months of January and February. The Company successfully validated the manufacturability of its growth substrates and deposition recipes at scales needed for production-quality prototype demonstration. 

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SunHydrogen is currently trying to resolve supply chain challenges with some of its feedstocks and anticipate full resolution by early May. The Company is also finalizing research partnerships with external membrane and catalyst developers to integrate these elements into the architecture of the Company’s nanoparticle-based hydrogen generator units. SunHydrogen’s sponsored research agreements with the University of Iowa and the University of Michigan are ongoing, with the potential for additional research and product development milestones during the second half of 2022. In 2022 HYSR plans to build on this progress with multiple production-quality prototype demonstrations by the end of the year. Expected product development milestones HYSR has set for Q4 2022 include: 

  • Successful fabrication of semiconductor units at production-quality prototype scales 
  • Successful integration of membranes at production-quality prototype scales 
  • Successful integration of catalysts at production-quality prototype scales 
  • Successful testing and demonstration of production-quality prototype units 

Microcapdaily has been reporting on HYSR for years and we covered it during its historic rise in 2020 leading into 2021 from triple zeroes to $0.34 per share. We covered it June 9, 2020 just as it was taking off out of the triple zeroes stating at the time: (conclusion) 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.  

Earlier this year HYSR signed an agreement with SCHMID Group of Germany to design and define a process platform that enables mass manufacturing of SunHydrogen’s Gen 2 NanoParticle hydrogen panels. Founded in 1864, SCHMID Group employs over 700 professionals working across production sites in Germany, China, Korea, Turkey and the United States. The collaboration is comprised of three key stages: design, evaluation, process evaluation and engineering. Upon its completion, the two parties’ mutual goal is to generate the base for a solid cost estimate, as well as a timeline for building up an industrial scale prototype production with a defined substrate, size, process sequence and throughput requirements. 

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Currently trading at a $142 million market valuation HSYR has 4,271,749,146 shares outstanding more than half of which are restricted out of a total 5 billion authorized shares. While HYSR does have some convertible debt there is not much and with $44.5 million in the treasury the Company is full funded moving forward. While still pre revenue HYSR has developed a breakthrough technology to make renewable hydrogen using sunlight and water which is quickly gaining traction and has seen significant advancements over the past year. It addresses a booming hydrogen generation market size which was USD 142.33 billion in 2019 and is projected to reach USD 208.86 billion by 2027 and a trillion by 2050. HYSR is an exciting story developing in small caps; the stock has momentum, liquidity and a long history of big moves skyrocketing from triple zeroes to $0.44 highs in 2021. At current levels the stock is at the bottom of its range and trading just over 52-week lows with significant catalysts coming in 2022. 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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