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Wednesday, October 5, 2022

Sunhydrogen Inc (OTCMKTS: HYSR) Green Renewable Hydrogen Using Sunlight and Water (Production-Quality Prototype set for Q4, 2022)

Sunhydrogen Inc (OTCMKTS: HYSR) volume has picked up substantially over the past 2 weeks to over $300,000 per day average and the stock is starting to see some movement again. HYSR is a stock with a long history of big moves starting in 2014 and continuing onward with the most recent run up in early 2021 to highs of $0.34 per share. The stock also has a significant shareholder base and when HYSR heats up investors pay attention. The demand for Hydrogen continues to increase at a rapid rate with the current global fuel cell market estimated to be worth $170 billion. Large oil Companies such as BP are also ramping up their hydrogen investments. Currently Hydrogen supplies less than 5% of the World’s energy but some estimates suggest if may represent up to 25% of the Worlds energy by 2050 representing a $2.5 trillion market opportunity. 

SunHydrogen continues to make progress toward multiple planned 2022 milestones and is on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology by the end of Q4 2022. HYSR has made progress on membrane integration and is currently working with two industrial partners, Ionomr Innovations and Chromis Technologies, to integrate both proton exchange membranes (PEM) and anion exchange membranes (AEM) into its proprietary substrates and evaluate performance metrics for sustainable hydrogen production. Additionally, SunHydrogen is working with new industrial partners Optimum Anode of California and RuC2N of South Korea, as well as with existing partner the University of Michigan, to achieve successful catalyst integration and identify the best catalyst for hydrogen and oxygen production.  HYSR also continues to work with SCHMID Group of Germany to design and engineer its panel housing, a critical system element that ensures safe and efficient hydrogen collection. HYSR is very well funded moving forward with $52 million in cash and cash equivalents on its balance sheet as of June 30, 2022, a number that instills confidence in its executive and scientific teams alike as the Company continues moving toward the commercialization of its nanoparticle-based green hydrogen technology. SunHydrogen is currently at a critical developmental juncture with the goal of a production-quality prototype set for the end of 2022. 

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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 the Company’s low-cost method to produce renewable hydrogen, HYSR intends to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles. 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 SunHydrogen solution offers an efficient and cost-effective way to produce truly green hydrogen using sunlight and any source of water. The Company’s core 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, HYSR believes it has developed a low-cost method to potentially produce environmentally friendly renewable hydrogen. With a target cost of $2.50/kg., HYSR aspires for its technology to be cost-competitive with brown hydrogen and below the cost of clean hydrogen competitors.   

Powered by solar energy, billions of microscopic nanoparticles split apart water at the molecular level, extracting hydrogen for use as a clean energy source and leaving behind only clean oxygen as a byproduct. This process is similar to what happens inside a plant cell during photosynthesis: Each Photoelectrochemically Active Heterostructures (or PAH) nanoparticle is a microscopic machine, composed of multiple layers enabling the solar electrolysis reaction to take place.  

Sunhydrogen, Producing Hydrogen Using Sunlight, Retains Inredox to Support Design and Production of GEN2 Materials - Hydrogen CentralHYSR has a growing intellectual property portfolio securing its first patent in 2017 covering the structural design of Photoelectrochemically Active Heterostructures (PAH) US Patent No. 9,593,053B1. In 2018 the Company was issued another patent covering the method for manufacturing PAH US Patent No. 9,593,053B2. Patents covering the Company’s semiconductor designs have been issued in Australia in April of 2018, China and Europe in March of 2019, and in the U.S. as United States Patent No. 10,100,415 in October of 2018. A patent application is currently pending in India.  On September 26, 2016, the Company filed jointly with the University of Iowa a provisional application for “Integrated Membrane Solar Fuel Production Assembly.” Also on September 26, 2017, HSYR filed a PCT Application that was later nationalized in the U.S. on March 26, 2019. The U.S. patent application for this important invention is pending and prosecution is ongoing.  

The global hydrogen market is large and growing rapidly. Over 110 countries have set goals to achieve net-zero emissions by 2050, and as governments look to clean energy sources to help them meet their targets, hydrogen is emerging as a promising solution. It is estimated that nearly 25% of global energy will come from clean hydrogen alone by 2050 a tenfold increase from today, which could bring in a projected $2.5 trillion in annual revenues (Source: Bank of America Securities, New Energy Behind Green Hydrogen).  

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SunHydrogen continues to make progress toward multiple planned 2022 milestones. The Company is on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology by the end of Q4 2022. During Q1 the Company’s foremost achievement was the successful fabrication of one of its two proprietary semiconductor units at production-quality prototype scale. The Company has thoroughly tested its ability for hydrogen production using sunlight and water containing organics derived from biomass resources. 

SunHydrogen partners with SCHMID Group – The Leading Solar Magazine In IndiaSunHydrogen has also made progress on membrane integration and is currently working with two industrial partners, Ionomr Innovations and Chromis Technologies, to integrate both proton exchange membranes (PEM) and anion exchange membranes (AEM) into its proprietary substrates and evaluate performance metrics for sustainable hydrogen production. Additionally, SunHydrogen is working with new industrial partners Optimum Anode of California and RuC2N of South Korea, as well as with existing partner the University of Michigan, to achieve successful catalyst integration and identify the best catalyst for hydrogen and oxygen production. 

SunHydrogen also continues to work with SCHMID Group of Germany to design and engineer its panel housing, a critical system element that ensures safe and efficient hydrogen collection. The company’s nanoparticle-based hydrogen generators, integrated with membrane and catalyst, will be housed in production-quality prototype units for hydrogen demonstration purposes. 

On July 19 HYSR shared an update detailing the Company’s financial position following the completion of the 2022 fiscal year on June 30. SunHydrogen reports a financial position of $52 million in cash and cash equivalents on its balance sheet as of June 30, 2022, a number that instills confidence in its executive and scientific teams alike as the Company continues moving toward the commercialization of its nanoparticle-based green hydrogen technology. SunHydrogen is currently at a critical developmental juncture with the goal of a production-quality prototype set for the end of 2022. 

The Company’s investment strategy will be led by Chief Operating Officer Woosuk Kim, who formerly served as Senior Vice President and Head of the M&A Group at Seoul-based SK Innovation. Mr. Kim has executed over $4 billion in mergers, acquisitions and joint ventures throughout his career. SunHydrogen’s full annual report will be available in accordance with SEC regulations in September 2022. 

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Currently trading at a $153 million market valuation HSYR has 4.2 billion out of 10 billion authorized shares outstanding. The Company is well funded moving forward with $52 million in the treasury and $7.4 million in marketable securities on $39.5 million in liabilities and the Company is pre revenue. HYSR is an exciting story developing in small caps addressing 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. SunHydrogen continues to make progress toward multiple planned 2022 milestones and is on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology by the end of Q4 2022. At current levels the stock is at the bottom of its range and trading just over 52-week lows. Microcapdaily covered HSYR in our article (Sunhydrogen Inc (OTCMKTS: HYSR) A Rising Bull) on July 29, 2020 when the stock was sub $0.01 just as it was taking off on its run to $0.34 highs in early 2021 and we will be updating on HSYR so make sure you are subscribed to Microcapdaily.

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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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