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Wednesday, October 5, 2022

Sunhydrogen Inc (OTCMKTS: HYSR) Under Accumulation as Co Provides First Look at Prototype for its Nanoparticle-Based Green Hydrogen Technology

Sunhydrogen Inc (OTCMKTS: HYSR) is hovering over $0.03 as investors wait on another test of $0.051 reached at the end of July. 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.  HYSR is very well funded moving forward with about $52 million in cash ($42mm cash) and marketable securities 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.  

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. Last week the Company provided a first look at the prototype design for its forthcoming nanoparticle-based green hydrogen technology. The images can be viewed by visiting the Company’s news feed. SunHydrogen’s prototype design carefully integrates the Company’s proprietary catalysts, light absorber and membrane integration assembly. The panel housing is built from lightweight, stable, modular materials that are easily scalable for mass manufacturing. Additionally, the design allows for efficient use of sunlight to maximize hydrogen production during the day with minimal water consumption. Once the prototype design is realized, the Company’s scientific team will begin evaluating its performance and individual design elements to ensure efficient hydrogen production and collection. 

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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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On September 6 HYSR provided a first look at the prototype design for its forthcoming nanoparticle-based green hydrogen technology. The images can be viewed by visiting the Company’s news feed. SunHydrogen’s prototype design carefully integrates the Company’s proprietary catalysts, light absorber and membrane integration assembly. The panel housing is built from lightweight, stable, modular materials that are easily scalable for mass manufacturing. Additionally, the design allows for efficient use of sunlight to maximize hydrogen production during the day with minimal water consumption. 

SunHydrogen’s nanoparticle technology directly uses the electrical charges created by sunlight to generate hydrogen when the Sun is shining. However, when the Sun is not shining, this prototype is also able to power the catalyst and membrane integration assembly using renewable grid electricity from wind or hydropower sources. Once the prototype design is realized, the Company’s scientific team will begin evaluating its performance and individual design elements to ensure efficient hydrogen production and collection. 

SunHydrogen’s Chief Scientific Officer Dr. Syed Mubeen stated: “Within an individual SunHydrogen panel, billions of microscopic nanoparticles are splitting apart water at the molecular level to produce hydrogen and oxygen. What you see in the rendered images is a single prototype panel contained in protective housing. In a future hydrogen production plant or farm, our panels would be scaled up in dimension to form a larger, more powerful array. Essentially, this prototype shows a small-scale version of both our technology and its housing. The completion of this initial prototype design marks another milestone in our path to commercializing our nanoparticle technology. We look forward to sharing additional updates with our shareholders and supporters as we continue working toward our 2022 goals.” 

Earlier this year HYSR shared its 2022 targets which include: 

On March 28, SunHydrogen shared a Q1 update detailing the developmental milestones required for a production-quality prototype of the company’s nanoparticle-based green hydrogen technology by the end of Q4 2022. These targets included: 

  • 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 

SunHydrogen is pleased to share that it remains on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology by the end of Q4 2022.

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Currently trading at a $146 million market valuation HSYR has 4.2 billion out of 10 billion authorized shares outstanding. The Company is well funded moving forward with $42 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. Last week the Company provided a first look at the prototype design for its forthcoming nanoparticle-based green hydrogen technology. The images can be viewed by visiting the Company’s news feed.  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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