Sunhydrogen Inc Stock Price, News & Analysis

SunHydrogen, Inc. (OTC:HYSR) announced progress on its green hydrogen technology at the University of Iowa. The research led to a successful substitute for the toxic surfactant Triton X-100, making the electrochemical process more environmentally friendly. The University team improved maximum solar-to-hydrogen efficiency to slightly above 17%. CEO Tim Young emphasized that these advancements bring the technology closer to commercialization.

SunHydrogen, Inc. (OTC:HYSR) announced the launch of its new website aimed at enhancing its online presence. The site provides detailed information about the company's innovative nanoparticle-based green hydrogen technology and the hydrogen market. It includes dedicated FAQ pages for both investors and general viewers, facilitating better understanding of their initiatives. Odessa Stork, Director of Communications, emphasized the importance of the website as a foundation for future content expansion across social media.

SunHydrogen, Inc. (OTC:HYSR) announced advancements in its nanoparticle hydrogen generation technology on June 1, 2021. The company is collaborating with Schmid Group and InRedox to scale up this innovative technology. They are focusing on testing transparent substrates for nanoparticle growth, crucial for efficient hydrogen production. Despite supply chain challenges, positive progress is noted in acquiring testing equipment and chemicals. The Cooperation Agreement with Schmid has been extended without additional costs, ensuring continued development momentum.

SunHydrogen, Inc. (OTC:HYSR) announced the completion of its demonstration units aimed at producing renewable hydrogen using sunlight and water. In a recent video update, CEO Tim Young highlighted the on-time assembly by Suzhou GH New Energy. These units utilize multi-junction amorphous silicon solar cells and are pivotal in proving the scalability of SunHydrogen's nanoparticle technology. Despite low cell efficiencies, past experiments showed 1000 hours of continuous hydrogen production, indicating progress for future efficiency improvements. The company collaborates with reputable partners to enhance this innovative technology.

SunHydrogen, Inc. (OTC:HYSR) has appointed Woosuk Kim as its new Chief Operating Officer and Board Director, effective immediately. Kim, a seasoned leader with a history of executing over $4 billion in mergers and acquisitions, will spearhead efforts to commercialize SunHydrogen's technology for renewable hydrogen production from sunlight and water. He aims to leverage his global business expertise to enhance operations and drive new partnerships.

The company is optimistic about its growth potential, citing advancements in technology and favorable conditions within the clean energy sector.

SunHydrogen (OTC:HYSR) has partnered with InRedox, a Colorado company, to enhance the scalability of its electrochemical anodization process for manufacturing renewable hydrogen technology. InRedox will focus on the fabrication of essential nanoporous protective layers for GEN 2 manufacturing. This partnership aims to improve efficiency and reduce costs, strengthening SunHydrogen's commercial viability. Dr. Joun Lee emphasized that this collaboration is crucial for expediting development while optimizing the supply chain.

SunHydrogen has announced the kick-off of its partnership with SCHMID to develop a Gen 2 manufacturing process for renewable hydrogen production. Starting March 1, the collaboration focuses on scaling Gen 2 Nanoparticle technology. Key personnel, including Blake Bryson as Manager of Technology Development, are being sent to Germany for knowledge transfer and project oversight. The partnership aims to innovate and optimize hydrogen production through advanced nanoparticle technology, contributing to a sustainable future.

SunHydrogen, Inc. (OTC:HYSR) announces the appointment of Blake Bryson as the Manager of Technology Development, expanding the team focused on its innovative renewable hydrogen technology. Bryson is a chemical engineer with extensive experience in nanoparticle technology from the University of Iowa and will collaborate with the SCHMID Group in Germany. His role will include developing mass manufacturing processes for their Gen 2 NanoParticle hydrogen panels. This move aims to strengthen SunHydrogen's potential in the renewable energy sector.

SunHydrogen, Inc. (OTC: HYSR) announced a registered direct offering to raise approximately $10 million by selling 95,238,096 shares of common stock and warrants for an aggregate of up to 71,428,572 shares. Each unit comprising one share and a warrant is priced at $0.105, with warrants exercisable at $0.12. The offering is expected to close around March 1, 2021, subject to customary conditions. H.C. Wainwright & Co. is the exclusive placement agent. The securities are being offered under a shelf registration statement effective since February 3, 2021.