Company Description
NewHydrogen, Inc. (NEWH) is described as the developer of ThermoLoop™, a thermochemical water-splitting technology that uses water and heat, rather than electricity, to produce what the company characterizes as the world’s lowest-cost or cheapest clean or green hydrogen. The company’s common stock trades on the OTCQB Venture Market under the ticker symbol NEWH.
According to NewHydrogen, hydrogen is a key input for fertilizers, transportation, oil refining, and the production of steel, glass, pharmaceuticals and other industrial materials. The company emphasizes that most hydrogen is currently produced from hydrocarbons such as coal, oil and natural gas, which it describes as dirty and limited resources. In contrast, NewHydrogen highlights water as an infinite and renewable worldwide resource and positions ThermoLoop as a way to use heat directly to split water into hydrogen and oxygen.
ThermoLoop™ technology focus
NewHydrogen states that ThermoLoop is a novel low-cost thermochemical process that uses inexpensive heat instead of expensive electricity to reduce the cost of clean or green hydrogen production. The process is described as using unique or advanced solid-state materials in a cyclic reaction with water vapor to produce hydrogen and oxygen. The company notes that this approach is being developed to address what it calls the fundamental cost challenge in clean hydrogen production, where electricity is said to account for a large share of production costs in electrolyzer-based systems.
The company contrasts ThermoLoop with conventional electrolyzers, which it describes as old, expensive and electricity-intensive technology. NewHydrogen presents ThermoLoop as a heat-based alternative that can, in its view, potentially outperform electrolyzers on a cost-per-kilogram basis and operate continuously wherever suitable heat and water are available.
Heat sources and integration with power plants
NewHydrogen’s disclosures describe multiple potential sources of heat for ThermoLoop, including concentrated solar, geothermal, industrial waste heat, and nuclear reactors. The company’s technical team has reported preliminary design and economic studies on integrating ThermoLoop with current and future power plants, and has identified these plants as potential sources of constant and reliable baseload heat and high-temperature steam.
The company highlights Small Modular Reactors (SMRs) as a particularly strong pairing for ThermoLoop, describing SMRs as compact nuclear reactors that can provide continuous high-temperature heat. NewHydrogen has publicly discussed the possibility of retrofitting ThermoLoop into existing and future coal, gas and nuclear power plants, and has described integration with such plants as a way to enable around-the-clock production or cogeneration of clean hydrogen alongside electricity.
Collaboration with UC Santa Barbara
NewHydrogen reports that it is funding a sponsored research program at the University of California, Santa Barbara (UCSB) to develop ThermoLoop. A UCSB technology team, including named researchers in the company’s news releases, has been working on entropy-driven thermochemical water splitting and on materials that use heat to produce hydrogen and oxygen in a cyclic process with water vapor.
The company notes that it has jointly filed patent applications in the United States with the University of California, Santa Barbara for its hydrogen production process. These patent filings, as described in NewHydrogen’s announcements, cover coupled multi-phase oxidation-reduction methods for splitting water into hydrogen and oxygen without relying on electrolyzers, as well as improved materials and methods for thermochemical looping and an isothermal hydrogen process.
Development stage and milestones
NewHydrogen characterizes ThermoLoop as being under development and has described a progression from laboratory research to a lab benchtop unit. The company has reported the first production of clean hydrogen using a functioning ThermoLoop lab benchtop unit, with hydrogen produced in real time in a continuous looping reaction. It has also released a special report and video demonstration showing this lab-scale system and describing it as a significant milestone and value inflection point.
The company has outlined a pathway from laboratory demonstration toward pilot-scale and pre-commercial process designs. NewHydrogen’s communications describe ongoing work on materials, reactors and chemical process designs for thermochemical cycles that could be scaled into processes for cost-effective hydrogen production from water, and they refer to goals of pilot-scale demonstrations and eventual commercialization.
Research and engineering team
NewHydrogen’s news releases highlight a technical team that includes researchers at UC Santa Barbara and engineering staff at the company. The UCSB team is described as working on thermochemical water splitting and advanced catalytic science and reactor engineering. Within NewHydrogen, roles such as Chief Technology Officer, Director of Process Engineering, Senior Chemical Engineer and other technical positions are referenced in connection with process modeling, materials-driven process development, dynamic reactor operation, and scale-up from lab to pilot and pre-commercial designs.
Hydrogen market context as described by the company
In its own materials, NewHydrogen positions ThermoLoop within what it calls the clean or green hydrogen economy. The company cites external estimates that assign a large potential future market value to the hydrogen economy and presents ThermoLoop as a technology intended to help enable that market by reducing production costs. It also refers to the existing hydrogen market being largely fossil-fuel-based and notes that hydrogen is already widely used in industrial and agricultural applications.
NewHydrogen’s communications emphasize that, in its view, using heat directly to split water can avoid the need to generate large amounts of clean electricity for electrolyzers and can therefore fundamentally lower the cost of clean or green hydrogen. The company presents ThermoLoop as an approach that could be paired with large-scale heat sources such as power plants and SMRs to produce hydrogen continuously and at scale.
Stock and market classification
NewHydrogen, Inc. is associated in the provided data with the symbol NEWH and is described as trading on the OTCQB Venture Market. The industry classification given in the input data is Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing within the broader Manufacturing sector, while the company’s own descriptions focus on thermochemical hydrogen production technology and related research and development activities.
Key points for NEWH stock research
- NewHydrogen describes itself as the developer of ThermoLoop, a thermochemical water-splitting technology that uses heat and water to produce clean or green hydrogen.
- The company emphasizes the goal of producing what it calls the world’s lowest-cost or cheapest clean or green hydrogen by reducing reliance on electricity.
- It reports a sponsored research collaboration with the University of California, Santa Barbara and joint patent filings related to its hydrogen production process and materials.
- NewHydrogen has described laboratory milestones, including a lab benchtop unit that produces hydrogen in real time in a continuous looping reaction.
- The company discusses potential integration of ThermoLoop with existing and future power plants, including coal, gas, nuclear and Small Modular Reactors, as sources of heat.
- Its common stock is reported as trading on the OTCQB Venture Market under the ticker NEWH.
FAQs about NewHydrogen, Inc. (NEWH)
What does NewHydrogen, Inc. do?
According to the company’s own descriptions, NewHydrogen is developing ThermoLoop, a thermochemical water-splitting technology that uses water and heat instead of electricity to produce clean or green hydrogen at what it describes as very low cost.
How does ThermoLoop differ from electrolyzers?
NewHydrogen states that conventional electrolyzers use electricity to split water into hydrogen and oxygen, and that electricity accounts for a large portion of clean or green hydrogen production costs. ThermoLoop is described as using inexpensive heat directly in a thermochemical process, which the company believes can reduce reliance on electricity and lower overall production costs.
What role does UC Santa Barbara play in NewHydrogen’s technology?
The company reports that it is funding a sponsored research program at the University of California, Santa Barbara. A UCSB technology team is described as working with NewHydrogen on entropy-driven thermochemical water splitting, materials development, and process design for the ThermoLoop technology.
What patents has NewHydrogen reported related to ThermoLoop?
NewHydrogen has announced that it jointly filed patent applications in the United States with the University of California, Santa Barbara. These filings, as described by the company, cover coupled multi-phase oxidation-reduction methods for water splitting, improved materials and methods for thermochemical looping, and an isothermal hydrogen process.
How does NewHydrogen plan to power ThermoLoop?
In its announcements, NewHydrogen identifies multiple potential heat sources for ThermoLoop, including concentrated solar, geothermal, industrial waste heat, and nuclear reactors. It has also discussed integrating ThermoLoop with current and future power plants, and has highlighted Small Modular Reactors and other power plants as potential sources of constant and reliable baseload heat and high-temperature steam.
What development milestones has NewHydrogen reported?
The company has reported the first production of clean hydrogen using a ThermoLoop lab benchtop unit and has released a special report and video demonstration of this system. It describes this as a major milestone and a step toward scaling the technology from the laboratory toward pilot-scale and pre-commercial process designs.
On which market does NEWH trade?
NewHydrogen has stated that its common stock trades on the OTCQB Venture Market under the ticker symbol NEWH.
How does NewHydrogen describe its target market?
NewHydrogen refers to the clean or green hydrogen economy and cites external estimates of its potential future market value. The company positions ThermoLoop as a technology intended to help enable large-scale clean or green hydrogen production by addressing cost and scalability challenges associated with electricity-based methods.