Core Insights - NewHydrogen, Inc. has made significant advancements in developing its ThermoLoop technology, which aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [2][4][6] - The company has outlined its milestones achieved in 2025 and plans for further development in 2026, including partnerships and technology integration with small modular reactors (SMRs) [3][5] Milestones Achieved in 2025 - NewHydrogen has collaborated with the University of California Santa Barbara (UCSB) to develop ThermoLoop, a thermochemical process that reduces hydrogen production costs by utilizing inexpensive heat [2][4] - The company publicly disclosed the science behind ThermoLoop, highlighting its scalability and cost advantages over conventional electrolyzer technology [4] - Two patent applications were filed in the U.S. with UCSB for innovative hydrogen production processes, focusing on thermochemical methods for water splitting [4] - NewHydrogen's common stock began trading on the OTCQB Venture Market under the ticker symbol "NEWH," enhancing visibility and liquidity for investors [4] - The company appointed key personnel, including a Chief Technology Officer and a Director of Process Engineering, to advance its technology [4] Future Plans for 2026 - NewHydrogen aims to explore improved material systems and chemical process designs for scalable hydrogen production from water [3] - The company plans to integrate ThermoLoop with current and future conventional and nuclear power plants, particularly SMRs, to create multi-output clean energy facilities [4][5] - Partnerships with SMR technology companies are being fostered to enhance project economics by producing both electricity and hydrogen from the same heat source [5] - The CEO expressed optimism about bringing ThermoLoop to market, emphasizing the significant market opportunity for clean hydrogen solutions [5] Industry Context - Hydrogen is essential for various industries, including fertilizers, transportation, oil refining, and steel production, with current production methods relying heavily on hydrocarbons [6] - The clean hydrogen market is projected to have a future market value of $12 trillion, indicating substantial growth potential as industries adopt new technologies [6]
NewHydrogen Reports Significant 2025 ThermoLoop™ Progress
Globenewswire·2025-12-16 08:30