Developing a Breakthrough Technology that Uses Water and Heat Instead of Electricity to Produce the World’s Cheapest Clean Hydrogen
Stock Symbol: NEWHWe are developing ThermoLoop®, a breakthrough technology to produce the world’s cheapest clean hydrogen.
It will use abundantly available water as a feedstock.
It will use inexpensive heat rather than expensive electricity to split the water into hydrogen.
It can potentially reduce the cost of hydrogen production by 73% by eliminating electricity used in existing electrolyzers.
We will take advantage of a simple low-cost design.
According to Goldman Sachs, clean hydrogen is a massive once in a lifetime $12 trillion market opportunity.
Developing a breakthrough technology requires a creative research team that has extensive materials and clean energy experience. Our research team at UC Santa Barbara is a perfect fit.
UCSB is ranked one of the top research universities in the world and a global leader in bioengineering, chemical and computational engineering, materials science, nanotechnology and physics.
UCSB boasts 6 Nobel Laureates (five in sciences and engineering) and one winner of the prestigious Millennium Technology Prize.
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