SunHydrogen, a developer of a technology to produce renewable hydrogen using sunlight and water, provided an update to its shareholders from its chief scientific officer, Dr. Syed Mubeen, on the company’s progress toward multiple planned 2022 milestones.
Over the past six months, SunHydrogen expanded its industrial partnerships across the United States, Germany, South Korea, and Japan, and renewed and initiated new collaborations with the University of Iowa and the University of Michigan, respectively.
Since assuming the role of Chief Scientific Officer, Mubeen has worked to expand SunHydrogen’s scientific operations and research capabilities to scale its nanoparticle technology. SunHydrogen said it is now on track to demonstrate a production-quality prototype of its nanoparticle-based green hydrogen technology.
SunHydrogen began 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 its 2022 fiscal year. It hired several new senior engineers and chemists and are in the process of streamlining manufacturing operations, a task made more accessible by increasing personnel.
SunHydrogen is also excited to report positive interim product development progress for the months of January and February. The company successfully validated the manufacturability of growth substrates and deposition recipes at scales needed for production-quality prototype demonstration. It is currently trying to resolve supply chain challenges with some of our feedstocks and anticipate full resolution by early May. It is also finalizing research partnerships with external membrane and catalyst developers to integrate these elements into the architecture of its nanoparticle-based hydrogen generator units.
SunHydrogen’s sponsored research agreements with the University of Iowa and the University of Michigan are ongoing, with the potential for additional research and product development milestones during the second half of 2022.
The company’s plan for the remainder of 2022 is to build on its progress with multiple production-quality prototype demonstrations by the end of the year.
The company has set the following development goals for Q4 2022:
- 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