NewHydrogen Advances with ThermoLoop™ Technology Uplisting – Transforming the Green Hydrogen Landscape
Key Ideas
- NewHydrogen, Inc. achieves an important milestone by uplisting to the OTCQB Venture Market, enhancing transparency and credibility in its development of ThermoLoop™ technology.
- The company's ThermoLoop™ technology aims to revolutionize the production of green hydrogen by utilizing water and heat, thereby reducing costs and reliance on expensive green electricity.
- Through this uplisting, NewHydrogen expects to attract a wider range of investors, enhance stock liquidity, and progress towards commercializing its innovative ThermoLoop platform.
- The company collaborates with UC Santa Barbara's research team to drive the advancement of green hydrogen production, contributing to the future potential $12 trillion green hydrogen economy as estimated by Goldman Sachs.
NewHydrogen, Inc., based in Santa Clarita, California, recently made a significant announcement regarding the uplisting of its common stock to the OTCQB Venture Market. This uplisting, effective April 21, 2025, signifies a crucial step in enhancing the company's transparency and credibility as it progresses in developing its ThermoLoop™ technology. ThermoLoop™ is a groundbreaking innovation that utilizes water and heat instead of electricity to produce the world's cheapest green hydrogen.
The company's CEO, Steve Hill, emphasized the importance of this milestone, highlighting NewHydrogen's dedication to transparency, robust governance, and delivering long-term value to its shareholders. The move to the OTCQB Venture Market is expected to broaden the company's exposure to a more diverse group of U.S. and international investors, paving the way for improved stock liquidity while advancing the ThermoLoop platform towards commercialization.
NewHydrogen's focus on developing green hydrogen is fueled by the belief that hydrogen is a crucial element for various industries, including agriculture, transportation, and manufacturing. By using heat directly for water splitting, NewHydrogen aims to significantly decrease the cost of green hydrogen production, which is currently heavily reliant on expensive green electricity. The company's approach also aligns with the global shift towards sustainable energy solutions, utilizing renewable heat sources like concentrated solar, geothermal, and industrial waste heat to drive the low-cost thermochemical water splitting process.
Collaborating with UC Santa Barbara's renowned research team, NewHydrogen is dedicated to playing a pivotal role in the green hydrogen economy's growth. The company's efforts contribute to the vision of a future market valued at $12 trillion for green hydrogen, as estimated by Goldman Sachs. Through innovation, strategic partnerships, and a commitment to sustainability, NewHydrogen is positioning itself as a key player in reshaping the green hydrogen landscape.