NewHydrogen, in collaboration with UC Santa Barbara, has filed a patent for its innovative ThermoLoop™ technology, aimed at producing green hydrogen through a novel thermochemical process using water and heat. The technology eliminates the need for costly electrolyzers by leveraging advanced solid-state materials and machine learning-driven material discovery, which allows for lower temperature operations with enhanced efficiency compared to traditional methods. By employing regenerable reactive solids to separate oxidation and reduction reactions, the process mimics electrochemical processes at a lower cost. The patent, titled 'Coupled Multi-Phase Oxidation-Reduction for Production of Chemicals,' is a significant milestone that enhances NewHydrogen's intellectual property portfolio. This breakthrough has the potential to significantly decrease production costs in the green hydrogen sector and opens up a wide range of applications including energy storage, transportation, and industrial uses. Goldman Sachs estimates suggest a substantial market opportunity of $12 trillion in the green hydrogen sector, highlighting the vast potential for this innovative technology.