SANTA BARBARA, Calif.--(BUSINESS WIRE)--HyperSolar, Inc. (OTCBB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen and natural gas using water and solar power, today announced that it has entered into a year-long sponsored research agreement with the University of California, Santa Barbara (UCSB) to help achieve important milestones in the company’s development plan.
“We are very excited about this opportunity to gain access to the talents and state-of-the-art facilities of one of the world’s top universities for scientific impact,” said Tim Young, CEO of HyperSolar. “UCSB is world renown for its scientific accomplishments. The Center for Science and Technologies Studies at Leiden University in the Netherlands recently ranked UCSB 7th of 500 major universities in the world for scientific impact. This comes on top of many other distinctions the campus has received in recent years, including the award of 5 Nobel prizes to faculty members.”
The agreement with UCSB will enable HyperSolar to refine its solar-powered nanoparticle technology for generating zero carbon hydrogen and renewable natural gas using sunlight, water and carbon dioxide (CO2). The research project will be led by Professor Eric McFarland in the Department of Chemical Engineering at UCSB.
The major milestones in the agreement include: (1) a proof-of-concept heterostructure for hydrogen production using photovoltaic elements; (2) analysis of the feedstock potential of wastewater; (3) a complete photoreactor prototype for sustained hydrogen production; and (4) optimized nanoparticulate heterostructures using low-cost semiconducting materials.
Dr. McFarland commented: “We look forward to assisting HyperSolar with this research project. For almost a century, scientists have tried to ‘split water’ to produce hydrogen and oxygen in a cost effective manner. Researchers around the world have built an enormous knowledge base about the problems and opportunities in renewable hydrogen production which we will draw on. I believe that HyperSolar’s plan to use wastewater as a feedstock for hydrogen and methane production is a very promising approach. Our research team looks forward to applying our experimental knowledge to this very exciting and meaningful project.”
Unlike conventional electrolysis, where hydrogen and oxygen atoms are completely disassociated using a large voltage, HyperSolar designed its reactions to use a very small voltage and only produce hydrogen (H2). By elegantly engineering the reaction kinetics toward H2 generation in conjunction with wastewater, the HyperSolar nanoparticles function as one-way machines that detoxify wastewater, and produce clean water and pure hydrogen in the presence of sunlight. No other energy source is required, making this an extremely economical and commercially viable approach to hydrogen production. This hydrogen can then be combined with captured CO2 to produce renewable, pipeline ready natural gas.
About HyperSolar, Inc.
HyperSolar is developing a breakthrough technology to produce renewable hydrogen and natural gas using sunlight, water and carbon dioxide. These renewable gases can be used as direct replacements for traditional hydrogen and natural gas to power the world, without drilling or fracking, while mitigating CO2 emissions. Inspired by photosynthesis that plants use to effortlessly harness the power of the Sun, we are developing a novel solar-powered nanoparticle system that mimics photosynthesis to produce renewable hydrogen from water. This hydrogen can then be reacted with carbon dioxide in a proprietary low cost reactor to produce methane, the primary component in pipeline natural gas. From sunrise to sunset, our proprietary nanoparticles will work in a water based solution to produce clean and environmentally friendly renewable hydrogen and natural gas that can be collected for use in power plants, industrial plants and vehicles - anywhere and anytime. To learn more about HyperSolar, please visit our website at http://www.HyperSolar.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.