SunHydrogen enters joint development agreement with Honda R&D to co-develop hydrogen panels

SUNHYDROGEN, INC.

Agreement signed July 22, 2024 with Honda R&D Co., Ltd. to jointly develop hydrogen panel products.
Scope includes Housing Unit, Hydrogen Reactor, Hydrogen Panel, and Hydrogen Array.
IP will be jointly owned; Honda can use product IP but not component IP for fuel/chemical production.
SunHydrogen can use component IP but not product IP for development; no financial terms disclosed.

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