other material
confidence high
sentiment neutral
materiality 0.60
NewHydrogen terminates UCLA sponsored research; shifts focus to ThermoLoop at UCSB
NewHydrogen, Inc.
- Exercised option Dec 1, 2023 to conclude sponsored research with UCLA effective Dec 31, 2023.
- UCLA research developed non-precious metal OER/HER catalysts using order-of-magnitude less platinum.
- Company may negotiate license for IP from UCLA research.
- Full focus now on developing ThermoLoop technology at UC Santa Barbara.
- CEO Steve Hill podcast with Dr. Pradeep Haldar on green hydrogen cost reduction, DOE Hydrogen Shot goal.