HyperSolar Extends Research Agreement with University of Iowa

HyperSolar, Inc. the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, announced today that it has extended its sponsored research agreement with the University of Iowa through May 31, 2019. The new commitment will allow the Company to continue to aggressively pursue a hydrogen production technology process intended to meet the internationally growing demand for renewable hydrogen, fueled by the transportation and materials handling sectors.

Achievements of the Iowa team led by University of Iowa Assistant Professor Dr. Syed Mubeen and HyperSolar CTO Dr. Joun Lee over the previous year that moved HyperSolar closer to commercialization include:

• Completion of one square foot prototype demonstrating increased capability to produce renewable hydrogen utilizing commercially available silicon solar cells
• Significant cost reduction by replacing expensive platinum material components with novel low platinum group metal-free hydrogen evolution catalyst.
• Development and demonstration of a 3-D low-cost earth abundant oxygen evolution catalyst operating and maintaining stability over 1000 hours.
• Filed utility patent protection of its proprietary generator housing design for the safe and highly efficient production of renewable hydrogen.
• Record setting stability test of its proprietary fully integrated photoelectricalchemical hydrogen production device surpassing 294 hours of hydrogen production without any degradation, the longest period recorded.
• Significant gains in HyperSolar second-generation nanoparticle technology through focused R&D.   

“As we move closer to building a full demonstration pilot plant with our first-generation technology, extending the relationship with University of Iowa has been a top priority as they have been instrumental in increasing the speed-to-market for HyperSolar technology,” said Tim Young, CEO of HyperSolar. “We have always understood that the goal for low-cost renewable hydrogen production would require time and patience, yet the capabilities of HyperSolar technology have expanded rapidly, a credit to the University of Iowa as well as our first university partner, University of California, Santa Barbara.”