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:
“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.”
Date: Jun 19, 2018