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NewHydrogen, Inc.
- Market Cap
- Unavailable
- Price
- $0.0152
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.59%
- Volume
- 512.5K
About
NewHydrogen, Inc. (NEWH) is dedicated to innovating sustainable energy solutions. The company's primary focus lies in developing advanced technologies for electrolyzers, specifically aiming to substitute scarce and costly rare earth materials with more readily available and economical resources. This crucial work is intended to accelerate the global shift towards a green hydrogen economy. Established in 2006, the Santa Clarita, California-based firm was formerly known as BioSolar, Inc., before officially changing its name to NewHydrogen, Inc. in April 2021.
Quick stats
Shares outstanding—
Computed float763.4M
Float / sharesUnknown
Cash runway (months)-0.9
Key info
SectorIndustrials
IndustrySolar
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001371128
Websitehttps://newhydrogen.com
AI Summary
AI-generated1/10
minorbullishoperations update
NewHydrogen Reveals Plan for Its Nuclear-Powered Clean Hydrogen Solution to Help Meet $5 Trillion Annual Global Energy Market Demand
NewHydrogen announced a plan to combine its ThermoLoop technology with small modular reactors (SMRs) to produce clean hydrogen at an industrial scale of 1 Gigawatt or greater.
The company stated this thermochemical approach uses nuclear heat to bypass grid constraints and efficiency losses associated with standard electrolyzers.
Citing an IEA report, the release highlighted a projected surge in global energy spending toward $5 trillion by 2030 as a driver for the technology.