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NewHydrogen CEO Steve Hill and CEO of Hydrogen-Powered Drone Manufacturer Discuss Hydrogen Applications in Aerial Technology

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NewHydrogen, Inc. (OTCMKTS:NEWH), developer of ThermoLoop™ technology for cheap green hydrogen production, hosted a podcast featuring CEO Steve Hill and Bentzion Levinson, CEO of Heven Drones. Levinson, a former Israeli military commander, is revolutionizing the drone industry with hydrogen-powered aircraft. Heven Drones' models can carry up to 70 pounds and fly for 4-10 hours on a single tank, addressing limitations of battery-powered drones.

The company is the sole supplier of hydrogen-powered drones to the Israeli government and collaborates with partners in the US and internationally. Levinson emphasized the importance of cost-effective hydrogen production, highlighting potential collaboration with companies like NewHydrogen to support the growth of the hydrogen economy.

NewHydrogen, Inc. (OTCMKTS:NEWH), sviluppatore della tecnologia ThermoLoop™ per la produzione economica di idrogeno verde, ha ospitato un podcast con il CEO Steve Hill e Bentzion Levinson, CEO di Heven Drones. Levinson, ex comandante militare israeliano, sta rivoluzionando l'industria dei droni con aerei alimentati a idrogeno. I modelli di Heven Drones possono trasportare fino a 70 libbre e volare per 4-10 ore con un singolo serbatoio, affrontando le limitazioni dei droni alimentati a batteria.

L'azienda è il fornitore esclusivo di droni a idrogeno per il governo israeliano e collabora con partner negli Stati Uniti e a livello internazionale. Levinson ha sottolineato l'importanza di una produzione di idrogeno a costi contenuti, evidenziando una potenziale collaborazione con aziende come NewHydrogen per supportare la crescita dell'economia dell'idrogeno.

NewHydrogen, Inc. (OTCMKTS:NEWH), desarrollador de la tecnología ThermoLoop™ para la producción económica de hidrógeno verde, presentó un podcast con el CEO Steve Hill y Bentzion Levinson, CEO de Heven Drones. Levinson, un ex comandante militar israelí, está revolucionando la industria de los drones con aeronaves propulsadas por hidrógeno. Los modelos de Heven Drones pueden llevar hasta 70 libras y volar durante 4-10 horas con un solo tanque, abordando las limitaciones de los drones alimentados por batería.

La empresa es el único proveedor de drones propulsados por hidrógeno para el gobierno israelí y colabora con socios en los EE. UU. e internacionalmente. Levinson enfatizó la importancia de una producción de hidrógeno rentable, destacando la posible colaboración con empresas como NewHydrogen para apoyar el crecimiento de la economía del hidrógeno.

NewHydrogen, Inc. (OTCMKTS:NEWH)는 저렴한 친환경 수소 생산을 위한 ThermoLoop™ 기술의 개발사로, CEO인 Steve Hill과 Heven Drones의 CEO인 Bentzion Levinson이 출연한 팟캐스트를 개최했습니다. Levinson은 전 이스라엘 군 사령관으로서 수소로 구동되는 항공기로 드론 산업을 혁신하고 있습니다. Heven Drones의 모델은 최대 70파운드를 운반할 수 있으며, 한 번의 탱크로 4-10시간 비행이 가능해 배터리 구동 드론의 한계를 극복합니다.

이 회사는 이스라엘 정부에 수소로 구동되는 드론을 독점 공급하는 업체입니다며, 미국 및 국제적으로 협력 파트너와 협력하고 있습니다. Levinson은 비용 효과적인 수소 생산의 중요성을 강조하며, NewHydrogen와 같은 회사들과의 협력을 통해 수소 경제의 성장을 지원할 수 있는 가능성을 언급했습니다.

NewHydrogen, Inc. (OTCMKTS:NEWH), développeur de la technologie ThermoLoop™ pour la production économique d'hydrogène vert, a organisé un podcast avec le PDG Steve Hill et Bentzion Levinson, PDG de Heven Drones. Levinson, ancien commandant militaire israélien, révolutionne l'industrie des drones avec des aéronefs alimentés à l'hydrogène. Les modèles de Heven Drones peuvent transporter jusqu'à 70 livres et voler pendant 4 à 10 heures avec un seul réservoir, traitant ainsi les limitations des drones alimentés par batterie.

L'entreprise est le fournisseur exclusif de drones alimentés à l'hydrogène pour le gouvernement israélien et collabore avec des partenaires aux États-Unis et à l'international. Levinson a souligné l'importance d'une production d'hydrogène rentable, mettant en avant une éventuelle collaboration avec des entreprises comme NewHydrogen pour soutenir la croissance de l'économie de l'hydrogène.

NewHydrogen, Inc. (OTCMKTS:NEWH), Entwickler der ThermoLoop™-Technologie zur preiswerten Produktion von grünem Wasserstoff, hat einen Podcast mit CEO Steve Hill und Bentzion Levinson, CEO von Heven Drones, veranstaltet. Levinson, ein ehemaliger israelischer Militärkommandeur, revolutioniert die Drohnenindustrie mit wasserstoffbetriebenen Flugzeugen. Die Modelle von Heven Drones können bis zu 70 Pfund tragen und 4-10 Stunden mit einem einzigen Tank fliegen, wodurch die Einschränkungen von batteriebetriebenen Drohnen angegangen werden.

Das Unternehmen ist der einzige Anbieter von wasserstoffbetriebenen Drohnen für die israelische Regierung und arbeitet mit Partnern in den USA und international zusammen. Levinson betonte die Bedeutung einer kosteneffektiven Wasserstoffproduktion und hob die möglichen Kooperationen mit Unternehmen wie NewHydrogen hervor, um das Wachstum der Wasserstoffwirtschaft zu unterstützen.

Positive
  • NewHydrogen's ThermoLoop™ technology produces cheap green hydrogen using water and heat
  • Heven Drones' hydrogen-powered drones offer longer flight times (4-10 hours) compared to battery-powered alternatives
  • Heven Drones is the sole supplier of hydrogen-powered drones to the Israeli government
  • Potential collaboration between NewHydrogen and Heven Drones could support growth in the hydrogen economy
Negative
  • Current high cost of hydrogen is a challenge for widespread adoption in drone technology

Bentzion Levinson presents his innovative hydrogen drone technology and the need for affordable green hydrogen production

SANTA CLARITA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop, a breakthrough technology that produces the world's cheapest green hydrogen using water and heat instead of electricity, today announced a podcast featuring CEO Steve Hill and Bentzion Levinson, CEO and founder of Heven Drones. Levinson, a former Israeli military commander, is revolutionizing the drone industry with hydrogen-powered aircraft.

Inspired by a project to extinguish agricultural fires in Israel, Levinson recognized the limitations of battery-powered drones, particularly their short flight times, leading to the development of Heven Drones' innovative technology. "We realized that if we wanted to bring our vision to life, we needed to fly for hours, not minutes," said Levinson. "Hydrogen fuel cells offer amazing energy density, quiet operation, and a clean energy source."

Heven Drones' hydrogen-powered models can carry up to 70 pounds and fly for 4 to 10 hours on a single tank. The company is currently the sole supplier of hydrogen-powered drones to the Israeli government and collaborates with key partners in the US and internationally.

By transforming traditional methods of aerial surveillance, logistics, and emergency response, Heven Drones is establishing itself as a leader in the expanding drone industry. The company's versatile family of drones offers a compelling value proposition for businesses and government agencies, positioning it at the forefront of sector innovation.

"We believe that for hydrogen to take off, the value proposition has to be there," added Levinson. "The cost factor is a big challenge with hydrogen today, but we're working on it. Collaboration with companies like NewHydrogen is essential to support the growth of the hydrogen economy."

As Heven Drones continues to innovate and expand its product line, the company is poised to shape the future of drone technology. With its commitment to sustainability and the development of advanced aerial systems, Heven Drones is paving the way for a future where these aircraft become an integral part of daily life.

Bentzion Levinson, a former Israeli Military commander and Stanford University Executive Leadership alum, founded Heven Drones in 2019 with a vision to create an actionable drone ecosystem that optimizes various industries. His commitment to driving meaningful change through technology is evident in his leadership of a national project in Israel, where he guided an expert team in detecting and extinguishing agricultural fires that were devastating farms. Heven Drones aims to revolutionize sectors such as emergency response, smart cities, agriculture, logistics, construction, defense, and species conservation, showcasing Ben's dedication to leveraging innovative solutions for wide-ranging applications.

Watch the full discussion on the NewHydrogen Podcast featuring Bentzion Levinson at https://newhydrogen.com/videos/ceo-podcast/bentzion-levinson-founder-and-ceo-at-heven-drones.

For more information about NewHydrogen, please visit https://newhydrogen.com/.

About NewHydrogen, Inc.

NewHydrogen is developing ThermoLoop – a breakthrough technology that uses water and heat rather than electricity to produce the world’s lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource.

Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact:

NewHydrogen, Inc.
ir@newhydrogen.com


FAQ

What is NewHydrogen's (NEWH) ThermoLoop™ technology?

ThermoLoop™ is NewHydrogen's breakthrough technology that produces the world's cheapest green hydrogen using water and heat instead of electricity.

How long can Heven Drones' hydrogen-powered drones fly?

Heven Drones' hydrogen-powered models can fly for 4 to 10 hours on a single tank.

What is the payload capacity of Heven Drones' hydrogen-powered drones?

Heven Drones' hydrogen-powered drones can carry up to 70 pounds.

Who is the main customer of Heven Drones for hydrogen-powered drones?

Heven Drones is currently the sole supplier of hydrogen-powered drones to the Israeli government.

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