NewHydrogen’s breakthrough single-atom catalyst shows better performance than platinum in lab studies

Rhea-AI Summary

NewHydrogen, Inc. (OTC:NEWH) announced advancements in its single-atom catalyst technology for alkaline hydrogen electrolyzers, demonstrating superior catalytic ability and stability compared to commercial platinum-based catalysts. Recent tests at UCLA confirm lower overpotential and higher mass activity of the new catalyst, which uses less expensive raw materials. CEO Dr. David Lee emphasized the catalyst's potential as a drop-in replacement for platinum, aiming for incorporation into a full prototype electrolyzer. NewHydrogen plans to deploy its own green hydrogen generator to showcase the economic viability of its innovations.

Positive

• Single-atom catalyst shows higher catalytic ability and stability compared to platinum-based catalysts.
• Lower raw material costs for the new catalyst enhance economic viability of green hydrogen production.
• Plans to incorporate the catalyst into a full prototype electrolyzer signal progress in technology implementation.

Negative

• None.

Company’s low-cost high-performance single-atom catalyst for alkaline hydrogen electrolyzers demonstrated higher catalytic ability and better stability compared to commercial platinum-based catalysts

SANTA CLARITA, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), the developer of a green hydrogen generator, today provided an update on the progress of its catalyst technology aimed to reduce the cost of producing green hydrogen.

The latest results from NewHydrogen’s sponsored research at UCLA show significant progress toward the goal of producing low-cost green hydrogen by replacing or drastically reducing the use of precious metals in electrolyzers. Electrolyzers, the heart of green hydrogen generators, currently rely on expensive rare materials such as iridium and platinum. The Company is focused on developing electrolyzer catalysts that are cheaper and better.

In the recent tests, single-atom catalysts for hydrogen evolution reactions (HER) that do not use platinum were directly compared to commercial platinum-based HER catalysts. Within the practical range of metal loading, the single-atom catalyst has consistently shown to have lower overpotential with higher mass activity. In the stability test, the catalyst was significantly more stable than a commercial platinum-based HER catalyst.

“The high durability over prolonged usage as well as its superior catalytic ability over the commercial platinum-based HER catalysts makes our catalyst an ideal drop-in replacement for platinum in alkaline hydrogen electrolyzers, and more importantly, in the anion exchange membrane (AEM) electrolyzers in the future. Not only is our HER catalyst raw material less expensive than platinum, our single-atom catalyst performs better than platinum,” said Dr. David Lee, CEO of NewHydrogen.

“Going forward, we plan to incorporate this breakthrough catalyst into a full prototype electrolyzer. We will continue to explore additional improvements to maximize the overall performance,” said Dr. Lee.

NewHydrogen recently announced that it will deploy its own green hydrogen generator which will allow it to demonstrate economic viability and new technology under development. Doing so will provide another test site for the Company’s HER catalysts for alkaline electrolyzers.

About NewHydrogen, Inc.

NewHydrogen is developing a breakthrough green hydrogen generator that uses renewable energy to produce low-cost green hydrogen. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. Unfortunately, hydrogen does not exist in its pure form on Earth so it must be extracted from a source that contains hydrogen. For centuries, scientists have known how to split water into hydrogen and oxygen using a simple and elegant device called an electrolyzer. Unfortunately, an electrolyzer – the primary component of a hydrogen generator – is still very expensive. NewHydrogen is developing breakthrough technologies to enable the next generation of low cost electrolyzers. The Company’s initial focus is on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.

To learn more about the company, please visit www.newhydrogen.com.

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:
Tom Becker
NewHydrogen, Inc.
ir@newhydrogen.com
(877) 904-3733

FAQ

What is NewHydrogen's recent achievement regarding its catalyst technology?

NewHydrogen developed a single-atom catalyst that outperforms commercial platinum-based catalysts in both catalytic ability and stability.

How does NewHydrogen's single-atom catalyst impact the cost of green hydrogen production?

The new catalyst uses less expensive raw materials, potentially reducing the overall cost of producing green hydrogen.

What are the future plans for NewHydrogen's catalyst technology?

NewHydrogen plans to incorporate the single-atom catalyst into a full prototype electrolyzer to further test and improve its performance.

What is the significance of the testing done at UCLA for NewHydrogen?

The testing at UCLA demonstrated the advantages of the single-atom catalyst, including lower overpotential and higher mass activity, essential for green hydrogen production.

Why is replacing platinum in electrolyzers important for NewHydrogen?

Replacing platinum with a more affordable catalyst can significantly lower the costs of electrolyzers, making green hydrogen more accessible and economically viable.