Now Publicly Available
- Stock Symbol: NEWH
Hydrogen is the key ingredient in fertilizers needed to grow food for the world.
Hydrogen is used for transportation fuel, refining oil, making steel, glass, pharmaceuticals and more.
Most of the hydrogen today is made from natural gas, a depleting and dirty fossil fuel. This is called gray hydrogen.
We are developing ThermoLoop - a breakthrough technology that uses inexpensive heat and water to make unlimited amounts of cheap green hydrogen.
Our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to be worth $12 trillion.
In most power plants, heat is generated first to run a steam turbine to produce electricity.
By using heat directly we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen.
In most power plants, heat is generated first to run a steam turbine to produce electricity.
Therefore, by using heat directly we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen.