Now Publicly Available
- Stock Symbol: NEWH

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The Electrolyzer Killer

The Problem

The primary way of making green hydrogen today is to split water using green electricity (solar and wind) and electrolyzers.

  • Green electricity is expensive!
  • Electrolyzers are also expensive!
  • Today 73% of the cost of green hydrogen is electricity.
  • Electrolyzers are based on a 200-year-old technology.
  • Now there is a better way!
green-hydrogen

Heat is cheap!

heat
  • Heat can be available everywhere!
    • Concentrated solar
    • Nuclear reactors
    • Waste heat from industrial plants (oil refinery, cement, etc.)
  • Heat based systems are more scalable and have the potential to be cheaper than electrolyzer systems.
  • But using heat to split water has been very difficult and very inefficient.

The Solution

technology
thermoloop

When Temp 1 is close to Temp 2 , system downtime is minimized, and hydrogen production “loops” continuously.

  • Using state-of-the-art artificial intelligence and machine learning tools, we have engineered a novel material with just the right “goldilocks” attributes to enable scalable isothermal reactions.
  • We combined materials from different parts of the periodic table to create this “goldilocks” novel material.

Novel Material

noval

We Designed a Set of Novel Chemical Reactions

chemecial-reactions

We used a new paradigm that exploits the phase change properties of our Novel Material, as it cycles from solid to liquid to gas, and back to solid.

  • It is this phase change that allows us to reduce the temperature difference between the reactions.
  • This is the magic trick that we believe will allow us to achieve highly efficient isothermal reactions to enable continuous production of hydrogen from water.

We combine all these innovations to create ThermoLoop, a highly scalable thermochemical water-splitting system that we believe will produce the world’s cheapest green hydrogen!

  • ThermoLoop is agnostic to the source of heat or water.
  • Couple ThermoLoop with any available source of heat, and we will have a low-cost clean and green hydrogen production machine – anywhere, anytime!

A Highly Scalable Thermochemical Water-Splitting System

Highly-Scalable

thermoloop-logois the Electrolyzer Killer

The thermodynamics of heat systems are more efficient and scalable than electrical systems, such as electrolyzers. We believe we can convert electricity into heat and still outperform electrolyzers.

This makes ThermoLoop a “drop-in replacement” for electrolyzers in applications that have electricity but not heat. With ThermoLoop, there’s no more need for electrolyzers.

Development Plan

devolpment-plan
Remaining Tasks
  • Complete optimization of our Novel Material and reactions
  • Create a lab scale prototype
  • Create a commercial prototype
  • Design and build a commercial scale pilot plant
  • Enter into license / partnership agreements