HyperSolar Sees Growing Market for Hydrogen Powered Aircraft
Flight of First Hydrogen Fuel Cell-Powered Unmanned Aerial Vehicle and Recent Patent Awarded to Airbus for Hydrogen-Powered Hypersonic Passenger Plane Represent Important Milestones for the Use of Hydrogen in Aeronautics
SANTA BARBARA, CA--(Marketwired - August 18, 2015) - HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today commented on recent news from both a well-known commercial airplane manufacturer, as well as researchers who successfully executed the first hydrogen fuel cell-powered unmanned aerial vehicle flight in the Middle East.
A group of researchers at the Department of Mechanical Engineering at the American University of Sharjah (AUS) conducted the fuel cell powered flight, taking place in the United Arab Emirate and Gulf Cooperation Council regions. The plane cruised comfortably during flight duration of approximately ten minutes, powered only by a Proton Exchange Membrane hydrogen fuel cell (PEMFC). The team will now look to pursue further tests related to payload capacity, endurance, and the ability to fly autonomously.
In the commercial space, the U.S. Patent and Trademark Office just awarded a patent to Airbus for a hypersonic passenger plane. The jet is designed to utilize rocket engines to propel to supersonic speeds, where hydrogen-powered wing mounted ramjets would engage to propel the jet to its destination. While still under development, the plane could potentially fly from New York to London in an hour, and from Paris to Tokyo in under three hours.
"While these technologies are not yet available, we see great potential for the use of hydrogen fuel cell technology in the aeronautics space," said Tim Young, CEO of HyperSolar. "These recent news events have occurred due to the global commitment to hydrogen fuel innovation spanning industries including consumer automobile, transportation, industrial, and more. It is our belief that the R&D efforts surrounding new hydrogen technologies will result in an increased demand for hydrogen fuel, one that HyperSolar can potentially leverage upon its own technology's commercialization."
HyperSolar's research is centered on developing a low-cost and submersible hydrogen production particle that can split water molecules under the sun, emulating the core functions of photosynthesis. Each particle is a complete hydrogen generator that contains a novel high voltage solar cell bonded to chemical catalysts by a proprietary encapsulation coating. A video of an early proof-of-concept prototype can be viewed at http://hypersolar.com/application.php
About HyperSolar, Inc.
HyperSolar is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles. To learn more about HyperSolar, please visit our website at www.hypersolar.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, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. 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, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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August 18, 2015 03:30 ET (07:30 GMT)