SunHydrogen Inc (HYSR) Financial

SunHydrogen, Inc. engages in the generation and marketing of renewable energy. The company is headquartered in Coralville, Iowa and currently employs 7 full-time employees. The company went IPO on 2010-05-27. Its SunHydrogen Panel technology, in development, uses sunlight and any source of water to produce low-cost green hydrogen. By developing, acquiring and partnering with other critical technologies, it intends to enable emission-free hydrogen production for all industrial applications such as fertilizer and petroleum refining as well as fuel cell applications for mobility and data centers. Its technology utilizes two approaches to produce renewable hydrogen from water, leaving behind only clean oxygen as a byproduct: Nanoparticle-Based Photoelectrosynthetically Active Heterostructures (PAH) and Thin-Film PV Cell-Based Hydrogen Modules. Its microscopic PAH nanoparticles function like tiny machines that mimic the natural process of photosynthesis within a plant cell. The company is also developing hydrogen modules in collaboration with CTF Solar, using commercially available thin-film photovoltaic (PV) technology.