SANTA BARBARA, CA, March 13, 2019 (GLOBE NEWSWIRE) -- HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen, using sunlight and any source of water, today announced that it has received the European Patent Office (EPO) decision to grant the patent entitled “Multi-junction artificial photosynthetic cell with enhanced photovoltages”. This patent is jointly held with HyperSolar and the Regents of the University of California, as a result of the collaboration with the University of California, Santa Barbara in developing the technology. Evidence of the granted patent can be viewed here at http://bit.ly/HyperPatentEurope. The company has until June 6, 2019 to designate which countries in Europe it intends to validate the patent.
The patent protects the Company’s Gen 2 proprietary design of a self-contained high-voltage solar hydrogen production device made up of billions of solar-powered water-splitting nanoparticles, per square centimeter. These nanoparticles consist of multiple layers of solar cells that increase the photovoltages of the nanoparticles for higher solar-to-hydrogen conversion efficiency. The nano-sized design of the structure enhances the light absorption by the solar cell thus requiring much less material compared to traditional film solar cells.
The innovative integrated structures of high-density arrays of nano-sized high-voltage solar cells will serve as the core of the company’s future hydrogen production units. The high-voltage, high-light absorbing properties of the nanoparticle solar cells enable production of ultrathin solar cells with significantly lower amount of materials. The nanoparticle solar cells can be produced through a conventional roll-to-roll process which leads to substantially lower materials and manufacturing cost compared to conventional solar cells used in rooftop power applications.
“This patent protects our key technology,” commented HyperSolar’s CEO Tim Young. “With the grant from the European patent office along with existing grants from Australia and the US, and notice of allowance in China, HyperSolar has taken major steps to protect its intellectual property that has the potential to provide widespread access to low-cost green hydrogen to the largest markets in the world. The nanoparticle solar cell is highly-efficient, ultra-thin and light-weight. This enables versatile applications of the solar hydrogen production device from small to large scale.”
HyperSolar’s research is focused on developing a completely renewable, low-cost and submersible hydrogen production particle that can split water molecules using the power of 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 detailing the rise of hydrogen fuel technology, as well as HyperSolar’s completely renewable process of hydrogen fuel production can be viewed by visiting here.
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.