HyperSolar Inc (OTCMKTS:HYSR) is on a Bull Run Fueled by Solid Green Tech

HyperSolar Inc (OTCMKTS:HYSR) has seen its shares take a nice jump (over the last month the stock has increased more than 180%) as the innovative new energy company tested a prototype for its flagship hydrogen generator. According to the press, the generator performed exceedingly well running stable under alkaline water for a very impressive 190 hours in standalone catalyst-level testing.

Next, HYSR will test the stability of the device for a period of 1,000 hours, as well as evaluating the overall performance over time, which is critical for commercial development.

“The vision for our first generation renewable hydrogen generator is becoming increasingly clear following the stability and performance testing of this prototype, one that we believe represents the future of a commercial-scale product,” said HyperSolar CEO Tim Young. “For several years, HyperSolar has been focused on the foundational research necessary to establish proprietary technology that is attractive to both commercial partners and leading scientists from around the world. We believe this milestone clearly demonstrates the potential for a commercial low cost renewable hydrogen generator, and look forward to continuous testing designed to increase its efficiency.”

HyperSolar Inc (OTCMKTS:HYSR) 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.

Find out when $HYSR reaches critical levels. Subscribe to FinanceRegistrar.com Right Now by entering your Email in the box below.

According to HYSR, this first generation system is designed to scale up the fully-functional, prototype Solar Hydrogen Panel that HyperSolar first demonstrated last year. The eventual goal for hydrogen production cost under the first generation system is $4.90 per Kg, before pressurization.  As a point of reference, hydrogen dispensed at a hydrogen fueling station in Santa Barbara, CA is $16.80 per Kg.

For 2017, HYSR had no recorded revenues, a trend which has continued from as far back as 2014. In the same period, research and development costs jumped from $12,000 from $0.14 million an indicator that the firm may have increased its investment in innovation and production. As there was no operating income, operating loss for the year was recorded at $0.6 million.

Interestingly, due to income from additional continuing operations, net profit for the year was a whopping $2.2 million, a drop from the prior year net income of $6.0 million but impressive considering the lack of normal revenues.

HyperSolar Inc (OTCMKTS: HYSR) has a market cap of $11.02M and a float of 720.88M. HYSR is also seeing extremely strong volume over the last ten days at 12.32M. We think this is an exciting story and will write updates as soon as more news comes out.  Sign-up for continuing coverage on shares of $HYSR stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $HYSR, either long or short, and we have not been compensated for this article.