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SunHydrogen to Explore Scale-Up With COTEC, Leader in Industrial Electroplating
SunHydrogen to Explore Scale-Up With COTEC, Leader in Industrial Electroplating.
About this update from Sunhydrogen Inc.
[{"type":"text","content":"\n SunHydrogen CEO Tim Young and COTEC CEO Ju-Won Choi formally signed the Memorandum of Understanding on July 5, 2023. CORALVILLE, IA, July 11, 2023 (GLOBE NEWSWIRE) -- SunHydrogen, Inc. (OTC: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that it has entered into a Memorandum of Understanding (MOU) with COTEC to explore the development and optimization of industrial electroplating solutions for SunHydrogen’s semiconductor deposition, a fundamental component of the Company’s nanoparticle technology. Located in Changwon, South Korea, COTEC is a leader in industrial electroplating and electrochemical processes and is well-positioned to collaborate with SunHydrogen in this critical aspect of the Company’s scale-up process. COTEC possesses extensive plating expertise across the aerospace, automotive, defense and nuclear industries, and has worked with high-level clients such as Boeing, Hanwha, Airbus and more. Within one of SunHydrogen’s hydrogen generators, billions of patented Photoelectrosynthetically Active Heterostructure (PAH) nanoparticles per square centimeter split apart water to generate hydrogen and oxygen. These PAH nanoparticles are composed of multiple layers of solar cells. The high-voltage, high-light absorbing properties of the solar cells enable the Company to make them ultrathin and with significantly fewer materials, lowering costs and raising efficiency. Together, SunHydrogen and COTEC will explore the development and implementation of  electroplating solutions to translate the existing PAH architecture and process to manufacturing scale while maintaining low cost and high efficiency. “As SunHydrogen has built relationships with a growing group of industrial partners over the past several years, we’ve learned that our scale-up process is most effective when we take a diversified approach that allows for specialized expertise to be directed to the many individual components of our technology,” said SunHydrogen’s CEO Tim Young. “This is evidenced by our recent announcement of the approval of $3.1 million in funding for Project NanoPEC, a 3-year initiative that will bring us together with six partners in Germany to accelerate our scale-up process,” Mr. Young continued. “...