HyperSolar Extends Research Agreement With University of Iowa

 SANTA BARBARA, CA--(Marketwired - April 26, 2016) - HyperSolar, Inc. the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, announced today that it has extended its sponsored research agreement with the University of Iowa through April 30, 2017. The Company seeks to sustain the momentum achieved in scaling up its renewable hydrogen production technology to meet growing market demand.

Led by Dr. Syed Mubeen, the scientific team at the University of Iowa has spurred development of HyperSolar technology. Recent technological milestones include (1) identifying a simple and low-cost process for the manufacturing of solar hydrogen production cells, (2) developing a proprietary coating made of inexpensive earth abundant materials to protect the solar cells during the hydrogen generation process, and (3) identifying a process to produce renewable hydrogen using a low-cost photocatalyst as opposed to more expensive, platinum-based catalysts. The research team has now turned its focus to further demonstrating capabilities at larger scale.

The extension of the sponsored research agreement with the University of Iowa was a critical objective for HyperSolar leadership. Following this announcement, the Company seeks to add an additional member to its scientific research team, effective this year.

"The team at the University of Iowa has been essential to accomplishing the technological advancements we've made since adding them to our research group," said Tim Young, CEO of HyperSolar. "By announcing this year-long extension, we are establishing a continuity in terms of both leadership and experience in working with HyperSolar technology. We are confident that as our scientific team continues to grow, we will achieve our goal of producing low-cost, renewable hydrogen fuel, of which there has been increased demand for generated by an increasing number of potential market applications."