NewHydrogen
NewHydrogen is a pre-revenue, publicly traded clean energy company developing ThermoLoop, a thermochemical water-splitting process that uses heat directly (rather than electricity) to produce clean hydrogen, targeting power plant and SMR operators as its future licensees.
- Company typePublic
- Founded2021
- HeadquartersSanta Clarita, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What NewHydrogen does
NewHydrogen, Inc. (OTCQB: NEWH), headquartered in Santa Clarita, California and operating with 1-10 employees, is developing ThermoLoop, a thermochemical water-splitting process that produces clean hydrogen by consuming heat directly rather than electricity. The technology exploits near-isothermal reactions of proprietary mixed-metal oxide materials engineered with the assistance of AI and large language models, allowing the process to operate below 1,000 degrees Celsius and remain agnostic to the heat source (concentrated solar, Small Modular Reactor output, or industrial waste heat). The company's core technical assets are joint patent filings with the University of California, Santa Barbara, including an international PCT application covering 158 contracting countries and two provisional U.S. filings; a dedicated engineering test unit is currently being constructed after the technology passed Stage Gate One pre-pilot technical validation in April 2026.
NewHydrogen is positioned as a deep-pre-commercial clean energy venture: it holds no product revenue, has no customers or contracted offtake, and has not yet constructed a pilot hydrogen production plant. Distribution is exclusively direct enterprise engagement with prospective partners for pilot plant construction; target customers are power plant operators, SMR operators (the April 2026 collaboration with NuCube Energy's NuSun microreactor platform is the lead commercial-anchor effort), industrial gas consumers, and ultimately transportation fuel markets. Human capital is anchored by CTO Dr. Eric McFarland (UCSB professor with 25 patents) and Principal Investigator Professor Phillip Christopher, supported by a UCSB Technology Team including Dr. Yikyeom Kim, Dr. Austin Morales, and Dr. Justin Marlowe.
The business model is to license or sell ThermoLoop technology to operators of heat-generating assets rather than to manufacture and sell hydrogen directly. Pricing, contract structures, royalty rates, and unit economics are undisclosed, and the technology has only progressed to its first reported clean hydrogen production in July 2025 and an engineering test unit build in 2026. Capital deployed against this roadmap consists of approximately $10.0 million raised through two offerings in 2021 under the predecessor BioSolar identity, plus ~$1.55 million in earlier venture-style rounds between 2008 and 2013.
NewHydrogen firmographics
Firmographics- Name
- NewHydrogen
- Legal name
- NewHydrogen, Inc.
- Website
- https://newhydrogen.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- NewHydrogen is a pre-revenue, publicly traded clean energy company developing ThermoLoop, a thermochemical water-splitting process that uses heat directly (rather than electricity) to produce clean hydrogen, targeting power plant and SMR operators as its future licensees.
- Ownership category
- akta.pro rank
NewHydrogen industry classification
Industry- Product category
- Clean Hydrogen Production Technology
- NAICS
- Industrial Gas Manufacturing (32512)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)
- akta.pro secondary industry
- Industrial Waste-to-Energy (Non-Hazardous Process Wastes) (EUACAIAI)
Keywords
Where NewHydrogen is headquartered
LocationHeadquarters
- HQ city
- Santa Clarita
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NewHydrogen business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Clean Hydrogen Production Technology Licensing/Sale: The company is developing ThermoLoop technology to produce clean hydrogen. Once commercialized, the technology could be licensed or sold to power plant operators, industrial facilities, and energy companies seeking to produce low-cost clean hydrogen. The company is positioning to engage major industry players for pilot plant construction.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
NewHydrogen product offering
Product offeringCore offering
NewHydrogen is developing ThermoLoop, a breakthrough thermochemical water-splitting technology that uses inexpensive heat instead of expensive electricity to split water and produce clean hydrogen. The process employs near-isothermal reactions using AI-designed mixed-metal oxide materials, enabling hydrogen production below 1000 degrees Celsius. The company is pre-commercial, currently building an engineering test unit to validate commercial pilot plant specifications, with future revenue expected from licensing or selling the technology to power plant operators, industrial facilities, and energy companies.
Product overview
NewHydrogen is developing ThermoLoop, a breakthrough thermochemical water-splitting technology that uses inexpensive heat instead of expensive electricity to produce clean hydrogen. The core technology employs novel mixed-metal oxide materials (developed using AI and machine learning) and near isothermal reactions to enable hydrogen production at temperatures below 1000 degrees Celsius. The company is building an engineering test unit to validate commercial pilot plant specifications. NewHydrogen also produces educational content through its News Commentary video series, CEO Podcasts featuring industry experts, and Short Explainer Videos.
Differentiator
Problem solved
Functional benefit
Products and services
- ThermoLoop A breakthrough thermochemical water-splitting technology that uses inexpensive heat instead of expensive electricity to produce clean hydrogen. It employs near-isothermal reactions and AI/ML-designed mixed-metal oxide materials to enable hydrogen production below 1000 degrees Celsius. Targeted at power plant operators, SMR operators, industrial manufacturers, and the transportation sector for licensing and pilot plant deployment.
Quantifiable outcome
- Power plants currently convert only 35% of input energy to electricity; ThermoLoop can use near 100% of input energy for hydrogen production
- +3 more outcomes
Companies that use NewHydrogen
Customer profileSegments4 records
Ideal customer profiles4 records
NewHydrogen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
NewHydrogen partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- NuCube EnergycoreStrategic collaboration to explore integrating NewHydrogen's ThermoLoop process with NuCube's NuSun microreactor platform capable of delivering carbon-free heat up to 1,100 degrees Celsius. The partnership aims to unlock pathways for producing low-cost, zero-carbon hydrogen at industrial scale. NuCube was selected for the U.S. Department of Energy Launch Pad USA Program.
- University of California, Santa Barbara (UCSB)coreJoint research and patent filing partnership for ThermoLoop technology development. UCSB Technology Team led by Professor Phillip Christopher includes researchers like Dr. Yikyeom Kim, Dr. Austin Morales, and Dr. Justin Marlowe working on cost-effective thermochemical water splitting technology. Dr. Eric McFarland serves as CTO and is a UCSB professor.
- Texas Hydrogen AllianceminorMembership in Texas Hydrogen Alliance committed to accelerating green hydrogen deployment, strengthening NewHydrogen's role in advancing hydrogen adoption and infrastructure within Texas, one of the fastest-growing hydrogen markets in the United States.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
NewHydrogen competitors and assessment
Company assessmentDirect peers
- SunHydrogen: Small-cap public company developing thermochemical and photoelectrochemical water-splitting technology for clean hydrogen production. Closest direct peer in mechanism and stage to NewHydrogen's ThermoLoop approach.
Broad incumbents
- Nel ASA: Established Norwegian electrolyzer manufacturer (alkaline and PEM) supplying industrial-scale hydrogen production equipment globally. A key competitor for any cost-driven clean hydrogen off-taker.
- Electric Hydrogen: Well-capitalized PEM electrolyzer startup targeting low-cost green hydrogen at industrial scale. Represents the primary incumbent technology pathway that ThermoLoop must beat on cost.
- Bloom Energy: Solid oxide fuel cell company producing electricity and hydrogen from natural gas and hydrogen feeds. Comparable in deploying hydrogen-capable industrial energy systems to power and industrial customers.
- Air Products: Global industrial gas major and the world's largest producer of hydrogen, with multi-billion-dollar blue/green hydrogen megaprojects. Sets the scale and cost benchmarks NewHydrogen must ultimately compete against for industrial hydrogen off-takers.
- ITM Power: UK-listed PEM electrolyzer company delivering large-scale green hydrogen production systems for industrial and mobility applications. Comparable target customer base in industrial hydrogen.
- Thyssenkrupp Nucera: Major supplier of alkaline and PEM electrolyzer technology for industrial-scale green hydrogen plants, including partnerships with power and chemical companies globally.
- Plug Power: US-listed hydrogen ecosystem company building PEM electrolyzers, fuel cells, and hydrogen fueling infrastructure. Comparable in serving industrial and mobility hydrogen end-markets.
Emerging players
- Heliogen: Uses AI-enabled concentrated solar thermal to deliver high-temperature carbon-free heat for industrial processes. Comparable as a heat-based clean energy platform; less overlap on water splitting but similar heat-source agnostic approach.
- C-Zero: Develops thermochemical processes (methane pyrolysis) to produce low-cost clean hydrogen and solid carbon. Comparable as an early-stage thermochemical hydrogen producer targeting decarbonization of industrial hydrogen.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
NewHydrogen social profiles
Digital presenceNewHydrogen financial estimates
Financial estimateRevenue estimate
Valuation estimate
NewHydrogen leadership team
Management profileNumber of profiles
Profiles10 records
NewHydrogen funding detail
Funding detailFunding overview
Funding rounds6 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NewHydrogen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NewHydrogen
What does NewHydrogen do?
NewHydrogen is developing ThermoLoop, a breakthrough thermochemical water-splitting technology that uses inexpensive heat instead of expensive electricity to split water and produce clean hydrogen. The process employs near-isothermal reactions using AI-designed mixed-metal oxide materials, enabling hydrogen production below 1000 degrees Celsius. The company is pre-commercial, currently building an engineering test unit to validate commercial pilot plant specifications, with future revenue expected from licensing or selling the technology to power plant operators, industrial facilities, and energy companies.
Is NewHydrogen a public or private company?
NewHydrogen is a public company. It is classified as public and is currently operating.
When was NewHydrogen founded?
NewHydrogen was founded in 2021. It employs 1 to 10 people.
Where is NewHydrogen based?
NewHydrogen is headquartered in Santa Clarita, United States, in the North America region.
How does NewHydrogen make money?
One revenue line is on record: clean Hydrogen Production Technology Licensing/Sale.
Who are NewHydrogen's main competitors?
SunHydrogen is listed as a direct peer. Broad incumbents are Nel ASA, Electric Hydrogen, Bloom Energy, Air Products, ITM Power, Thyssenkrupp Nucera and Plug Power. Emerging players are Heliogen and C-Zero.
Does NewHydrogen have an API?
No public API is recorded for NewHydrogen.
What industry is NewHydrogen in?
NewHydrogen's product category is Clean Hydrogen Production Technology. Its primary akta.pro industry code is EUABAJAF, Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers), with a secondary code of EUACAIAI, Industrial Waste-to-Energy (Non-Hazardous Process Wastes). Its NAICS code is 32512 and its SIC code is 4991.