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CURRENT REPORT
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Item 8.01 Other Events.
On October 11, 2023, NewHydrogen, Inc. (the “Company”) issued a press release announcing that in a recent podcast the Company’s Chief Executive Officer, Steve Hill, spoke with Dr. Johannes Schwank, an eminent authority in physical chemistry and chemical engineering at the University of Michigan, about the future of hydrogen as an energy carrier. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| Exhibit Number | Description | |
| 99.1 | Press Release dated October 11, 2023 | |
| 101 | Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language) | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NewHydrogen, Inc. | |
| Date: October 11, 2023 | /s/ David Lee |
| David Lee | |
| Chairman and President |
Exhibit 99.1
NewHydrogen CEO Steve Hill Interviews Hydrogen Visionary Johannes Schwank
Dr. Johannes Schwank from the University of Michigan shares his optimism about the future of hydrogen as an energy carrier
SANTA CLARITA, Calif. (October 11, 2023) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of a breakthrough technology that uses clean energy and water to produce the world’s cheapest green hydrogen, today announced that in a recent podcast, the Company’s CEO, Steve Hill, spoke with Dr. Johannes Schwank, an eminent authority in physical chemistry and chemical engineering at the University of Michigan, about the future of hydrogen as an energy carrier.
Dr. Schwank’s optimism radiated throughout the conversation. Reflecting on progress since his Congressional testimony in 2003, he noted, “The world is recognizing that we need to get our arms around hydrogen as an energy carrier. And, if I’m not mistaken, just in the last few years, about 20 different countries have finally caught on and developed a national hydrogen strategy.”
After discussing the recent surge of interest in hydrogen, Dr. Schwank said, “I am extremely optimistic ... I think we may look back hopefully in 10, 20 years and see, there was just the beginning of the next major breakthrough.”
The conversation turned to Dr. Schwank’s visionary REFRESCH program, which is focused on revolutionizing ammonia production with green hydrogen and renewable energy. Dr. Schwank said, “We have essentially now an opportunity to rethink to some extent our most carbon intensive industries, and in the chemical arena, of course, the production of ammonia, which is a key ingredient to fertilizer, is not only one of the most energy extensive industries. It’s also the industry that produces the most carbon dioxide emissions. By far, it dwarfs any other process,”
Dr. Schwank’s enthusiasm for the future was palpable, as he underscored the potential of the next generation, “I’m awed to see the creativity and also the passion that our young folks have for making the world a better place, and to have a mindset. I think that makes me extremely hopeful, because if we unleash all these creative minds on the wicked problems that our planet faces only good things can come from it.”
Mr. Hill, concluded, “Dr. Schwank’s inspiring vision reaffirms that the green hydrogen revolution is not just inevitable; it’s a transformative force propelling us towards a sustainable future.”
Dr. Johannes Schwank holds a Ph.D. in Physical Chemistry from Innsbruck University in Austria. He joined the University of Michigan faculty in 1980, where he rose through the ranks and became a Full Professor of Chemical Engineering in 1990. He served as Chairman of the Chemical Engineering Department from 1990 – 1995, as Interim Director of the University of Michigan Energy Institute 2011/2012, and as Director of EMAL (Electron Microbeam Analysis Laboratory), a campus--wide user facility 2013--2015. He holds the James and Judith Street Chair in Chemical Engineering. He is the Director of REFRESCH, an interdisciplinary project that deals with food, energy, and water security in resource–constrained environments. He serves as academic director of the Multidisciplinary Design Program (MDP). He developed several new courses, such as a chemical engineering economics course, a course focused on gas and oil technology, a course on repurposing waste plastic, and a course on alternative energy technologies taught at Chulalongkorn University in Thailand. Dr. Schwank is listed as a Google Scholar at https://scholar.google.com/citations?user=azs-5XkAAAAJ&hl=en
Watch the full discussion on the NewHydrogen Podcast featuring Dr. Johannes Schwank at https://newhydrogen.com/single-video.php?id=ywfKFPCIdHk.
For more information about NewHydrogen, please visit https://newhydrogen.com/.
About NewHydrogen, Inc.
NewHydrogen is developing a breakthrough technology that uses clean energy and water to produce the world’s lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. However, extracting hydrogen from water is an expensive process. Working with research teams at UCLA and UC Santa Barbara, NewHydrogen is helping to advance the green hydrogen revolution. We are developing NewHydrogen ThermoLoop™, a breakthrough water splitting technology that uses clean energy and water to produce unlimited quantities of the world’s cheapest green hydrogen. Our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.
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. 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, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations Contact:
NewHydrogen, Inc.
ir@newhydrogen.com
Cover |
Oct. 11, 2023 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Oct. 11, 2023 |
| Entity File Number | 000-54819 |
| Entity Registrant Name | NEWHYDROGEN, INC. |
| Entity Central Index Key | 0001371128 |
| Entity Tax Identification Number | 20-4754291 |
| Entity Incorporation, State or Country Code | NV |
| Entity Address, Address Line One | 27936 Lost Canyon Road |
| Entity Address, Address Line Two | Suite 202 |
| Entity Address, City or Town | Santa Clarita |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 91387 |
| City Area Code | (661) |
| Local Phone Number | 251-0001 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Entity Emerging Growth Company | false |