# NewHydrogen, Inc.

NewHydrogen, Inc. is an Asset Manager based in Santa Barbara, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Santa Barbara, United States
- **Region:** North America
- **Address:** Santa Barbara, CA, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** newhydrogeninc.com

## Regulatory record

- **Reports private funds:** No

## About

NewHydrogen was founded in 2007 and is led by CEO David Lee, who joined the company in 2019. The firm operates as a technology developer rather than a hydrogen producer, focusing on a proprietary thermochemical water-splitting method that uses heat rather than electrolysis. Its core innovation involves a low-cost catalyst system designed to reduce the capital expense of green hydrogen generation. The company's strategy centers on licensing its technology to industrial partners rather than building and operating its own production facilities. It has publicly stated a goal of achieving hydrogen production costs below $1 per kilogram. As of 2024, NewHydrogen employed a small team focused on R&D and partnership development. The firm maintains its headquarters in Santa Barbara, California. In October 2023, NewHydrogen announced a collaboration with the University of California, Santa Barbara to advance its thermochemical catalyst research. No additional offices or adjacent vehicles have been disclosed. NewHydrogen's structural differentiator is its deliberate avoidance of electrolysis, the dominant green hydrogen production method. Instead, it pursues a thermochemical pathway that, if successful, could bypass the critical mineral supply chains and cost constraints limiting electrolysis-based hydrogen. This high-risk, high-reward approach distinguishes it from most other green hydrogen developers, which are primarily electrolyzer manufacturers or project developers.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- Industrial Tech

## People

- David Lee — CEO

## Questions

### What is NewHydrogen's business model?

NewHydrogen intends to license its thermochemical technology to industrial partners rather than build and operate hydrogen production plants. The company generates revenue through licensing fees and grants, funding its R&D through public equity offerings.

### Who are the key executives at NewHydrogen?

CEO David Lee leads the company. He joined NewHydrogen in 2019. The firm has not publicly disclosed a full executive team or board composition beyond filings.

### Has NewHydrogen commercialized any products?

As of 2024, NewHydrogen had not commercialized a product or deployed a commercial-scale reactor. The company remains in the research and development phase, working on catalyst optimization and small-scale proof-of-concept testing.

### How is NewHydrogen funded?

NewHydrogen is publicly traded on the OTC market and funds its operations through equity offerings and grants. It does not manage external capital from family offices or institutional investors.

### Does NewHydrogen have any commercial partners?

NewHydrogen has announced research collaborations with academic institutions, including the University of California, Santa Barbara, but has not disclosed any commercial licensing agreements or industrial partnerships as of 2024.

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Last updated: 2026-08-11T02:43:31.692Z

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