Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 6

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 1
Chunk 6
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fluid circulation, mechanical interconnections, H₂/O₂ gas handling, and a HAZOP study.

University of Texas at
Austin, Center for Electromechanics (UT-CEM), are our pilot host/operator for the first large-scale, multi-panel system: sixteen 1.92 m²
PEC hydrogen reactors (>30 m² active area) at UT-CEM’s Hydrogen ProtoHub, with ~6-month operation after commissioning.

COTEC is a production
partner for our PAH (Photoelectrosynthetically Active Heterostructures) nanoparticle technology, and Geomatec is a PAH substrate processing
partner.

The National Renewable
Energy Laboratory (NREL) is our thin film PV cell design partner.

Project NanoPEC has brought us together with a
group of six partners at the cutting edge of industry and science in Germany working to accelerate the commercialization of our technology.
These partners include the Fraunhofer Center for Silicon Photovoltaics, WAVELABS Solar Metrology Systems GmbH ,
ECH Elektrochemie Halle GmbH , Zahner-Elektrik ,
Helmholtz-Zentrum Berlin,  and SCHMID Group. SCHMID Group is an additional manufacturing
partner.

4

In addition to Honda R&D Co. Ltd, efforts on
our hydrogen reactor housing design are led by consultants Prof. Kazunari Domen, Dr. Hiroshi Nishiyama, Dr. Taro Yamada, and Prof. Nirala
Singh.

We are working with Heraeus for catalyst optimization,
and lastly, we are working with Strategic Analysis to conduct robust techno-economic analysis of our process.

Finally, while we remain dedicated to our primary
goal of developing our technology to commercialization, we are also passionate about furthering the renewable hydrogen ecosystem through
investment in, and acquisition of, complementary hydrogen technologies.

SunHydrogen is a shareholder in Norway-based TECO
Fuel Cell Technology (formerly TECO 2030), a company that has demonstrated both innovation and resilience in its mission to accelerate
the global transition to zero-emission energy.

In 2024, TECO navigated a restructuring, supported
by AVL, prior management, and its joint-venture partner in India. The newly reestablished entity, headquartered in Oslo now operates under
a licensing model with industrial partners—preserving core technology while optimizing operational efficiency.

TECO has achieved notable technical milestones.
Its