Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 12

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 1
Chunk 12
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 IP no longer aligned with our future developments.

On August 7, 2024, we filed a provisional patent
application titled “CdTe Photovoltaic Module Systems and Methods for Autonomous Water Electrolysis.” This intellectual property
(IP) covers the design and manufacturing processes of fully integrated solar hydrogen modules, utilizing existing infrastructure from
the photovoltaic (PV) industry. The protected IP facilitates the immediate commercial production of these modules, accelerating their
entry into the market for rapid adoption.

On November 25, 2024,
we filed a provisional patent application titled “Photoelectrochemical Reactor for Hydrogen Production.” This intellectual
property covers the design and manufacturing method of a photoelectrochemical reactor, including its internal hydrogen module and external
housing unit.

On August 6, 2025, we
filed a non-provisional and PCT patent application titled “CdTe Photovoltaic Module Systems and Methods for Autonomous Water Electrolysis”
with the U.S. Patent and Trademark Office (USPTO). This utility patent application is based on the provisional patent application filed
on August 7, 2024.

Market Opportunity

Hydrogen is emerging as a foundational element
of the global clean energy transition, delivering solutions where fossil fuels fall short—environmentally, economically, and in
adaptability. Deloitte projects that the renewable hydrogen market could reach $1.4 trillion per year by 2050, driven by rising demand
for decarbonization across sectors (Deloitte, 2023 Renewable Hydrogen Outlook). According to the Net Zero Tracker (Net Zero Tracker, 2024
Stocktake), around 148 countries have adopted some form of net-zero target, varying in legal status and scope. Hydrogen is increasingly
recognized as a critical technology for decarbonizing transportation, high-grade industrial heat, chemical feedstocks (e.g., refining,
ammonia, methanol), and power generation (Hydrogen Council, 2025).

Momentum is accelerating

The International Energy Agency (IEA) forecasts $7.8 billion in clean
hydrogen investment in 2025—a 70% increase over 2024—with projects at the Final Investment Decision (FID) stage set to expand
production capacity to 7.5 million tonnes annually by 2035 (Hydrogen Insight, 2025).

Costs are dropping, markets are expanding

IEA’s Net Zero Emissions by 2050 scenario indicates that low-emissions