SunHydrogen Well-Capitalized for Nanoparticle-Based Green Hydrogen Technology’s Continued Development Toward Commercialization
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Company will also begin pursuing strategic investments in complementary technologies
SANTA BARBARA, CA, July 19, 2022 (GLOBE NEWSWIRE) — SunHydrogen, Inc. (OTC: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today shared an update detailing the Company’s financial position following the completion of the 2022 fiscal year on June 30.
SunHydrogen reports a financial position of $52 million in cash and cash equivalents on its balance sheet as of June 30, 2022, a number that instills confidence in its executive and scientific teams alike as the Company continues moving toward the…