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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 18, 2024
NEWHYDROGEN,
INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-54819 |
|
20-4754291 |
(State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
27936
Vista Canyon Blvd., Suite 202, Santa Clarita, CA 91387
(Address
of principal executive offices and Zip Code)
Registrant’s
telephone number, including area code: (661) 251-0001
N/A
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Ticker
symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events.
On
December 18, 2024, 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.
Vladimir Dvorkin, Assistant Professor of Electrical Engineering and Computer Science at the University of Michigan. 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 December 18, 2024 |
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:
December 19, 2024 |
/s/
David Lee |
|
David
Lee |
|
Chairman
and President |
Exhibit
99.1
New
Hydrogen CEO Steve Hill and University of Michigan Expert Discuss Energy Infrastructure Coordination and Data Security
Dr.
Vladimir Dvorkin shares his experience in coordinating critical infrastructures such as power grid with data centers, safeguarding energy
data privacy, and evolving role of AI
SANTA
CLARITA, Calif. (December 18, 2024) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop™, a breakthrough
technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced a podcast
featuring CEO Steve Hill and Dr. Vladimir Dvorkin, Assistant
Professor of Electrical Engineering and Computer Science at the University of Michigan.
As
for coordinating infrastructure like power grid and data centers, Dr. Dvorkin said, “Data centers are newly emerging pieces of
infrastructure to have a huge impact on power grid. Electrical load can rapidly change due to sudden change of power drawn from AI processing
requirements. Further, emission requirements at various locations may dictate which data centers should take the heavy load at a given
time. It is fortunate that we can change training algorithms for AI loads to minimize the electricity consumption at data centers depending
on what algorithms are being used. We can think of this as smoothing the load profile of disruptive electrical loads with minimum impact
on performance since electricity availability is less dependent on locations than that of natural gas.”
On
data security for public safety, Dr. Dvorkin said, “Data can be very proprietary and very sensitive since electric power system
is a nationally critical infrastructure. We have some models of the grid, but the secrecy of certain information makes it difficult to
manage. That is where modern technology of differential privacy and optimization kicks in. The technology allows us to synthesize actual
power grids without disclosing too much information. It is a game of trade on how much information you want to reveal in order to fine-tune
your trading strategy versus how much resilient system you want.
On
the challenges of integrating AI with our critical infrastructure, Dr. Dvorkin said, “Data center owners like Google, Microsoft,
Amazon need to know projected demand and how much power supply they will need in the long term. Recently the deal between Microsoft and
Three Miles Power Plant is an example of this coordination so they anticipate demand and secure supply up to 20 years ahead. For a short
term, Google talks to local power companies to accommodate peak load and smooth out data center profile during peak hours to minimize
stress on the grid. Also, a power plant may suddenly lose power, and we need the flexibility to accommodate the loss of generation.”
Dr.
Vladimir Dvorkin received a Ph.D. in Electrical Engineering from the Technical University of Denmark. He is currently an Assistant Professor
in the Department of Electrical Engineering and Computer Science at the University of Michigan. Before joining University of Michigan,
Dr. Vladimir was with the Laboratory for Information and Decision Systems (LIDS) and Energy Initiative of the Massachusetts Institute
of Technology as a MSCA postdoctoral fellow. He leads the ⏻ptiML group, where they harness the power of optimization and machine
learning to address the grand challenges of transitioning to digital and carbon-free power and energy systems. Dr. Dvorkin is listed
as a Google Scholar at Vladimir Dvorkin - Google Scholar.
Watch
the full discussion on the NewHydrogen Podcast featuring Dr. Vladimir Dvorkin at
https://newhydrogen.com/videos/ceo-podcast/vladimir-dvorkin-university-of-michigan.
For
more information about NewHydrogen, please visit https://newhydrogen.com/.
About
NewHydrogen, Inc.
NewHydrogen
is developing ThermoLoop™ – a breakthrough technology that uses water and heat rather than electricity 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.
Currently,
the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity
produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost
of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost
of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for
use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, 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
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