HyperSolar Enjoys "Hyper" Price Gain

Technology is at its best when it can move into other areas. Such progress is being enjoyed these days by Santa Barbara, Calif-based HyperSolar, Inc. (OTC:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water,

HyperSolar today told the world that development of its Gen 1 hydrogen generation system has progressed to the point at which it can move from the lab to manufacturing engineering before full commercial production of the hydrogen panels. This, the company insists, will lead the way to HYSR’s first pilot-scale solar-hydrogen farm.

Said CEO Tim Young, "Our research team at the University of Iowa has now prepared us to enter the manufacturing stage of Gen 1 development.

"We are now working with manufacturers’ engineering process which is meant to produce the highest quality hydrogen panel for the lowest possible cost. Because things could move very quickly now, we are currently considering a number of potential partners and sites for the first pilot plant."

This excitement was reflected in the stock’s price (up 6.7% to 48-100ths of a cent) and volume (with 5.9 million shares flying off the shelves).