HyperSolar, a company developing technology to produce renewable hydrogen using sunlight and water, has announced it has entered into a Memorandum of Understanding (MOU) with Electronic Convergence Division of the Korea Institute of Ceramic Engineering and Technology (KICET) located in Jinju, Korea, to establish a collaborative association for a confidential exchange of technical information, expertise, and assistance.
Courtesy of KICET
The MOU contains an agreement of confidentiality that governs the sharing of information and protects trade secrets of each organisation. KICET is a world-class research organization, the mission of which is to develop and facilitate technology development through creative research and development, integrated business support, and leading policy support so that it contributes to improve the quality of convenient and environment friendly human life. Its principal functions include research and development, testing analysis, evaluation and technology support.
“We are very pleased with our new association with KICET” said Tim Young, CEO of HyperSolar. “Its Electronic Convergence Division is expert at research of unique power generating applications. The organisation has relevant expertise in electroplating technology, an application which will provide a key final building block leading to manufacturing hydrogen panels for our pilot plants and eventual commercialization. Beyond this current focus, we believe that our relationship with KICET will help us realize greater production efficiency with Gen 1 and accelerated development of Gen 2.”