NewHydrogen, Inc., based in Santa Clarita, California, is developing ThermoLoop™, a groundbreaking technology designed to revolutionize the production of green hydrogen. The company's CEO, Steve Hill, highlighted the limitations of traditional electrolyzers and the need for a more efficient solution. ThermoLoop differs from electrolysis by utilizing heat sources to split water into hydrogen and oxygen, offering a more promising and cost-effective approach. The technology's novel materials and reactions enable continuous hydrogen production with high efficiency. ThermoLoop's heat-based thermodynamic efficiency indicates its potential to surpass electrolyzers in cost-effectiveness, posing a direct challenge to the current electrolysis-centric hydrogen production strategy. By focusing on utilizing various heat sources, including concentrated solar and geothermal energy, ThermoLoop aims to drive down the cost of green hydrogen and contribute to the growth of the global hydrogen economy. NewHydrogen's vision is to help establish a green hydrogen economy, estimated to reach a market value of $12 trillion. The company's collaboration with UC Santa Barbara's research team underscores its commitment to advancing sustainable hydrogen production. Through the development of ThermoLoop, NewHydrogen aims to offer a more efficient and scalable alternative to traditional electrolysis, potentially reshaping the future of green hydrogen production.