Bentzion Levinson presents his innovative hydrogen drone technology and the need for affordable green hydrogen production
SANTA CLARITA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop™, a breakthrough technology that produces the world’s cheapest green hydrogen using water and heat instead of electricity, today announced a podcast featuring CEO Steve Hill and Bentzion Levinson, CEO and founder of Heven Drones. Levinson, a former Israeli military commander, is revolutionizing the drone industry with hydrogen-powered aircraft.
Inspired by a project to extinguish agricultural fires in Israel, Levinson recognized the limitations of battery-powered drones, particularly their short flight times, leading to the development of Heven Drones’ innovative technology. “We realized that if we wanted to bring our vision to life, we needed to fly for hours, not minutes,” said Levinson. “Hydrogen fuel cells offer amazing energy density, quiet operation, and a clean energy source.”
Heven Drones’ hydrogen-powered models can carry up to 70 pounds and fly for 4 to 10 hours on a single tank. The company is currently the sole supplier of hydrogen-powered drones to the Israeli government and collaborates with key partners in the US and internationally.
By transforming traditional methods of aerial surveillance, logistics, and emergency response, Heven Drones is establishing itself as a leader in the expanding drone industry. The company’s versatile family of drones offers a compelling value proposition for businesses and government agencies, positioning it at the forefront of sector innovation.
“We believe that for hydrogen to take off, the value proposition has to be there,” added Levinson. “The cost factor is a big challenge with hydrogen today, but we’re working on it. Collaboration with companies like NewHydrogen is essential to support the growth of the hydrogen economy.”
As Heven Drones continues to innovate and expand its product line, the company is poised to shape the future of drone technology. With its commitment to sustainability and the development of advanced aerial systems, Heven Drones is paving the way for a future where these aircraft become an integral part of daily life.
Bentzion Levinson, a former Israeli Military commander and Stanford University Executive Leadership alum, founded Heven Drones in 2019 with a vision to create an actionable drone ecosystem that optimizes various industries. His commitment to driving meaningful change through technology is evident in his leadership of a national project in Israel, where he guided an expert team in detecting and extinguishing agricultural fires that were devastating farms. Heven Drones aims to revolutionize sectors such as emergency response, smart cities, agriculture, logistics, construction, defense, and species conservation, showcasing Ben’s dedication to leveraging innovative solutions for wide-ranging applications.
Watch the full discussion on the NewHydrogen Podcast featuring Bentzion Levinson at https://newhydrogen.com/videos/ceo-podcast/bentzion-levinson-founder-and-ceo-at-heven-drones.
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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