By Tom Ballard, Chief Alliance Officer, Pershing Yoakley & Associates, P.C.
“It’s a new but dormant technology that was tucked away in a corner for years,” Jon Barnwell of One Scientific, Inc. told us recently about the inaugural product the new company is pursuing.
The Co-Founder and Vice President of the Johnson City-based start-up was referring to its Catalytic Hydrogen Production System or CHPS, pronounced, “chips.” CHPS is a cost-effective technology for providing very efficient hydrogen gas all over the world where there is access to water.
“The technology is something Michael conceived and built in the 1970s,” Barnwell said, referring to Founder and Inventor Michael Redwine. “It remained hidden because it was unsafe.”
Now, nearly four decades later, the team at One Scientific believes it can overcome earlier concerns about safety that made commercialization of the technology challenging, if not impractical.
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