DiagnaMed Holdings Corp., a leader in hydrogen production technologies and AI medical applications, has announced a limited license and option agreement with the Texas Tech University System. This partnership aims to commercialize an innovative technology that produces hydrogen directly from petroleum reservoirs and natural hydrogen fields. Developed by Dr. Qingwang Yuan of Texas Tech University’s HOPE Group in the Edward E. Whitacre, Jr. College of Engineering, this breakthrough integrates hydraulic fracturing with electromagnetic wave heating. It enables hydrogen extraction from light oil, gas, and shale reservoirs and stimulates geologic hydrogen from ultramafic rock formations. With production costs potentially as low as $0.86 per kilogram, the technology aligns with the U.S. Department of Energy’s "Hydrogen Energy Earthshot" initiative targeting $1/kg hydrogen by 2031.

Fabio Chianelli, Chairman and CEO of DiagnaMed, emphasized the collaboration's significance: “This partnership is a pivotal step in advancing hydrogen innovation. By transforming over 25,000 active oil and gas fields globally and repurposing 2-3 million abandoned wells in the U.S., this technology addresses clean energy demands while fostering a sustainable future. DiagnaMed is committed to helping petroleum companies and hydrogen explorers unlock untapped resources, reduce greenhouse gas emissions, and deliver cost-effective, carbon-zero hydrogen.”

This groundbreaking technology redefines hydrogen production by accelerating hydrocarbon cracking, improving energy efficiency, and drastically lowering costs and carbon emissions. Supported by a Techno-Economic Analysis from Argonne National Laboratory, the method offers a sustainable and cost-effective alternative to conventional processes. Reusing existing oil and gas infrastructure further enhances its economic viability, providing hydrogen producers with a competitive edge.

As global demand for hydrogen surges, with the market expected to grow from $262.13 billion in 2024 to $556.56 billion by 2034, DiagnaMed’s commercialization efforts with Texas Tech’s pioneering technology position it as a leader in the clean energy revolution. Together, they are reshaping the energy sector, driving innovation, and supporting the transition to a low-carbon economy.

DiagnaMed Holdings Corp. stands as a prominent innovator at the forefront of hydrogen production technologies and artificial intelligence (AI) solutions for medical applications. The company is dedicated to advancing clean energy initiatives through cutting-edge hydrogen production methods while simultaneously leveraging AI to transform the healthcare landscape. DiagnaMed’s dual focus reflects its commitment to addressing critical global challenges, including sustainable energy and next-generation medical technologies. By integrating innovation and sustainability, the company continues to solidify its position as a leader in driving transformative advancements in both the energy and healthcare sectors.