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Repost from Stocktwits, courtesy of Sadhst
NantWorks, NantG power, ..... Botswana. His visit with the president of Botswana and his shares accumulation recently over 28 mil shares. Who is our “White knight”?
Blast-Off is imminent!
''Heliogen Transitions to Testing, Secures Contract and Award.''
$HLGN
a leading provider of AI-enabled concentrating solar energy technology
Selected to receive an additional $4.1 million award from the DOE
Mkt cap - 47M
Share Price - 0.245c
cash per share - 0.80c
book value per share - 0.80c
cash - $121.9 MILLION (remember mkt cap Is 47M lmao)
Insiders buying at 0.21c-0.25c as of latest form 4 and 13A
Recent Highlights
•Completed the preliminary design and secured a site for the “Proxima” green hydrogen project in Lancaster, CA
•Achieved successful accumulation of over 125 hours of operational life and 25 miles travelled on the ChariotAV, Heliogen’s autonomous cleaning vehicle
•Following the leadership transition of Heliogen’s CEO in February 2023, announced Strategic Plan and formed Board-level Corporate Strategy Committee to oversee the implementation of Heliogen’s long-range strategic plan and specific strategic initiatives
Dollars incoming!!
Dollars incoming!!
Could be a Dollar Stock. 52-wk high is $6.
Heliogen Announces Updates to Strengthen Its Board and Drive Implementation of Strategic Plan and Growth Initiatives
March 06 2023
https://ih.advfn.com/stock-market/NYSE/heliogen-HLGN/stock-news/90428250/heliogen-announces-updates-to-strengthen-its-board
Announces appointment of Roger A. Lazarus to Board – veteran financial services executive brings decades of management, operational and financial experience across developed and emerging markets
Board establishes Corporate Strategy Committee to advise and oversee execution of key strategic pillars to improve shareholder value
Heliogen, Inc. (NYSE: HLGN) (the “Company”), a leading provider of AI-enabled concentrating solar energy technology, today announced updates to its Board of Directors (the “Board”) to accelerate the successful implementation of the Company’s strategic plan, pursue growth initiatives and enhance value for shareholders.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230306005764/en/
(Photo: Business Wire)
Roger A. Lazarus has been appointed a member of the Board, effective March 2, 2023. Mr. Lazarus, a Chartered Accountant (ICAEW), brings valuable financial and operational expertise across both developed and emerging markets. He will serve on the Board’s Audit and Compensation Committees.
Additionally, the Board has established a new Corporate Strategy Committee (the “Committee”) to work with Heliogen’s management team to advise and oversee management’s process for implementing the Company’s strategic priorities and growth initiatives, immediately targeted at (1) sales of the Company’s steam product for use in industrial processes and in green hydrogen production and (2) installation of commercial-scale projects. The Committee is chaired by director and industrial energy transition veteran Barbara Burger, and includes Christie Obiaya, Heliogen’s Chief Executive Officer, and directors Stacey Abrams and Paddy Padmanathan.
Further, director Julie M. Kane has been elected chair of the Board.
“I am committed to working closely with our Corporate Strategy Committee as we focus on executing our strategic plan and propelling our growth initiatives forward,” said Christie Obiaya. “The Committee’s engagement will be invaluable as we tackle the key pillars of our business strategy. With our world-class team and Board, we are poised to scale our groundbreaking concentrated solar thermal technology to decarbonize industry and deliver value to our shareholders.”
“The entire Board is pleased to welcome Roger as a director to support our mission of changing the world by decarbonizing industry,” said Julie Kane. “Roger brings a wealth of finance and business expertise, along with a more than three-decade track record as an experienced leader, operator and strategist in emerging markets. I am confident we will benefit from his valuable perspectives as we execute on our strategic plan and continue to grow Heliogen into a global leader in industrial decarbonization.”
“I am excited to join Heliogen’s Board at such a pivotal time for the Company," said Roger Lazarus. “I am energized to work alongside this top-notch group of individuals united by the same mission to accelerate the global energy transition, and I look forward to bringing my finance, operational and management experience to bear as Heliogen continues to execute on its global growth strategy.”
Roger A. Lazarus Biography
Mr. Lazarus is a recognized global business executive, with a proven track record of Board and C-suite experience and business unit leadership roles for a range of emerging and established businesses, as well as multi-country transaction advisory expertise. He is currently the Chief Financial Officer of Chain Bridge I, a NASDAQ listed special purpose acquisition company, and is also a venture partner to Marcy Venture Partners and its portfolio companies. Mr. Lazarus joined Ernst & Young LLP in Boston as a partner in 1997 advising on acquisitions and investments for corporate and private equity clients. During his 23-year career with Ernst & Young, he served in a variety of roles, including as the Chief Operating Officer (“COO”) and Board member of Ernst & Young’s LatAm North region, where he managed internal operations and oversaw financial and operating reporting for 13 countries, as a managing partner and COO of Ernst & Young Colombia, and as the managing partner of Ernst & Young´s West Region Transactions service-line. Mr. Lazarus is a director and the chair of the Audit Committee and Compensation Committee of LatAm Logistic Properties S.R.L, a 3PL real estate developer in Costa Rica, Colombia and Peru. He is chair of the Audit Committee of the Goldman Environmental Foundation, the sponsor of the annual Goldman Environmental Prize. Mr. Lazarus is a Chartered Accountant (ICAEW), holds a BA with honors in Economics from the University of York, England and completed the international certification of the Institute of Directors (London, England) in 2020.
About Heliogen
Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable civilization. The company’s concentrating solar energy and thermal storage systems aim to deliver carbon-free heat, steam, power, or green hydrogen at scale to support round-the-clock industrial operations. Powered by AI, computer vision and robotics, Heliogen is focused on providing robust clean energy solutions that accelerate the transition to renewable energy, without compromising reliability, availability, or cost. For more information about Heliogen, please visit heliogen.com.
Recent tweet and video.
Heliogen Announces New Chief Executive Officer to Drive Next Phase of Growth
February 6, 2023 - 5:58 pm
https://www.stocktitan.net/news/HLGN/heliogen-announces-new-chief-executive-officer-to-drive-next-phase-iohk4tgoasak.html
Summary
Christie Obiaya appointed Chief Executive Officer bringing her strategy and finance expertise to drive Heliogen’s growth and commercialization; Kelly Rosser appointed interim Chief Financial Officer
PASADENA, Calif.Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of Directors (the “Board”) has appointed Christie Obiaya as Chief Executive Officer and added Ms. Obiaya to the board of directors, effective immediately. Ms. Obiaya, head of Heliogen’s Executive Committee and formerly its Chief Financial Officer, replaces Bill Gross, who was removed as Chief Executive Officer and has resigned from the board of directors.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230206005665/en/
(Photo: Business Wire)
“As Heliogen moves forward on commercial projects, Christie brings almost two decades of operational and financial experience, with degrees and a working background in both business and engineering,” said Robert Kavner, Heliogen’s lead independent director. “Having served as Chief Financial Officer of Heliogen and chair of the executive committee, she is intimately familiar with our innovative renewable energy technology, our customers, and the priorities to drive our future success. This knowledge, together with her experience growing and managing energy and infrastructure development and sustainable technologies, make her the right person to take on these additional responsibilities. Christie, together with the rest of Heliogen’s management team, will focus on and advance the company’s strategic plan.”
Ms. Obiaya joined Heliogen in March 2021 as Chief Financial Officer and has worked closely with the Company’s management team on commercializing its solar energy and thermal storage systems technology. Prior to joining Heliogen, Ms. Obiaya served as the head of strategy and chief financial officer for Bechtel Energy’s multi-billion-dollar, global energy business unit from 2017 to 2021. She also held various leadership roles at Bechtel in finance, strategy, project development, investment, and execution from 2010 to 2017. Prior to Bechtel, Ms. Obiaya worked on renewable energy projects in Kenya and India from 2008 to 2009. Ms. Obiaya began her career as an engineer, designing products and scaling up manufacturing processes at a multinational consumer goods company from 2004 to 2008. Ms. Obiaya graduated from the Massachusetts Institute of Technology (MIT) with a B.S. in Chemical Engineering and an MBA from MIT Sloan School of Management.
“I am honored to have the opportunity to lead the company as we bring Heliogen’s renewable energy technology to customers looking to decarbonize their operations,” said Ms. Obiaya. “I look forward to bringing together Heliogen’s exceptional talent with our industry partners, and to delivering with excellence for our customers, employees, and stockholders.”
“On behalf of the Board, I would like to thank Bill Gross for his founding vision of Heliogen and providing the Company a platform for future success,” stated Mr. Kavner.
As part of the leadership transition, Kelly Rosser has been appointed interim Chief Financial Officer. Ms. Rosser has served as Heliogen’s Chief Accounting Officer since August 2022. Ms. Rosser brings over 20 years of financial executive experience as chief accounting officer, corporate controller, and auditing public companies.
About Heliogen
Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable civilization. The company’s concentrating solar energy and thermal storage systems aim to deliver carbon-free heat, steam, power, or green hydrogen at scale to support round-the-clock industrial operations. Powered by AI, computer vision and robotics, Heliogen is focused on providing robust clean energy solutions that accelerate the transition to renewable energy, without compromising reliability, availability, or cost. For more information about Heliogen, please visit heliogen.com.
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