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Heliogen has successfully completed its merger with Athena Technology Acquisition Corp (ATHN), gaining approximately
Heliogen, a leader in AI-enabled concentrated solar energy, has announced a collaboration with CarbonCapture to develop direct air capture (DAC) facilities powered by Heliogen's sustainable energy solutions. The partnership aims to integrate Heliogen's modular solar power and thermal storage systems with CarbonCapture's carbon removal technology, enhancing efficiency in carbon removal processes. Both companies share a vision for decarbonization, targeting industrial emissions and atmospheric CO2 removal, respectively.
Heliogen has secured a $39 million award from the U.S. Department of Energy to develop a commercial-scale facility utilizing its innovative AI-enabled concentrated solar power technology in California. This funding will enhance their system, which integrates an AI-powered heliostat field with a supercritical carbon dioxide (sCO2) power cycle, to deliver efficient, near 24/7 carbon-free electricity. Heliogen aims to revolutionize renewable energy production, significantly contributing to the clean energy transition.
Heliogen announces a breakthrough in renewable energy technology with the introduction of ICARUS, an autonomous robot designed for installation and maintenance of solar facilities. The system, tested at the Lancaster, California facility, aims to reduce costs and deployment time for concentrated solar power systems. ICARUS utilizes advanced technologies such as GPS and LIDAR for autonomous operations, enabling efficient cleaning of mirrored heliostats and precise installations. Expected deployment across full-scale facilities by 2023 reflects Heliogen's commitment to revolutionizing solar energy.
Athena Technology Acquisition Corp. (NYSE: ATHN) has filed its definitive proxy statement for a business combination with Heliogen, Inc., an AI-enabled concentrated solar power company. The Proxy Statement, which will be mailed to stockholders of record as of November 23, 2021, outlines voting instructions for the Special Meeting on December 28, 2021. If approved, the merger will trade under the new ticker symbol 'HLGN.' Stockholders are urged to vote by December 27, 2021, to ensure their shares are represented.
Heliogen, a leader in AI-enabled concentrated solar power, announced nominations of Stacey Abrams and Phyllis Newhouse to its Board of Directors, contingent on its business combination with Athena Technology Acquisition Corp. (NYSE: ATHN). The leadership of Abrams and Newhouse brings significant expertise aimed at enhancing Heliogen's mission of transitioning the world to solar energy. Abrams has a strong background in economic advancement and climate advocacy, while Newhouse brings experience in cybersecurity and executive leadership. The combination is positioned to strengthen Heliogen's global technology scale.
Heliogen has announced the nomination of Julie Kane and Robert Kavner to its Board of Directors, pending the completion of its business combination with Athena Technology Acquisition Corp. (NYSE: ATHN). This move aims to bolster the board's expertise in public company governance and finance. Kane, with extensive legal and compliance experience, and Kavner, a seasoned venture capital investor and former AT&T executive, are expected to enhance Heliogen's strategic direction in AI-enabled concentrated solar technology.
Heliogen and Bloom Energy Corporation (NYSE: BE) successfully demonstrated a combined technology for producing green hydrogen in
Heliogen, Inc. has announced the nomination of David Crane and Paddy Padmanathan to its Board of Directors as part of its business combination with Athena Technology Acquisition Corp. (NYSE: ATHN). Crane, former CEO of NRG, and Padmanathan, president of ACWA Power, bring extensive experience in renewable energy. Their expertise is expected to aid Heliogen in scaling its AI-enabled concentrated solar power technologies, supporting the company's goal to decarbonize heavy industry.
