Idealab

John S. Castle to Receive 2023 M&A Advisor Leadership Award

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- The M&A Advisor, an industry-leading leadership organization covering insights and intelligence on mergers and acquisitions, has announced that John S. Castle, President and CEO of private equity firm Branford Castle Partners, will be recognized as the recipient of the 2023 M&A Advisor Leadership Award.

Key Points: 
  • NEW YORK, Oct. 10, 2023 /PRNewswire/ -- The M&A Advisor, an industry-leading leadership organization covering insights and intelligence on mergers and acquisitions, has announced that John S. Castle, President and CEO of private equity firm Branford Castle Partners, will be recognized as the recipient of the 2023 M&A Advisor Leadership Award.
  • Castle will be honored for his significant contributions to the M&A industry during the 22nd Annual M&A Advisor Awards Gala, a feature of the 2023 Future of Dealmaking Summit , on November 14-15, 2023 at the New York Athletic Club in New York City.
  • The M&A Advisor has given the leadership award annually for the past two decades and recipients include industry leaders, such as Corinne Ball, Randall S. Eisenberg, J. Scott Victor, Michelle H. Harner, Bob Profusek, John Reiss, Judge Kevin J. Carey, John Bolduc, Rodger Krouse, Marc Leder and Lorie Beers.
  • The M&A Advisor was founded in 1998 to offer insights and intelligence on mergers and acquisitions through the industry's leading leadership organization.

AirMiners Launches Fund to Close the Financing Gap for Carbon Removal Startups

Retrieved on: 
Wednesday, July 12, 2023

“We believe the Kiloton Fund demonstrates how funds are the catalysts we need to advance the pace of carbon removal,” said AirMiners CEO Tito Jankowski.

Key Points: 
  • “We believe the Kiloton Fund demonstrates how funds are the catalysts we need to advance the pace of carbon removal,” said AirMiners CEO Tito Jankowski.
  • “In two years, our carbon removal startup accelerator graduated 95 startups that have raised $90M of venture and grant funding.
  • This insight led us to pilot the Kiloton Fund to close that funding gap for carbon removal startups.”
    The response to this initiative from industry insiders has been positive.
  • Bill Gross, founder of Idealab and carbon removal startup Carbon Capture, commented: “The Kiloton Fund is a game-changer.

CarbonCapture Inc. Awarded as 2023 Technology Pioneer by World Economic Forum

Retrieved on: 
Wednesday, June 21, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230621760191/en/
    CarbonCapture Inc. honored as a 2023 Technology Pioneer by the World Economic Forum.
  • “We’re excited to welcome CarbonCapture Inc. to our 2023 cohort of Technology Pioneers,” said Verena Kuhn, Head of Innovator Communities at the World Economic Forum.
  • As a Technology Pioneer, CarbonCapture Inc. CEO and CTO Adrian Corless will be invited to engage with the World Economic Forum, working with global leaders to help address key industry and societal issues.
  • “It’s an honor to be acknowledged as a Technology Pioneer by the World Economic Forum,” said Corless.

PROTOSTAR Launches AI-Powered Consulting Services to Drive Sustainable and Equitable Energy Transition

Retrieved on: 
Wednesday, June 21, 2023

PROTOSTAR, a first-of-its-kind strategic consulting company, officially launches today with a commitment to synergize and accelerate the transition to a more sustainable, equitable, and cleaner energy future.

Key Points: 
  • PROTOSTAR, a first-of-its-kind strategic consulting company, officially launches today with a commitment to synergize and accelerate the transition to a more sustainable, equitable, and cleaner energy future.
  • This artificial intelligence foundation fundamentally distinguishes PROTOSTAR's comprehensive consulting services suite, including strategic brand and performance marketing, public relations, sales enablement, and government engagement.
  • By harnessing the power of advanced analytical and generative AI, the firm revolutionizes how these services are executed.
  • "PROTOSTAR is dedicated to accelerating the world's transition to a low-carbon economy and a more sustainable future," said Daniel Alvarez, Founder and CEO, PROTOSTAR.

CNM LLP Appoints Bill Strong as President to Lead Global Business Operations and Strategic Growth

Retrieved on: 
Tuesday, March 7, 2023

CNM LLP, a leading technical advisory firm, has named seasoned finance, operations, and corporate development executive Bill Strong as its first ever President.

Key Points: 
  • CNM LLP, a leading technical advisory firm, has named seasoned finance, operations, and corporate development executive Bill Strong as its first ever President.
  • In this position, Strong will collaborate with CNM’s Managing Partner Sanjay Sheth to further develop the firm’s personnel and culture while spearheading global business operations and strategic initiatives to support the firm’s continued growth.
  • “Bill is the ideal candidate to bring CNM to the next level,” said CNM Executive Chair and Founder Nathan Matthews.
  • “Bill’s vast knowledge of finance and expertise in global operations and corporate development will make him an undeniable force at CNM,” said Sheth.

Richard Powell Joins Consello as Chief Administrative Officer and Head of Corporate Development

Retrieved on: 
Friday, February 17, 2023

NEW YORK, Feb. 17, 2023 /PRNewswire/ -- Consello, the financial services advisory and strategic investing platform, is pleased to announce the appointment of Richard Powell as the company's Chief Administrative Officer and Head of Corporate Development.

Key Points: 
  • NEW YORK, Feb. 17, 2023 /PRNewswire/ -- Consello, the financial services advisory and strategic investing platform, is pleased to announce the appointment of Richard Powell as the company's Chief Administrative Officer and Head of Corporate Development.
  • In his new role, Mr. Powell will be responsible for helping expand several of the company's operations around the world, as well as overseeing strategic planning and corporate development as Consello continues to grow.
  • He will also be directly responsible for the coordination of all initiatives out of the Office of the Chairman and CEO.
  • Before joining Consello, Mr. Powell was most recently President of Shepherd Futures, a founder-focused family office affiliated with Chobani.

Heliogen, Inc. Announces Second Quarter 2022 Financial and Operational Results; Reports Progress on Scale Up of Long Beach Facility

Retrieved on: 
Wednesday, August 10, 2022

This is one example of our ability to iterate and innovate rapidly to reduce our cost structure and improve our margins.

Key Points: 
  • This is one example of our ability to iterate and innovate rapidly to reduce our cost structure and improve our margins.
  • I am also pleased with the progress we have made at our Long Beach manufacturing facility, where we are getting ready to begin high-volume automated heliostat manufacturing during the early part of the fourth quarter of 2022.
  • Heliogens Adjusted EBITDA, which excludes the non-cash stock-based compensation expense and other impacts, was negative $19.8 million for the second quarter 2022.
  • The Heliogen management team will host a conference call to discuss its second quarter 2022 financial results on Thursday, August 11, 2022, at 10:00 a.m. EDT.

Heliogen, Inc. Schedules Release of Second Quarter 2022 Financial Results and Conference Call

Retrieved on: 
Monday, August 1, 2022

Heliogen, Inc. (Heliogen) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that it will release financial and operating results for the second quarter 2022 after the market close on Wednesday, August 10, 2022.

Key Points: 
  • Heliogen, Inc. (Heliogen) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that it will release financial and operating results for the second quarter 2022 after the market close on Wednesday, August 10, 2022.
  • This release will be followed by a conference call for investors at 10:00 AM EDT on Thursday, August 11.
  • Bill Gross, Founder and Chief Executive Officer of Heliogen, and Christie Obiaya, Chief Financial Officer will host the call.
  • The conference call may be accessed via a live webcast on a listen-only basis in the Investors section of Heliogens website at investors.heliogen.com.

Heliogen, Inc. Set to Join Russell 3000® Index

Retrieved on: 
Tuesday, June 21, 2022

Heliogen, Inc. (Heliogen), a leading provider of AI-enabled concentrated solar energy technology, is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a final list of index additions posted June 17.

Key Points: 
  • Heliogen, Inc. (Heliogen), a leading provider of AI-enabled concentrated solar energy technology, is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a final list of index additions posted June 17.
  • Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .
  • A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants.

Heliogen, Inc. Announces First Quarter 2022 Financial and Operational Results; Reports Progress on Deployment of Commercial-Scale Solar Energy Systems

Retrieved on: 
Monday, May 23, 2022

Heliogen, Inc. (Heliogen) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today provided its first quarter 2022 financial and operational results and reaffirmed its previously announced guidance for 2022.

Key Points: 
  • Heliogen, Inc. (Heliogen) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today provided its first quarter 2022 financial and operational results and reaffirmed its previously announced guidance for 2022.
  • We continue to make great progress with several other potential customers including global metals and mining company Rio Tinto.
  • On the manufacturing and development side, we have made rapid progress on the build-out of our facility in Long Beach, California.
  • The Heliogen management team will host a conference call to discuss its first quarter 2022 financial results today, Monday, May 23, 2022, at 10:00 a.m. EDT.