Idealab

Heliogen Named to Fast Company’s Annual List of the World’s 50 Most Innovative Companies for 2022

Retrieved on: 
Tuesday, March 8, 2022

Heliogen, Inc. (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced it has been named to Fast Companys prestigious annual list of the Worlds Most Innovative Companies for 2022.

Key Points: 
  • Heliogen, Inc. (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced it has been named to Fast Companys prestigious annual list of the Worlds Most Innovative Companies for 2022.
  • These companies are creating the future today with some of the most inspiring accomplishments of the 21st century.
  • In addition to the World's 50 Most Innovative Companies, 528 organizations are recognized across 52 categories.
  • The Worlds Most Innovative Companies is Fast Companys signature franchise and one of its most highly anticipated editorial efforts of the year.

Heliogen Announces New Southern California Manufacturing Facility

Retrieved on: 
Tuesday, February 22, 2022

Heliogen, Inc. (Heliogen or the Company) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced it has begun site preparation and setup at its first full-scale manufacturing facility, located in Long Beach, California.

Key Points: 
  • Heliogen, Inc. (Heliogen or the Company) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced it has begun site preparation and setup at its first full-scale manufacturing facility, located in Long Beach, California.
  • View the full release here: https://www.businesswire.com/news/home/20220222005718/en/
    Heliogen's full-scale manufacturing facility in Long Beach, California (Photo: Business Wire)
    The state-of-the-art facility will include assembly lines, an expansive test facility, and rapid development center for the production of heliostats and other components in Heliogens concentrated solar energy system.
  • Heliostats from the Long Beach production facility are expected to be utilized in Heliogens anticipated first commercial project in California.
  • We believe our state-of-the-art heliostat manufacturing facility is the worlds first and only purpose-built facility for high-volume heliostat production, said Bill Gross, Chief Executive Officer of Heliogen.

Heliogen Awarded Exclusive Right to Lease Brenda Solar Energy Zone for Green Hydrogen Production

Retrieved on: 
Tuesday, February 8, 2022

Heliogen, Inc. (Heliogen or the Company) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that the United States Bureau of Land Management has awarded the Company the exclusive right to lease land in the Brenda Solar Energy Zone (SEZ).

Key Points: 
  • Heliogen, Inc. (Heliogen or the Company) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that the United States Bureau of Land Management has awarded the Company the exclusive right to lease land in the Brenda Solar Energy Zone (SEZ).
  • Heliogen intends to develop a green hydrogen facility on the Brenda site, capable of producing approximately 20,000 tons of hydrogen per year.
  • As previously announced, Heliogen and Bloom Energy successfully generated green hydrogen by integrating the companies technologies Heliogens concentrated solar energy system and Bloom Energys Electrolyzer.
  • The successful hydrogen production demonstration in Lancaster, California, completed in November 2021, showcased the many benefits of combining the companies complementary green power and hydrogen production technologies.

Heliogen, Inc. Announces Completion of Business Combination with Athena Technology Acquisition Corp.

Retrieved on: 
Thursday, December 30, 2021

Heliogen Inc. (Heliogen or the Company), a leading provider of AI-enabled concentrated solar power, today announced that it has completed its previously announced business combination with Athena Technology Acquisition Corp. (ATHN).

Key Points: 
  • Heliogen Inc. (Heliogen or the Company), a leading provider of AI-enabled concentrated solar power, today announced that it has completed its previously announced business combination with Athena Technology Acquisition Corp. (ATHN).
  • More than 91% of the votes cast at the special meeting were in favor of approval of the business combination.
  • Since announcing the business combination with ATHN on July 7, 2021, Heliogen has announced significant commercial progress including:
    Collaboration with Woodside on a breakthrough solar technology project to reduce carbon emissions.
  • Our original mission at Athena was to work with thought leaders and technology innovators whose pioneering solutions will support both industry and society.

Athena Technology Acquisition Corp. Announces Stockholder Approval of Business Combination with Heliogen, Inc.

Retrieved on: 
Tuesday, December 28, 2021

More than 91% of the votes cast at the Special Meeting were in favor of the approval of the business combination.

Key Points: 
  • More than 91% of the votes cast at the Special Meeting were in favor of the approval of the business combination.
  • Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on December 30, 2021.
  • About Athena Technology Acquisition Corp.
    Athena Technology Acquisition Corp. is an entirely women-led special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology, direct-to-consumer and fintech industries.
  • Neither Athena nor Heliogen gives any assurance that either Athena or Heliogen, or the combined company, will achieve its expectations.

REPEAT/Athena Technology Acquisition Corp. Reminds Shareholders to Vote in Favor of Business Combination with Heliogen, Inc. at Next Week’s Extraordinary General Meeting of Shareholders

Retrieved on: 
Monday, December 27, 2021

Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the Record Date), may vote their shares.

Key Points: 
  • Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the Record Date), may vote their shares.
  • The extraordinary general meeting of ATHN shareholders to approve the pending Business Combination (the Extraordinary General Meeting) is scheduled to be held on December 28, 2021 at 10:00 a.m. Eastern Time.
  • The Extraordinary General Meeting will be conducted virtually, and can be accessed via live webcast at https://www.cstproxy.com/athenatechnology/2021 .
  • Additional information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
    Every shareholders vote is important, regardless of the number of shares held.

Heliogen, a Leading Provider of AI-enabled Concentrated Solar Energy, Announces Collaboration With CarbonCapture Inc. to Develop Facilities That Remove Carbon Dioxide Directly from the Atmosphere

Retrieved on: 
Wednesday, December 22, 2021

Heliogen, Inc. (Heliogen), a leading provider of AI-enabled, modular concentrated solar energy systems, today announced plans to collaborate with CarbonCapture Inc. (CarbonCapture) to develop sustainably-powered direct air capture (DAC) facilities.

Key Points: 
  • Heliogen, Inc. (Heliogen), a leading provider of AI-enabled, modular concentrated solar energy systems, today announced plans to collaborate with CarbonCapture Inc. (CarbonCapture) to develop sustainably-powered direct air capture (DAC) facilities.
  • Heliogens revolutionary concentrated solar systems pair well with our breakthrough DAC technology they are both modular, so they can be quickly sited and rapidly scaled, said CarbonCapture CEO, Adrian Corless.
  • Both companies were founded under a decarbonization mission: Heliogen to decarbonize industry and CarbonCapture to decarbonize the atmosphere.
  • The companies work toward complementary ends Heliogen in reducing the pace and quantity of industrial carbon emissions and CarbonCapture in removing legacy emissions from the atmosphere.

Athena Technology Acquisition Corp. Reminds Shareholders to Vote in Favor of Business Combination with Heliogen, Inc. at December 28, 2021 Extraordinary General Meeting of Shareholders

Retrieved on: 
Tuesday, December 21, 2021

Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the Record Date), may vote their shares.

Key Points: 
  • Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the Record Date), may vote their shares.
  • The extraordinary general meeting of ATHN shareholders to approve the pending Business Combination (the Extraordinary General Meeting) is scheduled to be held on December 28, 2021 at 10:00 a.m. Eastern Time.
  • The Extraordinary General Meeting will be conducted virtually, and can be accessed via live webcast at https://www.cstproxy.com/athenatechnology/2021 .
  • Additional information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
    Every shareholders vote is important, regardless of the number of shares held.

Heliogen Finalizes $39 Million Award From the U.S. Department of Energy for Deployment of AI-Enabled Concentrated Solar Technology

Retrieved on: 
Monday, December 20, 2021

Heliogen, Inc. (the Company or Heliogen), a leading provider of AI-enabled concentrated solar power, today announced it has finalized a $39 million award from the U.S. Department of Energy (DOE) to deploy the Companys breakthrough renewable energy technology in California.

Key Points: 
  • Heliogen, Inc. (the Company or Heliogen), a leading provider of AI-enabled concentrated solar power, today announced it has finalized a $39 million award from the U.S. Department of Energy (DOE) to deploy the Companys breakthrough renewable energy technology in California.
  • The Company will apply the funds received from the DOE towards a commercial-scale facility leveraging its AI-enabled concentrated solar technology.
  • To do this, Heliogen's AI-powered heliostat field will efficiently generate higher temperatures than traditional concentrated solar, enabling the cost-effective integration of a sCO2 power cycle.
  • "The large and ambitious scope of this DOE award adds momentum to deployment of Heliogens breakthrough AI-enabled, modular concentrated solar solution for carbon-free energy at scale.

Papaya Announces Series B to Expand Mobile Payment App Using First-Of-Its-Kind Bill Understanding Technology

Retrieved on: 
Wednesday, December 15, 2021

Papaya , a mobile bill payment application that simplifies bill payments for consumers, announced that it has raised a $50 million Series B funding round.

Key Points: 
  • Papaya , a mobile bill payment application that simplifies bill payments for consumers, announced that it has raised a $50 million Series B funding round.
  • Papaya has built a one-of-a-kind, artificial intelligence-powered bill understanding technology which can understand an invoice in the very same way that humans do.
  • Papaya is a mobile application that simplifies bill payments for consumers with its frictionless bill understanding technology.
  • Consumers can pay any bill in seconds simply by taking a photo of it, choosing a payment method, and sending it through the Papaya app.