Updated CTO role to drive full-scale technology deployments of zero-carbon concentrating solar energy solutions
PASADENA, Calif.–(BUSINESS WIRE)–$HLGN–Heliogen, Inc. (OTCQX: HLGN) (the “Company”), a leading provider of concentrating solar energy technology, today announced the appointment of Apurba Das, as Chief Technology Officer (CTO).
Das has been with Heliogen since 2021, and has been instrumental in advancing technology and innovation initiatives as Vice President of Engineering for Process and Power Systems. Now as CTO, Das has oversight for the plant design and engineering of Heliogen’s concentrating solar power (CSP) technology deployments, including its primary commercial offering which combines CSP, solar PV, and thermal energy storage. Das’ responsibilities now also include research and development (R&D) scope previously led by Steve Schell, Heliogen’s former Chief Scientist, who mutually agreed with the company to part ways. Das reports directly to Christie Obiaya, CEO of Heliogen.
“Apurba brings an exceptional blend of in-depth technical capability, plus experience with successful commercial deployment, and we’re thrilled to have his technical leadership at this stage of our commercialization journey,” said Christie Obiaya, CEO of Heliogen. “We extend our gratitude to Steve for the indelible mark he left on Heliogen’s history over his nearly 7-year tenure.”
Before joining Heliogen, Das held technical leadership roles at Kairos Power, a nuclear energy startup, and GE Renewable Energy, where he led the design and development of next-generation thermal power and industrial steam technologies, including CSP facilities. He holds a Ph.D. in Mechanical Engineering from Case Western Reserve University, and a Bachelor of Technology and Master of Technology in Mechanical Engineering from the Indian Institute of Technology.
“Our solutions are uniquely positioned to overcome renewable energy intermittency challenges, providing reliable and scalable clean energy for use cases like data centers and industrial processes,” said Apurba Das, CTO of Heliogen. “I’m excited to lead our talented team as we execute on Heliogen’s path to deployment at scale.”
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.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding Heliogen’s executive transition and Heliogen’s future financial and operating performance. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our financial and business performance, including risk of uncertainty in our financial projections and business metrics and any underlying assumptions thereunder; (ii) changes in our business and strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; (iii) our ability to execute our business model, including market acceptance of our planned products and services and achieving sufficient production volumes at acceptable quality levels and prices; (iv) our ability to maintain listing on the New York Stock Exchange; (v) our ability to access sources of capital to finance operations, growth and future capital requirements; (vi) our ability to maintain and enhance our products and brand, and to attract and retain customers; (vii) our ability to scale in a cost effective manner; (viii) changes in applicable laws or regulations; (ix) developments and projections relating to our competitors and industry; and (x) our ability to protect our intellectual property. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the “Risk Factors” section in Part I, Item 1A in our Annual Report on Form 10-K for the annual period ended December 31, 2022 and other documents filed by Heliogen from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Heliogen assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts
Heliogen Investor Contact:
Phelps Morris
Chief Financial Officer
Heliogen Media Contact:
Sam Padreddii
Manager, Corporate Communications
