September 30, 2022

CloudsBigData

Epicurean Science & Tech

Heliogen Announces Nominations of Technology Leaders Julie Kane and Robert Kavner to its Post-Combination Board of Administrators

6 min read

PASADENA, Calif.–(Enterprise WIRE)–Heliogen, Inc. (“Heliogen” or the “Company”), a main provider of AI-enabled concentrated solar electric power, currently declared that Julie Kane and Robert Kavner have been nominated to be a part of Heliogen’s Board of Administrators upon closing of the Company’s enterprise blend with Athena Technological innovation Acquisition Corp. (NYSE: ATHN).

“Building out an professional, talented, and numerous Board of Directors for Heliogen is a main objective of ours as we go to entire our business enterprise combination,” reported Bill Gross, Founder and Main Government Officer of Heliogen. “Both Julie and Robert further this intention and deliver to the proposed Board a broad assortment of community firm knowledge and ordeals across industries and monetary and technological disciplines. Their additions sign the deep determination I and the relaxation of the Heliogen govt group have to great corporate governance and accountability. I am fired up to have them on the workforce as we continue on to execute our technique and scale our technologies to decarbonize the electrical power and industrial sectors.”

Ms. Kane has served as a director of SIGA Technologies, Inc. (“SIGA”) since May perhaps 2019. She at this time chairs SIGA’s Payment Committee and previously chaired SIGA’s Nominations and Company Governance Committee. She is at present an independent marketing consultant in the aviation field. Ms. Kane is the previous Senior Vice President, Main Ethics and Compliance Officer, and Deputy Typical Counsel of PG&E Company (2015-2020). Prior to becoming a member of PG&E Corporation in 2015, Ms. Kane worked at Avon Goods, Incorporated as Vice President and Typical Counsel of Avon North The us and Corporate Lawful Features. Prior to signing up for Avon in 2013, Ms. Kane held a variety of senior roles with Novartis Corporation and its affiliates above a 25-calendar year period. Ms. Kane is a member of the Board of Administrators of the Ethics Resource Centre in Washington, D.C., and previously served on the Board of Governors of the Commonwealth Club of California.

Ms. Kane holds an undergraduate diploma in political science from Williams Higher education and a legislation degree from the College of San Francisco College of Regulation. Ms. Kane is a member of the California state bar. Ms. Kane’s a long time of working experience spanning quite a few industries, like prescription drugs, chemicals and agribusiness, attractiveness, direct-selling and twin-gasoline utilities, along with her encounter in environmental, social and governance issues, provides our Board with worthwhile insight into several factors of our enterprise.

Given that 1995, Mr. Kavner has been an unbiased venture money trader concentrating on investments in engineering providers. From January 1996 by means of December 1998, Mr. Kavner served as president and main executive officer of On Command Corporation, a supplier of on-desire movie systems for the hospitality industry. From 1984 to 1995, Mr. Kavner held quite a few senior management positions at AT&T, together with senior vice president, main monetary officer and main executive officer of Multimedia Products and Solutions Team and chairman of AT&T Enterprise Capital Team. Mr. Kavner also served as a member of AT&T’s executive committee. Prior to signing up for AT&T, Mr. Kavner was a spouse of PricewaterhouseCoopers.

Mr. Kavner at present serves on the boards of administrators of a number of privately-held firms, together with several early-phase organizations. He has earlier served on the board of administrators of a amount of general public businesses, together with serving as chairman of Earthlink Networks, CitySearch, Overture, and Pandora Media, and as a member of the boards of Sun Microsystems, Philips Telecommunications, Fleet Lender of Boston, Tandem Personal computers, and Duracell Worldwide. Mr. Kavner acquired a B.B.A. from Adelphi College and attended the Superior Administration System at the Amos Tuck School at Dartmouth College.

About Heliogen

Heliogen is a renewable energy technological innovation firm targeted on getting rid of the require for fossil fuels in major market and powering a sustainable foreseeable future. The company’s AI-enabled, modular concentrated photo voltaic engineering aims to price tag-effectively supply in close proximity to 24/7 carbon-no cost vitality in the form of heat, electrical power, or green hydrogen gas at scale – for the first time in background. Heliogen was produced at Idealab, the primary technology incubator established by Invoice Gross in 1996. For much more information about Heliogen, please take a look at heliogen.com.

On July 6, 2021, Heliogen entered into a definitive enterprise mixture settlement with Athena Know-how Acquisition Corp. (NYSE: ATHN). Upon the closing of the business enterprise blend, Heliogen will become publicly traded on the New York Inventory Exchange underneath the new ticker image “HLGN”. Additional details about the transaction can be seen here: www.heliogen.com/investor-centre/.

Additional Data and Where to Find It

In link with the proposed small business blend, Athena Engineering Acquisition Corp. (“Athena”) has submitted with the Securities and Trade Commission (“SEC”) a registration assertion on Sort S-4 containing a preliminary proxy statement and a preliminary prospectus which has not still turn out to be effective. Immediately after the registration assertion is declared productive, Athena will mail a definitive proxy statement/prospectus relating to the proposed company combination to its stockholders. This press release does not incorporate all the details that must be viewed as regarding the proposed company combination and is not meant to sort the foundation of any investment determination or any other conclusion in regard of the business enterprise mix. Further details about the proposed organization mix and linked transactions will be described in Athena’s combined proxy statement/prospectus relating to the proposed organization combination and the enterprises of Athena and Heliogen, Inc. (“Heliogen”), which Athena has filed with the SEC. The proposed business blend and connected transactions will be submitted to stockholders of Athena for their consideration. Athena’s stockholders and other intrigued individuals are advised to read through the preliminary proxy assertion/prospectus and the amendments thereto and the definitive proxy statement/prospectus, when out there, and other documents submitted in connection with Athena’s solicitation of proxies for its particular conference of stockholders to be held to approve, among other matters, the proposed business mix and relevant transactions, since these elements will consist of important info about Heliogen, Athena and the proposed small business blend and related transactions. When obtainable, the definitive proxy assertion/prospectus and other related products for the proposed business blend will be mailed to stockholders of Athena as of a history day to be founded for voting on the proposed business enterprise mix and connected transactions. Stockholders could also attain a duplicate of the preliminary or definitive proxy statement/prospectus, once out there, as effectively as other files filed with the SEC by Athena, with out cost, at the SEC’s internet site found at www.sec.gov or by directing a ask for to Phyllis Newhouse, President and Chief Government Officer, Athena Technological innovation Acquisition Corp., 125 Townpark Push, Suite 300, Kennesaw, GA 30144, or by phone at (970) 924-0446.

Members in the Solicitation

Athena, Heliogen and their respective directors and executive officers and other individuals could be considered to be individuals in the solicitations of proxies from Athena’s stockholders in respect of the proposed business mix and linked transactions. Information and facts relating to Athena’s administrators and executive officers is readily available in its Registration Statement on Type S-1 and the prospectus provided therein filed with the SEC on March 3, 2021. Added details relating to the individuals in the proxy solicitation and a description of their immediate and indirect interests will be contained in the preliminary and definitive proxy statements/prospectus connected to the proposed business enterprise blend and linked transactions when it will become obtainable, and which can be received free of demand from the resources indicated over.

No Offer you or Solicitation

This conversation shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This communication shall also not constitute an present to promote or the solicitation of an offer you to get any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification beneath the securities guidelines of any these types of jurisdiction.

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