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HELIOGEN INC - $HLGN STOCK NEWS

Welcome to our dedicated page for HELIOGEN news (Ticker: $HLGN), a resource for investors and traders seeking the latest updates and insights on HELIOGEN stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HELIOGEN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HELIOGEN's position in the market.

Rhea-AI Summary
Heliogen, a leading provider of AI-enabled concentrating solar energy technology, extends its duration stockholders rights plan to reduce the exercise price of the rights. The Rights Plan aims to protect stockholders from a takeover threat and allow the Board to consider strategic alternatives. The plan will expire in 2025 unless redeemed earlier by the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
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Rhea-AI Summary
Heliogen, Inc. announces the release of financial and operating results for Q4 and full year 2023, with a conference call for investors hosted by CEO Christie Obiaya. The call will be accessible via webcast and telephone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.62%
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Rhea-AI Summary
Heliogen, Inc. (HLGN) announced a joint development agreement with Omanor to develop a concentrating solar power plant in Mexico. The collaboration aims to harness Mexico’s rich solar potential, advancing regional economies and bridging energy markets. The agreement includes four phases, with the first phase evaluating existing land in Sonora, Mexico. Omanor will support Heliogen in site due diligence and securing initial commercial energy customers. The partnership unlocks an expanded market in Mexico, leveraging Heliogen's breakthrough concentrating solar technology and Omanor's regional expertise to decarbonize industry and stimulate local economies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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News
Rhea-AI Summary
Heliogen, Inc. (HLGN) announces the transition of Sagar Kurada out of his role as Chief Financial Officer, appointing Alan Gahm as Interim CFO and promoting Wilda Siu to Chief Accounting Officer. The Company has initiated a formal search process for a permanent replacement for Mr. Kurada.
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Heliogen, Inc. (HLGN) to participate in the Sidoti Micro-Cap Virtual Investor Conference, showcasing its commitment to decarbonizing industry and empowering a sustainable civilization. CEO Christie Obiaya to lead a public presentation and participate in one-on-one meetings with investors on January 17, 2024, providing exclusive insights into the company's strategic initiatives and progress in addressing the global need for renewable energy sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.4%
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Rhea-AI Summary
Heliogen, Inc. (HLGN) has demonstrated the effectiveness of its proprietary control system at Sandia National Laboratories’ National Solar Thermal Test Facility, marking a leap forward in concentrating solar energy and providing third-party validation data essential to Heliogen’s software licensing potential. The closed-loop software significantly improved the efficiency of existing CSP plants worldwide, reducing tracking error to 0.33 mrad, surpassing the project target of less than 1.0 mrad. Heliogen’s AI-powered software aims to lower operational and maintenance costs by reducing the need for offline calibration and continually optimizing system efficiency for maximum sunlight collection.
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0.47%
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Rhea-AI Summary
Heliogen, Inc. (HLGN) has been selected as one of nine semifinalists in the U.S. Department of Energy's American-Made Heliostat Prize. Their project, 'Testing & Deployment of Fully Wireless Heliostats,' aims to evaluate the viability of cost-effective wireless communication technologies powered by Heliogen’s advanced software control system. This recognition reaffirms Heliogen's leading role in the concentrating solar energy sector, demonstrating its commitment to advancing sustainable solutions.
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Rhea-AI Sentiment
End-of-Day
-6.89%
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Heliogen, Inc. (HLGN) Commences Trading on OTCQX Best Market - Heliogen, a leading provider of AI-enabled concentrating solar energy technology, announced the commencement of trading on the OTCQX Best Market under the ticker symbol 'HLGN.' The OTCQX is the highest tier of OTC Markets, offering transparent and efficient access to investors. Heliogen's innovative technology aims to decarbonize hard-to-abate emissions across industrial sectors, reflecting resilience and adaptability in an ever-evolving energy market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.85%
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Rhea-AI Summary
HLGN - Heliogen, Inc. reports $73 million contracted revenue backlog and $2.3 million in revenue for Q3 2023. The company sees a significant increase in opportunity pipeline and initiates construction on a steam plant in the Permian Basin. Heliogen also completes design verification of the particle receiver for the world’s first fully integrated Generation 3 CSP plant.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.11%
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Rhea-AI Summary
Heliogen, Inc. (HLGN) to participate in Sidoti November Virtual Investor Conference, showcasing AI-enabled concentrating solar energy solutions. Sagar Kurada, CFO, to lead public presentation and one-on-one meetings with investors, emphasizing commitment to decarbonizing industry and sustainable civilization. The event on Nov. 15-16, 2023, offers insights into strategic initiatives and progress in renewable energy sources.
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Rhea-AI Sentiment
End-of-Day
50%
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HELIOGEN INC

OTC:HLGN

HLGN Rankings

HLGN Stock Data

8.36M
4.18M
30.68%
0.99%
2.12%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
Pasadena

About HLGN

heliogen is a clean energy company focused on eliminating the need for fossil fuels in all sectors of the economy. heliogen’s mission is to create the world’s first technology that can commercially replace fossil fuels in industrial processes with carbon-free, ultra-high temperature heat from the sun and to transform sunlight into fuels, including hydrogen, at scale. heliogen was created at idealab, the leading technology incubator. for more information about heliogen, please visit heliogen.com.