Heliogen, Inc. Announces Third Quarter 2024 Financial and Operational Results
HELIOGEN INC (HLGN)
Company Research
Source: Business Wire
PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2024 financial and operational results.Financial and Operational HighlightsLiquidity of $44.6 million as of September 30, 2024Total operating expenses for Q3 2024 decreased by 32% sequentially, compared to Q2 2024Texas Steam Plant, Heliogen’s first commercial-scale installation, continues to progress toward mechanical completion in Q1 2025, following impacts on schedule from severe weather eventsOver 2 gigawatts of sales opportunities; outstanding proposals with 5 customers for early design stage projects representing 1.0 gigawatts“During the third quarter, we continued to advance the company’s engagements with large industrial entities particularly in the U.S. The recent commitments made by large tech companies toward purchasing output from future nuclear energy projects is an indicator of the signif
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HLGN
Sec Filings
- 12/20/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- HLGN's page on the SEC website