Heliogen nominates Stacey Abrams and Phyllis Newhouse for joining the Post-Combination Board of Directors

– USA, CA –  Heliogen, Inc., a leading provider of AI-enabled concentrated solar power, today announced the nominations of Stacey Abrams and Phyllis Newhouse to join the Board of Directors upon closing of the business combination with Athena Technology Acquisition Corp. (NYSE: ATHN).

“We are incredibly fortunate to have Stacey and Phyllis join Heliogen’s post-combination Board. Both Stacey and Phyllis are trailblazers and thought leaders in their respective fields, with talent, expertise and relationships that will greatly benefit Heliogen as we transition to a public company and scale our technology globally,” said Founder and CEO, Bill Gross.

He added: “Through our collaboration with Athena, Phyllis has already delivered extensive value to Heliogen, and Stacey is one of our country’s most dynamic and inspiring public figures, who has consistently championed the protection of our environment while advocating for policies that address climate change and drive economic development. We are forming a world-class Board of Directors to partner with our outstanding executive leadership team, and the additions of Stacey and Phyllis will be invaluable to advance Heliogen’s mission of replacing fossil fuels with concentrated sunlight.”

About Stacey Abrams

Stacey Abrams serves as CEO of Sage Works Production, Inc. In addition, Ms. Abrams has served as the founder and executive director of the Southern Economic Advancement Project since 2019. From 2007 to 2017, Ms. Abrams served as a State Representative of the Georgia General Assembly and as the minority leader from 2011 to 2017. She has been CEO of Sage Works, LLC since September 2002. She previously served as CEO of the Third Sector Development from August 1998 until March 2019, and as SVP of NOWaccount Network Corporation from 2010 to 2016. Ms. Abrams received a B.A. in Interdisciplinary Studies from Spelman College, a Master of Public Affairs from the University of Texas Lyndon B. Johnson School of Public Affairs, and a J.D. from Yale University.

“Climate change is one of the greatest challenges of the 21st century,” said Stacey Abrams. “To respond, we must develop and scale innovative solutions that decarbonize our planet while creating economic opportunity and prosperity for all. Technologies like those pioneered by Heliogen offer a dynamic answer, and I am proud to join Bill, Phyllis, and the talented Heliogen team on its mission to empower a sustainable civilization with low-cost solar energy that makes clean power more affordable and accessible.”

About Phyllis Newhouse

Phyllis Newhouse is an entrepreneur; retired military senior non-commissioned officer; mentor, founder, and CEO of Atlanta-based cybersecurity firm XtremeSolutions; and a founder, CEO, and Director of Athena Technology Acquisition Corp. While serving in the US Army on various assignments, Ms. Newhouse focused on national security and worked on several projects that outlined the Cyber Espionage Task Force. In 2002, she founded XtremeSolutions, which offers a wide range of IT expertise and provides industry-leading information technology and cybersecurity services and solutions. The company has employees in 42 states and 40% of its workforce is made up of veterans.

In 2019, Ms. Newhouse co-founded ShoulderUp, a nonprofit dedicated to connecting and supporting women in their entrepreneurial journeys. She currently serves on the boards of the Technology Association of Georgia and Sabre Corporation and is a member of the Business Executives for National Security. She also serves on the executive board and is a member of the Women Presidents’ Organization and serves on the board of Girls Inc. Ms. Newhouse holds a B.A. in Liberal Arts Science from Saint Leo College and is a graduate of the Institute of Entrepreneurial Leadership program sponsored by John F. Kennedy University.

“I am honored to join the Heliogen board of directors to help the company fulfill its mission of creating a more sustainable future,” commented Phyllis Newhouse. “The company is pioneering the cost-effective delivery of renewable energy using innovative AI technology and I’m proud to leverage my experience and expertise in support of Heliogen’s vision. I very much look forward to working alongside Bill and his team as we work toward the day when cleaner power sources completely replace the need for fossil fuels.”

About Heliogen

Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

For more information: https://heliogen.com/

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