Latest news with #Heliogen
Globe and Mail
3 days ago
- Business
- Globe and Mail
Brenmiller Energy Is Now The Only Public TES Stock Standing-Get It While It's Still Under the Radar
Thermal energy storage—TES for short—isn't flashy. It doesn't trend like AI, electric vehicles, or quantum computing. But in the background of the global energy transition, it's becoming absolutely essential. That's because while the world has made progress in decarbonizing electricity, it has barely scratched the surface of decarbonizing heat. And the numbers are staggering: more than 20% of global greenhouse gas emissions come from industrial heat processes—most of which can't be electrified with batteries or standard solar panels. They need dependable, high-temperature heat delivered when and where it's needed. That's where thermal energy storage comes in. From food and beverage manufacturers to cement kilns, hydrogen electrolysis, and even AI data centers and cloud computing infrastructure, the ability to store energy as heat and dispatch it precisely when needed is no longer a luxury. It's a prerequisite for deep decarbonization. And that's why the biggest names in venture capital and institutional energy investment are pouring money into thermal storage companies like Rondo Energy and Antora Energy, whose private valuations now exceed hundreds of millions of dollars. They're betting that TES isn't just the next big thing—it's the necessary one. But for public market investors, the opportunity has always been frustratingly out of reach. Until recently, there were only two pure-play publicly traded ways to invest in TES: Heliogen Inc. (OTCQX: HLGN) and Brenmiller Energy Ltd. (NASDAQ: BNRG). Now, there's only one. Heliogen's Exit Exposes The Remaining Listed TES Pure Play On May 29, 2025, Zeo Energy Corp. announced its acquisition of Heliogen in an all-stock deal valued at approximately $10 million. For a company that once captured headlines with AI-powered heliostat arrays and solar towers meant to generate hydrogen and industrial steam, it marked the end of a turbulent chapter. Heliogen had already spent most of 2024 winding down operations, cutting staff, and canceling projects, including the much-publicized Capella Project with Woodside Energy. Although the company reported $23.2 million in 2024 revenue, much of that was due to accounting adjustments tied to project cancellations, rather than active deployments. Despite a reported net income of $78.9 million, the underlying reality was stark: Heliogen's core business was no longer viable on its own. It was a high-concept story that didn't materialize or scale in the real world as expected. Zeo's acquisition salvages the brand and some of the intellectual property. But it also removes Heliogen as a standalone TES investment from the public markets. Brenmiller Energy Has Quietly Built What Others Hope To And it leaves Brenmiller Energy as the last publicly traded pure-play thermal energy storage company, and perhaps more importantly, the only one that allows retail traders to compete for the same expected rewards as well-heeled institutional and high-net-worth investors. Headquartered in Israel and listed on the NASDAQ, Brenmiller Energy took a different path from other TES players. It didn't pursue hype-driven narratives or raise capital through a speculative special purpose acquisition company (SPAC). Instead, it built its technology the hard way—through mutually beneficial collaboration, industrial pilots, and engineering-first execution. Brenmiller's flagship product, the bGen™ system, converts renewable electricity or off-peak grid power into stored heat using crushed rocks—then releases that heat on demand 24/7/365 for industrial or district heating applications. It's modular, scalable, containerized, and critical to the comparisons made— already in operation. As of mid-2025, Brenmiller has active projects deployed or in development in Spain, the United States, Israel, Germany, and Hungary. These include industrial decarbonization systems at Tempo Beverage in Israel, Partner in Pet Food in Hungary, and the Wolfson Medical Center in partnership with ENEL. In the U.S., a deployment with the New York Power Authority is already live, showcasing Brenmiller's ability to serve public-sector infrastructure with flexible and dispatchable clean heat. In Spain, the company plays a key role in the SolWinHy Project, a hydrogen initiative backed by the European Hydrogen Bank. Brenmiller has been awarded £7 million in funding to support its thermal storage deployment as part of the project, further validating its technology and strategic importance in Europe's push for industrial decarbonization. In other words, Brenmiller Energy isn't a company pitching what's possible. It's a company delivering what's needed. Clean Industrial Heat Is Here and Priced In Hundreds of Millions Ironically, despite having high seven-figure sovereign-funded commitments, global partners, and a revenue-generating product in the market, Brenmiller trades at just $5.45 million in market capitalization before this morning's market open. That's less than a single private funding round for companies like Rondo or Antora—both of which are still navigating the myriad early-stage deployments. To be clear, those companies are impressive. Rondo's brick-based heat battery and Antora's carbon block storage paired with thermophotovoltaics are both promising technologies with long-term potential. But they are, as noted, inaccessible to the vast majority of retail investors. Unless you're writing institutional or personal checks in the tens of millions, you're not getting into those deals. That's what makes Brenmiller Energy's public listing so unique—and so mispriced. While investors crowd into concept-stage battery storage companies with billion-dollar dreams and minimal revenue, Brenmiller Energy already has the technology, partnerships, and government support to justify a significantly higher valuation. Yet it remains under the radar, likely due to its lean capital structure, non-U.S. origin, and the broader market's lagging awareness of TES as a category. But for those who do see it, the setup is rare: a first-mover, revenue-generating clean energy company operating in a validated sector with massive addressable demand—and trading at a tiny fraction of its tangible project pipeline value, which the company estimates to be $500 million today. The BNRG Valuation Gap Is Stunningly Flagrant Importantly, Heliogen's sale shouldn't be seen as a failure of TES—it should be seen as a market signal. Don't misinterpret the message—Heliogen entered the market to achieve great things, and their intention to contribute to a rapidly changing energy market is commendable. The problem they faced is that the era of overcapitalized, over-engineered concepts is coming to an end. Investors are seeking companies that can deploy now, scale realistically, and meet the industrial heat demands that ESG mandates. Brenmiller Energy fits that mold. And now, it's the only public company we know of that does. Why is that important to the retail investor? Because governments are pushing harder for carbon reductions, and industrial clients are seeking alternatives to gas boilers and fossil-fueled heat. That combination should create demand for what Brenmiller Energy already offers, not hopes to. In other words, with capital flowing, Brenmiller Energy is in the right place with the right product at the right time. And,as a result, once the market connects the dots between trillion-dollar decarbonization challenges and the handful of companies actually solving them, Brenmiller's share price trajectory may more than steepen—it could go parabolic. Sources and references: Disclaimers and Disclosures: Hawk Point Media Group, LLC. (HPM) has not been compensated to produce and distribute this content. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares in Brenmiller Energy Ltd. Always do your own due diligence prior to investing in any publicly traded company. While HPM has not been compensated for creating and syndicating this content, HPM discloses having a prior services agreement with the company, and third parties, that expired in April 2025 and 2024, respectively. HPM is a digital marketing and consulting company. Therefore, it is possible that HPM will be retained in the future to create and syndicate digital content for Brenmiller Energy. Accordingly, while fact-based and sourced, our content may portray featured companies in only the most favorable way. A complete disclosure for all services provided and compensated for is linked below. Forward-Looking Statements: This article contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. The forward-looking statements contained or implied in this article are subject to other risks and uncertainties, many of which are beyond the control of the Company featured or HPM. Hawk Point Media Group, Llc. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. For Hawk Point Media Group Llc's full disclaimer and disclosure statement, click HERE.
Forbes
5 days ago
- Business
- Forbes
7 Undercover Startup Opportunities
Most startup media focuses on AI, but other opportunities are hiding in plain sight. This article ... More highlights 7 overlooked markets where innovative startups can build real advantages. In the current startup landscape, AI dominates headlines and investor interest, often overshadowing other technological innovations. But behind the hype of AI changing the world lie less-publicized technological niches that are also ripe for entrepreneurial exploration. Many of these areas aren't overcrowded yet, making them attractive for founders looking to build early advantages. Of course, this doesn't mean they are easier to tackle - they hide technological and/or market penetration challenges of their own that could be hard to overcome. Nonetheless, if you have expertise in these fields or in the technologies that are likely to disrupt them, it's worth exploring whether you can generate value there. If you can, it's fairly likely you'll be able to scale it and build a sizeable business. This article highlights seven such fields - areas where shifts in regulation, consumer behavior, infrastructure, or technology quietly open up opportunities for innovative startups. As homes, offices, and communities adopt solar panels, batteries, and electric vehicles, they're starting to look like tiny utility providers. This shift creates a need for coordination, optimization, and billing between peers, whether within buildings or neighborhoods. Startups that enable microgrid management, energy-sharing platforms, or property-level energy marketplaces could emerge as critical infrastructure providers in this new system. Most conversations about decarbonization focus on transportation and electricity. But industrial heat - the high-temperature heat used in sectors like cement, steel, and chemicals - accounts for over 20% of global energy demand. It's hard to electrify and even harder to decarbonize. Startups that can offer efficient, scalable, and cost-effective solutions (e.g., heat batteries, high-temperature electric furnaces, or alternative fuels like green hydrogen) have the chance to enter markets that haven't seen much innovation in decades. One example is Heliogen, which uses solar mirrors to generate high-temperature heat for industrial use. Sectors like waste management, forestry, construction supply, and marine logistics still rely heavily on spreadsheets, phone calls, and legacy software. Founders with domain experience or industry partners can find low-competition opportunities by building vertical SaaS or workflow automation tools. Startups like Fleetzero and Loggerhead Instruments show how combining deep industry knowledge with modern tech stacks can unlock untapped markets. Most aging-related startups focus on healthcare. But the global aging population also creates demand for non-medical solutions: tools for simplifying communication, handling estate planning, or even personalized travel. For example, startups could create digital literacy platforms for seniors or secure devices optimized for their needs. AARP reports that the 50+ demographic controls over 50% of U.S. consumer spending, yet remains underserved by consumer tech. The AI boom assumes companies have vast datasets. But in reality, most businesses operate with limited or messy data. There's room for startups to build tools that make small datasets more useful through smart augmentation, fine-tuning, synthetic data generation, or hybrid human-in-the-loop systems. Companies like Snorkel AI and Kili Technology have built businesses around these ideas in the enterprise space. But the same needs exist in smaller markets with limited data maturity. While legaltech is a known sector, most products target corporate lawyers. There's a growing need for AI tools that help small law firms, regulators, or NGOs deal with complexity at scale - e.g., analyzing legislative changes, checking compliance, or reviewing case law. Projects like Harvey AI hint at what's possible, but most of the market remains under-automated, especially in developing countries or specialized regulatory domains. Digital twins, which are virtual replicas of real-world systems, are increasingly common in manufacturing and logistics. But as sensor tech improves and edge computing becomes cheaper, smaller-scale digital twins for homes, farms, retail spaces, or event venues become viable. These can help simulate scenarios, optimize usage, or monitor performance. Startups can build sector-specific offerings tailored to niche environments, like small-scale agriculture or hospitality.
Los Angeles Times
6 days ago
- Business
- Los Angeles Times
Pasadena Solar Firm Acquired by Florida Energy Company for $10 Million
Pasadena-based Heliogen Inc. agreed to be acquired by Zeo Energy Corp., a Florida-based provider of residential solar and energy efficiency solutions, for $10 million. The transaction is currently expected to close in the third quarter of 2025 and has been approved by the boards of both companies. 'Heliogen brings a set of practical solutions to customers, particularly data centers, looking for longer duration energy storage with substantially lower costs than alternatives on the market,' said Tim Bridgewater, chief executive of Zeo Energy, in a statement. Piper Sandler & Co. acted as financial advisor and Ellenoff Grossman & Schole LLP acted as legal counsel to Zeo. Pickering Energy Partners is the financial advisor and Cooley LLP is legal counsel to Heliogen. Information for this article was sourced from Heliogen.
Business Upturn
01-06-2025
- Business
- Business Upturn
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BSGM, SGN, HLGN on Behalf of Shareholders
NEW YORK, May 31, 2025 (GLOBE NEWSWIRE) — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: BioSig Technologies, Inc. (NASDAQ: BSGM)'s merger with Streamex Exchange Corporation. Upon completion of the proposed transaction, current BioSig shareholders and holders of common stock equivalents will hold 25% of the fully diluted BioSig common stock outstanding. If you are a BioSig shareholder, click here to learn more about your rights and options. Signing Day Sports, Inc. (NYSE: SGN)'s merger with One Blockchain LLC. Upon completion of the proposed transaction, Signing Day shareholders are expected to own approximately 8.5% of the combined company. If you are a Signing Day shareholder, click here to learn more about your rights and options. Heliogen, Inc. (OTCQX: HLGN)'s sale to Zeo Energy Corp. Upon closing of the proposed transaction, Heliogen's securityholders will receive shares of Zeo's Class A common stock valued at approximately $10 million in the aggregate, based on a Zeo Class A common stock price of $1.5859 per share, and subject to an adjustment mechanism based on Heliogen's net cash at the closing. If you are a Heliogen shareholder, click here to learn more about your rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected]. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCDaniel Sadeh, Halper, World Trade Center85th FloorNew York, NY 10007(212) 763-0060 [email protected] [email protected]
Globe and Mail
31-05-2025
- Business
- Globe and Mail
Micro Cap Soars Nearly 80% on Major Clean Tech Acquisition
A significant acquisition in the micro-cap space has propelled the acquiring company to become one of the most actively traded and top percentage gainers on the Nasdaq today—and with good reason. Investors appear to be responding not just to the immediate impact of the acquisition, but also to the broader implications it may have on the company's future trajectory and position within the clean energy and technology sectors. Shares of Zeo Energy Corp. (Nasdaq: ZEO) are surging today as the leading provider of residential solar and energy efficiency solutions, and Heliogen, Inc. (OTCQX: HLGN), a developer of on-demand clean energy technologies, announced this morning the signing of a definitive merger agreement under which Zeo will acquire all outstanding equity securities of Heliogen in an all-stock transaction. Upon completion of the merger, Zeo intends to integrate Heliogen's technology, brand, intellectual property, capital, and talent to launch a new division focused on long-duration energy generation and storage for commercial and industrial-scale applications, including AI and cloud computing data centers. The transaction aims to create a comprehensive clean energy platform spanning residential, commercial, and utility-scale markets, strengthened by Zeo's internal financing resources and deep industry expertise. The transaction between Zeo and Heliogen is expected to create operational efficiencies, strengthen Zeo's balance sheet through added liquidity, and enhance financing capabilities via Zeo's affiliated financing arm. The merger also positions Zeo to capitalize on growing demand for resilient, low-carbon energy infrastructure, supported by favorable market trends and tax equity opportunities. Under the Merger Agreement, Heliogen's securityholders will receive approximately $10 million in Zeo Class A common stock, subject to adjustment based on Heliogen's net cash at closing. The transaction, unanimously approved by both boards, is expected to close in Q3 2025, pending customary conditions and Heliogen stockholder approval, with 23% of Heliogen shareholders already committed to vote in favor; Zeo stockholder approval is not required. Shares of ZEO were last trading up 79.75% at $2.84 while shares of HLGN were down 4.36% at $2.25 in early-afternoon trading. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
