Heliogen, Inc. (HLGN)
Heliogen, Inc. operates in the Renewable Utilities industry of the Utilities sector, headquartered in Pasadena, CA, US. The stock last traded at $1.70, up 2.10% on the session, giving a market capitalisation of $10.5M. On trailing twelve-month figures it carries a trailing P/E of 0.32, a net margin of 164.0%. Its beta of 2.94 implies it has historically moved more than the broad market.
Heliogen, Inc. operates as a renewable energy technology company, primarily focused on pioneering an artificial intelligence-enabled concentrated solar power plant. The firm offers three distinct solutions: HelioHeat, designed for generating industrial process heat; HelioPower, dedicated to electricity production; and HelioFuel, aimed at facilitating hydrogen fuel creation. Established in 2013, the company was initially named Edison Microgrids, Inc., before officially rebranding to Heliogen, Inc. in November 2019. Its corporate headquarters are situated in Pasadena, California.
Heliogen, Inc. is most often compared with the following Utilities names: