Heliovolt Adds CTO
HelioVolt, Austin’s very own thin film photovoltaic company that recently raised just under $100 million in venture financing, scored a huge hiring win today, announcing that Louay Eldada has been hired as CTO. Eldada was previously the CTO at du Pont, and served as a director for DuPont Photonics Technologies.
Prior to his five-year tenure at DuPont, Dr. Eldada founded and managed Telephotonics Inc., which was acquired by DuPont. Dr. Eldada also served at Honeywell Inc. (formerly AlliedSignal Inc.) where he started the Telecom Photonics business unit and directed its R&D arm. Having Eldada on board should help with the construction of the $80 million cleantech park that HelioVolt HelioVolt is in the process of constructing. “HelioVolt has consistently hit its milestones for bringing our advanced solar technology to the global energy market, momentum that we aim to sustain as we launch and diversify our product offering,” said HelioVolt CEO and founder Dr. BJ Stanbery. “Louay brings a unique combination of Fortune 500 operational expertise, entrepreneurial drive and technical achievement, experience that makes him well-suited to align technology development with the needs of our partners and customers as we continue to execute on our plan for strategic growth.”
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