HELIOVIS AG

Discontinuation of business of HELIOVIS AG   HELIOVIS AG, an Austrian solar tech company, announces the discontinuation of all business activities. The company has developed a highly innovative, pneumatic solar concentrator (HELIOtube®) for the provision of emission-free process heat for the decarbonization of industry throughout the global sunbelt.   Despite support from the EU and national funding bodies, consistently loyal investors, a large number of partners as well as reference projects in Spain and the Middle East, it was not possible to ensure the company’s further development. The main reasons include the consistent low level of industrial prices for fossil fuels in the target regions, the subsidized and therefore unrivalled production costs of photovoltaics from Asia, and the fact that effective CO² pricing exists only in Europe and only for a limited number of industries.   HELIOVIS wishes to express its gratitude to all shareholders, sponsors, employees and its global partners for their joint efforts in developing this solar-thermal solution. The energy transition remains a global challenge and must be driven forward – now, unfortunately, without HELIOVIS.   Wiener Neudorf, November 8, 2024 HELIOVIS AG

💧 The World's Freshwater Crisis: A Call for Sustainable Solutions With the world facing a serious and growing water crisis, access to freshwater is becoming increasingly scarce. According to the WWF, currently 1.1 billion people lack access to water and 2.7 billion experience water scarcity at least one month a year. By 2025, two-thirds of the world's population may be affected by water shortages. Factors such as climate change, population growth, and industrial expansion are intensifying pressure on water resources, making sustainable water management more crucial than ever. At HELIOVIS and at Trevi Systems, we are committed to addressing this challenge with innovative technologies that not only make water treatment more efficient but also environmentally sustainable. 🌱 How we make a difference: 1. Sustainable Water Recovery: Trevi Systems’ forward osmosis technology allows for high-recovery desalination and minimal liquid discharge (MLD), using mid-temperature thermal energy that can be supplied by renewable sources or waste heat. With significantly lower energy consumption than traditional reverse osmosis, Trevi’s technology can achieve high recovery rates, making it ideal for treating high-salinity waters and integrating with renewable energy sources. 2. HELIOtube Technology: By harnessing the power of the sun, our HELIOtube solar concentrators provide a cost-effective and low-carbon thermal energy source for water desalination, turning challenging wastewater into freshwater with no greenhouse gas emissions. 3. Real-World Impact: Our ongoing project in Oman demonstrates how combining renewable energy with advanced water treatment can provide clean water to communities, industries, and agriculture, reducing reliance on depleting natural freshwater sources. Together, we work for a world where water scarcity is no longer a threat but an opportunity for innovative and sustainable solutions. The global water treatment market is projected to grow from $323.32 billion in 2023 to $536.41 billion by 2030 (CAGR of 7.5%). The seawater and brackish water desalination market is set to reach $25.7 billion by 2028 (CAGR of 8.1%). ( sources: https://lnkd.in/gn6uXnP ) 💧 Join HELIOVIS in our mission at ADIPEC 2024 to explore how our technologies can help achieve your sustainability goals. Schedule a meeting with us to learn more about our technology. #FreshwaterCrisis #SustainableWaterManagement #ClimateChange #RenewableEnergy #InnovativeTechnologies #WaterSolutions #Desalination #ZeroLiquidDischarge #CleanWaterForAll #HELIOVIS #TreviSystems #ADIPEC2024

Employee Spotlight: Osama Albakr – Production Specialist, HELIOVIS 🌟 Meet Osama Albakr, our Production Specialist at HELIOVIS. Osama plays an important role in manufacturing the HELIOtube®, ensuring precision in processing polymer films and assembling our large-scale solar collectors. With a commitment to accuracy and teamwork, he tackles challenges head-on, embodying our mission to drive sustainable industrial heat solutions. #HELIOVIS #EmployeeSpotlight #Sustainability #SolarEnergy #Innovation

🌍 HELIOVIS at ADIPEC 2024: Driving the Future of Energy and Water Management Solutions We’re thrilled to announce that HELIOVIS will be exhibiting jointly with our partner ARA Petroleum LLC at ADIPEC Exhibition and Conference 2024 from 4-7 November in Abu Dhabi, one of the world’s largest and most influential energy platforms. We’re eager to showcase our cutting-edge technology and contribute to the global conversation on sustainable energy. 🚀 Our HELIOtube™ Move beyond costly glass-mirror parabolic troughs to experience the innovation of the HELIOtube® technology. Our inflatable solar collector offers a cost-effective solution for the decarbonization of industrial process heat thanks to its robust, lightweight, and recyclable plastic construction. Our technology reduces CO₂ emissions and provides a sustainable energy solution. 💧 Produced Water Management Our commitment to sustainability goes beyond energy. Together with Trevi Systems, HELIOVIS is in the process of commissioning a commercial plant enabling advanced produced water management on an oilfield in Oman. With a focus on energy efficiency and environmental impact, we provide one of the most sustainable and economically viable ways to treat produced water in the energy sector. 🤝 Let’s Connect! If you’re attending ADIPEC 2024, we’d love to meet you! Feel free to reach out and schedule a meeting with us in advance to discuss how we can collaborate on advancing sustainable energy and water management solutions. #ADIPEC2024 #HELIOVIS #SustainableEnergy #ProducedWaterManagement #HELIOtube #EnergyTransition #Networking #AbuDhabi #SolarEnergy #CleanTech #WaterSolutions

HELIOVIS at the Middle East Produced Water Management Conference 2024 🌍 On September 23-24, HELIOVIS had the pleasure of participating in the Middle East Produced Water Management Conference in Dubai. The event was insightful and rich in content, highlighting the growing importance of managing produced water—a significant byproduct in the oil and gas industry with annual production in the MENA region alone exceeding 45 bn(!) barrels in 2023. As the name suggests, produced water is the highly saline, often toxic water that is extracted alongside oil. It contains residual oil, chemicals, and heavy metals, and its corrosive nature significantly affects oilfield infrastructure. With the growing volumes of produced water, especially from aging oilfields, the need for sustainable management solutions has never been more critical. This issue takes on even greater urgency in the Middle East, where water scarcity is a persistent concern, and the Arabian Gulf already has a salt concentration one-third higher than average seawater. This rising salinity impacts the performance of existing desalination plants, creating further pressure on regional freshwater supplies. At the conference, leading organizations shared their expertise through presentations, including SLB, OMV Petrom, Japan Oil, Gas and Metals National Corporation (JOGMEC), ACCIONA, Trevi Systems, Al Shirawi, Clear Water Solutions, Kuwait Oil Company, Environment Agency – Abu Dhabi (EAD). The critical nature of produced water management is clear to all, and it was highly encouraging to see various approaches being explored. Together with our partners from TreviSystems, HELIOVIS is currently commissioning a commercial plant for the emission-free treatment of produced water on an oilfield in Oman. With this pioneering installation, we are at the forefront of technical innovation and hope to contribute to the pressing regional freshwater issue by offering a commercially attractive and environmentally friendly solution for the management of produced water. A big thank you to the event organizers and all the brilliant minds that shared their insights. 💧 #ProducedWater #WaterManagement #MiddleEast #HELIOVIS #OilAndGas #WaterReuse #Sustainability #WaterScarcity #EnergyTransition #Innovation

HELIOVIS Recap: Houston Energy and Climate Startup Week 💡   What a week it's been! From September 9-13, the Houston Energy and Climate Startup Week 2024 brought together innovators, industry leaders, and investors to shape the future of energy. HELIOVIS was proud to be part of this exciting journey!   One of the week’s standout moments was pitching at the Rice Alliance for Technology and Entrepreneurship Energy Tech Venture Forum on September 12. This incredible event hosted over 600 investors, executives, founders, and experts in energy technology, creating the perfect platform to showcase HELIOVIS' HELIOtube® and its potential to revolutionize solar thermal energy. With 50+ startups pitching and countless meaningful conversations, we received tremendous feedback and made many new connections that will drive our mission forward. 🙌 ✨ Key Highlights: Speed dating at 'Office Hours': Engaged with five top-tier investors in rapid-fire sessions, with two new groups expressing strong interest in our vision. Rice Alliance Energy Tech Venture Forum (ETVF): 50 high-energy 4-minute pitches (incl. HELIOVIS) and several panel discussions led by Brad Burke focused on innovations leading the energy transition. Halliburton Labs Finalists Pitch Day: We felt extremely privileged to have been selected as one of only 9 handpicked companies to present our technology at this prestigious event.   Throughout the week, we also had the opportunity to participate in fruitful mentoring sessions and network with key stakeholders from major players like Chevron, Saudi Aramco, Shell, BP, and more. The support and encouragement we received from the startup ecosystem and venture capital community were truly inspiring.   A special thank you to the Rice Alliance team and all the organizers of this amazing event. The energy transition is happening, and HELIOVIS is excited to be at the forefront of innovation in clean energy.   #HELIOVIS #EnergyTransition #CleanEnergy #SolarThermal #RiceAlliance #ETVF #HoustonEnergyWeek #Innovation #VentureForum #ClimateTech

HELIOVIS Recap: Halliburton Labs Finalists Pitch Day What an incredible experience at the Houston Energy and Climate Week 2024! 🌍 At the end of this fantastic week, HELIOVIS had the honor of pitching at the prestigious Halliburton Labs Finalists Pitch Day on September 13th, where we presented our innovative solar thermal technology, the HELIOtube®, to an auditorium filled to capacity with investors and industry experts, founders, scientists, and students. The presentation was followed by a Q&A session with a top caliber panel of experts and energy industry leaders, including: Jeff Miller | Chairman of the Board of Directors, President & CEO, Halliburton John Grotzinger | Professor of Geological Sciences & Division Chair, California Institute of Technology Barbara Burger | Corporate Graduate & Energy Director, Advisor Paul Sheng | Co-founder & Managing Partner, Fathom Fund Evelyn Wang | Director, Advanced Research Projects Agency-Energy (ARPA-E) Dale Winger | Managing Director, Halliburton Labs We are beyond grateful for the welcoming and profound discussion and the positive feedback we received from this outstanding panel. In addition, the event provided a fantastic opportunity to connect with other game-changing startups and explore exciting technologies that are transforming the energy industry. ⚡ From the vibrant networking to the inspiring panels, this week was packed with invaluable insights and connections that will undoubtedly help accelerate our mission to drive the energy transition and contribute to a sustainable, low-carbon future. A massive thank you to Halliburton Labs and Rice Alliance for Technology and Entrepreneurship for their continuous support of emerging technologies and for hosting such a remarkable event. 🙌 We look forward to building on the momentum from this week and continuing our journey towards innovation and impact. #HELIOVIS #EnergyTransition #CleanEnergy #SolarThermal #HalliburtonLabs #RiceAllianceforTechnologyandEntrepreneurship #Innovation #ClimateTech #HoustonEnergyWeek

Houston Energy and Climate Startup Week 2024 starts now, bringing together the brightest minds and boldest innovations in energy and climate technology! As we gear up for this exciting week from September 9-13, HELIOVIS is honored to be part of the action, where key industry leaders, venture capitalists, and startups convene to accelerate the energy transition. Among the week's highlights, we’re thrilled to be pitching at the Rice Alliance for Technology and Entrepreneurship Energy Tech Venture Forum on September 12. This forum is a premier event for energy tech innovation, providing an incredible platform to connect with over 600 investors, industry leaders, and experts. With 50+ live pitches and thought-provoking discussions on the future of energy, this is where the next wave of transformative technologies, like our HELIOtube®, will shine. Additionally, we’ll be presenting at the Halliburton Labs Finalists Pitch Day on September 13. Halliburton's support for emerging technologies in energy transition will allow us to showcase how HELIOVIS contributes to a sustainable, low-carbon future. The week will be packed with dynamic panels, networking opportunities, and high-impact presentations that are shaping the future of energy. We’re excited to be part of this vibrant ecosystem and look forward to engaging with other innovators and investors driving the energy revolution. #HELIOVIS #EnergyTransition #CleanEnergy #SolarThermal #RiceAlliance #ETVF #HalliburtonLabs #HoustonEnergyWeek #Innovation

HELIOVIS at Halliburton Labs: A Step Toward Industry Transformation   We are thrilled to announce that HELIOVIS has been selected as a finalist and will be pitching at Halliburton Labs' 10th Finalists Pitch Day, part of the Houston Energy and Climate Startup Week 2024! 🌍 This event isn’t just another pitch day; it’s a convergence of innovation, experience, and the forward momentum needed to drive a sustainable energy future.   With over 2,480 attendees, 537 investors, and a vibrant ecosystem of energy and climate leaders, this whole week represents a unique opportunity for us to showcase our groundbreaking HELIOtube® technology. As the energy industry faces increasing pressure to decarbonize, solutions like ours, which provide scalable, low-carbon process heat, are becoming essential.   Our participation at Pitch Day is more than only a presentation—it's a chance to align with industry giants and investors who share our vision of a sustainable, zero-emission future. We look forward to connecting with the brightest minds in the field and driving meaningful change in the energy landscape.   #HELIOVIS #Sustainability #SolarThermal #EnergyInnovation #HoustonEnergyWeek #PitchDay #HalliburtonLabs

Employee Spotlight: Abbas Khamis – Operations Manager, Oman 🌟 We're excited to introduce Abbas Khamis, our Operations Manager in Oman. Abbas plays a crucial role in the construction and operation of our solar thermal water treatment plant, ensuring that we meet and exceed our clients' expectations. With a deep commitment to sustainability and innovation, Abbas is at the forefront of HELIOVIS' mission to decarbonize industrial process heat. Get to know more about his daily work, his vision for a sustainable energy future, and what makes his perfect summer vacation. #HELIOVIS #EmployeeSpotlight #Sustainability #SolarEnergy #Innovation