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Posted on February 3, 2010 by  & 
External Company Press Release

Heliatek fill key position with an industry experienced specialist

Michael Mohr joins Heliatek as VP Production

After being able to win over Dr. Andreas Rückemann as CEO already in November 2008, Heliatek have now filled another key position with an industry experienced top-class specialist: Since January 2010, Michael U. Mohr is working for Heliatek as VP Production.
Having received his Ph. D. in organic chemistry at the Max-Planck-Institute in Heidelberg, Dr. Rückemann held several management positions at the multinational company Evonik for 15 years.
Having gained experience on corporate development and investment planning, he became operations manager of the production line. Then he was engaged several years in the reorganization of the Evonik GmbH within Mergers & Acquisitions. In recent years, he was leading a subsidiary company abroad and was additionally responsible for the global electronics-business of a business unit of the Evonik GmbH in Frankfurt/Main.
Within the first year of his function at Heliatek, Dr. Rückemann has successfully completed the series B financing round with a volume of 18 Mio Euro together with Dr. Martin Pfeiffer, main founder and CTO of Heliatek. Heliatek was thereby able to win RWE Innogy and other investors. In addition to the already involved shareholders Wellington Partners, BASF VC and Bosch.
Dr. Rückemann has taken over the position as CEO from Dr. Harald Eggers. Dr. Eggers, who gained excellent international reputation with the buildup of the whole semi-conductor industry in Dresden, supported Heliatek as a business-angle during the start-up phase. Unfortunately Harald Eggers died in January this year.
Michael U. Mohr has completed his engineer studies in system technology with specifics in material engineering. Mr. Mohr has more than 7 years production experience in thin film technology. Lately, he worked at Oerlikon Solar AG as Department Chief Production Technology on technology transfer, integration and ramp-up. His experiences on silicon-based thin-film photovoltaic are particularly valuable for Heliatek's challenges in Organic Photovoltaics (OPV).
Mr. Mohr is responsible for the technology transfer from research and development to production as well as for the further ramp-up to mass production, thus creating a basis for Heliatek's prospective success as provider of innovative, light-weight and long-lasting PV-modules on flexible substrates.
"With Michael Mohr we could hire a top-class, experienced leader for our production and perfectly fill a central vacancy in our company. This shows that Heliatek is established in the forward-looking area of OPV and is highly attractive for such successful specialists due to its tremendous growth potential. We are looking forward to this cooperation", Dr. Rückemann commented.

About Heliatek

The 2006 Spin-off of the University Dresden and Ulm founded Heliatek GmbH develops organic photovoltaic cells with the proprietary tandem technology from so-called "small molecules", organic dyes, which are synthesized from hydrocarbons.
In August 2009 the Fraunhofer-Institute for Solar Energy Systems (ISE) certified such a photovoltaic cell with an efficiency of 6.1%. The rapid progress in efficiency and the excellent operational stability are prevalently based on newly developed organic molecules from the laboratories of Heliatek and BASF.
Heliatek overall has about 36 employees at the sites Dresden and Ulm. After the financing rounds in 2007 and 2009, the three strategic investors BASF, Bosch and RWE are engaged in Heliatek; so are the pan-European Venture Capital-company Wellington partners and further VC-associations.
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