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Manufacturing

NexWafe reinforces management team

“Rick and André are joining NexWafe at a critical inflection point as the company moves forward with commercialization of our direct gas-to-wafer production process,” said Davor Sutija, CEO of NexWafe. “I am confident that with Rick on board, NexWafe will establish its place as a leader in the photovoltaic solar wafer manufacturing industry. With André’s experience in growth stage financing, NexWafe is positioned to secure the funding needed to build out our first commercial scale operation, and secure additional strategic partnerships.”

Company preparing for its Series D funding round

As CTO, Rick will focus on NexWafe’s readiness for wafer production, chart the company’s technology roadmap, and work to attract talent to NexWafe’s product development teams. Rick is a technology leader with more than 25 years of experience in executive management for multiple high growth start-ups. His areas of expertise include solar, photonics and semiconductor technology.

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André started his career in the investment banking division of Goldman Sachs and previously served as the CFO for a fintech startup. His expertise in Corporate Finance and Investment Banking as well as extensive experience in fundraising and managing financial operations, makes him a vital addition to NexWafe, as the company prepares for its Series D funding round.

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Setting new standards in efficiency

“NexWafe is well positioned to revolutionize the solar wafer manufacturing industry by setting new standards in efficiency with the lowest carbon footprint. I am excited to join the team, as we scale to deliver high-performance EpiNex wafers, that will accelerate the low-carbon future we all need,” said Rick Schwerdfeger, CTO, NexWafe. (hcn)