World leading thermal storage technology company Sunamp has appointed seasoned US business leader Hank Torbert as its new chair, underlining the company’s focus on international expansion.
Mr. Torbert has a distinguished background as a banker, investor, and entrepreneur within the industrial and energy sectors. The announcement comes as Sunamp closes the final tranche of its Series A fundraising round and confirms a 250-fold increase in the order book for its heat battery technology.
Mr. Torbert is a seasoned business leader operating at the nexus of finance, strategy, innovation, and operations within the industrial and energy sectors. He is an expert on how new technologies, such as artificial intelligence, robotics, nanotechnology, transmission technologies and synthetic biology are changing the industrial landscape and how they impact strategy and investment decisions. Mr. Torbert has been active in the launch of several businesses in the cleantech, mobility and utility tech sectors.
Currently, President of Alta Max, LLC, a US-based provider of services and products for defence industries, he is also the CEO of The Frontier Conference, an eco-system of Industrial Innovation leaders focused on next generation technologies. In addition, Mr. Torbert is an advisory board member for several entities including the Small Business Capital Formation Advisory Committee, established by the U.S. Securities and Exchange Commission and the Center for Innovation Commercialization in Florida.
Commenting on the appointment, Sunamp chief executive Andrew Bissell said:
“This is a very exciting appointment for Sunamp, and Hank is a very welcome addition to the board. His extensive track record in growing businesses, along with his cross-sector board level experience and entrepreneurial flair is already proving very valuable to us. He leads a committed and talented board of directors, and I very much look forward to working with him as we enter our next phase of growth and extend our international footprint. Hank is aligned with our commercial aims, as well as our environmental ambitions to cut carbon emissions arising from heating and cooling in homes, businesses, industrial processes, and the automotive sector globally.”
Mr Torbert said:
“I was attracted to Sunamp because of its great technology, environmental credentials and global ambitions. Despite the global pandemic, Sunamp’s hard-working team has generated sustained growth. Joining the Board as Chair at this crucial time is exciting and invigorating. I look forward to, with the support the management team and Board, leading Sunamp in its efforts reach its ambitious goals. I am delighted to be part of this dynamic and committed team.”
In an article published by The Herald on 9 August 2021, Mr Torbert outlines what attracted him to Sunamp and why he’s confident our thermal storage technologies will see the company become a significant global player in accelerating the transition to renewable energy.