Mr. Farrell holds a B.S. Mr. Fleury began his career in the Global Energy & Power Investment Banking Group at Banc of America Securities, LLC. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. As an Assistant U.S. Attorney, Ms. Prager handled federal cases involving terrorism, wire and mail fraud, economic espionage, and export control violations, among other matters. Our priority continues to be reducing costs and deploying those resources towards the Companys path to positive cash flow from operations in 2023. Mr. Khan received a B.S. "TeraWulf's ability to raise private capital underscores the attractiveness of bringing a new paradigm for cryptocurrency mining to the public markets," TeraWulf chairman and CEO Paul Prager said . Sandy Harrison is the Vice President of Investor Relations for TeraWulf Inc., where he is responsible for leading the companys investor relations program and furthering its environmental, sustainability and governance initiatives. Before entering private practice, Ms. Prager was a federal prosecutor in the U.S. Attorneys Office for the District of Columbia, as well as Acting Assistant Secretary and Deputy Assistant Secretary for Export Enforcement at the U.S. Department of Commerces Bureau of Industry and Security. At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. and a B.A. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Kerri Langlais is the Chief Strategy Officer for TeraWulf Inc., where she is responsible for the development and implementation of the Companys overall corporate strategy, business development, strategic partnerships, and growth initiatives. Paul Prager, Chairman & Chief Executive Officer of TeraWulf, said, "TeraWulf represents an exciting new paradigm for cryptocurrency mining, which is built on a significant strategic. Today, I write in gratitude: proud of our accomplishments, inspired by our extraordinary employees, and confident in our strategy. TeraWulf Announces January 2023 Production and Operations Updates. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. You could say it all started with a bundt cake. Despite weather-related price volatility in December, the Company projects an average cost of power of approximately $0.035/kWh across its two sites. Our industrial-scale mining facilities in New York and Pennsylvania will mine Bitcoin using cost-effective, zero-carbon energy. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. Power prices increased dramatically during the severe weather event that crossed most of the United States in December, increasing Lake Mariners operating cost during the days of local impact. from the University of Pennsylvania. The Nautilus Cryptomine, located in Berwick, Pennsylvania, is directly connected to the Susquehanna Nuclear Station and pays a five-year fixed-price of $0.02/kWh, among the lowest in the Bitcoin mining sector. Paul Prager "TeraWulf " BTC TeraWulf 100% BTC Mr. New brings to the board of directors a wealth of experience in complex financial structuring and optimization in a public company setting. Mr. Carter is a Distinguished Flying Cross and Bronze Star recipient. Paul Prager. Mr. Farrell began his energy career at Siemens Energy and held positions of increasing responsibility within their Power System Sales organization in both generation and electric delivery across diverse verticals for over a decade. in history and earned a J.D. Paul Prager is the Chief Executive Officer and the chair of the board of directors of TeraWulf. Ms. Motz brings to the board of directors extensive leadership and public policy experience. Most recently, Ms. Langlais was an executive at Beowulf Energy LLC, a leading private energy infrastructure company, where she led the companys M&A and financing efforts. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. . Paul B. Prager Chairman and Chief Executive Officer TeraWulf Inc. About TeraWulf TeraWulf (Nasdaq: WULF) owns and operates vertically integrated, environmentally clean Bitcoin mining. Co-Founder, and Chief Executive Officer of TeraWulf Inc. All Rights Reserved. Compare what we share: the breadth and depth of real data, with unbridled transparency, in a timely way. Mr. Khan previously served as Executive Vice President of Beowulf Energy LLC for nearly 20 years, where he led the firms acquisition and development efforts. New Executive Interview with TeraWulf CTO and COO Nazar Khan. You can sign up for additional alert options at any time. Led by an experienced group of energy entrepreneurs, the Company is currently operating and/or completing construction of two mining facilities: Lake Mariner in New York, and Nautilus Cryptomine in Pennsylvania. Importantly, I want to thank our loyal investors and fellow WULFpack members for sticking with us through an unimaginably challenging year. Your trust and confidence in TeraWulf have helped us build a remarkable company. Why? from Heidelberg University and an LL.M. Puoi modificare le tue scelte in qualsiasi momento cliccando sui link "Dashboard privacy" sui nostri siti e sulle nostre app. The Nautilus Cryptomine facility, a joint venture with Talen Energy Corporation, is in the initial stages of ramping its mining operations and is expected to provide 50 MW of net mining capacity to TeraWulf in Q1 2023, representing the Companys 25% interest in the joint venture. You must click the activation link in order to complete your subscription. Also Known As Paul B. Prager. A graduate of the United States Naval Academy, Mr. Prager is a member of the investment committee and Trustee of the USNA Foundation. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. Yahoo fa parte della famiglia di brand di Yahoo. Most recently, Mr. Deane was an executive with Heorot Power Holdings LLC, an owner and operator of power generation assets. She also served as Deputy Legal Counsel to Governor O'Malley and as the Interim Director of the Governor's Office for Children. Co-Founder, and Chief Executive Officer of TeraWulf Inc. Mr. Fleury received a BA, magna cum laude, in Economics and Government & Legal Studies from Bowdoin College. Mr. Prager Paul B. C/O TERAWULF INC. 9 FEDERAL STREET EASTON, MD 21601 X X Chief Executive Officer Signatures /s/ Paul B. Prager 3/1/2023 HYPERLINK "" \l "**Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. Paul Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor and Moelis & Company LLC acted as exclusive placement agent to TeraWulf in connection with the debt and equity financing.. Today, I write in gratitude: proud of our accomplishments, inspired by our extraordinary employees, and confident in our strategy. Most recently, he ran the Multi-Asset Sales & Trading business in Canada and led efforts to expand this strategy globally. She began her career at Freshfields and Willkie Farr & Gallagher LLP in New York and Frankfurt, Germany. For the last 8 years, he served as Vice President of Investor Relations at Semtech Corporation, managing and growing the investor relations program. Paul Prager is the Chairman, Co-Founder & CEO at TeraWulf. Most recently, Mr. Fleury served as a founding member of the credit team at Platinum Equity, where he was responsible for public and private credit investments. As COO and CTO, Mr. Khan oversees the development and implementation of TeraWulfs day-to-day operations, including hardware procurement, site evaluation, infrastructure buildout and identification of future growth opportunities. "TeraWulf's ability to raise private capital underscores the attractiveness of bringing a new paradigm for cryptocurrency mining to the public markets," said Paul Prager, Chairman and Chief . New Executive Interview with TeraWulf CTO and COO Nazar Khan. February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager . EASTON, Md., January 09, 2023--(BUSINESS WIRE)--Today TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, provided an unaudited monthly production and operations update for December 2022. TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment Option. . Mr. Deane brings more than 20 years of financial and operational experience in the power, high tech and public accounting sectors. Se vuoi personalizzare le tue scelte, clicca su "Gestisci le impostazioni per la privacy". 22. In this installment of the mining miniseries we cover: Paul's career trajectory from coal trading to energy infrastructure to Bitcoin Beowulf's deal with Marat in accounting from the University of Florida. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. Ms. Fleischmann holds a J.D. | Privacy Policy. And in that short period, our team has accomplished key milestones that we believe will be foundational in achieving our . Fifth Amendment to Loan Agreement. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 1 public school ranking by Forbes and expanded academic opportunity and diversity. Because our confidence in TeraWulf is stronger than ever as we build upon, and begin to realize, our distinguishing advantages. Regions Greater New York Area, East Coast, Northeastern US. TeraWulf. Paul B. Prager is the largest individual Terawulf shareholder, owning 25.05M shares representing 19.52% of the company. April 22, 2022, 4:20 PM. While there has been significant progress this year, much more remains to be done. Mr. Khan previously served as Executive Vice President of Beowulf Energy LLC for nearly 20 years, where he led the firms acquisition and development efforts. Co-Founder, Chairman & Chief Executive Officer. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. Green bitcoin miner TeraWulf going public via reverse merger. THE WOODLANDS, Texas, Aug. 3, 2021 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today that, as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, it has entered into a Joint Venture with TeraWulf Inc. ("TeraWulf"), a U.S.-based bitcoin mining company, to develop up to 300 Megawatts of zero-carbon bitcoin . Mining Disrupt Conference July 25-27, 2023 Miami . Kenneth Deane is the Chief Accounting Officer and Treasurer of TeraWulf Inc., where he is responsible for managing the Companys financial functions, including accounting, audit, internal control and treasury. ESG is at the core of TeraWulfs corporate strategy and ties directly to its business success, risk mitigation, and reputational value. Energy Intensive Bitcoin Mining: Can the Use of Renewables Answer Critics of Cryptocurrency? 1. Before joining Heorot Power, Mr. Deane held positions of Chief Financial Officer, Vice President and Corporate Secretary at Isonics Corporation; Senior Finance Manager at Sun Microsystems, Inc.; and Audit Manager at Deloitte LLP. February 2023 Dear Shareholders, . All Rights Reserved. "Our ability to secure this new capital, together with the near-term deployment of the S19 XP miners at Lake Mariner, is further indication of TeraWulf's continued momentum," said Paul Prager . Attended United States Naval Academy. Naval Academy, his alma matter. TeraWulf is led by an accomplished, diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. in Industrial Psychology & History from Washington & Lee University. Nazar Khan is the Co-Founder, Chief Operating Officer, Chief Technology Officer, and Board Member of TeraWulf Inc. Mr. Khan brings tremendous experience in energy infrastructure and cryptocurrency mining and has led TeraWulfs business strategy since day one. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. TeraWulf is led by an accomplished, diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. After submitting your request, you will receive an activation email to the requested email address. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. from Boston University and is admitted to practice law in New York and Germany. View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005442/en/, Sandy Harrisonharrison@terawulf.com (410) 770-9500, https://www.businesswire.com/news/home/20230106005442/en/, Pot vote has Oklahoma hungry to rake in green from Texas, How Ron DeSantis misreads Corporate America, Tesla recalls 3,470 Model Y vehicles over loose bolts, 3 big things in investing you might have missed this week, UPDATE 1-North Korea says US causing international arms control collapse. Lisa Pragerserves as General Counsel and Executive Vice President of the Agricultural Bank ofChinaNew YorkBranch. Per saperne di pi su come utilizziamo i tuoi dati personali, consulta la nostra Informativa sulla privacy e la nostra Informativa sui cookie. 4. Path to Positive Cash Flow from Operations in 2023 and Beyond. Ms. Langlais received her BA in Finance and graduated with honors from Boston College. All Rights Reserved. Mr. Fleury brings 22 years of finance experience, comprising of capital markets, principal investing, and advisory roles. Most recently, he served as North American Head of Onshore Sales and Marketing at Siemens Gamesa Renewable Energy Inc., leading the U.S. and Canadas onshore wind turbine product development and market strategy.
