JETSTREAM ENERGY TECHNOLOGIES, INC. (originally Jetstream Wind, Inc.) was formed in New Mexico in 2008, and after five years of research and development, introduced its SPECTRUM Dish System in 2013 for large scale utility and industrial applications. The company focuses on the development of cost effective reliable solutions for the generation/creation of electricity, clean water, and hydrogen as fuel or for industrial processes. While committed to an ethically and environmentally responsible approach to doing business, the Company is also guided by a practical business model that reinforces commercial viability. The company maintains its manufacturing facilities in Santa Fe, New Mexico and is highly vertically integrated there with capabilities to produce virtually all of the individual components of their products. Jetstream systems are designed for rapid manufacturing and implementation, and the company’s systems and output is highly scalable, cost efficient and can be easily shipped anywhere in the world. Jetstream is introducing its NewGen® 7 system, a small-scale system for residential and commercial applications. NewGen® has been designed to produce up to two times the power for less cost than typical photovoltaic panel systems.
Jetstream’s senior management team consists of company founders who have complementary backgrounds in engineering, research and development, prototyping, finance, government relations, marketing, sales, administration and public relations. They include:
Henry P. Herman, Founder and CEO
Over the past two decades, Mr. Herman has designed more than 3,000 prototypes for industry, formed an international consortium of energy-conscious individuals developing renewable energy opportunities, and directed the acquisition and development of several renewable energy properties. Mr. Herman founded Jetstream in 2008. Prior to founding Jetstream, he was President and Chief Executive Officer for the Chicago-based Millennium Design Group where he oversaw the integration of large-scale governmental and commercial prototypical engineering processes. He also served as the lead government-contracting liaison for Plynetics Express—the world’s largest rapid prototyping firm—where he coordinated various civilian corporations with NASA, DARPA, and the U.S. Navy. His responsibilities included procuring, managing and facilitating United States military and federal government level rapid-prototyping design and development contracts.
Craig Wycoff, Chief Financial Officer
Mr. Wycoff brings to Jetstream more than 30 years professional experience in investment and merchant banking, manufacturing and distribution, and as an owner of successful start-up and development enterprises as well as managing large complex companies, mergers and acquisitions. He previously was Managing Director of Corporate Acquisitions Inc., a Dallas, Texas based merchant and investment banking firm that focused on acquisition and development of various manufacturing and distribution companies. CAI was recognized in the industry for its high-end, quality corporate transactions including those involving The Dr. Pepper Company and the FreightMaster Division of The Halliburton Company. His firm acted as a merchant banker, then principal owners overseeing all aspects of corporate development and operations of the newly acquired companies.
Marc Powell, Director of Corporate Development
Marc Powell’s financial and operational expertise spans 25 years of broad based experience in a wide range of industries. In addition to his work guiding Jetstream’s business development, he also oversees his portfolio companies, The Princeton Group, a New Jersey-based real estate firm, and ReCARnation, an Albuquerque, NM transportation company. Between 1993 and 2003, Mr. Powell was President and Chief Executive Officer of IMADA Securities, Inc., where he managed private equity and alternative investment strategies for the hedge fund, Progressive I, LLP. Mr. Powell holds a Cum Laude Juris Doctorate from Harvard Law School and a Masters in Public Policy from the Harvard Kennedy School of Government, where he was a Kennedy Scholar.
In addition to its strong core of inside managers and dedicated associates, the Jetstream Team also includes specialists in the fields of high voltage transmission, electrical and civil engineering, energy security and threat assessment, tribal relations, environmental conservation, carbon credit brokering, business development and general contracting. Jetstream has a proven ability to complement its internal management capacity with an efficient use of external consultants as required.
MEET OUR ADVISORY BOARD: Jetstream will be introducing its distinguished Advisory Board soon!