Heron Power Secures $60M Credit Facility and Appoints Former Tesla CFO to Board

Heron Power, a prominent advanced power electronics manufacturer, secures a $60 million credit facility from J.P. Morgan and TriplePoint Capital. The company also appoints Zach Kirkhorn, former CFO of Tesla, to its board of directors. The funding follows a successful $140 million Series B round and marks a key milestone in Heron's journey towards large-scale production.