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Matthew Lazarewicz
President at Helix Power Corporation
Professional Background
Matthew Lazarewicz is a distinguished figure in the field of energy storage, currently serving as the President and founder of Helix Power Corporation, a promising startup dedicated to revolutionizing energy storage with innovative flywheel-based systems. With extensive experience as a corporate executive and Chief Technology Officer (CTO) of a public company, Mr. Lazarewicz brings a wealth of knowledge and leadership skills to the forefront of the energy sector. His career is marked by a significant tenure leading teams ranging from 20 to 150 professionals in both large corporations and startup environments, guiding them through development phases, transitions to production, and full-scale production of advanced technologies.
In his previous role at Beacon Power Corporation, he was instrumental in taking the company public on the NASDAQ exchange in November 2000, securing $50 million in private financing, and raising an impressive additional $150 million as the firm matured into a publicly traded entity. His profound impact on the industry is also reflected in his management of budgets up to $100 million. Mr. Lazarewicz has consistently demonstrated functional strengths in both corporate and technical leadership, making a name for himself in technical marketing, system design, product development, and quality assurance, including compliance with ISO 9000 standards. Notably, he is Six Sigma certified, highlighting his commitment to operational excellence and efficiency.
Recognized as a leading industry expert by the U.S. Department of Energy and distinguished energy communities globally, Mr. Lazarewicz has made significant contributions to energy storage applications, particularly related to power grids and microgrid developments. His expertise culminated in guiding the design and construction of the world’s first and largest 20MW flywheel energy storage plant – a groundbreaking accomplishment that demonstrated a 2-4X effectiveness compared to existing conventional technologies for short-term load balancing across the power grid.
Education and Achievements Matthew Lazarewicz's educational background is rooted in solid principles of engineering and management, having earned both his Master of Business Administration (M.B.A.) in Management of Technology and Innovation, and his Master of Science in Mechanical Engineering (MSME), as well as a Bachelor of Science in Mechanical Engineering (BSME), from the prestigious Massachusetts Institute of Technology (MIT). This rigorous academic training has equipped him with the analytical skills and innovative mindset necessary for excelling in complex technical environments and strategic leadership roles.
Throughout his career, he has been involved in esteemed organizations and initiatives. Before founding Helix Power Corporation, he was the President of Energy Storage Solutions, LLC, where he contributed to advancements in energy solutions that align with sustainable development goals. His experience also extends to the Electricity Storage Association, where he served as a Director, shaping pivotal discussions and initiatives within the energy storage sector. Moreover, during his tenure at Beacon Power Corporation, he held various leadership roles, including VP & CTO and VP of Engineering, overseeing crucial projects that propelled the company into the future of energy technology.
Achievements Mr. Lazarewicz's achievements are numerous and noteworthy. He is celebrated for his role in developing the groundbreaking 20MW flywheel energy storage facility, which not only set a benchmark for efficiency but also garnered recognition across the renewable energy landscape. His reputed work has led to awards and accolades from various professional organizations, and his insights are sought after in international forums and conferences focused on energy innovation and sustainable practices. As industries pivot towards greener and more efficient energy solutions, professionals like Mr. Lazarewicz are invaluable assets, continually evolving the landscape with their vision and expertise.
