Energy Vault Holdings, Inc.

Greetings and welcome to Energy Vault third quarter 2022 earnings conference call. At this time, our participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Lawrence Alexander. Thank you, sir. You may begin.

Thank you and good afternoon and welcome to Energy Vault's third quarter 2022 earnings conference call. As a reminder, Energy Vault's earnings release and an updated third quarter earnings presentation is available now on our investor website, and we will be referring to the presentation during this call. A replay of this call will be available later today on the investor relations page of our website. This call is now being recorded. If you object in any way, Please disconnect now. Please note that Energy Vault's earnings release and this call contain forward-looking statements that are subject to risk and uncertainties. These forward-looking statements are only estimates and may differ materially from the actual future events or results due to a variety of factors. We caution everyone to be guided in their analysis of Energy Vault by referring to our 10Q filing for a list of those factors that cause our results to differ from those anticipated in any forward-looking statement. We undertake no obligation to publicly update or revise any forward-looking statements except as required by law. In addition, please note that we will be presenting and discussing certain non-GAAP information. Please refer to the Safe Harbor disclaimer and non-GAAP financial measures presented in our earnings release for more details, including a reconciliation to comparable GAAP measures. Joining me today on the call is Robert Piconi, our Chairman and Chief Executive Officer, David Hitchcock, our Interim Financial Officer, and Jan Kees van Gaaland, our newly appointed Chief Financial Officer. At this time, I'd like to turn over the call to Robert Piconi.

Thank you, Lauren. And I'd like to welcome everyone to our third quarter 2022 financial results conference call. We've a lot to share today. I'm real excited about around our commercial and operational progress, as well as a myriad of new customer project awards. But I want to start my remarks by first welcoming our new Chief Financial Officer, Jan Kees van Galen. Many of you might be familiar with Young Case if you're in this industry, as he comes to us with extensive financial leadership experience directly in the energy industry in a career spanning 35 years across 20-plus countries around the globe. The Energy Vault team and I are looking forward to work with Young Case and the contributions he will make as we expand our global infrastructure, fortify our financial and cash discipline within our rapid growth envelope, and continue to build the institutional investor relationships as we meet our commitments and execute our plans. I'd also like to thank David Hitchcock, who's sitting here with me, for all the support the last six months on an interim basis post our successful IPO earlier this year. It's never easy to have an accomplished CFO like David come out of retirement to work in a public company role again, but I've really appreciated David's contributions at this stage of the company's growth to ensure we continue our focus on sound financial management practices while pursuing profitable growth in both our commercial and operational ramp up this year. So thank you, David, for that.