"ARENA last November announced it would give $11 million in...

"ARENA last November announced it would give $11 million in grant funding to SunDrive, to expand its novel solar cell metallisation technology from prototype scale (around 1.5 megawatts a year) to commercial capacity of more than 100 MW a year."

"SunDrive said Allen’s shift to the CTO position would allow him to focus on the development of the company’s world-leading technology. It said Malligan had vast experience in scaling up start-up companies, including Uber, and has an MBA from the Columbia Business School."

Arena has to be repaid.
As usual from Startup to Producer different skillsets needed. Founders & Research out.