Aegis talks SMR/MMR program, appoints CEO, CFO

Executive Summary

• Aegis Critical Energy Defence Corp. announced the appointment of Dr. Ramtin Rasoulinezhad as CEO and Simon Tso as CFO, effective immediately, with Dr. Rasoulinezhad also joining the board.
• The company is advancing its SMR/MMR hybrid-energy program through a MITACS grant application with Ontario Tech University to develop a Digital Twin-enabled energy management framework for Arctic and NORAD-aligned missions.
• The company issued significant equity incentives, including 1.55 million RSUs to management/consultants and 1.5 million stock options to directors, officers, employees, and consultants, tied to project milestones.

Key Details

• Leadership Changes:
  • Dr. Ramtin Rasoulinezhad appointed as Chief Executive Officer and Board Director. He brings experience in secure energy systems, hybrid power, SMR-integrated architectures, and quantum-enabled cybersecurity. He is a Canada's Clean50 Emerging Leader.
  • Simon Tso appointed as Chief Financial Officer. He is the principal of Athena Chartered Professional Accountant Ltd. and co-founder of Zeus Capital Ltd. He holds a B.Com. (Finance) from UBC Sauder, is a CFA charter holder, and a Chartered Professional Accountant.
  • Paul Dickson is departing as CEO to focus on a hydrogen-energy spinout announced in March 2026.
• Strategic Program & Partnerships:
  • Submitted a MITACS grant application in partnership with Ontario Tech University and leading researchers.
  • Program focuses on a Digital Twin-enabled energy management and control framework for SMR/MMR-based hybrid energy systems.
  • Target applications include Arctic, marine, and high-impact infrastructures, specifically supporting NORAD mission readiness and continental defence requirements.
  • Builds on the Power Barge concept developed for the Port of Vancouver and Port of Victoria under the Green Corridor Fund, in collaboration with 3GA Marine, B.C. Hydro, Seaspan, and port authorities.
  • Potential deployment locations for floating SMR/MMR power platforms include Churchill, Prince Rupert, James Bay, and Arctic ports in Canada and Greenland.
  • Technical focus includes an integrated nuclear-aware microgrid architecture with high C-rate batteries, advanced power electronics, and intelligent EMS/PMS platforms.
  • Commercial deployment target: Within four years.
• Equity Incentives:
  • Issued 1.55 million Restricted Share Units (RSUs) to members of management and consultants. Milestones are tied to the successful advancement of company projects.
  • Granted 1.5 million stock options to directors, officers, employees, and consultants to align long-term incentives with shareholder value creation.

Notable Quotes

• No direct quotes from executives were included in the text provided.