Northwire Canada EditionTuesday, July 14, 2026
Northwire
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Management Neutral

Aegis Critical Energy Announces Leadership Appointments and Strategic Advancement of SMR/MMR Hybrid-Energy Program Supporting Arctic Security and NORAD Mission Readiness

QESS · Price

Executive Summary

  • Aegis Critical Energy Defence Corp. announced significant progress in its advanced nuclear‑hybrid energy program, including a MITACS grant application with Ontario Tech University to develop a Digital Twin‑enabled management framework for SMR/MMR hybrid systems.
  • The company appointed Dr. Ramtin Rasoulinezhad as Chief Executive Officer (and Board member) and Simon Tso as Chief Financial Officer, effective immediately.
  • Equity incentives were issued: 1.55 M RSUs to management/consultants and 1.5 M stock options to directors, officers, employees and consultants tied to project milestones.

Key Details

  • MITACS Grant Application: Submitted in partnership with Ontario Tech University faculty (Prof. Atkinson, Prof. Gaber, Prof. El‑Khatib, Prof. Yang) to fund development of a Digital Twin‑enabled energy management and control framework for SMR/MMR hybrid systems targeting Arctic, marine and high‑impact infrastructure.
  • Program Scope: Builds on the Power Barge concept for Vancouver and Victoria ports (Green Corridor Fund collaboration with 3GA Marine, BC Hydro, Seaspan). Expanded to support continental defence requirements and potential deployment of floating SMR/MMR platforms at Churchill, Prince Rupert, James Bay, and Arctic ports in Canada and Greenland.
  • Technical Architecture: Integrated nuclear‑aware microgrid combining high C‑rate batteries, advanced power electronics, and intelligent EMS/PMS platforms; includes reactor‑aware control layer for real‑time coordination of SMR output, battery response, and critical loads. Commercial deployment targeted within four years.
  • Executive Appointments:
  • Dr. Ramtin Rasoulinezhad – Chief Executive Officer (effective immediately) and new Board member. Background: design/deployment of secure high‑reliability energy systems across utilities, oil & gas, marine sectors; recognized as Canada’s Clean50 Emerging Leader and Business in Vancouver “Forty Under 40.”
  • Simon Tso – Chief Financial Officer (effective immediately). Principal of Athena Chartered Professional Accountant Ltd.; co‑founder of Zeus Capital Ltd.; CFA charterholder and CPA.
  • CEO Transition: Outgoing CEO Paul Dickson departs to focus on a hydrogen‑energy spin‑out announced in March 2026.
  • Equity Incentives:
  • 1,550,000 Restricted Stock Units (RSUs) granted to management and consultants, with vesting tied to successful project advancement milestones.
  • 1,500,000 stock options granted to directors, officers, employees and consultants, aligning long‑term incentives with shareholder value creation.

Notable Quotes

  • “The integration of digital twin technology with SMR/MMR hybrid platforms will provide Canada’s northern communities and defence infrastructure with sovereign, resilient energy solutions,” – Dr. Ramtin Rasoulinezhad, CEO.
Read the original news release →

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