October 16, 2024
NANO Nuclear Energy Appoints Former Chief Financial Officer of the U.S. Department of Energy, John G. Vonglis as Chairman of its Executive Advisory Board for Strategic Initiatives

NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, is proud to announce today that it has appointed The Honorable John G. Vonglis, former Chief Financial Officer of the U.S. Department of Energy (DOE) and Acting Director of DOE’s Advanced Research Projects Agency-Energy, as the Chairman of NANO Nuclear’s Executive Advisory Board for Strategic Initiatives.

Mr. Vonglis joins a growing, world-class, bipartisan Executive Advisory Board comprised of high ranking and distinguished military, political and scientific leaders which is assisting NANO Nuclear by leveraging their professional networks and relationships to connect the Company with key industry stakeholders, potential partners, clients and other valuable contacts.

“It is a pleasure to join NANO Nuclear’s advisory team and leverage my expertise in navigating a myriad of DOE and private energy-related projects to advance the development of the Company’s microreactor and other nuclear technology solutions,” said John G. Vonglis, Chairman of the Executive Advisory Board for Strategic Initiatives of NANO Nuclear Energy. “During my time with the Department of Energy, I was exposed to numerous high-impact inventions, and I believe that technologies such as NANO Nuclear’s ‘ZEUS’ and ‘ODIN’ microreactors represent the innovative spirit of the United States at an important moment for nuclear energy.”

Mr. Vonglis served as the Senate-confirmed Chief Financial Officer and Chief Risk Officer of the DOE from 2017 to 2019. As Chief Financia Officer, Mr. Vonglis oversaw all financial matters for the DOE. He was also appointed by the President as Acting Director of the Advanced Research Projects Agency-Energy (ARPA-E), a federal agency focused on advancing early-stage, high-potential, high-impact energy technologies while minimizing risk to taxpayers.

Prior to his tenure at the DOE, Mr. Vonglis held several key roles at the U.S. Department of Defense from 2002 to 2009, initially as Director of Management Initiatives for the Under Secretary for Personnel and Readiness (P&R) and lastly as Acting Assistant Secretary of the U.S. Air Force, where he also served as the first Chief Management Officer, performing the duties of the Under Secretary.

Figure 1 – NANO Nuclear Energy Inc. Appoints Former Chief Financial Officer (CFO) of the Department of Energy (DOE) John G. Vonglis as its Chairman of its Executive Advisory Board for Strategic Initiatives.

 

Mr. Vonglis’ private sector experience includes senior financial and operational roles at prominent advisory, aerospace/defense, financial services, and high-technology firms. Mr. Vonglis is a retired U.S. Army Reserve Colonel with 34 years’ experience in Army and Joint special operations, where he also advised ‘SOFWERX’ and the Army Cyber Institute at West Point. He holds a B.S. and M.B.A. from Fordham University and a Master’s in International Public Policy from The Johns Hopkins University School of Advanced International Studies (SAIS).

“Attracting an exemplary leader like John to serve on our Executive Advisory Board, with his years of experience on the inside of complex government processes and working on cutting edge innovations, is a validation of our vision and mission for NANO Nuclear,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “John’s addition brings credibility, valuable insight and a multitude of important contacts to NANO Nuclear and allows us to better position our company to fully capitalize on the significant momentum within the nuclear energy industry. We are honored to welcome him to the team.”

“We are confident that John’s contribution as an Executive Advisory Board member for NANO Nuclear will be invaluable as we continue to progress our microreactor and other technology solutions through design, testing, regulatory processes and ultimately to market,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “Recent natural disaster events, such as the devastation caused by Hurricanes Helene and Milton, highlight the critical need for reliable and portable energy solutions. Our portable nuclear microreactors, ‘ZEUS’ and ‘ODIN,’ are designed to provide power for rescue operations and shelters in the aftermath of such natural disasters. We are committed to advancing these technologies to market and delivering cutting-edge solutions to those who need them most.”

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