Month: April 2026

OSLO, Norway, April 20, 2026 /PRNewswire/ — Agilyx ASA (OSE: AGLX) (OTCQX: AGXXF) (ISIN: NO0010872468) (WKN: A2QGQ) (“Agilyx” or the “Company”) has entered into an agreement to raise its ownership in GreenDot Global S.à.r.l. (“GreenDot”), a prominent European platform for sourcing, sorting, and supplying plastic waste for recycling, to 50.1%.

Agilyx will meet the requirements to fully consolidate GreenDot’s financial statements, and upon closing of the transaction, will begin consolidation accounting. GreenDot is expected to generate approximately EUR 375 million in revenue and over EUR 22 million in EBITDA in 2026.

Under the agreement, Lafor and Agilyx will jointly acquire all shares in GreenDot currently held by Circular Resources (19.1%). Following the transaction, Agilyx’s shareholding will increase from 46% to 50.1%, while Lafor’s shareholding will increase from 34.9% to 49.9%. Agilyx CEO Ranjeet Bhatia will serve as Chairman of GreenDot.

To finance the acquisition of the additional 4.1% shareholding, Agilyx has arranged a EUR 4.7 million share purchase financing facility. This facility carries a 7% interest rate and an expected duration of about six months, providing full funding for the purchase without near-term cash impact on Agilyx.

Peter Norris, Chair of the Agilyx Board, commented, “Lafor has been a valuable partner at GreenDot, and we’re excited to continue working together to build the EU’s leading waste plastic recycling platform. Consolidating GreenDot’s accounts will provide our shareholders better financial transparency and strengthen our partnership.”

The transaction has received the required support of 2/3rds of the voting bonds under Agilyx’s EUR 40,000,000 Subordinated Convertible Bonds 2025/2028. Dispatch of the written resolution and completion of the transaction is expected today. This announcement is subject to disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.

About Agilyx

Agilyx ASA is a publicly listed, technology-agnostic leader in plastic recycling, focused on converting plastic waste into circular products and value-creating solutions for the global plastics value chain. The Company works with blue-chip partners and operates across mechanical and chemical recycling, and proprietary technology development. Agilyx has operating exposure in Europe through its ownership stake in GreenDot, a leading platform for sourcing, processing, and supplying recycled plastic feedstock, and in the US through strategic commercial arrangements and technology deployment. With funded projects, reduced capital intensity, and a clear strategic focus, Agilyx is positioned to drive sustainable growth and long-term value creation in the circular plastics economy.

About GreenDot

GreenDot is dedicated to addressing the plastic waste crisis by developing solutions and assets that close the circularity loop of plastics through the production of high-quality recyclates, including from difficult-to- recycle waste streams. The group’s portfolio spans both mechanical and chemical recycling, Extended Producer Responsibility (EPR) licensing services, as well as consulting on EPR systems and design-for-recycling. The foundation of the group was laid more than 35 years ago in Germany with Der Grüne Punkt which created the world’s first nationwide EPR program for household packaging, including hard-to-recycle plastics like flexible films. Since then, GreenDot has constantly expanded its business areas in order to serve all requirements of the circular economy for plastics. To date, GreenDot has presence in Germany, Austria, Italy as well as France, and continues to widen its global network.

More information can be found at www.green-dot.com

Inquiries: investors@agilyx.com Learn more at: www.agilyx.com

For media resources, visit: https://www.agilyx.com/media-room/

This information was brought to you by Cision http://news.cision.com

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SOURCE Agilyx

Results in anniversary year 2025

• Revenue increases by 3.4% to 4.4 billion euros
• Continued strong demand for testing and certification services
• Independent expertise builds trust in a period of transformation

STUTTGART, Germany, April 20, 2026 /PRNewswire/ — Despite a volatile market environment, DEKRA continued to grow in 2025. In a year marked by challenging geoeconomic conditions and some negative trends – especially within the European automotive industry – the global testing, inspection, and certification organization increased revenue by 3.4% to 4.4 billion euros.

“This development demonstrates the stability of DEKRA’s business model and the continued strong demand for our independent inspection, testing, and certification services,” says DEKRA CEO Stan Zurkiewicz. “With increasing digitalization across all sectors, the need for independent verification and certification is growing – and our expertise is a key success factor.”

This stability is also reflected in earnings performance: Adjusted earnings before interest and taxes (EBIT) rose to around 275 million euros (+3.3%). This provides DEKRA with the financial basis for targeted investments in innovation, infrastructure, and new business areas; in 2025, the company invested a total of 127 million euros, of which close to 40 million euros were invested in its home market of Germany.

“2025 was a year in which we laid the foundation for the next phase of growth,” adds Stan Zurkiewicz. “We invested specifically in our future fields of Mobility, Digital Trust, and Sustainability – areas where trust is a prerequisite for scaling innovation.”

Read the full version: https://www.dekra.com/en/media-relations/

– Picture is available at AP –

Contact
Marie Hertfelder
Phone +49.711.7861-1360
Fax +49.711.7861-741360
Email marie.hertfelder@dekra.com 

DEKRA e.V.
Corporate Communications
Handwerkstraße 15
D-70565 Stuttgart
https://www.dekra.com/en/media-relations/

 

 

SOURCE DEKRA SE

Results in anniversary year 2025

• Revenue increases by 3.4% to 4.4 billion euros
• Continued strong demand for testing and certification services
• Independent expertise builds trust in a period of transformation

STUTTGART, Germany, April 20, 2026 /PRNewswire/ — Despite a volatile market environment, DEKRA continued to grow in 2025. In a year marked by challenging geoeconomic conditions and some negative trends – especially within the European automotive industry – the global testing, inspection, and certification organization increased revenue by 3.4% to 4.4 billion euros.

“This development demonstrates the stability of DEKRA’s business model and the continued strong demand for our independent inspection, testing, and certification services,” says DEKRA CEO Stan Zurkiewicz. “With increasing digitalization across all sectors, the need for independent verification and certification is growing – and our expertise is a key success factor.”

This stability is also reflected in earnings performance: Adjusted earnings before interest and taxes (EBIT) rose to around 275 million euros (+3.3%). This provides DEKRA with the financial basis for targeted investments in innovation, infrastructure, and new business areas; in 2025, the company invested a total of 127 million euros, of which close to 40 million euros were invested in its home market of Germany.

“2025 was a year in which we laid the foundation for the next phase of growth,” adds Stan Zurkiewicz. “We invested specifically in our future fields of Mobility, Digital Trust, and Sustainability – areas where trust is a prerequisite for scaling innovation.”

Read the full version: https://www.dekra.com/en/media-relations/

– Picture is available at AP –

Contact
Marie Hertfelder
Phone +49.711.7861-1360
Fax +49.711.7861-741360
Email marie.hertfelder@dekra.com 

DEKRA e.V.
Corporate Communications
Handwerkstraße 15
D-70565 Stuttgart
https://www.dekra.com/en/media-relations/

 

 

SOURCE DEKRA SE

Results in anniversary year 2025

• Revenue increases by 3.4% to 4.4 billion euros
• Continued strong demand for testing and certification services
• Independent expertise builds trust in a period of transformation

STUTTGART, Germany, April 20, 2026 /PRNewswire/ — Despite a volatile market environment, DEKRA continued to grow in 2025. In a year marked by challenging geoeconomic conditions and some negative trends – especially within the European automotive industry – the global testing, inspection, and certification organization increased revenue by 3.4% to 4.4 billion euros.

“This development demonstrates the stability of DEKRA’s business model and the continued strong demand for our independent inspection, testing, and certification services,” says DEKRA CEO Stan Zurkiewicz. “With increasing digitalization across all sectors, the need for independent verification and certification is growing – and our expertise is a key success factor.”

This stability is also reflected in earnings performance: Adjusted earnings before interest and taxes (EBIT) rose to around 275 million euros (+3.3%). This provides DEKRA with the financial basis for targeted investments in innovation, infrastructure, and new business areas; in 2025, the company invested a total of 127 million euros, of which close to 40 million euros were invested in its home market of Germany.

“2025 was a year in which we laid the foundation for the next phase of growth,” adds Stan Zurkiewicz. “We invested specifically in our future fields of Mobility, Digital Trust, and Sustainability – areas where trust is a prerequisite for scaling innovation.”

Read the full version: https://www.dekra.com/en/media-relations/

– Picture is available at AP –

Contact
Marie Hertfelder
Phone +49.711.7861-1360
Fax +49.711.7861-741360
Email marie.hertfelder@dekra.com 

DEKRA e.V.
Corporate Communications
Handwerkstraße 15
D-70565 Stuttgart
https://www.dekra.com/en/media-relations/

 

 

SOURCE DEKRA SE

Results in anniversary year 2025

• Revenue increases by 3.4% to 4.4 billion euros
• Continued strong demand for testing and certification services
• Independent expertise builds trust in a period of transformation

STUTTGART, Germany, April 20, 2026 /PRNewswire/ — Despite a volatile market environment, DEKRA continued to grow in 2025. In a year marked by challenging geoeconomic conditions and some negative trends – especially within the European automotive industry – the global testing, inspection, and certification organization increased revenue by 3.4% to 4.4 billion euros.

“This development demonstrates the stability of DEKRA’s business model and the continued strong demand for our independent inspection, testing, and certification services,” says DEKRA CEO Stan Zurkiewicz. “With increasing digitalization across all sectors, the need for independent verification and certification is growing – and our expertise is a key success factor.”

This stability is also reflected in earnings performance: Adjusted earnings before interest and taxes (EBIT) rose to around 275 million euros (+3.3%). This provides DEKRA with the financial basis for targeted investments in innovation, infrastructure, and new business areas; in 2025, the company invested a total of 127 million euros, of which close to 40 million euros were invested in its home market of Germany.

“2025 was a year in which we laid the foundation for the next phase of growth,” adds Stan Zurkiewicz. “We invested specifically in our future fields of Mobility, Digital Trust, and Sustainability – areas where trust is a prerequisite for scaling innovation.”

Read the full version: https://www.dekra.com/en/media-relations/

– Picture is available at AP –

Contact
Marie Hertfelder
Phone +49.711.7861-1360
Fax +49.711.7861-741360
Email marie.hertfelder@dekra.com 

DEKRA e.V.
Corporate Communications
Handwerkstraße 15
D-70565 Stuttgart
https://www.dekra.com/en/media-relations/

 

 

SOURCE DEKRA SE

Next Phase of Evolution Marks Transition from Start-Up to Scaled Enterprise

Names New Chairman of the Board, Marius Haas, and Board Director Jeffrey S. Stein

Affirms Ongoing Commitment to Project Matador Buildout, Texas Tech Partnership and Serving America’s Energy Needs

DALLAS, April 20, 2026 /PRNewswire/ — Fermi Inc. (“Fermi” or the “Company”) today announced a series of strategic and leadership initiatives under a new phase of the Company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable achievements for Project Matador across construction, buildout and regulatory milestones, these developments will position Fermi for its next chapter of innovation, operational excellence, and client-focused service.

A New Chapter: Fermi 2.0

Fermi 2.0 represents a comprehensive progression of the Company’s strategic direction, governance structure, and operating platform. Building on its existing strengths, the Company intends to:

• Deepen its relationships with academic and community partners, including the Texas Tech University System (“TTUS”)
• Enhance the experience and outcomes for its clients and tenants
• Invest in talent, technology, and infrastructure from its new Dallas headquarters and Amarillo office
• Strengthen governance and leadership succession under an independent, high-caliber Board
• Memorialize binding commitments for the first set of client-tenants
• Cultivate strategic investors including client-tenants, sovereign funds, and third parties whose participation will prove immediately accretive to shareholders
• Continue to move forward at “FermiSpeed” with its nuclear buildout

“Project Matador has the potential to deliver generational impact—not just for TTUS, but for national security, American energy independence, and the future of advanced research and industry in West Texas,” said Chancellor Brandon Creighton. “TTUS remains firmly committed to our partnership with Fermi America and to the long-term opportunity this project represents for our region, our state, and the nation. Building on that progress, we are actively engaged in good-faith discussions to extend certain milestones in the lease agreement as we advance Project Matador into its next phase.”

Under Fermi 2.0, the Company will implement the following key changes:

New Leadership

Fermi has announced that, effective immediately, Lead Independent Board Director Marius Haas has stepped into the role of Chairman of the Board. Fermi co-founder Toby Neugebauer has departed from his role as Chief Executive Officer, but he remains a member of the Board.

“I’m incredibly proud of what our team has built and am honored to step into the position of Chairman,” said Haas. “In addition to my role as a director on Fermi’s Board since founding, I have served on a number of public company boards and leadership teams in the technology sector. I look forward to lending my expertise to chairing Fermi’s Board at an exciting time in the Company’s evolution as we continue to execute on the success of Project Matador and identify new leadership for our next chapter.” 

In connection with this transition, Fermi is in negotiations with a candidate to serve as Interim Chief Financial Officer. The Company looks forward to sharing details on its Interim CFO this week. Miles Everson has resigned as CFO and has been elected as a Board Director as a result of the exercise of director designation rights held by the Melissa A. Neugebauer 2020 Trust.

Additionally, Jeffrey S. Stein has been elected to the Board of Directors, bringing extensive public and private company leadership and energy expertise.

Creation of Office of the CEO

To ensure continuity and operational momentum during the CEO transition, Fermi’s Board has established a new Office of the CEO that will act as the Company’s interim operational leadership team. This office will be composed of Jacobo Ortiz Blanes, previously Chief Operating Officer, and Anna Bofa, previously a Board Advisor, each of whom has been appointed as a Co-President of the Company and share in the responsibilities previously held by Toby Neugebauer. In this capacity, Ortiz Blanes and Bofa will report to Board Chair Haas and collectively oversee day-to-day operations and execution of Fermi 2.0, while a search for a new CEO is underway.

Bofa has been an instrumental advisor to Fermi’s Board and leadership team, with a track record of building trusted relationships with key partners including TTUS, the Company’s shareholders, and—most importantly—its clients and tenants, especially in the tech industry.

Ortiz Blanes has led Fermi since its inception and has been pivotal to guiding the company’s operational initiatives and driving its growth trajectory through partnerships, shareholder relationships, and the unprecedented buildout of Project Matador.

“The Office of the CEO is designed to provide stable, experienced leadership during this important transition,” said Haas. “Jacobo and Anna each bring critical strengths that will help us maintain operational excellence, deepen our partnerships, and keep our clients and tenants at the center of everything we do.”

Leadership Search Committee

Fermi’s Board of Directors has initiated a formal search process for the Company’s next CEO and has engaged leading executive search firm Heidrick & Struggles. A committee composed of Haas and independent directors Lee McIntire and Cordel Robbin-Coker will work in conjunction with Heidrick to identify and recommend CEO candidates who can drive Fermi 2.0 forward and build on the legacy established by its founders.

“Our mandate is clear,” said McIntire. “We are seeking a leader with strong operational expertise, a deep commitment to Fermi’s mission, strong public company experience, and a demonstrated ability to work in close partnership with our stakeholders, including our clients, tenants, university and community partners, and shareholders.”

New Corporate Offices

As part of Fermi 2.0, the Company will establish a new corporate headquarters in Dallas, Texas and will be building out a corporate office presence at its Project Matador site in Amarillo, Texas. These new offices underscore Fermi’s commitment to Texas as a strategic hub for its operations, partnerships, and growth, and reflect the Company’s maturation from a start-up to a scaled enterprise.

“Dallas offers world-class talent, a dynamic business environment, and proximity to many of our key stakeholders, and Amarillo provides us with on-site presence to Project Matador’s buildout and close proximity to our partners at TTUS,” said Bofa.

“Fermi is evolving from an entrepreneurial start-up culture into a public-company-caliber professional enterprise. Establishing an official presence in Dallas (within a premier office park location to be announced) and Amarillo represents an important step in that evolution. Our new offices will serve as a platform for deeper collaboration with partners and will enhance our ability to serve our clients and tenants,” said Ortiz Blanes.

Biographies:

Marius Haas – Chairman of the Board

Marius Haas is a Founding Partner of BayPine. Haas has spent most of his career leading executive teams and organizations in the technology and enterprise solutions industry, and has significant expertise in digital transformation, emerging technologies, and B2B business models. His career includes senior leadership roles at Dell Technologies, Hewlett-Packard (Chief Strategy Officer and Head of Global M&A), Compaq and Intel Corporation.

Prior to BayPine, Haas served as President and Chief Commercial Officer of Dell Technologies, which had over $90 billion of revenue in fiscal year 2020. He played an instrumental role as a senior operating executive in the take-private of Dell in 2013, the subsequent integration of Dell, EMC, and VMware in 2016, and the strategic transformation of Dell from a commodity PC supplier into a leading provider of strategic technology infrastructure and managed enterprise solutions.

Haas currently serves on the boards of Harbor, HydroBlok NA, and Fermi America. He also has served as an industry advisor to KKR’s technology investment team. Haas holds a BA from Georgetown University and an MBA from the American Graduate School of Global Management.

Jacobo Ortiz Blanes – Co-President, Office of the CEO

Jacobo Ortiz Blanes is the former Chief Operating Officer of the Company. He has led the acquisition, construction and management of several real estate transactions valued at more than $280M.

In 2008, Ortiz Blanes founded Las Brisas Property Management, which is an economic group dedicated to property and construction management, and real estate consulting services, where he currently serves as its President. Las Brisas Property Management is the largest real estate services firm in Puerto Rico and the Caribbean, in terms of scale and scope for service offerings, with ten million square feet of office, industrial, retail, and assets under management, and employs 70 full-time employees.

Before founding Las Brisas Property Management, Ortiz Blanes worked for 15 years as a marketing manager with S. C. Johnson & Son, Inc., one of the largest American multinationals privately held manufacturing companies, leading the development of household cleaning supplies and other consumer chemicals.

Ortiz Blanes graduated from Haverford College with a Bachelor of Arts degree in Political Science. He serves on the board of United Surety & Indemnity Company, a Puerto Rican insurance company founded in 1990, and is also a member of its Investment Committee. Ortiz Blanes also holds a Master of Science degree in Food Marketing from Cornell University. He has professional accreditations as a Licensed Real Estate Broker and Certified Property Manager from the Institute of Real Estate Management.

Anna Bofa – Co-President, Office of the CEO

Anna Bofa served Fermi’s board and management team as a Board Observer since its IPO, bringing an extensive track record of scaling businesses and driving key partnerships. Her technology career spans nearly two decades, during which she has helped build category-defining technology platforms.

Bofa began her career at Google, was an early team member at Dropbox and Pinterest, and later served as a Global Head of Product Programs at Meta, where she helped launch and scale global initiatives. She is also the Co-Founder of Crate AI, a company pioneering models that unlock new layers of internet personalization.

Bofa brings deep expertise in strategy and execution, with a proven history of driving growth, adoption, partnerships and monetization across the world’s most recognized technology companies.

Bofa holds a Bachelor’s degree from Dartmouth College.

Jeffrey S. Stein – Board Director

Jeffrey S. Stein is Co-Founder and Managing Partner of Breakpoint Advisory Partners LLC, a boutique corporate advisory and investment banking firm that provides consulting services to companies navigating complex transactions and strategic transformations. Stein is an accomplished corporate executive and director, including leadership and committee positions, of both public and private companies. Stein has served as an Executive Chairman, Chief Executive Officer, and as a director on audit, compensation, corporate governance, finance, and risk committees.

Stein currently serves as Chairman of the Board of Octave Specialty Group, Inc. Stein previously served as a director on the boards of Sunnova Energy International Inc., Vertex Energy, Inc., Rite Aid Corporation, Troika Media Group, Inc., Aearo Technologies LLC, GWG Holdings Inc., Intelsat Connect Finance S.A., NMC Health plc, Westmoreland Coal Company, and Dynegy Inc.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

 

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SOURCE Fermi Inc.

Next Phase of Evolution Marks Transition from Start-Up to Scaled Enterprise

Names New Chairman of the Board, Marius Haas, and Board Director Jeffrey S. Stein

Affirms Ongoing Commitment to Project Matador Buildout, Texas Tech Partnership and Serving America’s Energy Needs

DALLAS, April 20, 2026 /PRNewswire/ — Fermi Inc. (“Fermi” or the “Company”) today announced a series of strategic and leadership initiatives under a new phase of the Company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable achievements for Project Matador across construction, buildout and regulatory milestones, these developments will position Fermi for its next chapter of innovation, operational excellence, and client-focused service.

A New Chapter: Fermi 2.0

Fermi 2.0 represents a comprehensive progression of the Company’s strategic direction, governance structure, and operating platform. Building on its existing strengths, the Company intends to:

• Deepen its relationships with academic and community partners, including the Texas Tech University System (“TTUS”)
• Enhance the experience and outcomes for its clients and tenants
• Invest in talent, technology, and infrastructure from its new Dallas headquarters and Amarillo office
• Strengthen governance and leadership succession under an independent, high-caliber Board
• Memorialize binding commitments for the first set of client-tenants
• Cultivate strategic investors including client-tenants, sovereign funds, and third parties whose participation will prove immediately accretive to shareholders
• Continue to move forward at “FermiSpeed” with its nuclear buildout

“Project Matador has the potential to deliver generational impact—not just for TTUS, but for national security, American energy independence, and the future of advanced research and industry in West Texas,” said Chancellor Brandon Creighton. “TTUS remains firmly committed to our partnership with Fermi America and to the long-term opportunity this project represents for our region, our state, and the nation. Building on that progress, we are actively engaged in good-faith discussions to extend certain milestones in the lease agreement as we advance Project Matador into its next phase.”

Under Fermi 2.0, the Company will implement the following key changes:

New Leadership

Fermi has announced that, effective immediately, Lead Independent Board Director Marius Haas has stepped into the role of Chairman of the Board. Fermi co-founder Toby Neugebauer has departed from his role as Chief Executive Officer, but he remains a member of the Board.

“I’m incredibly proud of what our team has built and am honored to step into the position of Chairman,” said Haas. “In addition to my role as a director on Fermi’s Board since founding, I have served on a number of public company boards and leadership teams in the technology sector. I look forward to lending my expertise to chairing Fermi’s Board at an exciting time in the Company’s evolution as we continue to execute on the success of Project Matador and identify new leadership for our next chapter.” 

In connection with this transition, Fermi is in negotiations with a candidate to serve as Interim Chief Financial Officer. The Company looks forward to sharing details on its Interim CFO this week. Miles Everson has resigned as CFO and has been elected as a Board Director as a result of the exercise of director designation rights held by the Melissa A. Neugebauer 2020 Trust.

Additionally, Jeffrey S. Stein has been elected to the Board of Directors, bringing extensive public and private company leadership and energy expertise.

Creation of Office of the CEO

To ensure continuity and operational momentum during the CEO transition, Fermi’s Board has established a new Office of the CEO that will act as the Company’s interim operational leadership team. This office will be composed of Jacobo Ortiz Blanes, previously Chief Operating Officer, and Anna Bofa, previously a Board Advisor, each of whom has been appointed as a Co-President of the Company and share in the responsibilities previously held by Toby Neugebauer. In this capacity, Ortiz Blanes and Bofa will report to Board Chair Haas and collectively oversee day-to-day operations and execution of Fermi 2.0, while a search for a new CEO is underway.

Bofa has been an instrumental advisor to Fermi’s Board and leadership team, with a track record of building trusted relationships with key partners including TTUS, the Company’s shareholders, and—most importantly—its clients and tenants, especially in the tech industry.

Ortiz Blanes has led Fermi since its inception and has been pivotal to guiding the company’s operational initiatives and driving its growth trajectory through partnerships, shareholder relationships, and the unprecedented buildout of Project Matador.

“The Office of the CEO is designed to provide stable, experienced leadership during this important transition,” said Haas. “Jacobo and Anna each bring critical strengths that will help us maintain operational excellence, deepen our partnerships, and keep our clients and tenants at the center of everything we do.”

Leadership Search Committee

Fermi’s Board of Directors has initiated a formal search process for the Company’s next CEO and has engaged leading executive search firm Heidrick & Struggles. A committee composed of Haas and independent directors Lee McIntire and Cordel Robbin-Coker will work in conjunction with Heidrick to identify and recommend CEO candidates who can drive Fermi 2.0 forward and build on the legacy established by its founders.

“Our mandate is clear,” said McIntire. “We are seeking a leader with strong operational expertise, a deep commitment to Fermi’s mission, strong public company experience, and a demonstrated ability to work in close partnership with our stakeholders, including our clients, tenants, university and community partners, and shareholders.”

New Corporate Offices

As part of Fermi 2.0, the Company will establish a new corporate headquarters in Dallas, Texas and will be building out a corporate office presence at its Project Matador site in Amarillo, Texas. These new offices underscore Fermi’s commitment to Texas as a strategic hub for its operations, partnerships, and growth, and reflect the Company’s maturation from a start-up to a scaled enterprise.

“Dallas offers world-class talent, a dynamic business environment, and proximity to many of our key stakeholders, and Amarillo provides us with on-site presence to Project Matador’s buildout and close proximity to our partners at TTUS,” said Bofa.

“Fermi is evolving from an entrepreneurial start-up culture into a public-company-caliber professional enterprise. Establishing an official presence in Dallas (within a premier office park location to be announced) and Amarillo represents an important step in that evolution. Our new offices will serve as a platform for deeper collaboration with partners and will enhance our ability to serve our clients and tenants,” said Ortiz Blanes.

Biographies:

Marius Haas – Chairman of the Board

Marius Haas is a Founding Partner of BayPine. Haas has spent most of his career leading executive teams and organizations in the technology and enterprise solutions industry, and has significant expertise in digital transformation, emerging technologies, and B2B business models. His career includes senior leadership roles at Dell Technologies, Hewlett-Packard (Chief Strategy Officer and Head of Global M&A), Compaq and Intel Corporation.

Prior to BayPine, Haas served as President and Chief Commercial Officer of Dell Technologies, which had over $90 billion of revenue in fiscal year 2020. He played an instrumental role as a senior operating executive in the take-private of Dell in 2013, the subsequent integration of Dell, EMC, and VMware in 2016, and the strategic transformation of Dell from a commodity PC supplier into a leading provider of strategic technology infrastructure and managed enterprise solutions.

Haas currently serves on the boards of Harbor, HydroBlok NA, and Fermi America. He also has served as an industry advisor to KKR’s technology investment team. Haas holds a BA from Georgetown University and an MBA from the American Graduate School of Global Management.

Jacobo Ortiz Blanes – Co-President, Office of the CEO

Jacobo Ortiz Blanes is the former Chief Operating Officer of the Company. He has led the acquisition, construction and management of several real estate transactions valued at more than $280M.

In 2008, Ortiz Blanes founded Las Brisas Property Management, which is an economic group dedicated to property and construction management, and real estate consulting services, where he currently serves as its President. Las Brisas Property Management is the largest real estate services firm in Puerto Rico and the Caribbean, in terms of scale and scope for service offerings, with ten million square feet of office, industrial, retail, and assets under management, and employs 70 full-time employees.

Before founding Las Brisas Property Management, Ortiz Blanes worked for 15 years as a marketing manager with S. C. Johnson & Son, Inc., one of the largest American multinationals privately held manufacturing companies, leading the development of household cleaning supplies and other consumer chemicals.

Ortiz Blanes graduated from Haverford College with a Bachelor of Arts degree in Political Science. He serves on the board of United Surety & Indemnity Company, a Puerto Rican insurance company founded in 1990, and is also a member of its Investment Committee. Ortiz Blanes also holds a Master of Science degree in Food Marketing from Cornell University. He has professional accreditations as a Licensed Real Estate Broker and Certified Property Manager from the Institute of Real Estate Management.

Anna Bofa – Co-President, Office of the CEO

Anna Bofa served Fermi’s board and management team as a Board Observer since its IPO, bringing an extensive track record of scaling businesses and driving key partnerships. Her technology career spans nearly two decades, during which she has helped build category-defining technology platforms.

Bofa began her career at Google, was an early team member at Dropbox and Pinterest, and later served as a Global Head of Product Programs at Meta, where she helped launch and scale global initiatives. She is also the Co-Founder of Crate AI, a company pioneering models that unlock new layers of internet personalization.

Bofa brings deep expertise in strategy and execution, with a proven history of driving growth, adoption, partnerships and monetization across the world’s most recognized technology companies.

Bofa holds a Bachelor’s degree from Dartmouth College.

Jeffrey S. Stein – Board Director

Jeffrey S. Stein is Co-Founder and Managing Partner of Breakpoint Advisory Partners LLC, a boutique corporate advisory and investment banking firm that provides consulting services to companies navigating complex transactions and strategic transformations. Stein is an accomplished corporate executive and director, including leadership and committee positions, of both public and private companies. Stein has served as an Executive Chairman, Chief Executive Officer, and as a director on audit, compensation, corporate governance, finance, and risk committees.

Stein currently serves as Chairman of the Board of Octave Specialty Group, Inc. Stein previously served as a director on the boards of Sunnova Energy International Inc., Vertex Energy, Inc., Rite Aid Corporation, Troika Media Group, Inc., Aearo Technologies LLC, GWG Holdings Inc., Intelsat Connect Finance S.A., NMC Health plc, Westmoreland Coal Company, and Dynegy Inc.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

 

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SOURCE Fermi Inc.

Next Phase of Evolution Marks Transition from Start-Up to Scaled Enterprise

Names New Chairman of the Board, Marius Haas, and Board Director Jeffrey S. Stein

Affirms Ongoing Commitment to Project Matador Buildout, Texas Tech Partnership and Serving America’s Energy Needs

DALLAS, April 20, 2026 /PRNewswire/ — Fermi Inc. (“Fermi” or the “Company”) today announced a series of strategic and leadership initiatives under a new phase of the Company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable achievements for Project Matador across construction, buildout and regulatory milestones, these developments will position Fermi for its next chapter of innovation, operational excellence, and client-focused service.

A New Chapter: Fermi 2.0

Fermi 2.0 represents a comprehensive progression of the Company’s strategic direction, governance structure, and operating platform. Building on its existing strengths, the Company intends to:

• Deepen its relationships with academic and community partners, including the Texas Tech University System (“TTUS”)
• Enhance the experience and outcomes for its clients and tenants
• Invest in talent, technology, and infrastructure from its new Dallas headquarters and Amarillo office
• Strengthen governance and leadership succession under an independent, high-caliber Board
• Memorialize binding commitments for the first set of client-tenants
• Cultivate strategic investors including client-tenants, sovereign funds, and third parties whose participation will prove immediately accretive to shareholders
• Continue to move forward at “FermiSpeed” with its nuclear buildout

“Project Matador has the potential to deliver generational impact—not just for TTUS, but for national security, American energy independence, and the future of advanced research and industry in West Texas,” said Chancellor Brandon Creighton. “TTUS remains firmly committed to our partnership with Fermi America and to the long-term opportunity this project represents for our region, our state, and the nation. Building on that progress, we are actively engaged in good-faith discussions to extend certain milestones in the lease agreement as we advance Project Matador into its next phase.”

Under Fermi 2.0, the Company will implement the following key changes:

New Leadership

Fermi has announced that, effective immediately, Lead Independent Board Director Marius Haas has stepped into the role of Chairman of the Board. Fermi co-founder Toby Neugebauer has departed from his role as Chief Executive Officer, but he remains a member of the Board.

“I’m incredibly proud of what our team has built and am honored to step into the position of Chairman,” said Haas. “In addition to my role as a director on Fermi’s Board since founding, I have served on a number of public company boards and leadership teams in the technology sector. I look forward to lending my expertise to chairing Fermi’s Board at an exciting time in the Company’s evolution as we continue to execute on the success of Project Matador and identify new leadership for our next chapter.” 

In connection with this transition, Fermi is in negotiations with a candidate to serve as Interim Chief Financial Officer. The Company looks forward to sharing details on its Interim CFO this week. Miles Everson has resigned as CFO and has been elected as a Board Director as a result of the exercise of director designation rights held by the Melissa A. Neugebauer 2020 Trust.

Additionally, Jeffrey S. Stein has been elected to the Board of Directors, bringing extensive public and private company leadership and energy expertise.

Creation of Office of the CEO

To ensure continuity and operational momentum during the CEO transition, Fermi’s Board has established a new Office of the CEO that will act as the Company’s interim operational leadership team. This office will be composed of Jacobo Ortiz Blanes, previously Chief Operating Officer, and Anna Bofa, previously a Board Advisor, each of whom has been appointed as a Co-President of the Company and share in the responsibilities previously held by Toby Neugebauer. In this capacity, Ortiz Blanes and Bofa will report to Board Chair Haas and collectively oversee day-to-day operations and execution of Fermi 2.0, while a search for a new CEO is underway.

Bofa has been an instrumental advisor to Fermi’s Board and leadership team, with a track record of building trusted relationships with key partners including TTUS, the Company’s shareholders, and—most importantly—its clients and tenants, especially in the tech industry.

Ortiz Blanes has led Fermi since its inception and has been pivotal to guiding the company’s operational initiatives and driving its growth trajectory through partnerships, shareholder relationships, and the unprecedented buildout of Project Matador.

“The Office of the CEO is designed to provide stable, experienced leadership during this important transition,” said Haas. “Jacobo and Anna each bring critical strengths that will help us maintain operational excellence, deepen our partnerships, and keep our clients and tenants at the center of everything we do.”

Leadership Search Committee

Fermi’s Board of Directors has initiated a formal search process for the Company’s next CEO and has engaged leading executive search firm Heidrick & Struggles. A committee composed of Haas and independent directors Lee McIntire and Cordel Robbin-Coker will work in conjunction with Heidrick to identify and recommend CEO candidates who can drive Fermi 2.0 forward and build on the legacy established by its founders.

“Our mandate is clear,” said McIntire. “We are seeking a leader with strong operational expertise, a deep commitment to Fermi’s mission, strong public company experience, and a demonstrated ability to work in close partnership with our stakeholders, including our clients, tenants, university and community partners, and shareholders.”

New Corporate Offices

As part of Fermi 2.0, the Company will establish a new corporate headquarters in Dallas, Texas and will be building out a corporate office presence at its Project Matador site in Amarillo, Texas. These new offices underscore Fermi’s commitment to Texas as a strategic hub for its operations, partnerships, and growth, and reflect the Company’s maturation from a start-up to a scaled enterprise.

“Dallas offers world-class talent, a dynamic business environment, and proximity to many of our key stakeholders, and Amarillo provides us with on-site presence to Project Matador’s buildout and close proximity to our partners at TTUS,” said Bofa.

“Fermi is evolving from an entrepreneurial start-up culture into a public-company-caliber professional enterprise. Establishing an official presence in Dallas (within a premier office park location to be announced) and Amarillo represents an important step in that evolution. Our new offices will serve as a platform for deeper collaboration with partners and will enhance our ability to serve our clients and tenants,” said Ortiz Blanes.

Biographies:

Marius Haas – Chairman of the Board

Marius Haas is a Founding Partner of BayPine. Haas has spent most of his career leading executive teams and organizations in the technology and enterprise solutions industry, and has significant expertise in digital transformation, emerging technologies, and B2B business models. His career includes senior leadership roles at Dell Technologies, Hewlett-Packard (Chief Strategy Officer and Head of Global M&A), Compaq and Intel Corporation.

Prior to BayPine, Haas served as President and Chief Commercial Officer of Dell Technologies, which had over $90 billion of revenue in fiscal year 2020. He played an instrumental role as a senior operating executive in the take-private of Dell in 2013, the subsequent integration of Dell, EMC, and VMware in 2016, and the strategic transformation of Dell from a commodity PC supplier into a leading provider of strategic technology infrastructure and managed enterprise solutions.

Haas currently serves on the boards of Harbor, HydroBlok NA, and Fermi America. He also has served as an industry advisor to KKR’s technology investment team. Haas holds a BA from Georgetown University and an MBA from the American Graduate School of Global Management.

Jacobo Ortiz Blanes – Co-President, Office of the CEO

Jacobo Ortiz Blanes is the former Chief Operating Officer of the Company. He has led the acquisition, construction and management of several real estate transactions valued at more than $280M.

In 2008, Ortiz Blanes founded Las Brisas Property Management, which is an economic group dedicated to property and construction management, and real estate consulting services, where he currently serves as its President. Las Brisas Property Management is the largest real estate services firm in Puerto Rico and the Caribbean, in terms of scale and scope for service offerings, with ten million square feet of office, industrial, retail, and assets under management, and employs 70 full-time employees.

Before founding Las Brisas Property Management, Ortiz Blanes worked for 15 years as a marketing manager with S. C. Johnson & Son, Inc., one of the largest American multinationals privately held manufacturing companies, leading the development of household cleaning supplies and other consumer chemicals.

Ortiz Blanes graduated from Haverford College with a Bachelor of Arts degree in Political Science. He serves on the board of United Surety & Indemnity Company, a Puerto Rican insurance company founded in 1990, and is also a member of its Investment Committee. Ortiz Blanes also holds a Master of Science degree in Food Marketing from Cornell University. He has professional accreditations as a Licensed Real Estate Broker and Certified Property Manager from the Institute of Real Estate Management.

Anna Bofa – Co-President, Office of the CEO

Anna Bofa served Fermi’s board and management team as a Board Observer since its IPO, bringing an extensive track record of scaling businesses and driving key partnerships. Her technology career spans nearly two decades, during which she has helped build category-defining technology platforms.

Bofa began her career at Google, was an early team member at Dropbox and Pinterest, and later served as a Global Head of Product Programs at Meta, where she helped launch and scale global initiatives. She is also the Co-Founder of Crate AI, a company pioneering models that unlock new layers of internet personalization.

Bofa brings deep expertise in strategy and execution, with a proven history of driving growth, adoption, partnerships and monetization across the world’s most recognized technology companies.

Bofa holds a Bachelor’s degree from Dartmouth College.

Jeffrey S. Stein – Board Director

Jeffrey S. Stein is Co-Founder and Managing Partner of Breakpoint Advisory Partners LLC, a boutique corporate advisory and investment banking firm that provides consulting services to companies navigating complex transactions and strategic transformations. Stein is an accomplished corporate executive and director, including leadership and committee positions, of both public and private companies. Stein has served as an Executive Chairman, Chief Executive Officer, and as a director on audit, compensation, corporate governance, finance, and risk committees.

Stein currently serves as Chairman of the Board of Octave Specialty Group, Inc. Stein previously served as a director on the boards of Sunnova Energy International Inc., Vertex Energy, Inc., Rite Aid Corporation, Troika Media Group, Inc., Aearo Technologies LLC, GWG Holdings Inc., Intelsat Connect Finance S.A., NMC Health plc, Westmoreland Coal Company, and Dynegy Inc.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/fermi-inc-announces-fermi-2-0-strategic-evolution-new-board-chairman-leadership-transitions-and-new-office-locations-302746951.html

SOURCE Fermi Inc.

Next Phase of Evolution Marks Transition from Start-Up to Scaled Enterprise

Names New Chairman of the Board, Marius Haas, and Board Director Jeffrey S. Stein

Affirms Ongoing Commitment to Project Matador Buildout, Texas Tech Partnership and Serving America’s Energy Needs

DALLAS, April 20, 2026 /PRNewswire/ — Fermi Inc. (“Fermi” or the “Company”) today announced a series of strategic and leadership initiatives under a new phase of the Company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable achievements for Project Matador across construction, buildout and regulatory milestones, these developments will position Fermi for its next chapter of innovation, operational excellence, and client-focused service.

A New Chapter: Fermi 2.0

Fermi 2.0 represents a comprehensive progression of the Company’s strategic direction, governance structure, and operating platform. Building on its existing strengths, the Company intends to:

• Deepen its relationships with academic and community partners, including the Texas Tech University System (“TTUS”)
• Enhance the experience and outcomes for its clients and tenants
• Invest in talent, technology, and infrastructure from its new Dallas headquarters and Amarillo office
• Strengthen governance and leadership succession under an independent, high-caliber Board
• Memorialize binding commitments for the first set of client-tenants
• Cultivate strategic investors including client-tenants, sovereign funds, and third parties whose participation will prove immediately accretive to shareholders
• Continue to move forward at “FermiSpeed” with its nuclear buildout

“Project Matador has the potential to deliver generational impact—not just for TTUS, but for national security, American energy independence, and the future of advanced research and industry in West Texas,” said Chancellor Brandon Creighton. “TTUS remains firmly committed to our partnership with Fermi America and to the long-term opportunity this project represents for our region, our state, and the nation. Building on that progress, we are actively engaged in good-faith discussions to extend certain milestones in the lease agreement as we advance Project Matador into its next phase.”

Under Fermi 2.0, the Company will implement the following key changes:

New Leadership

Fermi has announced that, effective immediately, Lead Independent Board Director Marius Haas has stepped into the role of Chairman of the Board. Fermi co-founder Toby Neugebauer has departed from his role as Chief Executive Officer, but he remains a member of the Board.

“I’m incredibly proud of what our team has built and am honored to step into the position of Chairman,” said Haas. “In addition to my role as a director on Fermi’s Board since founding, I have served on a number of public company boards and leadership teams in the technology sector. I look forward to lending my expertise to chairing Fermi’s Board at an exciting time in the Company’s evolution as we continue to execute on the success of Project Matador and identify new leadership for our next chapter.” 

In connection with this transition, Fermi is in negotiations with a candidate to serve as Interim Chief Financial Officer. The Company looks forward to sharing details on its Interim CFO this week. Miles Everson has resigned as CFO and has been elected as a Board Director as a result of the exercise of director designation rights held by the Melissa A. Neugebauer 2020 Trust.

Additionally, Jeffrey S. Stein has been elected to the Board of Directors, bringing extensive public and private company leadership and energy expertise.

Creation of Office of the CEO

To ensure continuity and operational momentum during the CEO transition, Fermi’s Board has established a new Office of the CEO that will act as the Company’s interim operational leadership team. This office will be composed of Jacobo Ortiz Blanes, previously Chief Operating Officer, and Anna Bofa, previously a Board Advisor, each of whom has been appointed as a Co-President of the Company and share in the responsibilities previously held by Toby Neugebauer. In this capacity, Ortiz Blanes and Bofa will report to Board Chair Haas and collectively oversee day-to-day operations and execution of Fermi 2.0, while a search for a new CEO is underway.

Bofa has been an instrumental advisor to Fermi’s Board and leadership team, with a track record of building trusted relationships with key partners including TTUS, the Company’s shareholders, and—most importantly—its clients and tenants, especially in the tech industry.

Ortiz Blanes has led Fermi since its inception and has been pivotal to guiding the company’s operational initiatives and driving its growth trajectory through partnerships, shareholder relationships, and the unprecedented buildout of Project Matador.

“The Office of the CEO is designed to provide stable, experienced leadership during this important transition,” said Haas. “Jacobo and Anna each bring critical strengths that will help us maintain operational excellence, deepen our partnerships, and keep our clients and tenants at the center of everything we do.”

Leadership Search Committee

Fermi’s Board of Directors has initiated a formal search process for the Company’s next CEO and has engaged leading executive search firm Heidrick & Struggles. A committee composed of Haas and independent directors Lee McIntire and Cordel Robbin-Coker will work in conjunction with Heidrick to identify and recommend CEO candidates who can drive Fermi 2.0 forward and build on the legacy established by its founders.

“Our mandate is clear,” said McIntire. “We are seeking a leader with strong operational expertise, a deep commitment to Fermi’s mission, strong public company experience, and a demonstrated ability to work in close partnership with our stakeholders, including our clients, tenants, university and community partners, and shareholders.”

New Corporate Offices

As part of Fermi 2.0, the Company will establish a new corporate headquarters in Dallas, Texas and will be building out a corporate office presence at its Project Matador site in Amarillo, Texas. These new offices underscore Fermi’s commitment to Texas as a strategic hub for its operations, partnerships, and growth, and reflect the Company’s maturation from a start-up to a scaled enterprise.

“Dallas offers world-class talent, a dynamic business environment, and proximity to many of our key stakeholders, and Amarillo provides us with on-site presence to Project Matador’s buildout and close proximity to our partners at TTUS,” said Bofa.

“Fermi is evolving from an entrepreneurial start-up culture into a public-company-caliber professional enterprise. Establishing an official presence in Dallas (within a premier office park location to be announced) and Amarillo represents an important step in that evolution. Our new offices will serve as a platform for deeper collaboration with partners and will enhance our ability to serve our clients and tenants,” said Ortiz Blanes.

Biographies:

Marius Haas – Chairman of the Board

Marius Haas is a Founding Partner of BayPine. Haas has spent most of his career leading executive teams and organizations in the technology and enterprise solutions industry, and has significant expertise in digital transformation, emerging technologies, and B2B business models. His career includes senior leadership roles at Dell Technologies, Hewlett-Packard (Chief Strategy Officer and Head of Global M&A), Compaq and Intel Corporation.

Prior to BayPine, Haas served as President and Chief Commercial Officer of Dell Technologies, which had over $90 billion of revenue in fiscal year 2020. He played an instrumental role as a senior operating executive in the take-private of Dell in 2013, the subsequent integration of Dell, EMC, and VMware in 2016, and the strategic transformation of Dell from a commodity PC supplier into a leading provider of strategic technology infrastructure and managed enterprise solutions.

Haas currently serves on the boards of Harbor, HydroBlok NA, and Fermi America. He also has served as an industry advisor to KKR’s technology investment team. Haas holds a BA from Georgetown University and an MBA from the American Graduate School of Global Management.

Jacobo Ortiz Blanes – Co-President, Office of the CEO

Jacobo Ortiz Blanes is the former Chief Operating Officer of the Company. He has led the acquisition, construction and management of several real estate transactions valued at more than $280M.

In 2008, Ortiz Blanes founded Las Brisas Property Management, which is an economic group dedicated to property and construction management, and real estate consulting services, where he currently serves as its President. Las Brisas Property Management is the largest real estate services firm in Puerto Rico and the Caribbean, in terms of scale and scope for service offerings, with ten million square feet of office, industrial, retail, and assets under management, and employs 70 full-time employees.

Before founding Las Brisas Property Management, Ortiz Blanes worked for 15 years as a marketing manager with S. C. Johnson & Son, Inc., one of the largest American multinationals privately held manufacturing companies, leading the development of household cleaning supplies and other consumer chemicals.

Ortiz Blanes graduated from Haverford College with a Bachelor of Arts degree in Political Science. He serves on the board of United Surety & Indemnity Company, a Puerto Rican insurance company founded in 1990, and is also a member of its Investment Committee. Ortiz Blanes also holds a Master of Science degree in Food Marketing from Cornell University. He has professional accreditations as a Licensed Real Estate Broker and Certified Property Manager from the Institute of Real Estate Management.

Anna Bofa – Co-President, Office of the CEO

Anna Bofa served Fermi’s board and management team as a Board Observer since its IPO, bringing an extensive track record of scaling businesses and driving key partnerships. Her technology career spans nearly two decades, during which she has helped build category-defining technology platforms.

Bofa began her career at Google, was an early team member at Dropbox and Pinterest, and later served as a Global Head of Product Programs at Meta, where she helped launch and scale global initiatives. She is also the Co-Founder of Crate AI, a company pioneering models that unlock new layers of internet personalization.

Bofa brings deep expertise in strategy and execution, with a proven history of driving growth, adoption, partnerships and monetization across the world’s most recognized technology companies.

Bofa holds a Bachelor’s degree from Dartmouth College.

Jeffrey S. Stein – Board Director

Jeffrey S. Stein is Co-Founder and Managing Partner of Breakpoint Advisory Partners LLC, a boutique corporate advisory and investment banking firm that provides consulting services to companies navigating complex transactions and strategic transformations. Stein is an accomplished corporate executive and director, including leadership and committee positions, of both public and private companies. Stein has served as an Executive Chairman, Chief Executive Officer, and as a director on audit, compensation, corporate governance, finance, and risk committees.

Stein currently serves as Chairman of the Board of Octave Specialty Group, Inc. Stein previously served as a director on the boards of Sunnova Energy International Inc., Vertex Energy, Inc., Rite Aid Corporation, Troika Media Group, Inc., Aearo Technologies LLC, GWG Holdings Inc., Intelsat Connect Finance S.A., NMC Health plc, Westmoreland Coal Company, and Dynegy Inc.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

 

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SOURCE Fermi Inc.

Aiming to address community-specific, long-term challenges through continuous efforts in environmental conservation, child support, and infrastructure support projects

TOKYO, April 20, 2026 /PRNewswire/ — transcosmos today announced that transcosmos technology Vietnam co., ltd. (Headquarters: Ho Chi Minh City, Vietnam; CEO: Daisuke Kamada; transcosmos Technologies Vietnam, TTV), its wholly owned subsidiary specializing in agile software development services in Vietnam, has organized a well-digging volunteer project in Kon Tu Ma Village, Mang Den, Kon Plong District, Quang Ngai Province, located in Vietnam’s Central Highlands.  

In 2022, TTV initiated an employee-led TTV Volunteering Club to boost unity and foster social awareness among employees. Today, approximately 20 employees participate in volunteering activities, led by 10 club members, engaging in initiatives such as environmental conservation, child support, and infrastructure support projects.

This time, the project was carried out in Mang Den, a beautiful place known as “the second Da Lat.” Nestled amidst gently sloping mountains and abundant virgin forests, Mang Den is located on a tranquil plateau with a comfortable, cool climate throughout the year. Many ethnic minority groups sustain themselves mainly through agriculture; however, they face various challenges related to their living environment, medical care, and education. Children living in remote mountainous areas, in particular, face severe conditions.  

In Mang Den, TTV has been carrying out volunteering activities for these children by providing meals and clothing, as well as recreational events and interaction programs. To further deepen these initiatives, TTV has dug a well to provide clean water to Kon Tu Ma Village and has also provided food and daily necessities.

With the Village Mayor, A Reo, and Mr. Hia, who is in charge of public safety, in attendance, TTV handed over the completed well at the grand opening ceremony. At the ceremony, Mayor A Reo commented, “This will not only help improve daily life, but also provide a secure environment even during dry seasons. We appreciate TTV’s support and thank you for your continued assistance.”

With the aim of establishing safe and sustainable water supply systems, TTV will continue to consider possibilities for supporting the development of water storage facilities and water purification systems. Guided by the belief that helping communities address community-specific, long-term challenges—going beyond temporary support—is the ideal approach, TTV is committed to continuing its volunteering activities. 

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.

*Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

• About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we have united superior “people” with cutting-edge “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes, focusing on both sales expansion and cost optimization through our 186 bases across 36 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of the e-commerce market on a global scale, transcosmos provides comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos is committed to treating the challenges of its clients and society as its own—discussing and addressing their issues from planning to execution—and Make It Real, Together. Visit us here https://www.trans-cosmos.co.jp/english/

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SOURCE transcosmos inc.