Mentioned:
One of the most influential politicians in American energy is joining a publicly traded company on the Nasdaq. But, why?
What’s happening:
- Former Governor of Texas and former United States Secretary of Energy Rick Perry has officially joined Nano Nuclear Energy (NASDAQ: NNE) as the Chairman of the Executive Advisory Board
Why it matters:
- Rick Perry has been one of the most outspoken advocates for nuclear power infrastructure and domestic uranium mining in American politics and has also been highly influential in developing new regulations for small modular reactors
Going deeper:
- Rick Perry was also responsible for unlocking new funding from the United States Department of Energy for nuclear reactor projects as well as nuclear technology research, which ultimately provided tens of millions of dollars to American companies developing nuclear power infrastructure
- This is not the first time Rick Perry has been involved with a publicly traded company, previously being on the board of major pipeline operator Energy Transfer (NYSE: ET) and fuel distributor Sunoco (NYSE: SUN) which were both led by Texas billionaire Kelcy Warren
