As founder and Chief Executive Officer, Mr. Tannous is responsible for overseeing all aspects of the Nexscient’s vision, strategy, and product development. Fred has over thirty-five years of experience in finance, engineering and new business development and previously held senior level positions at Fortune 500 companies and several start-ups in private and public equity markets.
Over the course of his professional career, he has worked extensively with emerging companies to improve performance, enhance enterprise value and maximize returns. Mr. Tannous has helped effect transactions valued at more than $1.2 billion as well as launching several of his own start-ups in several industries, including mobile and wireless communications and networking technologies. One of his previous start-up companies partnered with Los Alamos National Laboratories to commercialize a declassified military technology for continuous remote sensing and monitoring applications.
Prior, Fred co-founded and was the CEO of a life sciences company, where he was instrumental in successfully taking it public by effecting a self-underwritten public offering (IPO) of its equity securities and growing its market value to more than $100 million over three years.
Earlier in his career he held the position of Senior Analyst at corporate treasury for Hughes Aircraft Company, a government contractor, before transitioning to the position of Manager of Investments & Acquisitions at DIRECTV, where he worked with the CFO in financial operations and was responsible for valuing, structuring and executing strategic investments and overseeing the company’s portfolio having a market valuation of over $1 billion.
Previously, as CFO of a gaming and hospitality concern, Mr. Tannous was instrumental in obtaining its listing and trading on NASDAQ and raising over $65 million in combined private equity and debt financing to expand its operations.
Fred started his career as an electrical engineer at Hughes Aircraft, where he worked on advanced radar signal and data processing techniques for electronic counter-counter-measures used in radar systems onboard F-14, F-15 and F-18/A fighter aircraft. He has co-authored several papers on proprietary and unconventional methods for detecting and countering radar jamming.
Fred holds a Master of Business Administration (MBA) in Finance and Banking from the University of Chicago (Booth) Graduate School of Business as well as a Master of Science (MS) and a Bachelor of Science (BS) in Electrical Engineering from the University of Southern California. He also studied international business at Bocconi University in Milan, Italy. Fred is a member of the Association for the Advancement of Artificial Intelligence and the Association for Computing Machinery.
“We have established a captivating framework to help accelerate the clock speed of AI commercialization.”
