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Teknovation News and Notes
September 24, 2023 | Tom Ballard

News & Notes | Opportunity to meet with the Securities and Exchange Commission

Other items include a long-awaited crowdfunding campaign, a new Vice President of Economic Development at the Chattanooga Chamber, and news from Kairos Power about its latest plans in Oak Ridge.

From Knoxville:

We apologize for the late notice, but the College of Law at the University of Tennessee, Knoxville is hosting representatives of the U.S. Securities and Exchange Commission for a series of meetings on September 25.

  • Start-ups and small businesses can meet with the Division of Corporation Finance team at 9 a.m. EDT in Room 241 of the College of Law Building.
  • Students are welcome for a 12 noon discussion in Room 132.
  • At 4 p.m., there’s a session for investors, also in Room 132.

To register, email George Kuney at or Joan Heminway at

From Russellville:

John McMillan of Shockwave Motors Inc. announced over the weekend that he is officially launching a crowdfunding campaign September 25 that will raise funds so that the company can begin commercial production of the Defiant EV3 All-Electric RoadsterTM or Draco Sports TrikeTM.

It’s been a long journey for the Hamblen County-based start-up – that’s near Morristown – that we first spotlighted when McMillan was one of the winners in the 2015 Tennessee Veterans Business Association business plan competition.

Both models are electric vehicles. The Defiant EV3 Electric Roadster is a hardtop/convertible that provides seating for three people, while the Draco Sports Trike is smaller than its sibling and seats two people.

From Chattanooga:

  • Adam Myers started work last Monday as Vice President of Economic Development for the Chattanooga Area Chamber of Commerce. He comes to the Scenic City after nine years with the Tampa Bay Economic Development Council where he served as Director of Business Development. The Vice President position became available when Charles Wood was promoted to Chamber President and Chief Executive Officer.
  • Scenic Roots, a series from WUTC, the local National Public Radio affiliate, says it “offers conversations that matter in the heart of Chattanooga and the Tennessee Valley.” A recent show features Donna Ehart, Managing Director of the “CO.LAB Sustainable Mobility Accelerator,” and Rosimar Nieves, CO.LAB’s Programs Director. You can listen to it here.

From Cookeville:

Tennessee Tech University (TTU) has a new Vice President for Research. Zhanjiang (John) Liu begins in the role October 1. He comes to TTU from Syracuse University where he was serving as Vice President for International Strategy and Professor of Biology. Previously, Liu served for more than 20 years at Auburn University as Associate Provost, Associate Vice President for Research, Associate Dean for Research, and Distinguished Alumni Professor of Aquaculture.

Click here to read the TTU news release.

From Nashville:

Lexington Regional Rehabilitation Hospital in Cayce, SC recently opened, and the 36-bed medical rehabilitation hospital provides specialized care to patients who are recovering from disabilities caused by injuries, illnesses, or chronic medical conditions.

Among the devices that it has installed is the is Rise&Walk® from the Nashville- based company Healing Innovations Inc. The innovative technology is designed for patients with neurological and mobility impairments. It supports gait training by synchronizing upper and lower extremity movements, providing a versatile neurorehabilitation station that combines robotic-assisted gait training, seated activities, and a balance support zone.

From Washington, DC but with Oak Ridge Implications:

The Nuclear Regulatory Commission (NRC) has formally accepted for review Kairos Power’s construction permit application for Hermes 2, a proposed two-unit demonstration plant that would produce electricity and is intended to be deployed in Oak Ridge.

As previously reported in this article, Kairos said Hermes 2, a molten salt test reactor, would build upon work it has already carried out to further “de-risk technology, construction, supply chain, and licensing for a multi-reactor plant.”

While the initial Hermes plant would not produce electricity, the plan for Hermes 2 is two reactors that would each produce 14 megawatts of electricity that would go on the grid. About the time Hermes 1 comes online, Laufer said Kairos hope is to have the approval to start construction of Hermes 2 and have the two-reactor facility up and running in 2028.

From Memphis:

The University of Memphis (UofM) is recruiting for a Manager of the UofM Research Innovation Ecosystem.

According to the job description, the successful candidate will oversee operations in the UofM Research Park to include building and programming management, develop programming to support and grow the community of the park, and create of relationships with new companies interested in working with UofM researchers.

The Manager also supports the cohort for the “Patents2Products Program” in partnership with the University’s Office of Technology Transfer and community partners. That role includes the programming and activities of the Patents2Products Postdoc Fellowship program.

For a full description and to apply, click here.

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