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Frederick Based Projectioneering LLC Launches with $880K – cbl
By citybizlist Staff
FREDERICK, Md. - Projectioneering, LLC has raised $880,000 in an equity offering, according to a Reg D filing with the U.S. Securities and Exchange Commission.
Listed as executive officers, directors and promoters in the filing are John Hnatio and Barton Michelson, co-founders of ThoughtQuest, LLC in Frederick, Md.
ThoughtQuest, LLC develops software to provide custom solutions based on the Complexity Systems ?Management (CSM) Method, which combines advanced simulation and information ?technology to support improved decision making. The company is also developing the next generation line of automated risk assessment solutions for critical infrastructure systems and the complex information technology systems that tie them together. ThoughtQuest partners with the Army National Guard, Argonne National Laboratory, Cyntelix and the University of Maryland.
Reg D filing: http://tinyurl.com/yek4uwe
About John Hnatio
John Hnatio is president and chief scientist of ThoughtQuest, LLC, which he founded with Barton Michelson. Hnatio is a senior associate with CAI/SISCo, a business development consulting firm in the Washington DC area. He is the former manager of the International Nuclear Safety Program at the National Nuclear Security Administration, and former Program Director of the Office of Nonproliferation and Nuclear Security at the Department of Energy.
Hnatio has a PhD from George Washington University and a MLS from Georgetown University. He is a member of the National Security Whistleblowers Coalition.
In the 1980's, John Hnatio served as a nuclear safeguards specialist who conducted independent inspections of security at DOE nuclear weapons sites. The reviews highlighted serious management failures that allowed security problems to go unresolved for decades. For refusing to concur on a misleading report to President Reagan downplaying serious security problems, Hnatio's superiors threatened his security clearance and he was "back burnered," no longer allowed to conduct inspections. In the 1990's, as a senior manager for a cooperative nonproliferation program with the former Soviet Union, Hnatio discovered that elements of the US government were funding dangerous projects involving the development of new biological pathogens with Russian institutes that could have military applications. For reporting his concerns to his superiors that such activities were violating US treaty obligations and export control laws Hnatio was forced to retire. Hnatio retired from the National Nuclear Security Administration in October 2004.
Posted Mar 16, 2010
