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Frontier Nuclear (NASDAQ: FNUC) says portfolio company Kadmos Energy launched a two-stream experimental validation program on April 29, 2026 to underpin its small modular reactor (SMR) design and NRC licensing strategy. The program uses a scaled thermal-hydraulic flow loop and a containment test bed to generate high-fidelity data for licensing. Kadmos describes a below-grade pressurized water reactor (PWR) with passive safety features and targets initial commercial operations in the early 2030s.
Frontier Nuclear (Nasdaq: FNUC) announced that portfolio company Kadmos Energy will begin a dual experimental validation program at an Idaho Falls engineering facility to verify thermal-hydraulic models for its SMR design. The program supports transition from analytical design to hardware-backed validation, regulatory qualification, and de-risking ahead of licensing.
Kadmos is advancing a light water reactor design to leverage existing LWR operational data, aims for initial commercial operations in the early 2030s, and cites proximity to Idaho National Laboratory as a talent and collaboration advantage.
Frontier Nuclear (Nasdaq: FNUC) will participate in Maxim Group's Virtual Critical Mineral Mining Conference on April 21, 2026. CEO Frank Wheatley will speak on a panel titled "Uranium Supply Shortage" at 12:00 PM ET. The event runs from 8:30 AM ET and covers critical mineral production, private capital availability, and U.S. government backstop capital.
The session will be live on Maxim Group's digital platform and features publicly traded companies focused on developing critical minerals projects. According to the company, the panel appearance highlights Frontier's engagement on uranium supply and the nuclear fuel cycle.
Frontier Nuclear (NASDAQ: FNUC) announced a strategic refocus toward a U.S. nuclear fuel cycle platform on March 23, 2026. The company plans to build a U.S. uranium portfolio, maintain targeted equity exposure to enrichment and reactor technologies, and spin off non-core lithium assets to simplify operations and sharpen capital allocation.
Frontier named Tallahassee (Colorado) and Pine Ridge (Wyoming) as core uranium projects, and holds equity stakes in Ubaryon (enrichment) and Kadmos Energy (SMR technologies). The lithium spin-off’s structure and timing remain subject to approvals. 2026 priorities emphasize advancing uranium technical work, supporting portfolio companies, and evaluating aligned opportunities.
Frontier Nuclear and Minerals Inc (NASDAQ: FNUC) is the new name for Snow Lake, effective March 16, 2026, reflecting a completed strategic shift into the U.S. nuclear fuel cycle. The company closed an acquisition that expands its U.S. uranium resource base and holds stakes in uranium enrichment and SMR developers.
The company plans a lithium asset spin-off, assigned new CUSIP 359134103, and will trade under the symbol FNUC on Nasdaq.