Welcome to our dedicated page for Nano Nuclear Energy news (Ticker: NNE), a resource for investors and traders seeking the latest updates and insights on Nano Nuclear Energy stock.
Nano Nuclear Energy Inc. (symbol: NNE) is an early-stage nuclear energy company dedicated to developing smaller, cheaper, and safer advanced portable clean energy solutions. The company's core focus areas include the Micro Nuclear Reactor Business, Fuel Fabrication Business, Fuel Transportation Business, and Nuclear Consultation Services.
In the Micro Nuclear Reactor Business, Nano Nuclear Energy Inc. is pioneering the development of next-generation nuclear microreactors. Of particular note are two flagship projects: ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Both reactors aim to provide efficient and reliable clean energy solutions tailored for modern needs.
Additionally, the Fuel Fabrication Business and Fuel Transportation Business are integral components of the company's strategy to streamline the nuclear energy supply chain, ensuring cost-effective and efficient operations. Through its Nuclear Consultation Services, Nano Nuclear Energy Inc. offers expert guidance and strategic insights, further cementing its position as a thought leader in the nuclear energy sector.
For more information about the company's latest developments and news, please visit their corporate website at NanoNuclearEnergy.com. For inquiries, you can reach out via email at IR@NANONuclearEnergy.com or contact them by phone at (212) 634-9206. Follow their social media pages on LinkedIn, YouTube, and Twitter for the latest updates.
NANO Nuclear Energy (NASDAQ: NNE) has been announced as the Diamond Sponsor of the SMR Canada Summit 2025, scheduled for March 4-5, 2025, in Strathcona County, Alberta. CEO James Walker will deliver a keynote speech titled 'Finding Opportunities in the Resurgent Nuclear Energy Industry' on March 4th at 9:30am.
The Summit will serve as a platform for discussing nuclear development in Western Canada, covering topics such as site development, safety protocols, transportation logistics, technology, community engagement, economic impacts, and workforce development. It brings together stakeholders including technology suppliers, governments, regulators, utilities, First Nations, NGOs, and end users.
The company's KRONOS MMR™ energy system was the first small modular reactor to enter the Canadian Nuclear Safety Commission's formal licensing review. NANO Nuclear is actively advancing discussions with the CNSC to ensure regulatory compliance as Canada aims for 100% net-zero carbon electricity by 2050.
NANO Nuclear Energy (NASDAQ: NNE) has filed four new utility patent applications with the USPTO for its Annular Linear Induction Pump (ALIP) technology. The ALIP technology, a thermal management system using electromagnetic pumps, is important for advanced molten-salt and liquid-metal nuclear reactors. It enables conductive fluid movement without mechanical components, reducing maintenance needs and increasing efficiency.
The patent applications cover software design optimization, next-generation pump design, advanced manufacturing methods, and micro-channel cooling systems for high-temperature operations. This technology, currently under development through a DOE SBIR Phase III project, has applications beyond nuclear energy, including space power, industrial cooling, and defense sectors.
The company aims to integrate ALIP into its microreactors (KRONOS MMR™, LOKI MMR™, and ODIN) while also pursuing separate commercialization opportunities for other advanced nuclear reactor systems.
NANO Nuclear Energy (NASDAQ: NNE) has filed four new utility patent applications with the USPTO for its Annular Linear Induction Pump (ALIP) technology. The ALIP technology, acquired last year, is a thermal management system using electromagnetic pumps for advanced molten-salt and liquid-metal nuclear reactors.
The technology enables conductive fluid movement without mechanical components, reducing maintenance needs while increasing efficiency. It's being refined through a DOE Small Business Innovation Research Phase III project, led by Dr. Carlos O. Maidana.
The patent applications cover software design optimization, next-generation pump design, advanced manufacturing methods, and micro-channel cooling systems for high-temperature operations. The ALIP technology will be integrated into NANO Nuclear's KRONOS MMR™, LOKI MMR™, and ODIN microreactors, with plans for separate commercialization as a component for other nuclear reactor systems.
NANO Nuclear Energy (NASDAQ: NNE) announced its inclusion in the MSCI USA Index, effective February 28, 2025, following MSCI's February index review. The MSCI USA Index, part of the MSCI Global Small Cap Indexes, represents approximately 14% of the free float-adjusted market capitalization across 23 Developed Market countries.
The company, which was the top-performing IPO in the U.S. during 2024, views this inclusion as validation of its business approach and trajectory. The addition is expected to enhance NANO Nuclear's visibility and accessibility among capital markets and institutional investors worldwide, supporting its position in the advanced nuclear energy technology sector.
NANO Nuclear Energy (NASDAQ: NNE) has partnered with aRobotics Company for a multimillion-dollar project to build out its demonstration facility in Westchester County, New York. aRobotics will oversee the facility's retrofitting and manage the construction of non-nuclear elements for NANO Nuclear's four reactors in development: ZEUS, ODIN, LOKI MMR, and KRONOS MMR.
The agreement includes developing custom sensors and equipment for demonstration components, and supporting NANO Nuclear's SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology. aRobotics brings significant experience from its work with the Department of Defense and defense prime contractors, along with multiple honors including the NATO DIANA Challenge and nearly 20 SBIR awards.
NANO Nuclear Energy Inc. (NASDAQ: NNE) has announced the establishment of a specialized demonstration facility in Westchester County, New York. The facility will be used to demonstrate non-nuclear components of the company's four microreactors in development: ZEUS™, ODIN™, LOKI MMR™, and KRONOS MMR™.
The facility will support the company's SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology, which addresses challenges in high-efficiency thermal fluid management using electromagnetic pumps. This technology is important for NANO Nuclear's microreactor suite and has potential applications across the nuclear energy sector.
Following the company's response to a NYSERDA RFI in December 2024, this expansion aims to support New York's pursuit of alternatives to carbon-based energy sources. The facility is in final retrofitting stages and is expected to be operational in spring 2025.
NANO Nuclear Energy (NASDAQ: NNE) has contracted with Thermal Engineering International (TEi), a Babcock Power company, to advance the design and fabrication of heat exchangers for its portable ODIN nuclear microreactor. TEi will develop detailed designs for both primary and secondary heat exchangers, leveraging its century-long expertise in heat transfer technology for the power generation industry.
The collaboration marks a significant milestone in ODIN's development roadmap, following last year's external technical audit by the Idaho National Laboratory. TEi will lead a cross-functional initiative to design practical heat transfer systems, working alongside NANO Nuclear's technical team from procurement to fabrication. The heat transfer systems are important components for the portable microreactor's functionality, advancing the project toward demonstration, regulatory licensing, and market introduction.
NANO Nuclear Energy (NASDAQ: NNE) has expanded its intellectual property portfolio by acquiring key worldwide patents from Ultra Safe Nuclear Corp. (USNC). The primary acquisition includes Patent No. US 11,264,141 B2, titled 'Composite Moderator for Nuclear Reactor Systems,' which aims to improve safety and waste management in nuclear reactor systems.
The patent addresses graphite oxidation issues found in conventional moderator systems and reduces waste and structural deterioration, allowing the moderator to function throughout the fuel's lifecycle without replacement. The technology will enhance protection for NANO Nuclear's proprietary advanced portable reactors: ZEUS, ODIN, KRONOS MMR™, and LOKI MMR™, all currently under development.
The patent protection extends internationally, with patents issued in Canada, Russia, Japan, China, South Korea, and through the European Patent Office, with a World Intellectual Property Organization application in progress.
NANO Nuclear Energy (NASDAQ: NNE) has acquired a significant patent portfolio from Ultra Safe Nuclear, strengthening its intellectual property position in modular nuclear technology. The acquisition includes Patent No. US 10,229,757 B2 for 'Modular Transportable Nuclear Generator' and related patents across multiple jurisdictions including Canada, Russia, Japan, China, South Korea, and through the World Intellectual Property Organization.
The patents enhance protection for NANO Nuclear's proprietary microreactors in development: ZEUS, ODIN, KRONOS MMR, and LOKI MMR. These systems are designed to be transportable and provide power ratings from 10 to 45 mega-watt thermal (MWt), featuring passive core cooling and simplified cooling systems. The technology enables multiple microreactors to be clustered for specific energy demands, targeting applications in mining, oil and gas, data centers, remote communities, island nations, and military bases.
NANO Nuclear Energy (NASDAQ: NNE) has rebranded its recently acquired Pylon Transportable Reactor Platform as LOKI MMR™. This portable nuclear reactor is designed to provide between 1.5MWe and 5MWe of power, suitable for remote terrestrial, marine, and space applications. The reactor can be transported via road, rail, sea, and air, and supports scalability through interconnected systems.
The LOKI MMR™ is particularly focused on space exploration applications, including powering resource extraction facilities, space-based manufacturing, and electric propulsion engines for deep space missions. It's scalable from 10kWe to 3MWe and compatible with lander configurations. Initial testing was originally planned for 2026 through the National Reactor Innovation Center, with demonstration targeted at the DOME facility at Idaho National Laboratory by 2027.
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