NANO Nuclear Energy Highlights Recent Acquisition of Key Worldwide Patent Portfolio Surrounding the Design of a Modular Transportable Nuclear Generator
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) ha acquisito un portafoglio significativo di brevetti da Ultra Safe Nuclear, rafforzando la sua posizione di proprietà intellettuale nella tecnologia nucleare modulare. L'acquisizione include il Brevetto n. US 10,229,757 B2 per 'Generatore Nucleare Modulare Trasportabile' e brevetti correlati in diverse giurisdizioni, tra cui Canada, Russia, Giappone, Cina, Corea del Sud e attraverso l'Organizzazione Mondiale della Proprietà Intellettuale.
I brevetti migliorano la protezione per i microreattori proprietari di NANO Nuclear in fase di sviluppo: ZEUS, ODIN, KRONOS MMR e LOKI MMR. Questi sistemi sono progettati per essere trasportabili e offrono potenze termiche variabili da 10 a 45 mega-watt termici (MWt), presentando un raffreddamento passivo del nucleo e sistemi di raffreddamento semplificati. La tecnologia consente di raggruppare più microreattori per soddisfare specifiche esigenze energetiche, mirando ad applicazioni in settori minerario, petrolifero e del gas, centri dati, comunità remote, nazioni insulari e basi militari.
NANO Nuclear Energy (NASDAQ: NNE) ha adquirido un portafolio significativo de patentes de Ultra Safe Nuclear, fortaleciendo su posición de propiedad intelectual en tecnología nuclear modular. La adquisición incluye la Patente No. US 10,229,757 B2 para 'Generador Nuclear Modular Transportable' y patentes relacionadas en múltiples jurisdicciones, incluyendo Canadá, Rusia, Japón, China, Corea del Sur y a través de la Organización Mundial de la Propiedad Intelectual.
Las patentes mejoran la protección de los microreactores propietarios en desarrollo de NANO Nuclear: ZEUS, ODIN, KRONOS MMR y LOKI MMR. Estos sistemas están diseñados para ser transportables y proporcionan calificaciones de potencia de 10 a 45 megavatios térmicos (MWt), con un enfriamiento pasivo del núcleo y sistemas de enfriamiento simplificados. La tecnología permite agrupar múltiples microreactores para satisfacer demandas energéticas específicas, enfocándose en aplicaciones en minería, petróleo y gas, centros de datos, comunidades remotas, naciones insulares y bases militares.
NANO 핵 에너지 (NASDAQ: NNE)는 Ultra Safe Nuclear로부터 중요한 특허 포트폴리오를 인수하여 모듈형 핵 기술에서 지적 재산 위치를 강화했습니다. 인수에는 '모듈식 운반 가능한 핵 발전기'에 대한 미국 특허 번호 US 10,229,757 B2과 캐나다, 러시아, 일본, 중국, 한국 및 세계 지적 재산권 기구를 포함한 여러 관할권의 관련 특허가 포함됩니다.
이 특허는 NANO 핵 에너지가 개발 중인 독점 마이크로 반응기에 대한 보호를 강화합니다: ZEUS, ODIN, KRONOS MMR 및 LOKI MMR. 이 시스템은 운반 가능하도록 설계되었으며, 10에서 45 메가와트 열(MWt) 사이의 전력 등급을 제공하며, 수동 코어 냉각 및 간소화된 냉각 시스템을 특징으로 합니다. 이 기술은 특정 에너지 수요를 충족하기 위해 여러 마이크로 반응기를 클러스터링할 수 있게 해주며, 광업, 석유 및 가스, 데이터 센터, 외딴 지역 사회, 섬나라 및 군사 기지에서의 사용을 목표로 하고 있습니다.
NANO Nuclear Energy (NASDAQ: NNE) a acquis un portefeuille de brevets significatif d'Ultra Safe Nuclear, renforçant sa position en matière de propriété intellectuelle dans la technologie nucléaire modulaire. L'acquisition comprend le Brevet n° US 10,229,757 B2 pour le 'Générateur Nucléaire Modulaire Transportable' et des brevets associés dans plusieurs juridictions, y compris le Canada, la Russie, le Japon, la Chine, la Corée du Sud, ainsi que par le biais de l'Organisation Mondiale de la Propriété Intellectuelle.
Les brevets renforcent la protection des microréacteurs propriétaires de NANO Nuclear en cours de développement : ZEUS, ODIN, KRONOS MMR et LOKI MMR. Ces systèmes sont conçus pour être transportables et offrent des puissances thermiques allant de 10 à 45 mégawatts thermiques (MWt), avec un refroidissement passif du cœur et des systèmes de refroidissement simplifiés. La technologie permet d'assembler plusieurs microréacteurs pour répondre à des besoins spécifiques en énergie, ciblant des applications dans l'exploitation minière, le pétrole et le gaz, les centres de données, les communautés éloignées, les nations insulaires et les bases militaires.
NANO Nuclear Energy (NASDAQ: NNE) hat ein signifikantes Patentportfolio von Ultra Safe Nuclear erworben und damit seine Position im Bereich der geistigen Eigentumsrechte in Bezug auf modulare Kerntechnik gestärkt. Die Übernahme umfasst das Patent Nr. US 10,229,757 B2 für 'Modular Transportabler Kernreaktor' sowie verwandte Patente in mehreren Jurisdiktionen, darunter Kanada, Russland, Japan, China, Südkorea und über die Weltorganisation für geistiges Eigentum.
Die Patente verbessern den Schutz der proprietären Mikoreaktoren von NANO Nuclear, die sich in der Entwicklung befinden: ZEUS, ODIN, KRONOS MMR und LOKI MMR. Diese Systeme sind darauf ausgelegt, transportabel zu sein, und bieten thermische Leistungsbewertungen von 10 bis 45 Megawatt thermisch (MWt), mit passiver Kernkühlung und vereinfachten Kühlsystemen. Die Technologie ermöglicht die Bündelung mehrerer Mikoreaktoren für spezifische Energiebedarfe und richtet sich an Anwendungen im Bergbau, in der Öl- und Gasindustrie, in Rechenzentren, in abgelegenen Gemeinschaften, auf Inseln und in Militärbasen.
- Acquisition of comprehensive patent portfolio across multiple major jurisdictions
- Patents protect core technology for four microreactor products under development
- Technology enables power generation from 10 to 45 MWt with clustering capability
- Diverse market applications across industrial, residential, and military sectors
- All reactor systems still in development phase with no immediate revenue generation
- Commercialization timeline and regulatory approval process uncertain
Insights
The acquisition of Ultra Safe Nuclear's patent portfolio represents a significant strategic move that substantially strengthens NANO Nuclear's competitive position in the advanced nuclear energy sector. The patent coverage across major markets including the US, Canada, Russia, Japan, China and South Korea creates a robust protective moat around their intellectual property.
The portfolio's scope is particularly valuable as it encompasses critical aspects of modular transportable nuclear generator technology. The multi-jurisdictional protection is especially noteworthy in the context of the global nuclear energy market, where China and Russia have been aggressively developing their nuclear capabilities. Having patent protection in these markets could potentially lead to licensing opportunities or strategic partnerships.
The technical specifications of the protected technology - supporting 10-45 MWt power outputs with passive cooling systems and clusterable configurations - align perfectly with the growing market demand for flexible, scalable nuclear solutions. The design's emphasis on transportability and reduced plant footprint addresses key commercial viability factors:
- Simplified cooling systems reduce operational complexity and maintenance costs
- Modular clustering capability enables customization for varying power demands
- Transportable design significantly expands the potential customer base across remote industrial, military and residential applications
The breadth of protected applications, from data centers to mining operations and military installations, positions NANO Nuclear to potentially capture multiple revenue streams across diverse sectors. This diversification could help mitigate market-specific risks while maximizing commercialization opportunities.
The timing of this acquisition is particularly strategic given the growing global focus on energy security and decarbonization. The comprehensive patent protection could accelerate NANO Nuclear's path to commercialization by providing clear freedom to operate and potential barriers to competitors in key markets.
Patents recently acquired from Ultra Safe Nuclear add protections relating to NANO Nuclear’s proprietary, portable and modular microreactors in development, ZEUS and ODIN as well as recently acquired KRONOS MMR and LOKI MMR reactors
New York, N.Y., Jan. 23, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today highlighted its recently acquisition of important intellectual property pertaining to its modular microreactor technologies under development, encompassing patents granted across multiple jurisdictions.
The acquired patent portfolio includes Patent No. US 10,229,757 B2, titled “Modular Transportable Nuclear Generator” granted by the United States Patent and Trademark Office (USPTO) as well as related patents issued in Canada, the Russian Federation, Japan, The People’s Republic of China, the Republic of Korea and by the World Intellectual Property Organization. The patents were recently acquired by NANO Nuclear in its previously announced transaction with Ultra Safe Nuclear Corp.
The patent portfolio grants NANO Nuclear additional protections surrounding its transportable, compact modular nuclear generator systems and supports variable operations with multiple core configurations and applications, including the generation of electric power and process heat. This intellectual property is expected to enhance the protections for NANO Nuclear’s own proprietary advanced portable ZEUS and ODIN microreactors, as well the KRONOS MMRTM and LOKI MMRTM reactors, all of which are currently in development.
Figure 1 - NANO Nuclear’s proprietary advanced portable ZEUS and ODIN microreactors, as well the the KRONOS MMRTM and LOKI MMRTM reactors, all of which are currently in development.
The energy systems are designed to be easily transportable and retrievable, including systems developed to passively ensure core cooling under all accident scenarios and may provide power ratings from 10 to 45 mega-watt thermal (MWt). Their design aims to reduce the balance of plant, shrinking the maximum size of the reactor by simplifying its cooling systems and decreasing the system’s footprint on site.
Additionally, the patented design enables multiple microreactors to be clustered to match site-specific energy or process heat demands. Applications for these innovative energy systems range from securely powering industrial processes, such as mining, oil and gas extraction, and ship propulsion, to energizing data centers, providing residential power for remote communities, serving as microgrids for island nations, and supporting military bases with reliable, on-demand power.
“We are pleased to expand our intellectual property portfolio with these recently acquired patents, further strengthening the protections surrounding our proprietary, portable and modular microreactor technologies in development.,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “The addition of these patents, issued in the United States and internationally, will help to safeguard our technologies as we continue to develop, refine, and advance our nuclear energy systems toward demonstration, regulatory licensing and eventual commercialization. It also bolsters our goal of positioning NANO Nuclear as a global leader in advanced nuclear energy technology.”
“I’m thrilled about the capabilities these newly acquired patents bring to our research and development efforts and the support that they provide to our technical teams as we continue the development of our various energy systems,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO. “The addition of these patents further underscores our steadfast commitment to innovation in the advanced nuclear energy sector and emphasizes our ambition to establish NANO Nuclear as a leading, global player in advanced nuclear energy technologies. By expanding our intellectual property portfolio, we aim to bolster our capacity to develop next-generation nuclear energy solutions that address evolving market needs and drive transformative change in the industry.”
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.
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Cautionary Note Regarding Forward Looking Statements
This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include, without limitation, statements regarding the anticipated benefits of the recently acquired intellectual property described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
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