NANO Nuclear Energy Reinforces its Nuclear Technology and Engineering Team Further with the Addition of Leading Researchers
NANO Nuclear Energy Inc. (NASDAQ: NNE) has announced the addition of Professor Andrew W. Woods, Ph.D. and Alejandra de Lara, Ph.D. to its Nuclear Technology and Engineering Team. This expansion reinforces the company's focus on developing portable, clean energy solutions. Dr. Woods, a Fellow of the Royal Society, brings expertise in complex fluid flow and heat transfer processes. Dr. de Lara's research background includes adapting fuel codes for molten salt reactors and analyzing their benefits compared to light water reactors.
The new team members will contribute to the next phase of development for NANO Nuclear's 'ODIN' microreactor. Their expertise is expected to be important in meeting regulatory requirements and progressing towards commercialization of the company's portable, secure, and reliable energy solution.
NANO Nuclear Energy Inc. (NASDAQ: NNE) ha annunciato l'aggiunta del Professor Andrew W. Woods, Ph.D. e della Dott.ssa Alejandra de Lara, Ph.D. al suo Team di Tecnologia Nucleare e Ingegneria. Questa espansione rafforza l'orientamento dell'azienda nello sviluppo di soluzioni energetiche portatili e pulite. Il Dr. Woods, Fellow della Royal Society, porta competenze nei processi di flusso di fluidi complessi e trasferimento di calore. Il background di ricerca della Dott.ssa de Lara include l'adattamento dei codici di combustibile per reattori a sale fuso e l'analisi dei loro benefici rispetto ai reattori ad acqua leggera.
I nuovi membri del team contribuiranno alla prossima fase di sviluppo del microreattore 'ODIN' di NANO Nuclear. Si prevede che la loro esperienza sarà importante per soddisfare i requisiti normativi e progredire verso la commercializzazione della soluzione energetica portatile, sicura e affidabile dell'azienda.
NANO Nuclear Energy Inc. (NASDAQ: NNE) ha anunciado la incorporación del Profesor Andrew W. Woods, Ph.D. y de Alejandra de Lara, Ph.D. a su Equipo de Tecnología Nuclear e Ingeniería. Esta expansión refuerza el enfoque de la empresa en el desarrollo de soluciones de energía portátil y limpia. El Dr. Woods, miembro de la Royal Society, aporta experiencia en procesos de flujo de fluidos complejos y transferencia de calor. La experiencia de la Dra. de Lara incluye la adaptación de códigos de combustible para reactores de sal fundido y el análisis de sus beneficios en comparación con los reactores de agua ligera.
Los nuevos miembros del equipo contribuirán a la próxima fase de desarrollo del microreactor 'ODIN' de NANO Nuclear. Se espera que su experiencia sea importante para cumplir con los requisitos regulatorios y avanzar hacia la comercialización de la solución energética portátil, segura y confiable de la empresa.
NANO Nuclear Energy Inc. (NASDAQ: NNE)는 Andrew W. Woods 교수, Ph.D.와 Alejandra de Lara, Ph.D.를 핵 기술 및 엔지니어링 팀에 추가한다고 발표했습니다. 이번 확장은 회사가 포터블 청정 에너지 솔루션 개발에 집중하고 있음을 다시 한번 강조합니다. 왕립학회 펠로우인 Woods 박사는 복잡한 유체 흐름 및 열 전달 과정에 대한 전문성을 가지고 있습니다. de Lara 박사의 연구 배경은 용융염로의 연료 코드를 조정하고 경수로와 비교했을 때의 이점을 분석하는 것을 포함합니다.
새로운 팀원들은 NANO Nuclear의 'ODIN' 마이크로 리액터의 다음 개발 단계에 기여할 것입니다. 그들의 전문성은 규제 요구 사항을 충족하고 회사의 포터블하고 안전하며 신뢰할 수 있는 에너지 솔루션의 상용화를 위한 진전을 이루는 데 중요할 것으로 예상됩니다.
NANO Nuclear Energy Inc. (NASDAQ: NNE) a annoncé l'ajout de Professeur Andrew W. Woods, Ph.D. et de Alejandra de Lara, Ph.D. à son équipe de technologie nucléaire et d'ingénierie. Cette expansion renforce l'accent mis par l'entreprise sur le développement de solutions énergétiques portables et propres. Le Dr Woods, membre de la Royal Society, apporte son expertise dans les processus d'écoulement de fluides complexes et de transfert de chaleur. Les antécédents de recherche du Dr de Lara comprennent l'adaptation des codes de carburant pour les réacteurs à sel fondu et l'analyse de leurs avantages par rapport aux réacteurs à eau légère.
Les nouveaux membres de l'équipe contribueront à la prochaine phase de développement du microréacteur 'ODIN' de NANO Nuclear. Leur expertise devrait être importante pour répondre aux exigences réglementaires et progresser vers la commercialisation de la solution énergétique portable, sécurisée et fiable de l'entreprise.
NANO Nuclear Energy Inc. (NASDAQ: NNE) hat die Hinzunahme von Professor Andrew W. Woods, Ph.D. und Alejandra de Lara, Ph.D. in sein Team für nukleare Technologie und Ingenieurwesen bekannt gegeben. Diese Erweiterung stärkt den Fokus des Unternehmens auf die Entwicklung tragbarer, sauberer Energielösungen. Dr. Woods, Fellow der Royal Society, bringt Expertise in komplexen Fluidströmungen und Wärmeübertragungsprozessen mit. Der Forschungshintergrund von Dr. de Lara umfasst die Anpassung von Brennstoffcodes für Schmelzsalzreaktoren und die Analyse ihrer Vorteile im Vergleich zu Leichtwasserreaktoren.
Die neuen Teammitglieder werden zur nächsten Entwicklungsphase des 'ODIN'-Mikroreaktors von NANO Nuclear beitragen. Ihre Expertise wird voraussichtlich wichtig sein, um regulatorische Anforderungen zu erfüllen und Fortschritte in Richtung Kommerzialisierung der tragbaren, sicheren und zuverlässigen Energielösung des Unternehmens zu erzielen.
- Addition of two highly qualified researchers to the Nuclear Technology and Engineering Team
- Strengthening of expertise in fluid flow, heat transfer, and molten salt reactor technology
- Progress in the development of the 'ODIN' microreactor towards meeting regulatory requirements and commercialization
- None.
New York, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced that Professor Andrew W. Woods, Ph.D. and Alejandra de Lara, Ph.D. has joined its Nuclear Technology and Engineering Team.
“It is a pleasure to see our Nuclear Technology and Engineering team grow with the additions of Dr. Woods and Dr. de Lara,” said Prof. Ian Farnan, Lead for Nuclear Fuel Cycle, Radiation and Materials at NANO Nuclear Energy. “Their experience and unique expertise are a timely addition to the team and the next phase of the development of the ‘ODIN’ microreactor.”
“We are very happy to welcome Dr. Woods and Dr. de Lara to the team,” said Eugene Shwageraus, Lead of Nuclear Reactor Engineering of NANO Nuclear Energy. “The next steps in the development of ‘ODIN’ require a dedicated team of experts to ensure the technology is ready to meet regulatory requirements and progress towards commercialization. I am delighted to work alongside Dr. Woods and Dr. de Lara and develop a portable, secure and reliable solution to the world’s growing energy needs.”
Dr. Woods’ research focuses on developing simplified mathematical and experimental models to study complex fluid flow and heat transfer processes in single and multiphase flow. Applications of his work span various fields, including the dynamics of explosive volcanic eruptions, geothermal power generation, carbon sequestration, and large scale, subsurface energy storage. In recognition of his contributions, Dr. Woods was elected a Fellow of the Royal Society (FRS) in 2017. He is a Professor in the University of Cambridge.
Figure 1 - NANO Nuclear Energy Inc. Bolsters its Nuclear Technology and Engineering Team with the Additions of Professor Andrew W. Woods (left) and Alejandra de Lara, Ph.D. (right).
Dr. de Lara earned her Ph.D. at the University of Cambridge, sponsored by Framatome, where her work centered on adapting fuel codes for molten salt reactors (MSRs) and analyzing their benefits compared to light water reactors (LWRs).
Her research demonstrated that high-temperature operation enables greater thermodynamic efficiency in power conversion using advanced cycles, while also allowing for the direct use of nuclear heat to drive industrial processes such as synthetic fuel production, hydrogen generation, and district heating.
“The ‘ODIN’ team has grown rapidly in recent months, and it is a pleasure to welcome Dr. Woods and Dr. de Lara,” said James Walker, Chief Executive Officer, and Head of Reactor Development of NANO Nuclear Energy. “Dr. Woods is an experienced and well-versed leader in the field of complex fluid flow and heat transfer processes, and I am certain his skills will be invaluable in the next steps of ‘ODIN’s” development. Similarly, Dr. de Lara has proven herself as a leading young researcher and is the perfect example of the next generation’s excellence in nuclear science.”
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 four business lines: (i) cutting edge portable microreactor technology, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation and (iv) 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 products in technical development are “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.
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.
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This news release and statements of NANO Nuclear’s management in connection with this news release or related events 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 (including the anticipated benefits to NANO Nuclear of the engineering personnel described herein and statements regarding NANO Nuclear’s regulatory and licensing processes) 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. These 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”) nuclear fuel manufacturing submission and the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, (ii) our ability to obtain contracts and funding to be able to continue operations, (iii) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (v) similar risks and uncertainties associated with the business of a start-up business operating a highly regulated 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 the 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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FAQ
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