Nano Nuclear Energy Inc. - NNE STOCK NEWS

NANO Nuclear Energy Inc. (NASDAQ: NNE) has announced the addition of Professor Andrew W. Woods, Ph.D. and Alejandra de Lara, BSc, MPhil to its Nuclear Technology and Engineering Team. This expansion aims to strengthen the development of the company's 'ODIN' microreactor.

Dr. Woods, a Fellow of the Royal Society and Professor at the University of Cambridge, specializes in complex fluid flow and heat transfer processes. Alejandra de Lara, who recently submitted her Ph.D. for examination, focused on molten salt-cooled reactors and their benefits compared to Light Water Reactors.

These additions are expected to contribute significantly to the next phase of 'ODIN's' development, ensuring the technology meets regulatory requirements and progresses towards commercialization. The company aims to develop a portable, secure, and reliable solution to address growing global energy needs.

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) announced its sponsorship of the Nuclear Panel at the 17th Annual LD Micro Main Event, taking place on October 28-30, 2024 in Los Angeles. The company's senior executives, including CEO James Walker and Founder & Chairman Jay Yu, will deliver a presentation on Tuesday, October 29th, from 9:30 to 9:55 AM.

The event, held at the Luxe Sunset Boulevard Hotel, will feature approximately 150 public and private companies. It offers opportunities for one-on-one meetings, keynote addresses, and company presentations. NANO Nuclear, a leading advanced nuclear energy and technology company, aims to increase its visibility and share recent developments with attendees.

Jay Yu expressed pride in sponsoring the event and participating in the nuclear panel discussion, while James Walker highlighted the conference's potential to boost the company's national profile.

NANO Nuclear Energy Inc. (NASDAQ: NNE) has appointed Carlos O. Maidana, Ph.D. as its Head of Thermal Hydraulics and Space Program. Dr. Maidana will lead the design of space nuclear systems for NANO Nuclear Space, a newly formed subsidiary exploring commercial applications of advanced nuclear technology in space. This appointment follows NANO Nuclear's acquisition of Dr. Maidana's annular linear induction pump (ALIP) intellectual property in June 2024.

Dr. Maidana, a distinguished physicist with over 22 years of experience, will focus on developing compact, scalable nuclear systems for space missions. He will also assist in optimizing NANO Nuclear's 'ODIN' microreactor design. The company aims to enable long-duration space missions, reduce travel times, and provide reliable power solutions for space operations.

NANO Nuclear Energy Inc. (NASDAQ: NNE) announced its participation in the ArcStone-Kingswood Growth Summit 2024 on September 26th, 2024, in Toronto, Canada. Senior executives will join a panel discussion titled 'Traditional Energy & Energy Transition', moderated by Jack Bensimon of ArcStone Securities and Investments Corp.

The summit will feature over 30 companies and attract more than 400 investors and industry professionals. It aims to bridge Canadian and U.S. capital markets, offering corporate presentations, panel discussions, and networking opportunities.

Jay Yu, Founder and Chairman of NANO Nuclear, expressed enthusiasm about discussing advanced nuclear solutions for reshaping Canada's energy landscape. James Walker, CEO and Head of Reactor Development, emphasized the importance of such events for collaboration on industry challenges and future planning.

NANO Nuclear Energy Inc. (NASDAQ: NNE) has been awarded a U.S. Department of Energy's Gateway for Accelerated Innovation in Nuclear (GAIN) Nuclear Energy voucher. This award supports the independent assessment of NANO Nuclear's novel heat exchanger concept for its 'ZEUS' microreactor, in collaboration with the Idaho National Laboratory (INL).

The heat exchanger is a key component of the patent-pending 'ZEUS' microreactor, designed to fit within a 45-foot high-cube container and generate 1 to 2 MW of electricity without fluid coolant. The collaboration with INL will involve developing a computational model to analyze and verify critical attributes of the heat exchanger.

This GAIN voucher provides NANO Nuclear access to DOE's national laboratory expertise, helping to advance their innovative technology towards commercialization. The company views this as a significant step in refining and progressing their microreactor design for future deployment.

NANO Nuclear Energy Inc. (NASDAQ: NNE) has launched a new subsidiary, NANO Nuclear Space Inc. (NNS), to explore commercial applications of its micronuclear reactor technology in space. NNS will focus on optimizing the 'ZEUS' solid core battery reactor and 'ODIN' low-pressure coolant reactor for cis-lunar applications, including power systems for extraterrestrial projects and human-sustaining environments.

The company will leverage innovative technologies like the Annular Linear Induction Pump (ALIP) to address challenges in high-efficiency thermal fluid management. NNS aims to capitalize on opportunities in the growing private commercial and government-sponsored space industry, from satellite services to in-orbit manufacturing and lunar resource extraction.

NANO Nuclear Energy Inc. (NASDAQ: NNE) has strengthened its Nuclear Technology and Engineering Team with the addition of two prominent engineers: Major Daniel Lamb, MPhil, and Rui Guo, Ph.D. These new hires will focus on developing the company's 'ODIN' microreactor, a portable, clean energy solution.

Major Lamb, a nuclear engineer and U.S. Air Force Reserve Major, brings expertise in nuclear safeguards and counter-proliferation. Dr. Guo specializes in nuclear materials in the waste and fuel cycle area. Both will contribute to ensuring safety, security, and regulatory compliance for NANO Nuclear's microreactor designs.

The company aims to leverage their expertise to advance the development of 'ODIN', collect necessary data, and refine its operations as they move towards physical test work and potential future licensing efforts.

NANO Nuclear Energy Inc. (NASDAQ: NNE) has announced that Tom Cuce, President of its subsidiary Advanced Fuel Transportation Inc. (AFT), commented on the company's recent design agreement with GNS Gesellschaft für Nuklear-Service mbH. The agreement aims to develop a versatile transportation system for High-Assay Low-Enriched Uranium (HALEU) fuels. Mr. Cuce, former President of Global Transportation at UPS, expressed confidence in leveraging GNS's expertise to equip the US with modern HALEU transportation capabilities.

NANO Nuclear is working towards becoming a vertically integrated player in the nuclear energy sector, focusing on portable microreactor designs, nuclear fuel production, and HALEU transportation solutions. The company believes that diversifying its exclusively licensed patented transportation solution to meet multiple fuel type requirements would be a significant industry advancement.