(Updated) 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, 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) ha annunciato l'aggiunta del Professore Andrew W. Woods, Ph.D. e di Alejandra de Lara, BSc, MPhil al suo Team di Tecnologia e Ingegneria Nucleare. Questa espansione mira a rafforzare lo sviluppo del microreattore 'ODIN' dell'azienda.
Il Dr. Woods, Fellow della Royal Society e Professore all'Università di Cambridge, è specializzato nei processi di flusso di fluidi complessi e trasferimento di calore. Alejandra de Lara, che ha recentemente presentato la sua tesi di dottorato per la valutazione, ha concentrato la sua ricerca sui reattori a sali fusi e sui loro vantaggi rispetto ai reattori ad acqua leggera.
Si prevede che queste aggiunte contribuiscano in modo significativo alla prossima fase dello sviluppo di 'ODIN', assicurando che la tecnologia soddisfi i requisiti normativi e progredisca verso la commercializzazione. L'azienda mira a sviluppare una soluzione portatile, sicura e affidabile per affrontare le crescenti esigenze energetiche globali.
NANO Nuclear Energy Inc. (NASDAQ: NNE) ha anunciado la incorporación del Profesor Andrew W. Woods, Ph.D. y Alejandra de Lara, BSc, MPhil a su equipo de Tecnología e Ingeniería Nuclear. Esta expansión tiene como objetivo fortalecer el desarrollo del microreactor 'ODIN' de la compañía.
El Dr. Woods, miembro de la Royal Society y profesor en la Universidad de Cambridge, se especializa en procesos de flujo de fluidos complejos y transferencia de calor. Alejandra de Lara, quien recientemente presentó su doctorado para revisión, se centró en los reactores refrigerados por sal fundida y sus beneficios en comparación con los reactores de agua ligera.
Se espera que estas adiciones contribuyan significativamente a la próxima fase del desarrollo de 'ODIN', asegurando que la tecnología cumpla con los requisitos regulatorios y avance hacia la comercialización. La empresa busca desarrollar una solución portátil, segura y fiable para abordar las crecientes necesidades energéticas globales.
NANO Nuclear Energy Inc. (NASDAQ: NNE)는 Andrew W. Woods 교수, Ph.D.와 Alejandra de Lara, BSc, MPhil를 원자력 기술 및 엔지니어링 팀에 추가했다고 발표했습니다. 이러한 확장은 회사의 'ODIN' 마이크로 원자로 개발을 강화하는 것을 목표로 하고 있습니다.
Woods 박사는 왕립 학회 회원이자 캠브리지 대학교의 교수로서 복잡한 유체 흐름 및 열전달 프로세스에 전문성을 가지고 있습니다. Alejandra de Lara는 최근 박사학위를 제출했으며, 용융염 냉각 원자로와 이를 통해 물이 재료보다 더 유리한 점에 대해 집중했습니다.
이러한 추가 인원은 'ODIN' 개발의 다음 단계에 중요한 기여를 할 것으로 예상되며, 기술이 규제 요구 사항을 충족하고 상용화를 향해 나아가도록 할 것입니다. 이 회사는 증가하는 글로벌 에너지 요구를 해결하기 위해 휴대 가능하고 안전하며 신뢰할 수 있는 솔루션을 개발할 계획입니다.
NANO Nuclear Energy Inc. (NASDAQ: NNE) a annoncé l'ajout de Professeur Andrew W. Woods, Ph.D. et Alejandra de Lara, BSc, MPhil à son équipe de Technologie et d'Ingénierie Nucléaire. Cette expansion vise à renforcer le développement du micro-réacteur 'ODIN' de l'entreprise.
Le Dr Woods, membre de la Royal Society et professeur à l'Université de Cambridge, est spécialisé dans les flux de fluides complexes et les processus de transfert thermique. Alejandra de Lara, qui a récemment soumis son doctorat pour évaluation, s'est concentrée sur les réacteurs refroidis par sels fondus et leurs avantages par rapport aux réacteurs à eau légère.
Ces ajouts devraient contribuer de manière significative à la prochaine phase du développement d''ODIN'', garantissant que la technologie respecte les exigences réglementaires et progresse vers la commercialisation. L'entreprise vise à développer une solution portable, sécurisée et fiable pour répondre aux besoins énergétiques mondiaux croissants.
NANO Nuclear Energy Inc. (NASDAQ: NNE) hat die Hinzufügung von Professor Andrew W. Woods, Ph.D. und Alejandra de Lara, BSc, MPhil zu seinem Team für Nukleartechnologie und -engineering bekannt gegeben. Diese Erweiterung zielt darauf ab, die Entwicklung des Microreaktors 'ODIN' des Unternehmens zu stärken.
Dr. Woods, Fellow der Royal Society und Professor an der Universität Cambridge, spezialisiert sich auf komplexe Fluidströmungen und Wärmeübertragungsprozesse. Alejandra de Lara, die kürzlich ihre Doktorarbeit zur Prüfung eingereicht hat, konzentrierte sich auf durch geschmolzene Salze gekühlte Reaktoren und deren Vorteile im Vergleich zu Leichtwasserreaktoren.
Diese Ergänzungen sollen wesentlich zur nächsten Phase der Entwicklung von 'ODIN' beitragen, sicherstellen, dass die Technologie den regulatorischen Anforderungen entspricht und auf die Kommerzialisierung hinarbeitet. Das Unternehmen strebt an, eine tragbare, sichere und zuverlässige Lösung zur Bewältigung der wachsenden globalen Energiebedürfnisse zu entwickeln.
- Addition of experienced researchers to the Nuclear Technology and Engineering Team
- Strengthening of expertise in fluid flow, heat transfer, and molten salt-cooled reactors
- Progress towards meeting regulatory requirements for the 'ODIN' microreactor
- Advancement in the development of portable, clean energy solutions
- None.
New York, N.Y., Oct. 08, 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, BSc, MPhil have 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 Alejandra,” 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 Alejandra 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 Alejandra 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, BSc, MPhil (right).
Alejandra de Lara has submitted her Ph.D. for examination at the University of Cambridge. Her Ph.D. project was sponsored by Framatome and focused on adapting fuel behavior prediction codes to molten salt-cooled reactors and analyzing their benefits compared to Light Water Reactors.
Her research demonstrated several fuel design features that would improve the performance of salt-cooled reactors. High-temperature operation of such reactors 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 Alejandra,” 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, Alejandra 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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