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. (NNE) drives innovation in portable nuclear energy through its advanced microreactor designs and integrated fuel solutions. This page serves as the definitive source for official updates across all business operations, from reactor development milestones to strategic partnerships.
Investors and industry professionals will find curated news about reactor technology advancements, regulatory achievements, and corporate developments. Our collection includes updates on the ZEUS solid-core reactor and ODIN low-pressure coolant system, along with fuel supply chain innovations and nuclear consultation service expansions.
Bookmark this page to track NNE's progress in creating safer, smaller nuclear energy systems while staying informed about critical industry engagements. All content is verified through primary sources to ensure accuracy in this rapidly evolving sector.
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.
NANO Nuclear Energy (NASDAQ: NNE) has rebranded its recently acquired Micro Modular Reactor (MMR®) Energy System as KRONOS MMR™. The system is a stationary small modular nuclear reactor designed to deliver carbon-free electricity and process heat, operating at power levels up to 45 MWt (15 MWe) with a compact footprint under 5 acres.
KRONOS MMR™ joins NANO Nuclear's existing portfolio of proprietary microreactor technologies, including 'ZEUS', 'ODIN', and the Pylon reactor. The system can utilize both low-enriched uranium (LEU) or high-assay low-enriched uranium (HALEU) and is specifically designed to serve high-energy demand markets such as data centers, AI facilities, and manufacturing operations.
The technology was previously developed at Canadian Nuclear Laboratories in collaboration with Ontario Power Generation and the University of Illinois. It holds the distinction of being the first small modular reactor to enter formal licensing review with the Canadian Nuclear Safety Commission. Pending Canadian governmental approvals, further demonstrations are planned at Chalk River Laboratories as part of the Global First Power initiative.
NANO Nuclear Energy (NASDAQ: NNE) announced the acquisition of patented Micro Modular Reactor (MMR®) and Pylon Transportable Reactor technologies from Ultra Safe Nuclear (USNC) for $8.5 million.
This acquisition enhances NANO Nuclear's patent portfolio with 38 issued and pending patents, including U.S. and Canadian patents, and brings key collaborations, such as the University of Illinois at Urbana-Champaign demonstration project.
The MMR® system is designed for stationary installations producing up to 45 MWth, while the Pylon reactor is portable, offering 1-5 MWth for various applications, including remote, marine, and space deployments. NANO Nuclear aims to demonstrate these technologies at Idaho National Laboratory's DOME facility by 2027.
The acquisition also includes contracts and potential future technology licenses in the UK, pending approvals. This move positions NANO Nuclear as a leader in advanced nuclear reactor technology, targeting high-energy-demand markets like data centers and industrial applications.
NANO Nuclear Energy Inc. (NASDAQ: NNE) has announced its senior executives will present at the 27th Annual Needham Growth Conference on January 15, 2025, at the Lotte NY Palace Hotel. The conference, scheduled for January 14-15, 2025, will feature company presentations, fireside chats, thematic panels, and one-on-one meetings with qualified institutional, private equity, and venture capital investors.
Jay Yu, Founder and Chairman of NANO Nuclear Energy, expressed excitement about updating institutional investors on recent milestones that will drive the company in 2025. James Walker, CEO and Head of Reactor Development, highlighted the event as an excellent opportunity to connect with investors and discuss growth plans while gaining market insights.
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