It's time to spotlight nanuclear energy. Joining us now, Jayu, the executive chairman and president at Nanuclear. Jay, it's so great to have you with us this morning.Thank you for joining us. So, let's talk about Nanuclear. A lot to unpack here.Some exciting headlines that you have. Uh let's talk first about this UAE data center deal. Take us through this announcement and why it's so important for Nanuclear.>> Yeah, thanks for having me this morning. uh Nanuclear announced uhou with EHC investments which is ...

New York, New York--(Newsfile Corp. - February 24, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) with EHC Investment L.L.C (EHC), a diversified United Arab Emirates (UAE) investment holding company based in Abu Dhabi, to explore a joint venture aimed at deploying micro modular re ...

Nano Nuclear Energy Inc. is an early-stage microreactor technology company focused on advancing next-generation nuclear power solutions. With a lean team and a portfolio of proprietary reactor designs, the company seeks to address emerging demand for portable and decentralized nuclear energy. Its integrated approach, spanning reactor development and nuclear fuel fabrication, positions it to serve a broad range of institutional and industrial customers in the evolving nuclear sector.What market conditions ex ...

Core Viewpoint - NANO Nuclear Energy Inc. has appointed Sarah Lennon as its International Nuclear Policy Advisor, aiming to enhance its engagement in nuclear energy policy and regulatory frameworks to support the development of its clean energy projects [1][4][8]. Company Overview - NANO Nuclear Energy Inc. is a North American advanced technology-driven nuclear energy company focused on becoming a commercially diversified and vertically integrated entity across five business lines: microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space, and nuclear industry consulting services [8][9]. Appointment of Sarah Lennon - Sarah Lennon brings three decades of experience in national security and nuclear energy policy, having served in various senior roles within the U.S. Government, including the Department of Energy (DOE) and the National Nuclear Security Administration (NNSA) [2][5]. - Her previous roles include Senior Policy Advisor for Strategic Planning at NNSA and Director for Bilateral and Multilateral Cooperation at DOE's Office of Nuclear Energy, where she advanced U.S. engagement on global nuclear energy and nonproliferation issues [3][5]. Strategic Importance - The appointment of Sarah Lennon is seen as a significant asset for NANO Nuclear as it seeks to engage with international stakeholders and advance its lead project, the KRONOS MMR™ modular microreactor energy system [4][8]. - The company emphasizes that her insights and leadership will strengthen its policy strategy and support the responsible development of its proprietary technologies [4][8]. Future Developments - NANO Nuclear is developing several advanced nuclear reactor products, including the KRONOS MMR™ Energy System, ZEUS™, and the portable LOKI MMR™, which are designed to provide clean energy solutions [9]. - The company is also working on establishing a domestic source for High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication through its subsidiary HALEU Energy Fuel Inc. (HEF) [11].

Financial Data and Key Metrics Changes - The company's cash and cash equivalents increased significantly to $577.5 million, a rise of approximately $374 million during the quarter, driven by net proceeds from a private placement [28] - The Q1 loss from operations was $11.6 million, with a year-over-year increase in operating expenses of about $8 million [28] - The net loss totaled $6.5 million, up approximately $3 million from the prior year, with interest income of about $5 million contributing to a lower net loss compared to operational losses [29] Business Line Data and Key Metrics Changes - The KRONOS MMR project is advancing towards licensing and construction, with site characterization and drilling completed at the University of Illinois [5][15] - A feasibility study agreement was signed with BaRupOn to evaluate the deployment of KRONOS MMR systems for up to 1 GW of power for their AI data center [7][17] - The company is expanding its pipeline of potential customers across data center, industrial, and military applications, reflecting growing interest in KRONOS [8][18] Market Data and Key Metrics Changes - The State of Illinois announced $6.8 million in incentive awards for the company, indicating growing support for advanced nuclear technology [7] - The company is exploring localization and manufacturing opportunities in South Korea through a partnership with DS Dansuk, a leading industrial enterprise [8][20] Company Strategy and Development Direction - The company focuses on vertical integration across the nuclear fuel supply chain to expedite reactor deployment and enhance long-term economics [4][5] - The strategic affiliate, LIS Technologies, is investing $1.38 billion to build a commercial enrichment facility in Tennessee, reinforcing the company's commitment to securing its nuclear fuel supply chain [9] - The company aims to submit a construction permit application to the NRC in the coming months, targeting initial construction at the University of Illinois by mid- to late 2027 [14][15] Management's Comments on Operating Environment and Future Outlook - Management believes that the demand for reliable baseload energy is increasing, driven by trends such as AI data centers and industrial reshoring [10][11] - The company views 2026 as a pivotal year with multiple potential catalysts for shareholder value creation, including regulatory licensing progress and commercial announcements [13][14] - Management emphasizes the importance of reliable, clean baseload energy as a strategic necessity, aligning the KRONOS MMR with national priorities and customer needs [12][13] Other Important Information - The company raised $400 million through a private placement, strengthening its balance sheet and extending its operational runway [9] - The company was added to the Morgan Stanley National Security Index, enhancing visibility among institutional investors [10] Q&A Session Summary Question: What milestones should be expected from the strategic alliance with DS Dansuk? - Management indicated that the partnership aims to address power bottlenecks in South Korea, with plans for local manufacturing facilities and increased engagement with government and industrial partners [33][34] Question: Will there be a strong EPC partnership in North America? - Management acknowledged the importance of EPC partnerships for mass manufacturing and deployment, with ongoing discussions with Ameresco and other contractors [37][38] Question: Is the construction permit submission on track for the first half of the year? - Management confirmed that the construction permit application is on track for submission in the first half of the year, emphasizing its significance in differentiating the company from competitors [40][42] Question: Can you elaborate on potential pathways to accelerate the 2030 timeline for the UIC project? - Management noted that government pressure on the NRC could expedite licensing timelines, but they prefer to maintain conservative estimates for project completion [46][47] Question: What options are being considered for the LOKI MMR reactor design? - Management explained that the LOKI reactor is being positioned for space power applications, with interest from organizations like NASA and Blue Origin, and they are seeking partnerships in the space industry [52][54] Question: What are the most challenging parts of the supply chain that need to be addressed? - Management highlighted nuclear-grade graphite and fuel supply as critical components with longer lead times, emphasizing the need for early engagement with suppliers [62][66]

Financial Data and Key Metrics Changes - The company's cash and cash equivalents increased significantly to $577.5 million, a rise of approximately $374 million during the quarter, driven by net proceeds from a private placement [28] - Q1 loss from operations was $11.6 million, with a year-over-year increase in operating expenses of about $8 million [28] - The net loss totaled $6.5 million, up approximately $3 million from the prior year, with interest income of about $5 million contributing to a lower net loss compared to operational losses [29] Business Line Data and Key Metrics Changes - The KRONOS MMR project continues to advance towards licensing and construction, with site characterization and drilling completed at the University of Illinois [5][6] - A feasibility study agreement was signed with BaRupOn to evaluate the deployment of KRONOS MMR systems for up to 1 GW of power [7][17] - The company is expanding its pipeline of potential customers across data center, industrial, and military applications, reflecting growing interest in KRONOS [8][18] Market Data and Key Metrics Changes - The State of Illinois announced $6.8 million in incentive awards for the company, indicating growing support for advanced nuclear technology [7] - The company is advancing discussions with numerous supply chain partners for key components and long lead items, as well as commercial enrichment providers [7][9] Company Strategy and Development Direction - The company focuses on vertical integration across the nuclear fuel supply chain to expedite reactor deployment and enhance long-term economics [4][5] - The strategic affiliate, LIS Technologies, is investing $1.38 billion to build a commercial enrichment facility in Tennessee, reinforcing the company's commitment to securing its nuclear fuel supply chain [9][26] - The company aims to submit a construction permit application to the NRC in the coming months, targeting initial construction at the University of Illinois by mid- to late 2027 [14][15] Management's Comments on Operating Environment and Future Outlook - Management believes that the demand for reliable baseload energy is growing, particularly for AI data centers and industrial applications, which will drive the need for solutions like KRONOS [10][11] - The company views 2026 as a pivotal year with multiple potential catalysts for shareholder value creation, including regulatory licensing progress and commercial announcements [13][14] - Management emphasizes the importance of addressing power availability and grid expansion challenges, positioning KRONOS as a solution to meet expected demand growth [12][13] Other Important Information - The company raised $400 million through a private placement, significantly strengthening its balance sheet and extending its operational runway [9] - The company was added to the Morgan Stanley National Security Index, enhancing visibility among institutional investors [10] Q&A Session Summary Question: What milestones should be expected from the strategic alliance with DS Dansuk? - Management indicated that the partnership aims to address power bottlenecks in South Korea, with plans for a centralized manufacturing facility and further engagement with local stakeholders [33][34] Question: Will there be a strong EPCM partnership in North America? - Management confirmed the importance of EPCM partnerships for coordinating local construction crews and deploying reactors effectively [37][38] Question: Is the construction permit application on track for the first half of the year? - Management affirmed that the application is on track and emphasized the significance of this milestone for the company's credibility in the market [40][42] Question: Can you elaborate on the potential pathways to expedite the 2030 timeline for the UIC project? - Management noted that government pressure on the NRC could expedite licensing timelines, but they prefer to maintain conservative estimates [46][49] Question: What options are being considered for the LOKI MMR reactor design? - Management explained that LOKI is being positioned for space power applications and is seeking partnerships with companies experienced in the space industry [52][54] Question: What are the most challenging parts of the supply chain that need to be addressed? - Management highlighted the need for nuclear-grade graphite and fuel supply as critical long lead items that require early engagement [62][66]

Financial Data and Key Metrics Changes - The company's cash and cash equivalents increased significantly to $577.5 million, a rise of approximately $374 million during the quarter, driven by net proceeds from a private placement [25][26] - Q1 loss from operations was $11.6 million, with a year-over-year increase in operating expenses of about $8 million [26] - The net loss totaled $6.5 million, up approximately $3 million from the prior year, with interest income of around $5 million contributing to a lower net loss compared to operational losses [27] Business Line Data and Key Metrics Changes - The KRONOS MMR project continues to advance towards licensing and construction, with site characterization and drilling completed at the University of Illinois [5][14] - A formal MOU was signed with the University of Illinois, detailing next steps for the KRONOS project [6][14] - The company signed a feasibility study agreement with BaRupOn to evaluate the deployment of KRONOS MMR systems for their AI data center, highlighting scalability potential [6][16] Market Data and Key Metrics Changes - The State of Illinois announced $6.8 million in incentive awards for advanced nuclear technology, indicating growing support for the sector [6] - The company is expanding its pipeline of potential customers across data centers, industrial, and military applications, reflecting increasing interest in KRONOS [7][17] Company Strategy and Development Direction - The company focuses on vertical integration across the nuclear fuel supply chain to expedite reactor deployment and enhance long-term economics [4][5] - The strategic affiliate, LIS Technologies, is investing $1.38 billion to build a commercial enrichment facility, reinforcing the company's commitment to securing its nuclear fuel supply chain [8][23] - The company aims to submit a construction permit application to the NRC in the coming months, targeting initial construction at the University of Illinois by mid- to late 2027 [12][14] Management's Comments on Operating Environment and Future Outlook - Management believes that the demand for reliable baseload energy will drive a global nuclear renaissance, supported by trends in AI data centers and energy sustainability [9][10] - The company views 2026 as a pivotal year with multiple potential catalysts for shareholder value creation, including regulatory licensing progress and commercial announcements [12][13] - Management emphasizes the importance of addressing supply chain challenges, particularly regarding nuclear-grade graphite and fuel supply, to ensure timely reactor deployment [60][62] Other Important Information - The company raised $400 million through a private placement, strengthening its balance sheet and operational runway [8] - NANO Nuclear was added to the Morgan Stanley National Security Index, enhancing visibility among institutional investors [9] Q&A Session Summary Question: What milestones should be expected from the strategic alliance with DS Dansuk? - The company is working on establishing a manufacturing facility in Korea and plans to advance the MOU into critical planning stages, with potential contracts for power agreements in the future [31][35] Question: Will there be a strong EPC partnership in North America? - The company is focusing on mass manufacturing and local construction coordination, with partnerships being explored with Ameresco and others for deployment [36][38] Question: Is the construction permit application on track for the first half of the year? - The application is on track, and the company plans to announce its submission, which is a significant differentiator in the market [39][40] Question: Can you elaborate on pathways to accelerate the 2030 timeline for the UIC project? - The company is considering government pressures to expedite licensing timelines and is focused on mass manufacturing capabilities to meet future demand [45][48] Question: What are the challenges in the supply chain that need to be addressed? - The company identifies nuclear-grade graphite and fuel supply as critical long lead items that require early engagement to mitigate risks [60][62] Question: What is the status of discussions regarding fuel supply and strategic opportunities? - The company is actively pursuing partnerships and acquisitions to secure fuel supply, with significant progress expected in the near future [70]

NANO Nuclear Q1 2026 Financial Results & Business Update Call February 17 t h 2026 © 2026 NANO Nuclear Energy, Inc. All rights reserved. Cautionary Note Regarding Forward -Looking Statements This presentation and statements of NANO Nuclear's management in connection with this presentation 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-l ...

Here's a look at the details in the report. NNE stock is moving. Watch the price action here.The Details: Nano Nuclear reported quarterly losses of 13 cents per share which beat the consensus estimate for losses of 29 cents per share. The company expects estimated cash expenditures of approximately $65 million over the next 12 months. NNE Stock Price: According to data from Benzinga Pro, Nano Nuclear stock rose 1.03% to $25.49 in Tuesday's extended trading.  How To Buy NNE StockBesides going to a brokerage ...

Core Viewpoint - NANO Nuclear Energy Inc. reported significant progress in its first fiscal quarter of 2026, focusing on the advancement of its KRONOS micro modular reactor system and strengthening its financial position to support future growth [2][3][12]. Financial Performance - As of December 31, 2025, NANO Nuclear had cash and cash equivalents of $577.5 million, a substantial increase from $203.3 million on September 30, 2025, due to a private placement that raised approximately $379 million [4]. - The company used $4.0 million in operating activities during the quarter, reflecting increased operations and R&D expenses [5]. - Investing activities accounted for $3.1 million, primarily for the new engineering facility in Oak Brook, Illinois [6]. - Financing activities provided $381.3 million in net cash during the quarter [7]. Business Developments - NANO Nuclear is advancing its KRONOS MMR system towards formal licensing and construction in the U.S. and Canada, with ongoing discussions with potential commercial customers and strategic partners [10][11]. - The company has made progress in securing its nuclear fuel supply chain, which is a key differentiator from competitors [10]. - A memorandum of understanding (MOU) was signed with the University of Illinois for the design and operation of a prototype KRONOS MMR system on campus [11]. Strategic Initiatives - The company is expanding its vertical integration efforts within the nuclear fuel supply chain, addressing key bottlenecks [10]. - NANO Nuclear has a growing pipeline of commercial opportunities, particularly in AI data centers and industrial applications, driven by the KRONOS MMR system's value proposition [12]. - The company is well-capitalized to execute its strategy, with strong support from institutional investors [12]. Future Outlook - 2026 is anticipated to be a pivotal year for NANO Nuclear, with several potential milestones and catalysts expected to enhance shareholder value [3][12]. - The company plans to submit a construction permit application to the NRC in the coming months, aiming to initiate the licensing process for its full-scale prototype [19].