NANO Nuclear Energy Granted U.S. Department of Energy's GAIN Voucher Award in Collaboration with Idaho National Laboratory to Support the Novel ‘ZEUS' Microreactor Heat Exchanger Design

Core Viewpoint - NANO Nuclear Energy Inc. has been awarded the U.S. Department of Energy's GAIN Nuclear Energy voucher to support the independent assessment of its innovative heat exchanger concept for the 'ZEUS' microreactor, which is currently under development [1][3][5] Company Overview - NANO Nuclear Energy Inc. is focused on developing portable, clean energy solutions and aims to become a commercially focused, diversified, and vertically integrated company across four business lines: portable microreactor technology, nuclear fuel fabrication, nuclear fuel transportation, and nuclear industry consulting services [8] - The company is publicly listed in the U.S. and is considered the first portable nuclear microreactor company to achieve this status [8] Technology Development - The 'ZEUS' microreactor is designed to fit within a 45-foot high-cube container and is capable of generating 1 to 2 MW of electricity without the use of fluid coolant [3][4] - The heat exchanger is a critical component of the 'ZEUS' microreactor, utilizing an open-air Brayton cycle to dissipate heat from the reactor vessel [4] - The collaboration with Idaho National Laboratory (INL) will involve developing a computational model to analyze and verify the heat exchanger's performance [4][7] Strategic Partnerships - The GAIN program, launched by the U.S. Department of Energy in 2016, aims to provide technical, regulatory, and financial support to advance innovative nuclear technologies toward commercialization [5] - NANO Nuclear has a history of collaboration with INL, which previously conducted a pre-conceptual review of the company's 'ODIN' microreactor design [5][6] Funding and Support - The GAIN NE voucher does not provide direct financial awards but funds DOE laboratories to help businesses like NANO Nuclear overcome technological and commercialization challenges [6] - This access to extensive nuclear research expertise is crucial for NANO Nuclear's development efforts [6]