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NANO Nuclear Signs CRADA with Idaho National Laboratory to Support Its Advanced Nuclear Reactor Development
Newsfile· 2025-09-04 11:00
Core Viewpoint - NANO Nuclear Energy Inc. has signed a Cooperative Research and Development Agreement (CRADA) with Idaho National Laboratory (INL) to advance its nuclear reactor development, particularly focusing on its KRONOS MMR™ and LOKI MMR™ systems [1][2][5]. Group 1: Agreement Details - The ten-year CRADA aims to support NANO Nuclear in building, testing, and commercializing its advanced nuclear microreactors [2]. - The agreement allows NANO Nuclear to utilize INL's expertise and facilities to enhance reactor design, materials qualification, regulatory licensing, and deployment processes [2][4]. Group 2: Strategic Importance - This collaboration is seen as a significant step towards achieving commercial readiness for NANO Nuclear's technologies, which are designed to meet the increasing demand for clean and modular energy solutions across various sectors [6][7]. - NANO Nuclear's microreactor technologies are targeted for applications in defense, government, space, AI data centers, and commercial sectors [6]. Group 3: Company Overview - NANO Nuclear Energy Inc. is focused on becoming a diversified and vertically integrated company in the nuclear energy sector, with business lines including microreactor technologies, nuclear fuel fabrication, and consulting services [9]. - The company is recognized as the first portable nuclear microreactor company publicly listed in the U.S. [9]. Group 4: Future Developments - NANO Nuclear's lead project, the KRONOS MMR™, is a stationary high-temperature gas-cooled reactor currently in the pre-application phase with the U.S. Nuclear Regulatory Commission [10]. - The company is also exploring commercial applications of its microreactor technology in space through its subsidiary, NANO Nuclear Space Inc. [14].
NANO Nuclear Files Six New Patent Applications Related to its Proprietary ZEUS™ Microreactor
GlobeNewswire News Room· 2025-05-30 12:30
Core Viewpoint - NANO Nuclear Energy Inc. has filed six new utility patent applications for its ZEUS™ microreactor, emphasizing its commitment to enhancing its intellectual property portfolio and advancing the nuclear reactor industry [1][5]. Company Overview - NANO Nuclear Energy Inc. is a publicly listed advanced technology-driven nuclear energy company in the U.S., focusing on five business lines: portable microreactor technologies, nuclear fuel fabrication, transportation, applications for space, and consulting services [6]. Product Development - The ZEUS™ microreactor is designed as a solid-core battery reactor with a fully sealed core, utilizing a highly conductive moderator matrix to dissipate fission heat, which minimizes risks associated with coolant accidents [2][4]. - The design allows the reactor and support systems to fit within a standard shipping container, enhancing transportability to areas without conventional energy infrastructure [4]. Strategic Goals - The patent applications aim to protect key processes and components of the ZEUS™ microreactor, which will benefit both the company's program and the broader advanced nuclear reactor industry [5]. - The company is working towards commercializing next-generation microreactors, with a focus on transitioning from development to market readiness [5]. Subsidiaries and Future Plans - Advanced Fuel Transportation Inc. (AFT), a subsidiary, aims to build a North American transportation company for HALEU fuel, targeting small modular reactors and national laboratories [8]. - HALEU Energy Fuel Inc. (HEF) is focused on developing a domestic source for HALEU fuel fabrication for NANO Nuclear's microreactors and the advanced nuclear industry [9]. - NANO Nuclear Space Inc. (NNS) is exploring commercial applications of micronuclear reactor technology in space, including power systems for extraterrestrial projects [10].