Core Viewpoint - Aegis Critical Energy Defence Corp. has signed a Memorandum of Understanding with Malahat Energy Systems Inc. and Ontario Tech University to collaborate on hybrid nuclear energy architectures, integrating Small Modular Reactors (SMRs) and Micro Modular Reactors (MMRs) with advanced battery energy storage systems [1][2] Collaboration Scope - The collaboration will focus on various applications, including marine and port infrastructure, where hybrid nuclear energy systems can address challenges such as peak loads and extreme weather [5] - In the defence sector, the hybrid nuclear energy approach is relevant for energy independence and performance in remote conditions, with potential applications in military installations and Arctic operations [6] Technical Aspects - The collaboration will involve modeling SMR/MMR electrical characteristics, designing hybrid configurations, and developing cyber-secure energy management systems [7] - A joint technical coordination group has been established to advance initial work plans and milestones [12] Market Relevance - SMRs and MMRs are becoming important as scalable sources of reliable, low-carbon baseload power, with a growing global market driven by demand for clean energy and energy security [3] - Hybrid nuclear energy systems offer a pathway to merge consistent nuclear output with agile battery systems, enhancing Aegis's growth in defence, infrastructure, and industrial segments [4] Intellectual Property and Funding - The MOU does not impose financial obligations on any party, and grant applications are underway to support research and potential patent-generating activities [9] - Foreground intellectual property from the collaboration will belong to Aegis, while background intellectual property will remain with the respective owners [10][11]