Workflow
LOKI MMR™
icon
Search documents
NANO Nuclear Signs Memorandum of Understanding with Ameresco to Explore the Deployment of Advanced Microreactor Technologies on Federal and Commercial Sites
Globenewswire· 2026-01-12 13:30
Core Viewpoint - NANO Nuclear Energy Inc. has signed a Memorandum of Understanding (MOU) with Ameresco, Inc. to explore the integration of advanced modular microreactors with Ameresco's engineering, procurement, and construction capabilities for deployment on federal and commercial sites [1][2][3] Company Overview - NANO Nuclear Energy Inc. is focused on developing clean energy solutions through advanced nuclear micro modular reactors (MMRs) and aims to become a diversified and vertically integrated company across multiple business lines, including portable microreactor technologies and nuclear fuel fabrication [10][11] - Ameresco, Inc. is a leading energy infrastructure solutions provider dedicated to helping customers reduce costs and decarbonize to net zero, with a comprehensive portfolio that includes energy efficiency solutions and distributed energy resources [9] Collaboration Details - The MOU outlines a collaboration to evaluate the siting, development, construction, licensing, operation, and decommissioning of NANO Nuclear's microreactors, including KRONOS MMR™, ZEUS™, and LOKI MMR™ [2][3] - Ameresco will lead EPC activities for sites using NANO Nuclear's systems in the U.S., and both companies will coordinate on government funding and available incentives as the initial assessment progresses [3][4] Strategic Importance - The collaboration is seen as a significant step in addressing the evolving energy needs of the U.S. by providing reliable, modular nuclear solutions [3] - NANO Nuclear's technologies are expected to meet the growing power demands of energy-intensive applications such as AI and data centers [8] Environmental Goals - Ameresco aims to help customers reduce their carbon footprints by a cumulative 500 million metric tons by 2050, evaluating the integration of NANO Nuclear's technology with its existing systems [5]
NANO Nuclear Energy Extends Relationship with the University of Illinois Urbana-Champaign to Construct and Operate the First KRONOS MMR Energy System on U.S. University Land
TMX Newsfile· 2025-12-31 12:59
New York, New York--(Newsfile Corp. - December 31, 2025) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, announced today that it has signed a Memorandum of Understanding (MOU) with the Board of Trustees of the University of Illinois on behalf of the University of Illinois Urbana-Champaign (U. of I.) to collaborate on the development, construction, and operation o ...
NANO Nuclear Energy’s Strategic Laser Uranium Enrichment Partner LIS Technologies Receives Key Radioactive Material License from the State of Tennessee for its State-of-the-Art Test Demonstration Facility at the Historic Oak Ridge K-25 Site
Globenewswire· 2025-12-23 13:30
Core Insights - NANO Nuclear Energy Inc. congratulates its partner LIS Technologies for receiving a Radioactive Material License from the State of Tennessee, allowing LIS to procure uranium hexafluoride (UF₆) feedstock and advance its patented laser uranium enrichment technology [1][2][4] Group 1: Company Developments - LIS Technologies is the only U.S.-origin developer of patented advanced laser technology for uranium enrichment, enabling it to handle various forms of uranium and support technology development for a commercial uranium laser enrichment facility [2][3] - NANO Nuclear and LIS Technologies have a collaboration agreement where NANO Nuclear will develop fuel cycle capabilities to integrate LIST's enriched UF₆ into a manufacturing process, supporting both NANO Nuclear's micro modular reactors and the broader nuclear energy industry [3][4] Group 2: Strategic Importance - The achievement of the Radioactive Material License is seen as a major milestone for the U.S. nuclear fuel supply chain, with NANO Nuclear emphasizing the importance of restoring domestic enrichment capacity for advanced reactors [4] - NANO Nuclear believes that LIST's laser enrichment technology could eventually produce commercial quantities of Low Enriched Uranium (LEU) and High-Assay Low Enriched Uranium (HALEU) fuel, contributing to U.S. domestic enrichment capabilities [4] Group 3: Financial and Regulatory Context - In late 2024, LIST was selected by the U.S. Department of Energy for a $3.4 billion contract aimed at expanding U.S. domestic commercial enrichment capabilities, with NANO Nuclear acting as a key subcontractor [4]
NANO Nuclear Energy's Strategic Laser Uranium Enrichment Partner LIS Technologies Receives Key Radioactive Material License from the State of Tennessee for Its State-of-the-Art Test Demonstration Facility at the Historic Oak Ridge K-25 Site
TMX Newsfile· 2025-12-23 13:29
Core Viewpoint - NANO Nuclear Energy Inc. celebrates its commercial partner LIS Technologies Inc. receiving a Radioactive Material License from the State of Tennessee, marking a significant milestone for the U.S. nuclear fuel supply chain and the development of advanced nuclear technologies [1][6]. Group 1: License and Technology Development - The Radioactive Material License allows LIST to procure uranium hexafluoride (UF₆) feedstock and advance research and development for a commercial uranium laser enrichment facility in the U.S. [2] - LIST is recognized as the only U.S.-origin developer of patented advanced laser technology for uranium enrichment, which is crucial for NANO Nuclear's fuel cycle capabilities [3]. Group 2: Collaboration and Strategic Importance - NANO Nuclear and LIST have a collaboration agreement where NANO Nuclear will develop fuel cycle capabilities to integrate LIST's enriched UF₆ into a manufacturing process, supporting both NANO Nuclear's micro modular reactors and the broader nuclear energy market [3]. - The partnership aims to restore secure domestic enrichment capacity and support the next generation of advanced reactors, reinforcing a vertically integrated U.S. nuclear fuel platform [6]. Group 3: Government Support and Future Prospects - In late 2024, LIST was awarded a contract by the U.S. Department of Energy as part of a $3.4 billion initiative to enhance U.S. domestic enrichment capabilities, with NANO Nuclear serving as a key subcontractor [6]. - NANO Nuclear believes that LIST's laser enrichment technology has the potential to produce commercial quantities of Low Enriched Uranium (LEU) and High-Assay Low Enriched Uranium (HALEU) fuel in the future [6].
NANO Nuclear Announces Date of Fiscal Year 2025 Business Update Webcast
Globenewswire· 2025-12-12 14:20
Core Viewpoint - NANO Nuclear Energy Inc. is set to host a Fiscal Year 2025 business update webcast on December 18, 2025, following the anticipated filing of its Annual Report for the fiscal year ending September 30, 2025 [1][2]. Company Overview - NANO Nuclear Energy Inc. is a North American advanced technology-driven nuclear energy company aiming to become a commercially focused, diversified, and vertically integrated entity across five business lines: portable microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space, and nuclear industry consulting services [4]. - The company claims to be the first publicly listed portable nuclear microreactor company in the U.S. [4]. Product Development - NANO Nuclear is developing several reactor products, including the KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor, and the portable solid core battery reactor "ZEUS," along with the space-focused portable LOKI MMR™ [5]. - These products represent advanced developments in clean energy solutions that are portable and on-demand capable [5]. Subsidiaries and Operations - Advanced Fuel Transportation Inc. (AFT), a subsidiary of NANO Nuclear, aims to build a North American transportation company to provide commercial quantities of High-Assay, Low-Enriched Uranium (HALEU) fuel to various sectors, including small modular reactors and military programs [6]. - HALEU Energy Fuel Inc. (HEF) is focused on developing a domestic source for HALEU fuel fabrication for NANO Nuclear's microreactors and the broader advanced nuclear reactor industry [7]. - NANO Nuclear Space Inc. (NNS) is exploring commercial applications of micronuclear reactor technology in space, focusing on systems like the LOKI MMR™ for extraterrestrial projects [8].
NANO Nuclear Completes Initial Full-System Testing of its Patent-Pending, Proprietary Annular Linear Induction Pump Technology, Validating Key Design Features Designed for Long-Term Operational Durability
Globenewswire· 2025-11-19 13:00
Core Insights - NANO Nuclear Energy Inc. has successfully completed the first full tests of its proprietary Annular Linear Induction Pump (ALIP) at fluid temperatures of up to 350°C, marking significant progress towards commercialization [1][6][9] Technology Development - The ALIP is designed for thermal management in advanced nuclear energy platforms, utilizing high boiling-point coolants like molten salts and liquid metals, and employs electromagnetic pumping mechanisms for enhanced reliability [2][5] - Testing was conducted in collaboration with aRoboticsCompany to validate new features aimed at maximizing the pump's lifespan in maintenance-free environments such as space and nuclear applications [5][6] Commercialization Progress - The successful testing phase validates the core design and durability of the ALIP, positioning the company to advance towards pre-commercialization activities [6][8] - NANO Nuclear plans to enhance the ALIP's reliability and efficiency while reducing production costs through precision manufacturing processes and electromagnetic quality control systems [7][9] Future Outlook - The company is preparing to move into the next phase of the ALIP commercialization program, aiming to position the technology as a zero-maintenance alternative to mechanical molten-metal pumps for both terrestrial and space applications [8][9] - NANO Nuclear's long-term roadmap includes the development of various advanced nuclear technologies, including the KRONOS MMR™ Energy System and the portable LOKI MMR™ for space applications [10][11][15]
NANO Nuclear Completes Initial Full-System Testing of its Patent-Pending, Proprietary Annular Linear Induction Pump Technology Validating Key Design Features Designed for Long-Term Operational Durability
Newsfile· 2025-11-19 12:59
Core Insights - NANO Nuclear Energy Inc. has successfully completed initial full-system testing of its proprietary Annular Linear Induction Pump (ALIP), validating key design features aimed at long-term operational durability [1][5] - The ALIP is designed for advanced small and micro modular reactor applications, utilizing high boiling-point, high thermal-conductivity coolants [2][7] - The testing was conducted in collaboration with aRoboticsCompany, focusing on enhancing the pump's lifespan in maintenance-free environments such as space and undersea applications [4][5] Technology Development - The ALIP functions as a thermal management and distribution system, employing electromagnetic pumping mechanisms to improve reliability and reduce maintenance needs [2][9] - Recent tests confirmed the effectiveness of design modifications aimed at increasing magnetic field strength and overall system performance [5][9] - A full stack of precision manufacturing processes and electromagnetic quality control systems were validated, ensuring consistent production of ALIPs [6] Commercialization Progress - NANO Nuclear is moving towards the next phase of its ALIP commercialization program, positioning the technology as a zero-maintenance alternative to mechanical pumps [7][9] - The company aims to enhance the reliability, lifespan, and efficiency of the ALIP while reducing production costs [6] - The successful testing outcomes are expected to guide future design decisions and strengthen the company's long-term development roadmap [9] Company Overview - NANO Nuclear Energy Inc. is focused on becoming a diversified and vertically integrated company across multiple business lines, including microreactor technologies and nuclear fuel fabrication [10][11] - The company is developing several advanced reactor products, including the KRONOS MMR™ Energy System and the portable LOKI MMR™, aimed at clean energy solutions [11] - NANO Nuclear's subsidiaries are working on various aspects of the nuclear energy supply chain, including fuel transportation and space applications [12][14]
NANO Nuclear Rebrands Its Canadian KRONOS MMR Business as True North Nuclear as It Seeks to Be the Leading North American Advanced Nuclear Microreactor Developer
Newsfile· 2025-10-28 11:58
Core Viewpoint - NANO Nuclear Energy Inc. has rebranded its Canadian KRONOS MMR business as True North Nuclear Inc. to position itself as a leading developer of advanced nuclear microreactors in North America [1][3]. Company Developments - The rebranding follows the acquisition of Global First Power Limited and aims to enhance NANO Nuclear's identity in the advanced microreactor sector [1][3]. - True North Nuclear will focus on constructing and seeking regulatory approval for the KRONOS MMR™ Energy System project in Canada [2][3]. - The company plans to submit a License to Prepare Site (LTPS) to the Canadian Nuclear Safety Commission, building on previous successful submissions [3][4]. Strategic Goals - NANO Nuclear aims to leverage Canada's supportive regulatory framework for nuclear microreactor development to advance its initiatives in both Canada and the U.S. [5]. - The company is also preparing to submit a construction permit application to the U.S. Nuclear Regulatory Commission for the KRONOS MMR™ project at the University of Illinois Champaign-Urbana in the first quarter of 2026 [4][5]. Technological Focus - NANO Nuclear is developing several advanced nuclear reactor products, including the KRONOS MMR™ Energy System, ZEUS™, and the portable LOKI MMR™ [7]. - The company is also working on a domestic source for High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication through its subsidiary HALEU Energy Fuel Inc. [9]. Industry Positioning - NANO Nuclear aims to become a vertically integrated company across multiple business lines, including microreactor technologies, nuclear fuel fabrication, and consulting services [6]. - The company is positioned to be a key player in the North American clean energy landscape, focusing on innovation and commercialization of next-generation nuclear technologies [3][5].
NANO Nuclear Finalizes Acquisition of Global First Power from USNC, Strengthening Its Position as a North American Leader in Nuclear Microreactor Development
Newsfile· 2025-10-22 11:59
Core Insights - NANO Nuclear Energy Inc. has finalized the acquisition of Global First Power Limited, enhancing its position as a leader in North American nuclear microreactor development [1][5][6] - The acquisition grants NANO Nuclear direct ownership of the regulatory licensing application for the KRONOS MMR™ Energy System demonstration project in Ontario, Canada [2][5] - NANO Nuclear aims to advance its licensing and construction programs concurrently in both the U.S. and Canada, establishing a strong North American footprint [7][8] Acquisition Details - The acquisition allows NANO Nuclear to continue the licensing process for the KRONOS MMR™ Energy System, building on GFPL's previous regulatory progress [5][9] - NANO Nuclear assumed a liability of approximately $640,000 owed by GFPL to the Canadian Nuclear Safety Commission (CNSC) as part of the acquisition [9] Strategic Implications - This acquisition is seen as a critical step towards establishing a leadership position in the North American microreactor market, enabling rapid advancement in licensing and construction [6][9] - NANO Nuclear is now positioned to leverage its capabilities in both the U.S. and Canada, facilitating the deployment of advanced microreactors [6][8] Project Development - Concurrently, NANO Nuclear has initiated site preparation activities for its project at the University of Illinois Urbana-Champaign, with a milestone ceremony scheduled for October 24 [7] - The company is focused on developing a portfolio of microreactors aimed at providing clean, reliable, and decentralized power for various applications [8][12]
NANO Nuclear Energy Included in Morgan Stanley's National Security Index
Newsfile· 2025-10-20 11:59
Core Insights - NANO Nuclear Energy Inc. has been included in Morgan Stanley's National Security Index, highlighting its role in advancing clean energy solutions and nuclear technologies [1][2][3] Company Overview - NANO Nuclear is focused on developing advanced nuclear energy technologies, including microreactors, and aims to become a diversified and vertically integrated company across five business lines: portable microreactor technologies, nuclear fuel fabrication, transportation, applications for space, and consulting services [4][5] Industry Significance - The National Security Index aims to showcase companies that contribute to critical energy and infrastructure technologies, which are essential for U.S. national security [2] - NANO Nuclear's inclusion in the Index reflects its growing importance in enhancing energy sovereignty and national security through advanced nuclear technologies [3] Product Development - The company's flagship project is the KRONOS MMR™ Micro Modular Reactor Energy System, which is currently in the pre-application phase with the U.S. Nuclear Regulatory Commission [5] - Other products in development include the ZEUS™ solid core battery reactor and the portable LOKI MMR™, both representing advancements in clean energy solutions [6] Subsidiaries and Operations - Advanced Fuel Transportation Inc. (AFT), a subsidiary, aims to provide commercial quantities of High-Assay, Low-Enriched Uranium (HALEU) fuel to various sectors, potentially forming a unique vertically integrated nuclear fuel business in North America [7] - HALEU Energy Fuel Inc. (HEF) is focused on developing a domestic HALEU fuel fabrication pipeline for NANO Nuclear's microreactors and the broader advanced nuclear industry [8] - NANO Nuclear Space Inc. (NNS) is exploring commercial applications of micronuclear reactor technology in space, with initial focus on cis-lunar applications [9]