NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the
Company”), a leading advanced nuclear energy and technology company
focused on developing portable, clean energy solutions, today
announced that it has executed a definitive agreement to acquire
select nuclear energy technology assets from Ultra Safe Nuclear
Corporation and certain of its subsidiaries (collectively, “USNC”).
The acquired assets include USNC’s patented
Micro Modular Reactor (MMR®) system, along with all associated
patents and other intellectual property rights, as well as its
Pylon reactor technology and related intellectual property, and
certain demonstration project partnerships related to the MMR
system. The assets are being acquired for $8.5 million in cash
through an auction process conducted pursuant to Section 363 of the
U.S. Bankruptcy Code in connection with USNC’s pending Chapter 11
bankruptcy proceedings. On December 18, 2024, the United States
Bankruptcy Court for the District of Delaware, the Bankruptcy Court
overseeing USNC’s chapter 11 case, conducted a hearing and approved
the transaction. The closing of the acquisition is expected to
occur in the near future subject to satisfaction of customary
closing conditions in a bankruptcy proceeding.
Figure 1 – Renditions of NANO Nuclear Energy’s
newly acquired technologies: Pylon for terrestrial (bottom) and
space (top) applications and the Modular Modular Micro Reactor
(MMR®) Energy System (right).
The MMR® Energy System is a zero-carbon nuclear
power plant, integrating one or several standardized micro reactors
with a heat storage unit and the adjacent plant for power
conversion and utilization. The system, which is under development,
could be used to provide carbon-free, high-quality process heat for
co-located industrial applications, and for high-efficiency
hydrogen production. The MMR Energy System compliments NANO
Nuclear’s own ‘ZEUS’ and “ODIN’ microreactors in development.
However, whereas ‘ZEUS’ and “ODIN’ are being designed to be
portable and produce 1 to 1.5 megawatts thermal (“MWth”) of power,
the MMR Energy System is stationary and designed to produce power
up to 45 MWth, opening additional potential markets to NANO
Nuclear. The MMR Energy System is being demonstrated at the
Canadian Nuclear Laboratories with Ontario Power Generation and at
the University of Illinois at Urbana-Champaign. It was also the
first small modular reactor to enter the formal licensing review
phase with the Canadian Nuclear Safety Commission.
Figure 2 - Rendition of NANO Nuclear Energy's
newly acquired Modular Micro Reactor (MMR®) Energy System.
The Pylon reactor is a compact nuclear reactor
designed for versatility in application and deployment. It is
designed to provide between 1 MWth and 5MWth of power and can be
integrated with modular balance of plants tailored to specific
applications including remote terrestrial, marine, and space
deployments. The Pylon reactor is scheduled to be demonstrated at
the Idaho National Laboratory’s DOME facility by 2027, following
USNC's selection for the National Reactor Innovation Center (NRIC)
Front-End Engineering program.
Figure 3 - Rendition of NANO Nuclear Energy's
newly acquired Pylon reactor in terrestrial applications.
The newly acquired technologies align closely
with the intended uses for ‘ZEUS’ and ‘ODIN,’ which are designed
for remote, industrial, infrastructural, maritime, and
extra-terrestrial applications, including large-scale data and
artificial intelligence centers and other energy-intensive
operations, positioning NANO Nuclear to capitalize on growing
financial investment and societal momentum driving advanced nuclear
energy technologies on a global scale. NANO Nuclear will leverage
its world-class technical team to analyze and optimize these
technologies, key components, and intellectual property, before
integrating them into its operational frameworks and ongoing
innovation efforts.
Additionally, NANO Nuclear intends to build upon
and strengthen the extensive industry relationships that USNC
established during its operations. This includes ensuring
continuity in licensing, regulatory, and grant-related efforts
wherever feasible. The acquired technology will also enable NANO
Nuclear to refine and better tailor its offerings within previously
announced collaborations and partnerships, including ongoing
initiatives.
“The acquisition of the MMR system and the Pylon
reactor from USNC aligns perfectly with our mission to usher in the
next generation of advanced nuclear energy technologies,”
said Jay Yu, Founder and Chairman of NANO Nuclear
Energy. “By integrating these cutting-edge technologies,
along with valuable intellectual property and established industry
and academic connections, we are positioned to accelerate our
development phase and bring innovative solutions to market more
efficiently. This is a significant step forward in achieving our
long-term goals and strengthening our leadership in the advanced
nuclear energy sector.”
Figure 4 - Rendition of NANO Nuclear Energy's
newly acquired Pylon reactor in space applications.
“This acquisition marks a transformative event
for our company and evidences our strategy of acquiring
complimentary technologies that help to position us at the
forefront of our industry,” said James Walker, Chief
Executive Officer and Head of Reactor Development of NANO Nuclear
Energy. “The addition of MMR technology strengthens the
technical foundation we have established through the design and
development of our proprietary ‘ZEUS’ and ‘ODIN’ systems and
enables us to scale our power solutions to meet the demands of
larger, energy-intensive operations like data centers. Furthermore,
the integration of the Pylon reactor technology enhances the
versatility and robustness of our existing designs, as well as
positioning us to deliver pioneering solutions for cis-lunar,
orbital, and other space-based initiatives.”
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ:
NNE) is an advanced technology-driven nuclear energy
company seeking to become a commercially focused, diversified, and
vertically integrated company across five business lines: (i)
cutting edge portable microreactor technology, (ii) nuclear fuel
fabrication, (iii) nuclear fuel transportation, (iv) nuclear
applications for space and (v) nuclear industry consulting
services. NANO Nuclear believes it is the first portable nuclear
microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team,
NANO Nuclear’s products in technical development are
“ZEUS”, a solid core battery reactor, and “ODIN”, a
low-pressure coolant reactor, each representing advanced
developments in clean energy solutions that are portable, on-demand
capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc.
(AFT), a NANO Nuclear subsidiary, is led by former
executives from the largest transportation company in the world
aiming to build a North American transportation company that will
provide commercial quantities of HALEU fuel to small modular
reactors, microreactor companies, national laboratories, military,
and DOE programs. Through NANO Nuclear, AFT is the exclusive
licensee of a patented high-capacity HALEU fuel transportation
basket developed by three major U.S. national nuclear laboratories
and funded by the Department of Energy. Assuming development and
commercialization, AFT is expected to form part of the only
vertically integrated nuclear fuel business of its kind in North
America.
HALEU Energy Fuel Inc. (HEF), a
NANO Nuclear subsidiary, is focusing on the future development of a
domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel
fabrication pipeline for NANO Nuclear’s own microreactors as well
as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS),
a NANO Nuclear subsidiary, is exploring the potential commercial
applications of NANO Nuclear’s developing micronuclear reactor
technology in space. NNS is focusing on applications such as power
systems for extraterrestrial projects and human sustaining
environments, and potentially propulsion technology for long haul
space missions. NNS’ initial focus will be on cis-lunar
applications, referring to uses in the space region extending from
Earth to the area surrounding the Moon's surface.
For more corporate information please
visit: https://NanoNuclearEnergy.com/
For further NANO Nuclear information, please
contact:Email: IR@NANONuclearEnergy.comBusiness Tel:
(212) 634-9206
PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:
NANO Nuclear Energy LINKEDINNANO Nuclear
Energy YOUTUBENANO Nuclear Energy X PLATFORM
Cautionary Note Regarding Forward Looking
Statements
This news release and statements of NANO
Nuclear’s in its collaborators’ management in connection with this
news release or related events 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-looking statements mean statements related to future
events, which may impact our expected future business and financial
performance, and often contain words such as "expects",
"anticipates", "intends", "plans", "believes", “potential”, "will",
"should", "could", "would" or "may" and other words of similar
meaning. In this press release, forward-looking statements include
those related to the anticipated benefits to NANO Nuclear of the
assets acquired from UNSC. These forward-looking statements are
based on information available to us as of the date of this news
release and represent management's current views and assumptions.
Forward-looking statements are not guarantees of future
performance, events or results and involve significant known and
unknown risks, uncertainties and other factors, which may be beyond
our control. For NANO Nuclear, particular risks and uncertainties
that could cause our actual future results to differ materially
from those expressed in our forward-looking statements include but
are not limited to the following: (i) risks related to our U.S.
Department of Energy (“DOE”) or related state nuclear fuel
licensing submissions, (ii) risks related the development of new or
advanced technology and the acquisition of complimentary technology
or businesses, including difficulties with design and testing, cost
overruns, regulatory delays, integration issues and the development
of competitive technology, (iii) our ability to obtain contracts
and funding to be able to continue operations, (iv) risks related
to uncertainty regarding our ability to technologically develop and
commercially deploy a competitive advanced nuclear reactor or other
technology in the timelines we anticipate, if ever, (v) risks
related to the impact of government regulation and policies
including by the DOE and the U.S. Nuclear Regulatory Commission,
including those associated with the recently enacted ADVANCE Act,
and (vi) similar risks and uncertainties associated with the
operating an early stage business a highly regulated and rapidly
evolving industry. Readers are cautioned not to place undue
reliance on these forward-looking statements, which apply only as
of the date of this news release. These factors may not constitute
all factors that could cause actual results to differ from those
discussed in any forward-looking statement, and NANO Nuclear
therefore encourages investors to review other factors that may
affect future results in its filings with the SEC, which are
available for review at www.sec.gov and at
https://ir.nanonuclearenergy.com/financial-information/sec-filings.
Accordingly, forward-looking statements should not be relied upon
as a predictor of actual results. We do not undertake to update our
forward-looking statements to reflect events or circumstances that
may arise after the date of this news release, except as required
by law.
Nano Nuclear Energy (NASDAQ:NNE)
過去 株価チャート
から 11 2024 まで 12 2024
Nano Nuclear Energy (NASDAQ:NNE)
過去 株価チャート
から 12 2023 まで 12 2024