Nano Nuclear Energy has signed a 10-year R&D deal with Idaho National Laboratory. The company is developing advanced nuclear energy technologies, including portable and microreactor technologies, nuclear fuel fabrication, transportation, and consulting services. Its reactor products in development include ZEUS and ODIN, and the patented KRONOS Micro Modular Reactor Energy System and Pylon Transportable Reactor Platform. Subsidiaries include Advanced Fuel Transportation Inc., HALEU Energy Fuel Inc., and NANO Nuclear Space Inc.
Nano Nuclear Energy Inc. (NASDAQ: NNE), a leading developer of advanced nuclear energy technologies, has signed a 10-year research and development (R&D) agreement with the Idaho National Laboratory (INL). This strategic partnership aims to advance the company's innovative nuclear energy solutions, including portable and microreactor technologies, nuclear fuel fabrication, transportation, and consulting services.
The agreement, which was announced on September 2, 2025, signifies a significant milestone for Nano Nuclear Energy. The company's reactor products in development, such as ZEUS and ODIN, and the patented KRONOS Micro Modular Reactor (MMR) Energy System and Pylon Transportable Reactor Platform, are expected to benefit from the collaborative efforts with INL.
Nano Nuclear Energy's subsidiaries, including Advanced Fuel Transportation Inc. (AFT), HALEU Energy Fuel Inc., and NANO Nuclear Space Inc. (NNS), will also be involved in the R&D initiatives. AFT focuses on providing commercial quantities of HALEU fuel to small modular reactors, military, and other applications. HALEU Energy Fuel Inc. is dedicated to developing a domestic source for HALEU fuel fabrication, while NANO Nuclear Space Inc. explores the commercial applications of microreactor technology in space.
The collaboration with INL will enable Nano Nuclear Energy to leverage the laboratory's expertise and resources to further advance its cutting-edge nuclear technologies. The company's Chief Executive Officer, James Walker, expressed his enthusiasm about the partnership, stating that it "marks another significant step towards transforming the energy landscape with innovative, safe, and sustainable nuclear solutions."
This strategic partnership is a testament to Nano Nuclear Energy's commitment to driving innovation in the nuclear energy sector. The company's focus on developing clean, portable, and on-demand nuclear energy solutions aligns with the growing demand for next-generation nuclear technologies.
References:
[1] https://www.marketscreener.com/news/nano-nuclear-energy-signs-10-year-r-d-deal-with-idaho-national-laboratory-ce7d59d8db89f120
[2] https://ir.nanonuclearenergy.com/news-releases/news-release-details/nano-nuclear-energy-awarded-afwerx-direct-phase-ii-contract
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