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NANO Nuclear Signs Letter of Intent with Cambridge Atom Works for ODIN Reactor Technology Sale
ByAinvest
Wednesday, Sep 17, 2025 8:03 am ET1min read
NANO Nuclear Energy Inc. has signed a letter of intent to sell its ODIN reactor technology to Cambridge Atom Works for $6.2 million, with a $250,000 down payment and a $5.95 million payment in 2026. The transaction aims to streamline NANO Nuclear's product line and concentrate resources on its gas-cooled microreactors. The sale also aligns with the newly announced Atlantic Partnership for Advanced Nuclear Energy between the US and the UK to accelerate nuclear power development.
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