Nano Nuclear Energy Expands with Key Asset Acquisition

Nano Nuclear Energy Inc. ( (NNE) ) has provided an update.

On January 10, 2025, NANO Nuclear Energy Inc. completed its acquisition of select nuclear energy technology assets from Ultra Safe Nuclear Corporation, including the patented Micro Modular Reactor (MMR®) Energy System and Pylon Transportable Reactor Platform. This acquisition significantly expands NANO Nuclear’s patent portfolio and includes important demonstration project collaborations, notably at the University of Illinois, and potential future licensing opportunities in the UK. The company aims to enhance its market position with these advanced technologies, supporting energy-intensive sectors like data centers and manufacturing.

More about Nano Nuclear Energy Inc.

NANO Nuclear Energy Inc. is an advanced nuclear energy company focused on developing and commercializing clean energy solutions across five business lines, including portable and microreactor technologies, nuclear fuel fabrication and transportation, and nuclear applications for space. The company is publicly listed in the U.S. and is involved in the development of innovative reactor products such as the ZEUS and ODIN microreactors, as well as the MMR® Energy System and Pylon Transportable Reactor Platform.

YTD Price Performance: -14.79%

Average Trading Volume: 5,278,913

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $939.1M

See more data about NNE stock on TipRanks’ Stock Analysis page.