Nano Nuclear Energy Inc. is a nuclear energy technology company that develops portable and clean energy solutions. With a vision to progress its collaborative research project toward rigs and models, zero power reactors, and ultimately reactor manufacturing and installation. The company also plans to create readily replaceable mobile reactors for customers. The mobile reactor along with its operators is designed for power projects, residential and commercial enterprises, and other major development projects.
Their business lines are
- Advanced Fuel Transportation Inc.
- HALEU Energy Fuel Inc.
- NANO Nuclear Space Inc.
Advanced Fuel Transportation Inc. (AFT)
It is a transportation company based in North America that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, and national nuclear laboratories and is funded by the department of Energy. AFT is expected to form part of the only vertically integrated nuclear fuel business in North America.
HALEU Energy Fuel Inc. (HEF)
It is a nano nuclear subsidiary that focuses on the development of a High Assay, Low Enriched Uranium(HALEU) pipeline for fuel fabrication pipeline for the microreactors of the NANO nuclear. It extends to the advanced nuclear reactor industry as well.
NANO Nuclear Space Inc (NNS)
The NNS is looking forward to extending its service to space technology. They are majorly focusing on applications like power systems of extraterrestrial projects and human sustainable environmental development.
Futuristic Plans: Nano Nuclear Energy
Amazon Web Services announced its plan to invest over $500 million in nuclear power.AWS, the Amazon subsidiary in cloud computing requires clean energy for its expansion into services into generative AI. Amazon is also moving in its path towards zero carbon emissions. AWS has signed three agreements to support nuclear energy development including the building of small modular reactors(SMR).
AWS has partnered with Energy Northwest for four SMRs to generate up to 960 MW. Another partnership is created with X-energy and Dominion Energy to explore additional projects in Virginia
Last month the firm announced its plans to launch a Nano nuclear space to identify the applications of its micronuclear reactor technology in space. The company claims that these technologies could support extraterrestrial power systems, human inhabitations, and propulsion toward long-distance missions
Nano Nuclear Energy: Traction on the Project
The share of the Nano Nuclear Energy has significantly hiked. It has risen to 14% which is $17.76 on Wednesday. The project seems to be navigating in the right direction. They have announced the launch of the NANO Nuclear Space. This will systematically explore the potential application of micronuclear technology in space. The vision of the company is to support extraterrestrial power systems and human habitation. This could play a key role in the development of long-distance missions.
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