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Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design Phase

NASDAQ:NNE
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September 03 2026 9:48AM

Nano Nuclear Energy (NASDAQ:NNE) said its engineering collaboration with Howden, a Baker Hughes business, has progressed to the detailed design phase for the primary helium circulator of its KRONOS MMR™ Energy System.

The helium circulator is a mechanical subsystem designed to move helium coolant through the reactor core to transfer heat. Howden is leading the engineering design of the component, drawing on its experience in helium turbomachinery and high-temperature gas-cooled reactor technology.

Howden became part of Baker Hughes following its acquisition of Chart Industries.

Preliminary Engineering Work Completed

During the preliminary engineering phase, Howden completed engineering evaluations, developed three-dimensional design models, carried out supporting analyses and conducted formal design reviews with Nano Nuclear’s engineering team.

Work now underway includes component qualification, materials and performance testing, design optimisation and manufacturing planning.

Chief Executive Officer James Walker said the advancement “strengthens the technical foundation of the overall reactor program and demonstrates the disciplined engineering execution essential for successful commercialization,” adding that the company continues to make progress across engineering and regulatory activities toward prototype construction and regulatory licensing.

KRONOS MMR Development Continues

The latest engineering milestone follows a separate collaboration with Fortil covering the design of the Fuel Handling and Storage System, another subsystem within the KRONOS MMR™ architecture.

The KRONOS MMR™ is a stationary high-temperature gas-cooled reactor. Nano Nuclear is currently engaged in construction permit pre-application activities with the U.S. Nuclear Regulatory Commission in collaboration with the University of Illinois Urbana-Champaign.

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This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.

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US Market News US Market News 2 weeks ago
NANO Nuclear, IP3 and Cybernetic Intelligence Sign Letter of Intent to Pursue Nuclear-Powered AI Infrastructure ProjectsLetter of Intent Names NANO Nuclear as a Preferred Nuclear Technology & Services Provider for Potential Future ProjectsNew York, New York--(Newsfile Corp. - September 25, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or the "Company"), IP3 Corporation ("IP3") and Cybernetic Intelligence announced the signing a Letter of Intent (LOI) setting out a framework to jointly pursue nuclear-powered artificial intelligence (AI), national security and computing and other infrastructure opportunities in the United States and select international markets. The LOI names NANO Nuclear as a preferred provider of nuclear technology and services to IP3 and Cybernetic Intelligence for opportunities pursued through the collaboration. The relationship is expected to leverage NANO Nuclear's capabilities across advanced microreactor technology, nuclear fuel supply and logistics, and reactor operations. Figure 1 - NANO Nuclear, IP3 and Cybernetic Intelligence Sign Letter of Intent to Pursue Nuclear Powered AI Infrastructure ProjectsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/316017_179b3bfa14391bf1_001full.jpgEnabling Potential New Commercial Pathways for Advanced NuclearNANO Nuclear believes growing demand for secure, reliable and resilient power across AI, national security and computing and other critical infrastructure will create new applications for advanced nuclear technology beyond traditional utility-scale generation.The collaboration brings together complementary capabilities intended to help convert those opportunities into potential commercial projects: NANO Nuclear as a provider of advanced nuclear technology, fuel and related services; IP3 providing project origination, development, financing and government engagement capabilities; and Cybernetic Intelligence contributing expertise in AI infrastructure, compute sovereignty and access to potential defense, intelligence and commercial compute customers.Together, the parties intend to pursue an integrated development approach that connects advanced nuclear technology with identifiable energy demand, secure computing requirements, project development and potential access to capital. This is expected to include identifying potential end-users and host sites, assessing applicable regulatory and policy frameworks, developing project and feasibility materials, engaging potential financing and project partners, and evaluating the supply-chain and manufacturing capabilities required to support deployment.The parties also expect to evaluate potential financing pathways for mutually agreed projects, including infrastructure and project finance, government-supported programs and other sources of institutional capital. These activities are intended to create a potential pathway from opportunity origination and project structuring through financing and commercial deployment.Pursuing a Pipeline of Strategic Commercial OpportunitiesThe parties intend to jointly evaluate and pursue multiple potential commercial opportunities across the United States and select international markets. Areas under consideration include potential advanced reactor pilot programs for military applications, energy-resilience solutions for defense and intelligence installations, sovereign AI and high-performance computing infrastructure, maritime nuclear applications, and strategic international energy and infrastructure projects.As an initial workstream under the LOI, the parties intend to identify and commence a mutually agreed pilot program, selected based on factors including project readiness, strategic priority and available resources. The pilot is expected to provide a framework for applying the parties' combined nuclear, infrastructure development and secure computing capabilities to a defined deployment opportunity. Any pilot would be subject to a separate project-specific agreement establishing its scope, timeline, commercial terms and deliverables.In parallel, the parties expect to evaluate potential host sites and end-users, engage relevant government agencies, regulators, financiers and infrastructure partners, and assess supply-chain, manufacturing, localization and workforce requirements for potential deployments."Advanced nuclear is moving beyond traditional power markets as AI, national security and other strategic industries seek secure, reliable and resilient sources of energy. This collaboration is designed to position NANO Nuclear's technology at the center of that emerging opportunity," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "Being selected as a preferred nuclear technology and services provider for opportunities explored under this collaboration is another meaningful step in expanding future commercial pathways for our company. By combining our reactor and fuel capabilities with IP3's relationships, project integrator and capital formation capabilities and Cybernetic Intelligence's expertise in sovereign AI, we have the opportunity to pursue projects where the need for advanced nuclear power is tied to identifiable demand.""The opportunity in advanced nuclear now turns on execution. We must convert strong technology into financeable, buildable projects. That requires the right technology, customers, capital, regulatory strategy and development expertise in one place," said Michael W. Hewitt, Chief Executive Officer of IP3 Corporation. "NANO Nuclear brings deep expertise on advanced reactor technology and fuel capabilities to the table. Together we look forward to exploring projects across the infrastructure markets where energy security and resilience matter most.""Compute sovereignty ultimately depends on energy sovereignty. As governments and critical industries deploy increasingly powerful AI systems, access to secure, dedicated and resilient power will become an increasingly important part of the infrastructure equation," said Maxim Serezhin, Chief Executive Officer of Cybernetic Intelligence. "We believe advanced nuclear can play an important role in meeting that requirement. By bringing together Cybernetic Intelligence's AI capabilities and vertically integrated compute systems, IP3's infrastructure development expertise and NANO Nuclear's advanced nuclear platform, this collaboration creates a compelling foundation to explore sovereign AI applications."The LOI, which was formally executed last month, represents a non-binding and non-excusive framework for exploration of opportunities among the parties. Any future projects remain subject to further diligence, applicable regulatory and governmental approvals, financing and the negotiation and execution of applicable definitive agreements.About IP3 CorporationIP3 is a U.S.-based nuclear infrastructure integrator, operating through a buy-side integrator model, focused on the development and operation of peaceful and secure civilian nuclear power projects domestically and globally, with wholly owned subsidiaries IP3 Security Co. and Allied Nuclear Partners Inc. that extend IP3's reach across security and nuclear partnership domains.About Cybernetic Intelligence LLCCybernetic Intelligence develops distributed, autonomous, explainable, and auditable AI systems designed for mission critical industrial, military, and intelligence operations. Our software bridges soft computing, control theory, advanced sensing, and mission-ready engineering to enable real-time environmental response and autonomous reasoning optimization. www.cyberintel.tech About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American 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 and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, the ZEUS™ system, a portable solid core battery reactor, and the space focused, portable LOKI MMR™ system, 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, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. 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. 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 the LOKI MMR™ system and other 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 @Y worry MurrayPLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORMCautionary Note Regarding Forward Looking Statements This news release and statements of NANO Nuclear's management and collaborators in connection with this news release 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", "explore," "plans", "aim," "goal," "believes", "potential", "future," "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future, although forward-looking statements could be denoted by other terms as well. In this press release, forward-looking statements include those relating to the anticipated potential benefits to NANO Nuclear of the LOI with IP3 and Cybernetic Intelligence described herein (which LOI is non-binding, non-exclusive and subject to risks and uncertainties and potential opportunities to be explored under such LOI). These and other 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, risks associated with the preliminary, non-binding nature of the framework LOI described herein, including that definitive agreements with respect to any projects may never be entered into by the Company under the LOI, as well as the following: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) risks related to our ability to obtain key vendor, technology and customer contracts and the significant funding necessary to execute on our business plan, (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 U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316017 Original: NANO Nuclear, IP3 and Cybernetic Intelligence Sign Letter of Intent to Pursue Nuclear-Powered AI Infrastructure Projects
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US Market News US Market News 1 month ago
NANO Nuclear Energy and Enveniam Sign Memorandum of Understanding to Advance U.S. Nuclear Fuel Cycle, Microreactor Deployment and Energy InfrastructureSeptember 4, 2026 7:59 AM
NewsfileCollaboration Framework Encompasses Nuclear Fuel Transportation, Conversion and Deconversion, Microreactor Licensing and Deployment, Advanced Manufacturing, and Power Solutions for Data Centers and Remote CommunitiesNew York, New York and Oak Ridge, Tennessee--(Newsfile Corp. - September 4, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, nuclear fuel cycle capabilities and nuclear transportation solutions, today announced that it has signed a non-binding Memorandum of Understanding ("MOU") with Enveniam, LLC ("Enveniam"), a leading project integrator and provider of engineering, technology and project-delivery solutions, to explore a collaboration addressing nuclear fuel cycle infrastructure, microreactor commercialization, advanced manufacturing and end-user energy solutions.Figure 1 - NANO Nuclear Energy and Enveniam Sign Memorandum of Understanding to Advance U.S. Nuclear Fuel Cycle, Microreactor Deployment and Energy InfrastructureTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/312953_7732e902b4852b3b_003full.jpgThe MOU establishes a framework through which the companies will explore utilizing Enveniam's experience in nuclear engineering, project integration, safety analysis, licensing support, project controls, operational readiness and complex energy infrastructure to advance NANO Nuclear's developing reactor, nuclear fuel fabrication and transportation capabilities. Any specific services, funding, projects or commercial commitments between the parties would be subject to separate definitive agreements."This MOU brings together two organizations with complementary capabilities across the advanced nuclear value chain," said Jay Yu, Founder and Chairman of NANO Nuclear Energy. "NANO Nuclear is building a vertically integrated platform spanning microreactors, nuclear fuel and transportation, while Enveniam brings extensive experience integrating complex nuclear and energy programs. By exploring opportunities together, we aim to strengthen the practical pathway from technology development to regulatory licensing, manufacturing and deployment, while preserving the flexibility to evaluate each potential project on its individual merits.""Enveniam is focused on bringing disciplined project integration, technical depth and delivery certainty to critical energy missions," said Doug Freund, President and Chief Executive Officer of Boston Government Services and Executive Officer of Enveniam. "NANO Nuclear is advancing a broad portfolio that touches several important parts of the emerging advanced nuclear market. This framework gives our teams the opportunity to assess where Enveniam's engineering, project controls, licensing, safety and operational capabilities can help translate promising nuclear technologies and infrastructure concepts into executable projects."Exploring Broad Cooperation Across the Nuclear Value ChainUnder the MOU, NANO Nuclear and Enveniam expect to evaluate potential cooperation across six principal workstreams:Nuclear fuel transportation: engineering, safety, operational and regulatory support for NANO Nuclear's HALEU transportation systems, including transport-basket optimization, regulatory filings and security protocols.Conversion and deconversion: engineering design, criticality-safety analysis, integrated safety assessments and licensing-strategy support for potential uranium conversion and deconversion facilities.Microreactor commercialization: technical support for siting, licensing, engineering, fabrication, project controls, risk management, safety-basis development, operations planning and deployment readiness for NANO Nuclear's lead KRONOS MMR™ Energy System project or NANO Nuclear's portable microreactor designs.Advanced manufacturing: requirements development, project management, engineering design, baseline planning, earned-value management and operational-readiness support for a potential U.S.-based manufacturing facility for nuclear fuel, fuel components and microreactor modules.Domestic fuel supply chain: strategic, program-management, technical and compliance support spanning sourcing, fabrication, qualification, transportation and delivery.Commercial energy markets: joint market development and stakeholder engagement concerning potential electricity and process-heat solutions for data centers, remote and off-grid communities, Alaska Native organizations, island states and territories, and other energy-intensive users."Commercializing advanced nuclear technology requires more than a strong reactor design," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "It requires disciplined licensing, safety analysis, project controls, supply-chain coordination, manufacturing planning and operational readiness. Enveniam's capabilities closely align with our expertise and business plans across these critical workflows. We believe this collaboration can help us evaluate projects more efficiently, identify execution risks earlier and build stronger delivery plans as opportunities advance toward definitive agreements."Building a Disciplined Path to Definitive ProjectsThe MOU calls for establishing a joint working group that would meet periodically to review potential business opportunities, identify projects that may warrant a funded statement of work or task order, and consider joint applications for federal or state funding. Each company would retain discretion over the information it shares and the opportunities it elects to pursue.The MOU does not obligate either company to proceed with a particular project, provide services, commit funding or enter into a commercial transaction. Any such activity would require separate definitive agreements establishing the applicable scope, schedule, responsibilities, economics, intellectual-property arrangements and regulatory requirements.Supporting Data Centers and Remote CommunitiesOne area of potential collaboration is the development of reliable electricity and process-heat solutions for data centers and other energy-intensive customers. The rapid expansion of artificial intelligence, cloud computing, advanced manufacturing and electrification is increasing demand for safe, dependable, around-the-clock power and creating opportunities for advanced nuclear technologies that can complement and support existing grids and energy infrastructure.NANO Nuclear and Enveniam also intend to evaluate opportunities involving remote and off-grid communities, including Alaska Native organizations and island jurisdictions that may rely heavily on imported fossil fuels. Potential applications could include resilient power, district or industrial heat, desalination and hybrid energy systems combining microreactors with renewable generation. Any deployment would remain subject to technical feasibility, stakeholder support, financing, licensing and definitive project documentation.Strengthening the Domestic Nuclear Fuel CycleThe MOU also supports NANO Nuclear's broader strategy of developing capabilities across critical portions of the domestic nuclear fuel cycle. Through its subsidiaries Advanced Fuel Transportation Inc. and HALEU Energy Fuel Inc., NANO Nuclear is pursuing transportation and fuel-fabrication capabilities intended to support its own reactor programs and the wider advanced nuclear industry.Enveniam's experience in project integration, nuclear operations, engineering, safety, licensing, supply-chain management and operational readiness may complement NANO Nuclear's work in fuel transportation, conversion and deconversion, fabrication and manufacturing. The companies believe that coordinated planning across these activities could help identify bottlenecks, improve project definition and support a more secure and resilient U.S. nuclear fuel supply chain.About EnveniamEnveniam, a Bernhard Capital Partners (BCP) portfolio company consisting of Boston Government Services (BGS), Strategic Management Solutions LLC (SMSI), and Sterling Engineering & Consulting (SE&C), advances the nation's focus on energy dominance and national security through engineering, technology, and deep domain expertise. As a Lead Project Integrator, the company delivers integrated solutions across federal and energy markets, including nuclear, oil, natural gas, renewables and critical infrastructure. Enveniam brings the scale, agility and depth needed to address complex energy and security challenges.About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American 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 and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, 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, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. 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. 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 the LOKI MMR™ system and other 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.com
Business Tel: (212) 634-9206PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:
NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORMCautionary Note Regarding Forward-Looking StatementsThis news release and statements of NANO Nuclear's management and collaborators in connection with this news release 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 that may impact our expected future business and financial performance and often contain words such as "expect," "anticipate," "intend," "plan," "aim," "goal," "explore," "seek," "believe," "potential," "will," "should," "could," "would" or "may" or derivations of these words and other words of similar meaning about the future, although forward-looking statements may be denoted by other terms. In this press release, forward-looking statements include, without limitation, statements concerning the anticipated benefits to NANO Nuclear of the MOU with Enveniam and the parties' goals of identifying areas of collaboration and entering into definitive agreements; and NANO Nuclear's development, regulatory, manufacturing and commercialization plans generally. These and other 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 that may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause actual future results to differ materially from those expressed in our forward-looking statements include, but are not limited to: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S. nuclear licensing submissions; (ii) risks related to the development of new or advanced technology and the acquisition of complementary 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 key vendor, technology and customer contracts and the significant funding necessary to execute on our business plan; (iv) uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology within the timelines we anticipate, if ever; (v) the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including those of the DOE and NRC and those associated with the ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation; and (vi) similar risks and uncertainties associated with operating a developing business in a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use cash on hand faster or in different ways than anticipated. 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 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 forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312953 Original: NANO Nuclear Energy and Enveniam Sign Memorandum of Understanding to Advance U.S. Nuclear Fuel Cycle, Microreactor Deployment and Energy Infrastructure
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iHub News iHub News 1 month ago
Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design PhaseSeptember 3, 2026 9:48 AM
IH Market News Nano Nuclear Energy (NASDAQ:NNE) said its engineering collaboration with Howden, a Baker Hughes business, has progressed to the detailed design phase for the primary helium circulator of its KRONOS MMR Energy System. The helium circulator is a mechanical subsystem designed to move helium coolant through the reactor core to transfer heat. Howden is leading the engineering design of the component, drawing on its experience in helium turbomachinery and high-temperature gas-cooled reactor technology. Howden became part of Baker Hughes following its acquisition of Chart Industries. Preliminary Engineering Work Completed During the preliminary engineering phase, Howden completed engineering evaluations, developed three-dimensional design models, carried out supporting analyses and conducted formal design reviews with Nano Nuclear’s engineering team. Work now underway includes component qualification, materials and performance testing, design optimisation and manufacturing planning. Chief Executive Officer James Walker said the advancement “strengthens the technical foundation of the overall reactor program and demonstrates the disciplined engineering execution essential for successful commercialization,” adding that the company continues to make progress across engineering and regulatory activities toward prototype construction and regulatory licensing. KRONOS MMR Development Continues The latest engineering milestone follows a separate collaboration with Fortil covering the design of the Fuel Handling and Storage System, another subsystem within the KRONOS MMR architecture. The KRONOS MMR is a stationary high-temperature gas-cooled reactor. Nano Nuclear is currently engaged in construction permit pre-application activities with the U.S. Nuclear Regulatory Commission in collaboration with the University of Illinois Urbana-Champaign. NANO Nuclear Energy stock priceThe post Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design Phase appeared first on US Editors. Original: Nano Nuclear Advances KRONOS Helium Circulator to Detailed Design Phase
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US Market News US Market News 2 months ago
NANO Nuclear and Tillman Digital Gateway Sign Strategic Commercial Framework to Enable Advanced Nuclear Power for Gigawatt-Scale U.S. AI Industrial ZonesAugust 24, 2026 7:59 AM
NewsfileCommercial framework identifies NANO Nuclear as Tillman's preferred nuclear technology provider; Parties targeting 2 gigawatts ("GW") or more of advanced nuclear capacity by the mid-2030s and 6 GW or more by 2040Framework also includes fully milestone-vesting warrants for Tillman to purchase up to $100 million of NANO Nuclear Energy common stock, with a majority of the warrants vesting upon future binding reactor purchase commitments and a portion vesting upon achievement of key project-development milestonesNew York, New York--(Newsfile Corp. - August 24, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing next-generation energy solutions, today announced the signing of a non-binding Strategic Commercial Framework with Tillman Global Holdings ("TGH" or "Tillman") and its global data-center platform, Tillman Digital Gateway ("TDG"), to advance the future deployment of NANO Nuclear's KRONOS MMR™ Energy Systems across Tillman's planned AI industrial zones in the United States. The framework identifies NANO Nuclear as Tillman's anticipated preferred nuclear technology provider and establishes a structure for the parties to collaborate on the evaluation and development of nuclear generation opportunities across Tillman's growing U.S. data-center pipeline, with a parallel opportunity to expand to certain international markets. In connection with the proposed collaboration, the parties are targeting 2 GW or more of advanced nuclear capacity by the mid-2030s and 6 GW or more by 2040, subject to general and site-specific definitive agreements, customer commitments, financing, regulatory approvals and other project requirements.Tillman, a global firm that develops, owns, and scales large-scale digital and energy infrastructure, is advancing a multi-state pipeline of planned AI industrial zones in the U.S. designed to support gigawatt-scale power requirements from anticipated hyperscale and AI tenant customers. As part of its power-first development strategy, Tillman evaluates sites for their ability to accommodate multiple sources of generation and intends to reserve the space to integrate advanced nuclear power as a medium- to long-term source of reliable, baseload generation.Figure 1 - NANO Nuclear and Tillman Digital Gateway Sign Strategic Commercial Framework to Advance Nuclear Power for Gigawatt-Scale U.S. AI Industrial ZonesTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/311012_76d0c2c274ee3872_003full.jpgUnder the framework, NANO Nuclear and Tillman intend to collaborate across the nuclear project-development lifecycle, including site evaluation and diligence, licensing and development planning, customer engagement and project deployment. The contemplated structure would combine Tillman's infrastructure development, project financing and power-development capabilities with NANO Nuclear's advanced reactor technology, nuclear licensing capabilities and integrated approach to the nuclear fuel cycle.Combining Complementary Infrastructure and Nuclear CapabilitiesTillman and its affiliated companies have significant experience developing, financing, owning and operating large-scale digital and energy infrastructure, including U.S. cell towers, fiber infrastructure, in-building connectivity systems and electric vehicle charging infrastructure, and have secured approximately $16 billion of capital since inception. Tillman is leveraging this experience for the development of power-first AI infrastructure designed to address the scale, reliability and speed-to-market requirements of next-generation computing customers. NANO Nuclear is developing its KRONOS MMR Energy System, a 15 MWe High-Temperature Gas-Cooled Reactor designed to support modular and phased deployment. The parties believe the technology's modular architecture is particularly well-suited for staged deployment at large-scale data-center campuses as nuclear generation becomes available over the medium and long term."Power availability is becoming one of the defining constraints on the continued expansion of AI infrastructure, and addressing this challenge will require both near-term execution and long-term planning," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "This framework represents a milestone in our future customer acquisition strategy, as Tillman brings deep infrastructure-development capabilities, access to capital and relationships across the technology ecosystem, together with a power-first approach to developing the next generation of AI campuses. By planning for nuclear at the earliest stages of site development, we believe we can establish a practical pathway to introduce reliable, baseload power as these campuses scale.""For NANO Nuclear, this framework represents an important potential commercialization pathway that connects our technology with an anticipated multi-gigawatt-site pipeline of power demand," said Jay Yu, Founder and Chairman of NANO Nuclear Energy. "Importantly, the structure is intended to align both organizations around measurable project-development and commercial milestones as individual opportunities progress. We believe combining Tillman's infrastructure-development capabilities with our nuclear technology, regulatory licensing pathway and deployment model can create a scalable foundation for future nuclear-powered AI infrastructure.""Meeting the extraordinary power requirements of next-generation AI infrastructure requires us to plan not only for what our campuses need today, but for the resilient, scalable power architecture they will require for decades to come," said Sachit Ahuja, Co-President of Tillman Global Holdings. "We view NANO Nuclear as an emerging leader in advanced nuclear whose progress to date, commercially focused strategy and modular technology platform make it a compelling potential solution for our medium- and long-term power requirements. This framework combines Tillman's infrastructure-development platform and relationships with large-scale technology customers and NANO Nuclear's advanced nuclear capabilities, creating a pathway to benefit from the integration of nuclear generation into future Tillman campuses as our portfolio expands."Potential Multi-Gigawatt Deployment PathwayAs part of the proposed collaboration, the parties are targeting 2 GW or more of advanced nuclear capacity by the mid-2030s, with a longer-term objective of 6 GW or more by 2040 across Tillman projects. The parties are also evaluating opportunities to extend their collaboration to select international markets where Tillman or its affiliates are developing or evaluating large-scale digital infrastructure.Key Elements of the Proposed FrameworkPreferred nuclear technology relationship: The framework identifies NANO Nuclear as Tillman's proposed preferred nuclear technology provider for potential advanced nuclear energy deployments across Tillman's planned U.S. AI industrial zones.Joint project development: Tillman and NANO Nuclear intend to evaluate candidate sites for future nuclear energy deployment and collaborate on site diligence, development and licensing planning, customer engagement and project structuring as individual opportunities advance.IPP-style deployment model: For qualifying projects, the parties contemplate an independent-power-producer-style structure under which Tillman or its affiliates would finance, develop and own project power infrastructure and NANO Nuclear would develop, support operations, and supply the reactors and fuel, with specific commercial arrangements to be negotiated on a project-by-project basis.Milestone-Based Warrant Arrangement and $5 Million Initial Equity Grant: The framework contemplates the proposed issuance to Tillman of fully milestone-vesting warrants to purchase up to $100 million of NANO Nuclear common stock. A majority of the warrants would vest only upon future binding reactor purchase commitments. The remaining portion of the warrants would vest only upon achievement of specified project-development milestones. The framework also contemplates an initial restricted common stock grant to Tillman with a notional value of $5 million, a portion of which would vest upon execution of definitive equity grant agreements, with the substantial majority vesting only upon achievement of specified project-development milestones.Project-level equity participation: The framework also contemplates potential rights for NANO Nuclear to participate alongside Tillman in a portion of the equity of certain project-level entities associated with future nuclear generation and corresponding data-center development once qualifying nuclear projects reach specified development milestones. Any such participation is subject to separately negotiated project-specific terms and definitive agreements.All of the foregoing terms remain subject to evolution based on the preparation and execution of definitive documentation. NANO Nuclear is being advised on the transaction by EAS Advisors LLC, acting through Odeon Capital Group LLC.About Tillman Global HoldingsTillman Global Holdings is a U.S.-based holding company that builds and scales leading businesses in essential digital and energy infrastructure. Founded in 2013 by Sanjiv Ahuja, the firm operates with a long-term, operator-led approach, leveraging deep expertise and disciplined capital allocation to address evolving customer and connectivity needs. Tillman applies its hands-on management model to create robust infrastructure platforms that support economic growth and deliver long-term value across the territories in which it operates. Tillman's current portfolio companies operate premier fiber networks, mobile tower platforms, hyperscale data centers, in-building connectivity systems, and energy infrastructure. For more information, visit tillmanglobal.com.About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American 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 and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in energy solutions that are portable, on-demand capable, advanced nuclear microreactors. Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. 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. 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 the LOKI MMR™ system and other 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 @Y worry MurrayPLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORMCautionary Note Regarding Forward-Looking Statements This news release and statements of NANO Nuclear's management and collaborators in connection with this news release 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 "contemplated", "expects", "anticipates", "intends", "explore," "plans", "aim," "goal," "believes", "potential", "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future, although these are not the exclusive terms that denote forward-looking statements. In this press release, forward-looking statements include those relating to (i) the Company's potential commercial collaboration with Tillman, which is presently only subject to a non-binding written framework and remains subject to the preparation, negotiation and execution of both general and project specific definitive agreements and (ii) the Company's and Tillman's business and operational development plans in general. These and other 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 risk that the Company and Tillman may never advance beyond the exploratory stage and reach definitive documentation (on the terms set forth herein, or at all) or an actual investment by Tillman in the Company, as well as the following: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary 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 key vendor, technology and customer contracts and the significant funding necessary to execute on our business plan, (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 U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311012 Original: NANO Nuclear and Tillman Digital Gateway Sign Strategic Commercial Framework to Enable Advanced Nuclear Power for Gigawatt-Scale U.S. AI Industrial Zones
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expecting some good news today! Let's do this!
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NANO Nuclear Energy shares gain after securing U.S. Air Force contractJuly 27, 2026 9:45 AM
IH Market News NANO Nuclear Energy Inc. (NASDAQ:NNE) shares rose 4% on Monday after the company announced it had been selected for a Small Business Innovation Research (SBIR) Phase I contract through AFWERX. The award supports development of the company’s KRONOS MMR Energy System as part of efforts to address operational challenges for the U.S. Department of the Air Force. Contract supports military energy innovation The project forms part of the Air Force Research Laboratory and AFWERX initiative to simplify the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, helping accelerate the adoption of emerging technologies. The Department of the Air Force launched its Open Topic SBIR/STTR program in 2018 to encourage innovative solutions from private companies. NANO Nuclear Energy officially began work under the new contract on July 21, 2026. Company highlights growing defense opportunities James Walker, Chief Executive Officer of NANO Nuclear Energy, commented: “This award represents another meaningful step in the continued advancement of NANO Nuclear’s defense commercialization strategy. We now have multiple active engagements with the Department of the Air Force that demonstrate increasing confidence in our technology and technical capabilities.” Jay Yu, Founder and Chairman of NANO Nuclear Energy, added: “Energy resilience has become a strategic priority across the U.S. military, and advanced microreactors have the potential to fundamentally change how critical installations are powered. This award is significant not only because it expands our opportunity with the Air Force, but because it represents continued commercial validation of our technology roadmap.” Expanding pathway for defense deployment According to the company, the latest contract further strengthens its relationship with the Department of the Air Force while creating additional opportunities to deploy its microreactor technology in future defense applications. The award also represents another milestone in NANO Nuclear Energy’s strategy to commercialize advanced nuclear technologies for both military and civilian energy markets. NANO Nuclear Energy stock priceThe post NANO Nuclear Energy shares gain after securing U.S. Air Force contract appeared first on US Editors. Original: NANO Nuclear Energy shares gain after securing U.S. Air Force contract
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NANO Nuclear Energy Joins Virginia Nuclear Energy Consortium to Advance Nuclear Innovation and Support the Commonwealth's Growing Energy RequirementsJuly 17, 2026 7:59 AM
NewsfileNANO Nuclear joins other industry leaders to advance innovation, deployment, R&D and workforce initiatives as Virginia addresses rapidly growing power demand from data centers, consumer consumption, and critical industriesNew York, New York--(Newsfile Corp. - July 17, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced its membership in the Virginia Nuclear Energy Consortium ("VNEC"). VNEC brings together leading nuclear technology developers, utilities, engineering and construction companies, universities, research institutions and other participants in Virginia's nuclear industry. Its mission is to sustain and strengthen Virginia's position as a national and global leader in nuclear energy by facilitating collaboration, business development, research, training and informed public policy.Through its membership, NANO Nuclear Chief Executive Officer James Walker will join the VNEC Board of Directors to help implement the organization's mission and priorities. NANO Nuclear's VNEC membership also brings with it the opportunity for VNEC to advocate for NANO Nuclear's interests. VNEC was established by Virginia statute and formally created in 2015 to promote, support, and advance the nuclear industry across the Commonwealth. VNEC serves as a trusted public resource on nuclear energy issues and brings together industry partners, higher education institutions, federal laboratories, and nonprofits to accelerate research, workforce development, and technology commercialization in Virginia.Virginia's Leadership in Nuclear EnergyVNEC, with industry and stakeholders, developed the Virginia Is Nuclear 2025-2029 Strategic Plan to deploy advanced and small modular reactors, establish a research and education reactor facility through the Virginia Innovative Nuclear Hub, secure funding for new nuclear projects spanning manufacturing, fuel fabrication, and nuclear medicine, expand the nuclear supply chain, build workforce pipelines, and engage stakeholders on nuclear energy's clean, reliable energy future.Virginia's well-established port infrastructure, nuclear fuel fabrication firms, shipbuilding operations, and tens of thousands of nuclear-capable workers, make these goals achievable. Virginia's assets build on a legacy that dates to the first energy delivered to the grid via the nuclear generator at Fort Belvoir in 1957.Supporting the World's Largest Data Center MarketVirginia is home to the world's largest data center market and one of the largest concentrations of hyperscale computing infrastructure globally. The continued expansion of artificial intelligence, cloud computing and digital services is driving substantial growth in electricity demand and creating an urgent need for additional sources of dependable, around-the-clock generation.At the same time, Virginia has taken a proactive approach to managing the infrastructure and affordability implications of data center growth. State policymakers and regulators have advanced dedicated rate structures and cost-allocation protections for large-load customers, while examining energy forecasting, grid reliability, demand flexibility, generation development and the infrastructure required to sustain continued economic expansion.Virginia has also identified advanced nuclear energy as a potential source of reliable, carbon-free power capable of supporting data centers, manufacturing facilities, hospitals, military installations and other critical infrastructure.NANO Nuclear intends to use its VNEC membership to build relationships with organizations evaluating future power solutions for data centers and other high-load industrial customers in the Commonwealth. NANO Nuclear believes its advanced reactor portfolio may ultimately offer a range of potential applications, including dedicated generation, resilient campus power, industrial heat, grid support and energy systems serving remote or infrastructure-constrained locations."Virginia represents one of the most compelling locations in the United States for the future deployment of advanced nuclear technology," said Jay Yu, Chairman and Founder of NANO Nuclear Energy. "It combines a deeply established nuclear industry, world-class universities, a highly capable technical workforce, major defense and national security activities, and the largest concentration of data centers anywhere in the world. Joining VNEC gives NANO Nuclear a meaningful platform from which to participate in Virginia's nuclear strategy and explore how our technologies could contribute to the Commonwealth's rapidly growing need for reliable, resilient and clean power. Becoming a member of VNEC is not simply a networking exercise; it gives NANO Nuclear a seat at the table as Virginia considers how to expand its nuclear industry, support unprecedented electricity demand, and build the workforce and infrastructure required for the next generation of nuclear deployment. We look forward to being an active member, contributing our expertise and pursuing opportunities that can create lasting value for both NANO Nuclear and the Commonwealth.""VNEC has assembled an exceptional network of companies, academic institutions and public-sector leaders that share our belief that advanced nuclear energy will be essential to meeting future energy demand," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "Our membership places NANO Nuclear within an influential and highly collaborative nuclear community at exactly the right time. Virginia is actively investing in advanced nuclear research, workforce development and deployment readiness, and we believe NANO Nuclear can make a valuable contribution to that effort while developing important long-term commercial relationships. NANO Nuclear's vertically integrated strategy is particularly well aligned with Virginia's ambitions, as we are developing advanced reactors while simultaneously building capabilities in nuclear fuel, transportation, engineering and deployment. VNEC provides a forum through which these different business lines can be introduced to organizations across Virginia's energy, academic, manufacturing, defense and technology sectors."Expanding NANO Nuclear's National FootprintNANO Nuclear's membership in VNEC represents part of the Company's broader effort to establish relationships with leading universities, national laboratories, government agencies, utilities, industrial customers and nuclear supply chain participants throughout the United States.The Company is currently advancing its KRONOS MMR™ Energy System and associated fuel, transportation and manufacturing capabilities. Through VNEC, NANO Nuclear intends to explore opportunities across its broader portfolio rather than limiting its participation to a single technology or project.About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American 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 and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, 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, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. 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. 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 the LOKI MMR™ system and other 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 @Y worry MurrayPLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORMCautionary Note Regarding Forward-Looking Statements This news release and statements of NANO Nuclear's management and collaborators in connection with this news release 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", "explore," "plans", "aim," "goal," "believes", "potential", "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future. In this press release, forward-looking statements include those relating to the anticipated benefits of the Company of joining VNEC as well as the Company's development and commercial plans in the Commonwealth of Virginia. These and other 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"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary 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 U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305531 Original: NANO Nuclear Energy Joins Virginia Nuclear Energy Consortium to Advance Nuclear Innovation and Support the Commonwealth's Growing Energy Requirements
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US Market News US Market News 3 months ago
Fusion Was a Punchline - General Fusion Heated Plasma to 8.4 Million Degrees by Squeezing ItJune 30, 2026 10:05 AM
PR Newswire (US) Issued on behalf of General Fusion Inc.In a single stretch of 2026, General Fusion was named the world's top GreenTech company by TIME, reported heating plasma to millions of degrees in its innovative demonstration machine, signed a framework to bring fusion power to the Italian grid, and advanced toward becoming the first publicly traded pure-play fusion company.Equity Insider News CommentaryKey TakeawaysGeneral Fusion Inc. was ranked the world's #1 GreenTech company of 2026 by TIME (in partnership with Statista), topping a list of 250 companies with a score of 96.68, selected from more than 8,300 applicants worldwide.The company says its world-first Lawson Machine 26 ("LM26") demonstration machine, operating since early 2025, heated plasma to roughly 8.4 million degrees Celsius by mechanically compressing it, a step toward the milestones required for practical Magnetized Target Fusion.General Fusion signed a framework agreement with Renexia S.p.A. to explore deploying its fusion technology in Italy, an early move from the laboratory toward the commercial power grid.The company is advancing toward becoming the first publicly traded pure-play fusion company through a proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), expected to trade on the Nasdaq under the ticker "GFUZ" upon consummation of the transaction.The move arrives as next-generation energy names, including NuScale Power Corporation (NYSE: SMR), Oklo (NYSE: OKLO), NANO Nuclear Energy (NASDAQ: NNE), and Centrus Energy (NYSE: LEU), draw investor attention amid AI-driven electricity demand.From Punchline to Proof PointsVANCOUVER, BC, June 30, 2026 /PRNewswire/ -- For half a century, commercial fusion has carried a punchline: it is always "twenty years away." The physics is the closest thing humanity has to a perfect energy source. It is the reaction that powers the sun, fueled by hydrogen, producing no carbon emissions and no long-lived radioactive waste, but turning it into electricity on the grid has defeated generations of scientists. What has changed for General Fusion Inc. is that, across a remarkable run in 2026, the Vancouver-based company has begun replacing the punchline with proof points: a top global ranking, an operating demonstration machine posting real results, a first step toward the commercial grid, and a path to the public markets. Taken together, they reframe a decades-old "someday" into a story built on milestones, hardware, and execution.  A No. 1 Ranking That Signals CredibilityThe headline acknowledgment came from TIME. On June 9, 2026, General Fusion was ranked number one on TIME's list of the World's Top GreenTech Companies of 2026, produced in partnership with Statista. The company topped a field of 250 ranked companies with a score of 96.68, selected from more than 8,300 applicants worldwide. The company said the recognition reflects both the innovation behind its fusion technology and the execution it has shown as it pushes toward commercialization.That kind of outside signal matters in a field as hard to handicap as fusion. The opportunity is enormous if anyone can deliver reliable, zero-carbon baseload electricity at scale, but the sector has spent decades burdened by long timelines and skepticism. A high-profile ranking does not solve the engineering challenge, but it does provide a credible third-party marker that General Fusion is being taken seriously as one of the leading names in the field. "Being named TIME's top GreenTech company of 2026 is a testament to the incredible work of our team and a recognition of our innovative approach to transforming the world's energy supply through fusion energy," said General Fusion CEO Greg Twinney, while emphasizing that practical fusion will depend on disciplined investment and a clear path to commercialization.The Big Idea: Magnetized Target FusionMost fusion approaches that make headlines fall into two camps: massive tokamaks that use powerful superconducting magnets to confine superheated plasma, or laser-driven systems that implode tiny fuel pellets. Both are scientifically remarkable, and both are extraordinarily expensive and complex. General Fusion is pursuing a different path, Magnetized Target Fusion, or MTF, designed to achieve fusion without relying on either banks of high-powered lasers or large superconducting magnets. Instead, the approach mechanically compresses magnetized plasma, which the company argues can be done with more conventional, durable materials and at lower cost.That practical-engineering angle is central to the investment story. Fusion has always captured attention because of its potential to deliver clean, abundant energy, but General Fusion's pitch is that the winner may not be the company with the most elegant physics on paper. It may be the one that can build something durable, repeatable, and economically viable enough to plug into the real-world power system.LM26: The Machine and the 8.4-Million-Degree ResultThe company's central proof point is hardware, not just theory. In early 2025, General Fusion said it designed, built, and began operating its world-first MTF demonstration machine, Lawson Machine 26, or LM26, in under two years, describing it as the first MTF demonstration machine built at a commercially relevant scale. According to the company, LM26 mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter based on current design parameters.In 2026, the program produced a tangible result that gives the story physical substance: General Fusion reported that, by mechanically squeezing the plasma, LM26 heated it to approximately 8.4 million degrees Celsius (on the order of 0.72 keV), reporting a more-than-threefold increase in plasma electron temperature through compression. The company has framed LM26's roadmap as a sequence of milestones: plasma heating to 1 keV, then 10 keV, and ultimately the Lawson criterion, the combination of conditions needed to produce net fusion energy in the plasma. That sequence is what turns an abstract ambition into a trackable series of technical checkpoints. It does not remove the technical risk, but it gives the story a far more tangible shape than concept slides alone.Advancing Towards Commercial Deployment: The Renexia Framework in ItalyIf LM26 is the proof that the physics is advancing, General Fusion's framework agreement with Italy's Renexia S.p.A. is the first visible step toward where fusion ultimately has to land: the commercial power grid. Renexia, part of the Toto Group, is an Italian renewable-energy developer, and the framework agreement contemplates exploring the deployment of General Fusion's magnetized target fusion technology in Italy through a milestone-based, multi-phase approach. The company has described the arrangement as a framework, a structured but non-binding step, rather than a final construction contract.Still, the strategic signal is meaningful. Moving from a demonstration machine in British Columbia toward a named commercial-deployment pathway in Europe is exactly the kind of progression a fusion developer needs to show if it wants investors to believe the technology has the potential to travel from the laboratory to the energy market. "This agreement with Renexia represents another meaningful step toward exporting our practical fusion energy technology, developed in Canada, to the world," General Fusion's leadership framed the effort, while Renexia's management pointed to fusion's potential role in Italy's long-term decarbonization. As with every milestone here, execution over time, not the announcement itself, is what will ultimately matter.The Public-Markets Path: A Roughly US$1 Billion TransactionWhat turns this from a science story into a market story is the deal. In January 2026, General Fusion entered into a business combination agreement with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a special-purpose acquisition company focused on power infrastructure and decarbonization. The transaction implies an approximately US$1 billion pro-forma equity value, inclusive of a roughly US$108 million committed and oversubscribed PIPE financing and up to US$230 million of Spring Valley's trust capital, assuming no redemptions. If completed, the company says the combined entity would trade on the Nasdaq under the ticker "GFUZ," making General Fusion, by its account, the first publicly traded pure-play fusion company, a milestone that could bring a new class of retail investors into a sector that has largely remained private.There is notable pedigree on the sponsor side. The Spring Valley team has, by its own account, raised roughly US$920 million across four IPOs over five years, and one of its earlier vehicles previously completed the business combination that took small-modular-reactor developer NuScale Power Corporation public, placing the General Fusion transaction in a recognizable clean-energy SPAC lineage. That pedigree should be weighed against the inherent risks of any pre-revenue, pre-commercialization business going public through a SPAC, a structure where outcomes depend on closing conditions, redemptions, financing, and a long road of technical execution still ahead. The transaction remains subject to shareholder and regulatory approvals and customary closing conditions, as detailed in the SEC filings referenced below.The Demand Backdrop: Why Fusion's Moment May Be ArrivingThe context behind all of this is a once-in-a-generation surge in electricity demand. The International Energy Agency has projected global electricity demand could grow on the order of 40% to 50% by 2035, driven by artificial-intelligence data centers, broad electrification, and industrial growth. That is not a gentle increase; it is a structural step-change forcing utilities, governments, and technology giants to hunt for new sources of firm, clean, baseload power, the kind that runs day and night regardless of weather. Fusion is the ultimate prize in that search: unlike fission, it does not rely on splitting heavy atoms or produce the same long-lived waste; unlike wind and solar, it is not intermittent. The collision of soaring demand and abundant capital has pulled next-generation energy toward the public markets and opened the door even to pre-revenue developers.The Next-Generation Energy Names Investors Are WatchingGeneral Fusion would be a genuine rarity as a publicly traded pure-play fusion company. There are almost no direct listed comparisons, which is part of the appeal and part of the risk. In practice, the market tends to group fusion with the broader advanced-nuclear and next-generation energy trade, where a handful of public names serve as proxies for investor enthusiasm. The following comparisons are provided for illustrative and contextual purposes only; these companies pursue different technologies, are at different stages, and several are far larger and more established than a pre-revenue fusion developer. Investors should not assume General Fusion will achieve comparable results, valuations, or outcomes.NuScale Power Corporation (NYSE: SMR) is the most directly relevant reference point, and not only as one of the best-known public proxies for next-generation nuclear. NuScale was itself taken public through an earlier Spring Valley business combination, the same sponsor family now behind the General Fusion transaction. As a small-modular-reactor developer with a U.S. Nuclear Regulatory Commission-approved design, it has reported roughly US$1 billion in liquidity in early 2026 and continued progress on large U.S. deployment programs. Oklo Inc. (NYSE: OKLO) has become one of the most visible advanced-nuclear names, pursuing compact fast-reactor designs and working through NRC licensing with ambitions to bring a commercial unit online later this decade.NANO Nuclear Energy Inc. (NASDAQ: NNE) rounds out the advanced-reactor cohort as a closely watched microreactor and advanced-fission developer, an earlier-stage, smaller-capitalization name illustrating the breadth of investor appetite, and the volatility, across the advanced-energy spectrum. Centrus Energy Corp. (NYSE: LEU) approaches the theme from the fuel-supply side, producing and seeking to expand domestic enrichment capacity, including the high-assay low-enriched uranium (HALEU) many advanced reactors will require, a "picks-and-shovels" angle on the build-out. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance.Why This Story Can TravelThe reason this General Fusion story resonates is that it taps several narratives at once: a clean-energy story, a climate story, an AI-power-demand story, a commercialization story, and a public-markets story, all in one. Crucially, the company frames fusion as an engineering and execution challenge, not a guaranteed breakthrough, a balance that keeps the narrative grounded while preserving what makes fusion compelling in the first place. For investors who have spent years hearing that fusion is always two decades away, the past several months offer a cleaner framework for following the story: outside recognition from TIME, a named machine posting real temperature results, a first commercial-deployment framework in Europe, and a defined route toward the public markets. That does not make the company low-risk. Fusion remains one of the hardest technical and commercial challenges in the world, and General Fusion's own cautionary language makes that clear. But it is one of the more concrete and visible fusion narratives currently developing.What to Watch From HereFor investors tracking the story, the near-term markers are clear: the progress of the LM26 program against its next temperature milestones; the development of the Renexia framework in Italy from framework toward defined project phases; and the path of the proposed business combination with Spring Valley Acquisition Corp. III through its remaining shareholder and regulatory steps toward a targeted mid-2026 close. The substance behind the story is the technical execution; the market mechanism is the transaction. Both will be tested in the months ahead, and whether or not fusion finally beats its decades-old reputation, General Fusion has put itself, and soon potentially public investors, at the center of the attempt. More on the company's technology and approach is available on the General Fusion homepage.SIGNAL OVER NOISESignal over noise. Fusion, advanced-nuclear, and clean-energy headlines move fast, and the crowd often moves first. Eagle Eye is a real-time investor signal-intelligence platform that surfaces sentiment shifts, news flow, and trending tickers as they happen, so you see the move forming instead of reading about it later. See it at eagle-eye.dev.CONTACT
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info @acblanke1SOURCES[1] General Fusion Inc., "General Fusion Named World's Top GreenTech Company of 2026 by TIME" (June 9, 2026; TIME #1 ranking, score 96.68, LM26, SVAC combination, CEO Greg Twinney).
[2] General Fusion Inc. / Spring Valley Acquisition Corp. III, "General Fusion to Become First Publicly Traded Pure-Play Fusion Company…" (January 22, 2026; ~US$1B equity value, PIPE, trust, mid-2026 close, GFUZ ticker).
[3] General Fusion Inc., LM26 compressional-heating results (2026; plasma heated to ~8.4 million °C / ~0.72 keV via mechanical compression; milestone roadmap).
[4] General Fusion Inc., framework agreement with Renexia S.p.A. (Toto Group) to explore fusion deployment in Italy (2026).
[5] TIME, "World's Top GreenTech Companies of 2026" (June 9, 2026, in partnership with Statista).
[6] International Energy Agency, global electricity-demand projections (cited for ~40-50% growth by 2035).Disclaimer:This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice, nor are we licensed under U.S. or Canadian securities laws. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Nothing in this publication should be considered as personalized financial advice, and no communication by our employees to you should be deemed as personalized financial advice. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.USA News Group is a wholly-owned subsidiary of Market IQ Media Group Limited, a company incorporated under the laws of Ireland ("MIQL"). This article is being distributed by USA News Group on behalf of MIQL. MIQL, in turn, has been paid a fee for advertising and digital media by Creative Direct Marketing Group ("CDMG"). CDMG has been retained by General Fusion, pursuant to a services agreement, to provide various marketing and advertising services for an aggregate fee. This article was prepared and published pursuant to that services agreement. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQL does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III (Nasdaq: "SVAC") but reserves the right to buy and sell shares of the company at any time. We also expect further compensation as an ongoing digital media effort to increase visibility for the company. This disclaimer serves as notice that all material disseminated by MIQ has been reviewed and approved on behalf of General Fusion Inc. by CDMG; this is a paid digital media distribution.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, statements regarding the potential benefits of the framework agreement with Renexia S.p.A. ("Renexia"), including its potential to support Italy's decarbonization and energy transition objectives and to serve as a means of exporting General Fusion's technology; the settlement and execution of definitive agreements for future stages of the work program contemplated under the agreement; the intended roles and contributions of Renexia and General Fusion; the possible siting, development, funding, construction, and commissioning of one or more MTF power plants, including the evaluation, selection, and potential use of a site; the closing of the transactions (the "Proposed Business Combination") contemplated by the business combination agreement, dated January 21, 2026, among General Fusion, Spring Valley Acquisition Corp ("SVAC") and the other party thereto (as amended, the "Business Combination Agreement"); SVAC's, General Fusion's, or their respective management teams' expectations concerning General Fusion's plan to go public through the Proposed Business Combination and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; and statements regarding the current and expected results of General Fusion's LM26 program; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the management team of each of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that the General Fusion and Renexia are unable to agree on the terms of a definitive agreement for the identification and evaluation of a potential site; that General Fusion and Renexia are unable to complete due diligence and the acquisition or leasing of any proposed site; that General Fusion and Renexia are thereafter unable to agree on the scope, timing, budgets and other terms for the development, permitting, funding, construction, and commissioning of an MTF power plant in Italy; that General Fusion and Renexia are unable to negotiate and enter into definitive agreements with third parties in connection with the funding, permitting, construction, commissioning, and operation of an MTF power plant in Italy; that General Fusion and Renexia are unable to secure required capital, permits, approvals, equipment, and services; that demand, interest, and the regulatory environment for fusion energy in Italy develop in a manner adverse to the objectives of the agreement; that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC's securities; the risk that the conditions to the consummation of the Proposed Business Combination, including the adoption of the Business Combination Agreement by the shareholders of SVAC and General Fusion and the receipt of regulatory approvals are not satisfied or waived; the risk that there occurs any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; the risk that the announcement or pendency of the Proposed Business Combination has a negative effect on General Fusion's business relationships, performance, and business generally; the risk that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; the risk of legal proceedings against General Fusion or SVAC related to the Proposed Business Combination; the risk that the anticipated benefits of the Proposed Business Combination are not realized; the risk that the combined entity is unable to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; the risk that the price of the combined entity's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; the risk of changes in the laws and regulations governing General Fusion's research and development activities; the risk that General Fusion fails to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; the risk of the effects of climate change, extreme weather events, water scarcity, and seismic events, and that strategies to deal with these issues are not effective; the risk that sufficient demand for fusion energy does not develop or takes longer to develop than anticipated; the risk of fluctuations in currency markets; the risk that General Fusion is unable to complete and successfully integrate any future acquisitions; the risk of increased competition in the fusion industry; the risk of supply chain disruptions and that materials are in limited supply; and the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither General Fusion nor SVAC presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed herein and in the other filings and potential filings by General Fusion, SVAC, or the combined company resulting from the proposed transaction with the U.S. Securities and Exchange Commission (the "SEC"), including those described under the heading "Risk Factors."General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as required by applicable securities laws. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements.Important Information for Investors and ShareholdersIn connection with the Proposed Business Combination, General Fusion and SVAC jointly filed with the SEC a registration statement on Form F-4 (the "Registration Statement"), which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement. On June 12, 2026, the SEC declared the Registration Statement effective and SVAC filed the definitive Proxy Statement/Prospectus (the "Proxy Statement/Prospectus") with the SEC. SVAC mailed copies of the Proxy Statement/Prospectus to SVAC's shareholders as of the record date of June 12, 2026. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion are urged to read the Proxy Statement/Prospectus, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement/Prospectus and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationGeneral Fusion, SVAC and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Proxy Statement/Prospectus and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Shareholders, potential investors and other interested persons should read the Proxy Statement/Prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. View original content to download multimedia:https://www.prnewswire.com/news-releases/fusion-was-a-punchline---general-fusion-heated-plasma-to-8-4-million-degrees-by-squeezing-it-302814644.html Original: Fusion Was a Punchline - General Fusion Heated Plasma to 8.4 Million Degrees by Squeezing It
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iHub News iHub News 3 months ago
Nano Nuclear Shares Jump on Report of Potential UAE Investment Talks (NNE)June 29, 2026 10:09 AM
IH Market News Nano Nuclear Energy Inc. (NASDAQ:NNE) shares climbed 11% on Monday after a report indicated that the company is engaged in preliminary discussions over a potential investment from a firm associated with UAE National Security Adviser Sheikh Tahnoon Bin Zayed. The rally followed a Semafor report stating that Nano Nuclear is seeking additional funding to accelerate the commercial deployment of its nuclear technologies, citing comments from Chief Executive Officer James Walker. Middle East Plans Await Regional Stability According to the report, Walker said the United Arab Emirates is eager to move the project forward, but the company has delayed key development work while waiting for the conflict involving Iran to stabilise. The report added that geopolitical tensions have postponed the selection of project sites and the completion of feasibility studies for the planned deployment of small modular reactors in the Gulf region. Company Targets Advanced Nuclear Technologies Nano Nuclear is focused on developing portable microreactor technology and advanced nuclear fuel transportation solutions designed for the next generation of nuclear energy infrastructure. The company believes its technologies could support a wide range of applications requiring compact, reliable and transportable nuclear power systems, with potential demand from both commercial and government sectors. NANO Nuclear Energy stock priceThe post Nano Nuclear Shares Jump on Report of Potential UAE Investment Talks (NNE) appeared first on US Editors. Original: Nano Nuclear Shares Jump on Report of Potential UAE Investment Talks (NNE)
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US Market News US Market News 3 months ago
NANO Nuclear's KRONOS MMR(TM) Program Advances as U.S. NRC Initiates Formal Review Activities with University of Illinois Urbana-Champaign and NANO Nuclear EnergyJune 25, 2026 6:05 AM
NewsfileMeeting with NRC kicks off review activities and marks continued regulatory progress following acceptance of the KRONOS MMR(TM) Construction Permit Application and supports previously disclosed expectations for initial construction activities to begin in the second half of 2027New York, New York--(Newsfile Corp. - June 25, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced continued progress in the U.S. Nuclear Regulatory Commission's ("NRC") review of the Construction Permit Application ("CPA") for deployment of NANO Nuclear's KRONOS MMR™ Energy System at the University of Illinois Urbana-Champaign ("U. of I.").On June 23, 2026, the NRC publicly announced that it had met with representatives from U. of I. and NANO Nuclear to mark the start of its review of the CPA and the planned KRONOS MMR™ research reactor project on the U. of I. campus. The meeting follows the agency's formal acceptance of the KRONOS MMR™ CPA for review on May 18, 2026. Acceptance of the CPA initiated the NRC's formal environmental, safety and technical review process for the planned deployment of the KRONOS MMR™ system at U. of I., representing a major advancement toward regulatory licensing, construction and future deployment of the reactor system.The meeting also provided additional visibility into NRC's anticipated review schedule, indicating that the environmental assessment is expected to be completed in the Spring of 2027 and the safety evaluation in early Fall of 2027. NANO Nuclear believes these projected review milestones are consistent with the Company's previously disclosed expectation, announced following NRC acceptance of the CPA, that the formal NRC review process could be completed during 2027, providing the opportunity for initial construction activities on the U. of I. campus to commence during the second half of 2027, subject to regulatory approvals and other customary project requirements.NANO Nuclear believes the commencement of formal NRC review activities further reinforces the KRONOS MMR™ system's position as the first commercially-ready microreactor developer and among a select group of advanced reactor programs progressing through the formal U.S. regulatory licensing process and highlights the Company's broader strategy of accelerating commercialization through regulatory engagement, engineering advancement and strategic partnerships.Figure 1: Representatives from the U.S. Nuclear Regulatory Commission, University of Illinois Urbana-Champaign and NANO Nuclear Energy during the NRC review kickoff meeting announced on June 23, 2026. Credit: U.S. Nuclear Regulatory Commission.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/302830_db7aca41746ea966_002full.jpg"The commencement of formal NRC review activities represents an important progression in the licensing process for the KRONOS MMR™ system," said Milos Atz, Director of Safety Analysis at NANO Nuclear Energy. "With the Construction Permit Application now under formal review, NRC staff can begin detailed evaluation of the environmental, safety and technical information supporting the proposed deployment at the University of Illinois. We view this latest engagement as another indication that the project is advancing through the regulatory process as anticipated, and we look forward to continuing our support of the NRC review activities in the months ahead.""The NRC's announcement that review activities are now underway demonstrates continued forward momentum for the KRONOS MMR™ program following acceptance of the Construction Permit Application," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "We are encouraged that the review schedule outlined by the NRC appears generally consistent with the timeline assumptions we previously communicated following acceptance of the application. Our team remains focused on supporting the NRC review process, advancing engineering activities and continuing preparations necessary to position the project for successful deployment at the University of Illinois. We believe each step forward in the regulatory process further strengthens KRONOS MMR™'s position among the most advanced commercially focused microreactor programs in the United States."KRONOS MMR™, NANO Nuclear's lead microreactor project, is a proprietary, stationary, high-temperature gas-cooled microreactor under development, designed to provide clean, reliable energy for applications including data centers, industrial facilities, remote communities and mining projects, military installations and process heat applications across a variety of end markets.About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American 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 and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, 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, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. 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. 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 the LOKI MMR™ system and other 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 @Y worry MurrayPLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORMCautionary Note Regarding Forward-Looking Statements This news release and statements of NANO Nuclear's management and collaborators in connection with this news release 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", "explore," "plans", "aim," "goal," "believes", "potential", "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future. In this press release, forward-looking statements include those relating to the timeline for the NRC's review of the CPA and the anticipated commencement of construction the KRONOS MMR™ prototype at the U. of I., as well as statements regarding the Company's development, regulatory and commercial plans generally. These and other 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"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S. nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary 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 U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302830 Original: NANO Nuclear's KRONOS MMR(TM) Program Advances as U.S. NRC Initiates Formal Review Activities with University of Illinois Urbana-Champaign and NANO Nuclear Energy
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US Market News US Market News 4 months ago
Fusion Was Always "Twenty Years Away." One Company Is Betting the Wait Is Over -- and Taking It Public.June 17, 2026 8:56 AM
PR Newswire (Canada) Issued on behalf of General Fusion Inc.As AI and electrification send power demand soaring, the race to commercialize fusion has collided with the public markets — and the company TIME just ranked the World's Top GreenTech company is heading for the Nasdaq.NEW YORK, June 17, 2026 /CNW/ -- USA News Group News Commentary — For half a century, commercial fusion energy has carried a punchline: it is always "twenty years away." The physics is the closest thing humanity has to a perfect energy source — the reaction that powers the sun, fueled by hydrogen, producing no carbon emissions and no long-lived radioactive waste — but turning it into electricity on the grid has defeated generations of scientists and cost billions of dollars. What is changing now is not just the science. It is the timing, the money, and the markets. Electricity demand is surging, capital is flooding toward next-generation energy, and for the first time investors are being offered a way to own a fusion pure-play on a public exchange. At the center of that shift is General Fusion Inc., a Vancouver-based company that has spent more than two decades chasing practical fusion — and which, on June 9, 2026, was ranked number one on TIME's list of the World's Top GreenTech Companies of 2026. The recognition landed at a pivotal moment: General Fusion is advancing toward becoming the first publicly traded pure-play fusion company through a proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a transaction expected to list the combined company on the Nasdaq under the ticker "GFUZ."Key Takeaways General Fusion was ranked the world's #1 GreenTech company of 2026 by TIME (in partnership with Statista), topping a list of 250 companies with a score of 96.68 — recognition for its innovation in fusion-energy. The company is planning to go public via a proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), with the combined company expected to trade on the Nasdaq under the ticker "GFUZ" — positioning it, by the company's account, as the first publicly traded pure-play fusion company. The deal implies an approximately US$1 billion pro-forma equity value, including a roughly US$108 million committed and oversubscribed PIPE plus up to US$230 million of SVAC trust capital (assuming no redemptions), and is targeted to close in mid-2026, subject to shareholder and regulatory approvals. General Fusion's Magnetized Target Fusion ("MTF") approach is designed to avoid the superconducting magnets and high-powered lasers other approaches rely on — and its world-first Lawson Machine 26 ("LM26") demonstration machine has been operating since early 2025. The move arrives as a wave of next-generation energy names — including NuScale Power, Oklo, NANO Nuclear Energy, and Centrus Energy — draw surging investor attention amid AI-driven electricity demand.Why Fusion's Moment May Finally Be ArrivingThe backdrop to all of this is a once-in-a-generation surge in electricity demand. The International Energy Agency has projected global electricity demand could grow on the order of 40% to 50% by 2035, driven by artificial-intelligence data centers, broad electrification, and industrial growth. That is not a gentle increase; it is a structural step-change that is forcing utilities, governments, and technology giants to hunt for new sources of firm, clean, baseload power — the kind that runs day and night regardless of weather.Fusion is the ultimate prize in that search. Unlike conventional nuclear fission, it does not rely on splitting heavy atoms and does not produce the same long-lived radioactive waste; unlike wind and solar, it is not intermittent. The catch has always been that achieving and sustaining the conditions for fusion — and doing it at a cost that makes economic sense — is extraordinarily hard. That difficulty is exactly why a company that can credibly claim progress, and pair it with capital, stands out. The collision of soaring demand and abundant capital has pulled next-generation energy toward the public markets and opened the door even to pre-revenue developers.What Sets General Fusion's Approach ApartMost of the fusion approaches that make headlines fall into two camps: massive tokamaks that use powerful superconducting magnets to confine superheated plasma, or laser-driven systems that implode tiny fuel pellets. Both are scientifically remarkable and both are extraordinarily expensive and complex. General Fusion is pursuing a different path called Magnetized Target Fusion, or MTF, which is designed to achieve fusion without relying on either banks of high-powered lasers or large superconducting magnets — instead using mechanical compression of magnetized plasma in a way the company argues can be built with more conventional, durable materials and at lower cost.The company's central proof point is hardware, not just theory. In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first MTF demonstration machine —LM26 — in under two years. The LM26 program is intended to pursue a series of key technical milestones on the road toward demonstrating the physics required for a commercially relevant fusion system. The company describes its broader objective as commercializing fusion on a practical timeline, with commercial operations referenced in public reporting around the mid-2030s. None of that guarantees success — fusion remains one of the hardest engineering challenges in the world — but visible, operating hardware is precisely the kind of evidence that separates a credible developer from a slide deck.The Public-Markets Path: A US$1 Billion BetWhat makes this a market story and not just a science story is the deal. In January 2026, General Fusion entered into a definitive business combination agreement with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a special-purpose acquisition company focused on power infrastructure and decarbonization. The transaction implies an approximately US$1 billion pro-forma equity value, inclusive of roughly US$108 million from a committed and oversubscribed PIPE financing and up to US$230 million of Spring Valley Acquisition Corp. III's trust capital, assuming no redemptions. Spring Valley set a record date of June 12, 2026, and a meeting date of July 6, 2026, for its extraordinary general meeting of shareholders. If the Spring Valley and General Fusion securityholders vote to approve the proposed business combination, the transaction is expected to close shortly thereafter, subject to the satisfaction of customary closing conditions. There is a notable pedigree on the sponsor side. The Spring Valley team has, by its own account, raised roughly US$920 million across four IPOs over five years and played roles in creating numerous publicly traded companies — and one of the Spring Valley vehicles previously completed the business combination that took small-modular-reactor developer NuScale Power Corporation public. That history places the General Fusion transaction in a recognizable clean-energy SPAC lineage. Investors should weigh that pedigree against the inherent risks of any pre-revenue, pre-commercialization business going public through a SPAC — a structure where outcomes depend on closing conditions, redemptions, financing, and a long road of technical execution still ahead.The Next-Generation Energy Names Investors Are WatchingGeneral Fusion would be a genuine rarity as a publicly traded pure-play fusion company — there are almost no direct listed comparisons, which is part of the appeal and part of the risk. In practice, the market tends to group fusion with the broader advanced-nuclear and next-generation energy trade, where a handful of public names serve as liquid proxies for investor enthusiasm. The following peer comparisons are provided for illustrative and contextual purposes only; these companies pursue different technologies, are at different stages, and several are far larger and more established than a pre-revenue fusion developer. Investors should not assume that General Fusion will achieve comparable results, valuations, or outcomes.NuScale Power Corporation (NYSE: SMR) is the most directly relevant reference point — and not only because it is one of the best-known public proxies for next-generation nuclear. NuScale was itself taken public through an earlier Spring Valley business combination, the same sponsor family now behind the General Fusion transaction. As the small-modular-reactor developer with a U.S. Nuclear Regulatory Commission-approved design, NuScale reported roughly US$1 billion in liquidity in early 2026 and continued progress on large U.S. deployment programs, illustrating both the opportunity and the patience required in advanced nuclear.Oklo Inc. (NYSE: OKLO) has become one of the most visible publicly traded advanced-nuclear names, pursuing compact fast-reactor designs and working through the U.S. Nuclear Regulatory Commission licensing process with ambitions to bring a commercial unit online later this decade. Backed by prominent technology investors, Oklo has been a focal point of the new-nuclear conversation and a barometer for how aggressively the market is willing to value pre-revenue energy developers with long commercialization timelines.NANO Nuclear Energy Inc. (NASDAQ: NNE) rounds out the advanced-reactor cohort as a closely watched microreactor and advanced-fission developer. As an earlier-stage, smaller-capitalization name riding the same nuclear-renaissance tailwinds, NANO Nuclear illustrates the breadth of investor appetite across the advanced-energy spectrum — from established designs down to emerging developers — and the volatility that tends to come with it.Centrus Energy Corp. (NYSE: LEU) approaches the theme from the fuel-supply side, producing and seeking to expand domestic enrichment capacity — including the high-assay low-enriched uranium (HALEU) that many advanced reactors will require. As a "picks-and-shovels" play on the nuclear build-out, Centrus underscores that the next-generation energy opportunity spans not just reactor and fusion developers but the entire supply chain feeding them. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance.What to Watch From HereFor investors tracking the story, the near-term markers are clear. The defining events are the closing of the proposed business combination, targeted for mid-2026 and subject to shareholder and regulatory approvals, the effectiveness of the registration statement, and the level of SVAC shareholder redemptions — all of which affect how much capital ultimately reaches the combined company. Beyond the deal, the technical milestones of the LM26 program are the substance behind the story; progress there is what would validate the company's claim that practical fusion is closer than the decades-old punchline suggests.It is essential to keep the risks in full view. General Fusion is a pre-revenue, pre-commercialization company pursuing one of the hardest goals in science, on a timeline that stretches years into the future. A SPAC combination carries its own set of uncertainties, from closing conditions to financing to post-listing volatility. But the convergence is undeniably striking: a company with two decades of work and operating hardware, a top global greentech ranking, a roughly US$1 billion public-markets transaction, and a wave of capital chasing the clean, firm power that an AI-hungry world increasingly demands. Whether or not fusion finally beats its thirty-year reputation, General Fusion has put itself — and soon, public investors — at the center of the attempt.SEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time — and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.devCONTACT:USA News Group
info @acblanke1SOURCES:[1] General Fusion Inc. — "General Fusion Named World's Top GreenTech Company of 2026 by TIME" (GlobeNewswire, June 9, 2026; TIME #1 ranking, CEO Greg Twinney quote, LM26, SVAC combination):
https://www.globenewswire.com/news-release/2026/06/09/3309349/0/en/General-Fusion-Named-World-s-Top-GreenTech-Company-of-2026-by-TIME.html[2] General Fusion Inc. / Spring Valley Acquisition Corp. III — "General Fusion to Become First Publicly Traded Pure-Play Fusion Company…" (GlobeNewswire, Jan 22, 2026; ~US$1B equity value, US$105M PIPE, US$230M trust, mid-2026 close, GFUZ ticker):
https://www.globenewswire.com/news-release/2026/01/22/3223682/0/en/General-Fusion-to-Become-First-Publicly-Traded-Pure-Play-Fusion-Company-Through-Business-Combination-with-Spring-Valley-Acquisition-Corp-III.html[3] TIME — "World's Top GreenTech Companies of 2026" (June 9, 2026; General Fusion ranked no. 1, MTF description):
https://time.com/article/2026/06/09/world-top-greentech-companies-2026/[4] Spring Valley Acquisition Corp. III — SEC Form 425 / business-combination disclosures (NewCo amalgamation, redomicile to British Columbia, Nasdaq listing, LM26 funding):
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0002074850&type=425[5] PR Newswire / Equity Insider — "The $1 Billion Bet to Take Fusion Public" (June 3, 2026; IEA electricity-demand projection; peer names SMR, OKLO, LEU, NNE):
https://www.prnewswire.com/news-releases/the-1-billion-bet-to-take-fusion-public-302790359.htmlDisclaimer:This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice, nor are we licensed under U.S. or Canadian securities laws. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Nothing in this publication should be considered as personalized financial advice, and no communication by our employees to you should be deemed as personalized financial advice. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ, in turn, has been paid a fee for advertising and digital media by Creative Direct Marketing Group ("CDMG"). CDMG has been retained by General Fusion, pursuant to a services agreement, to provide various marketing and advertising services for an aggregate fee. This article was prepared and published pursuant to that services agreement. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQ does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III (NASDAQ: "SVAC") but reserves the right to buy and sell shares of the company at any time. We also expect further compensation as an ongoing digital media effort to increase visibility for the company. This disclaimer serves as notice that all material disseminated by MIQ has been reviewed and approved on behalf of General Fusion Inc. by CDMG; this is a paid digital media distribution. Eagle Eye is a free investor-signal research tool owned and operated by MIQ; references to it in this article are promotion of an MIQ product, not independent endorsement, and Eagle Eye does not provide investment advice.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVAC, General Fusion Inc.'s ("General Fusion"), or their respective management teams' expectations concerning General Fusion's plan to go public through a business combination with SVAC (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of General Fusion's LM26 program; the ability to execute General Fusion's strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC's securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the adoption of the business combination agreement, dated January 21, 2026, among General Fusion, SVAC, and the other party thereto (the "Business Combination Agreement") by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion's business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; (xii) laws and regulations governing General Fusion's research and development activities, and changes in such laws and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General Fusion's ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of SVAC's final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the "Final Prospectus"); the risks described in the joint registration statement on Form F-4 filed by General Fusion and SVAC, as amended (the "Registration Statement"), or to be described in any amendment or supplement thereto; the risks described in the definitive proxy statement/prospectus filed with the SEC on June 12, 2026,or to be described in any amendment or supplement thereto; and those discussed and identified in filings made with the SEC by SVAC from time to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVAC's public filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.Important Information for Investors and ShareholdersIn connection with the Proposed Business Combination, General Fusion and SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement. On June 12, 2026, the SEC declared the Registration Statement effective and SVAC  filed the definitive Proxy Statement (the "Proxy Statement") with the SEC. On June 15, 2026, SVAC  commenced mailing copies of the Proxy Statement to SVAC's shareholders as of the record date of June 12, 2026. This document does not contain all the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationGeneral Fusion, SVAC and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Final Prospectus and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVAC's shareholders generally, is included in the Registration Statement and the Proxy Statement. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. View original content to download multimedia:https://www.prnewswire.com/news-releases/fusion-was-always-twenty-years-away-one-company-is-betting-the-wait-is-over--and-taking-it-public-302802547.html Original: Fusion Was Always "Twenty Years Away." One Company Is Betting the Wait Is Over -- and Taking It Public.
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US Market News US Market News 4 months ago
The Nuclear Company Trying to Build the Fuel-and-Reactor Stack in One ShotJune 9, 2026 8:43 AM
PR Newswire (US) Issued on behalf of Eagle Nuclear Energy Corp.Equity Insider News CommentaryRENO, Nev., June 9, 2026 /PRNewswire/ -- Plenty of nuclear stories ask investors to choose between the fuel side and the reactor side. Eagle Nuclear Energy Corp. (NASDAQ: NUCL) is trying to make the case that the more interesting long-term play may be owning both parts of the puzzle. Its latest move adds another layer to that strategy: the company has engaged Tensor Medium Corporation to support reactor simulation and optimization work tied to Eagle's small modular reactor program.  Companies mentioned: Eagle Nuclear Energy Corp. (NASDAQ: NUCL), Oklo Inc. (NYSE: OKLO), NuScale Power Corporation (NYSE: SMR), Nano Nuclear Energy Inc. (NASDAQ: NNE), Centrus Energy Corp. (NYSE: LEU)KEY TAKEAWAYSEagle just added a technical AI layer to its SMR strategy. The company has engaged Tensor Medium to support reactor simulation and optimization work tied to its small modular reactor program, including modeling, materials optimization, quantum development, and future licensing-readiness support.This is about more than software. Management is positioning the Tensor Medium engagement as part of a broader integrated nuclear platform that combines domestic uranium resources with advanced SMR technology.Aurora remains a major part of the story. Eagle says it owns the largest conventional, measured and indicated uranium deposit in the United States, including 32.75 million pounds indicated and 4.98 million pounds inferred at the Aurora deposit, while continuing to target a pre-feasibility study in the second half of 2027.The broader nuclear trade is active. Public-market interest in SMRs, advanced reactors, domestic fuel supply, and uranium infrastructure has remained elevated as policy support and electricity-demand narratives continue to drive attention across the sector.Retail investors now have a clearer angle on Eagle's story. The company is not only talking about uranium in the ground; it is also trying to show how reactor development, technical partnerships, and future licensing work could fit into a larger domestic nuclear platform.For retail investors, that matters because it makes the Eagle story easier to understand. This is no longer just a uranium-resource story or just an abstract reactor-development story. Eagle is trying to build a more integrated nuclear platform that links domestic uranium resources with advanced reactor ambitions, and the Tensor Medium engagement helps show how management wants to turn that idea into something more technically grounded.Why This Update MattersUnder the new engagement, Tensor Medium will support reactor modeling and simulation efforts for Eagle's SMR program, including reactor design support, materials optimization, quantum utilization , and support for future licensing and regulatory readiness. Eagle says those workstreams fit into its broader strategy of advancing an integrated nuclear energy platform combining domestic uranium resources with advanced SMR technology.That is important because next-generation reactor stories often rise or fall on whether investors can see a path from concept to engineering reality. Bringing in a specialist partner with expertise in AI tensor-network mathematics, physics-based simulations, and high-performance computing gives Eagle a more tangible way to talk about reactor-design optimization and future development work.CEO Mark Mukhija framed the engagement as an important step in the evolution of Eagle's SMR program and the company's broader nuclear-energy platform strategy. Tensor Medium founder Dr. Boian Alexandrov said his firm's advanced simulation and optimization capabilities are well-suited to next-generation reactor-development programs such as Eagle's initiative.The Bigger Eagle ThesisWhat separates Eagle from many other nuclear stories is that it is trying to connect upstream fuel exposure with downstream reactor ambition. The company describes itself as a next-generation nuclear energy company that combines domestic uranium exploration with exclusive rights to certain small modular reactor technologies.Eagle says it owns the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon. According to the company, that includes the Aurora deposit with 32.75 million pounds indicated and 4.98 million pounds inferred of near-surface uranium resource under an S-K 1300 Technical Report Summary, along with the adjacent Cordex deposit, which it believes could expand the overall resource inventory.That gives investors two angles to watch at once. On one side, there is the resource-development path tied to uranium and a targeted pre-feasibility study in the second half of 2027. On the other side, there is the reactor-development path, where partnerships like Tensor Medium can help shape the modeling, simulation, and optimization work needed to move an SMR concept toward something more licensable and commercially relevant.More on the company's integrated strategy, uranium assets, and SMR initiative can be found on the Eagle Nuclear homepage, the company's SMR technology page, and the Aurora Uranium Project page.Why Tensor Medium FitsTensor Medium is not being presented as a general consultant. Eagle describes the company as an advanced algorithm and artificial intelligence business focused on tensor factorization methods, high-performance computing, and physics-based simulations at the exascale level.According to the press release, Tensor Medium's work has applications across nuclear engineering, materials science, defense systems, and national security, and founder Dr. Alexandrov is a former Los Alamos National Laboratory theoretical physicist. That kind of background matters in a sector where advanced modeling, materials behavior, and licensing readiness can become just as important as the reactor concept itself.Retail investors do not need to understand every technical detail of tensor networks to understand the strategic point. Eagle is trying to show that it is surrounding its SMR program with specialist capabilities that could help refine design choices and support future development milestones.The Sector TapeEagle is entering this conversation at a time when the broader nuclear trade has been drawing renewed interest from both investors and policymakers. Rising power demand, AI-driven data-center load growth, domestic fuel security, and a broader push for clean baseload generation have all helped keep advanced nuclear names in focus.Oklo Inc. (NYSE: OKLO) has been one of the most closely watched advanced-nuclear names, with investor attention recently boosted by favorable fuel-related developments and continued focus on the company's commercial deployment plans later this decade.NuScale Power Corporation (NYSE: SMR) remains one of the best-known public SMR names. Recent market commentary has highlighted strong moves in the stock alongside broader enthusiasm for next-generation nuclear infrastructure and reactor deployment narratives.Nano Nuclear Energy Inc. (NASDAQ: NNE) has also remained in the public-market spotlight as investors look for smaller and more flexible advanced-reactor concepts. Recent commentary around government support for nuclear and a renewed push toward reactor deployment has helped keep the name on retail radar screens.Centrus Energy Corp. (NYSE: LEU) adds the fuel-cycle angle to the comp set. The company is strategically important because it operates the only U.S.-owned, NRC-licensed facility producing HALEU in the United States, placing it near the center of the domestic fuel-supply conversation that underpins many advanced-reactor and SMR narratives.Why Retail Investors May CareThere is a simple reason Eagle's story can resonate with retail investors: it offers exposure to multiple areas of the domestic nuclear value chain. If the uranium side strengthens with domestic supply urgency, Eagle has a large in-ground resource narrative. If the SMR side gains traction, the company can point to technical partnerships and reactor-development workstreams that support a broader nuclear-platform strategy.That does not remove risk. Eagle's own cautionary language makes clear that future licensing, permitting, technical validation, capital needs, and commercialization timelines remain uncertain. But the latest Tensor Medium engagement gives the market a more concrete sign that Eagle is trying to put real engineering infrastructure around its reactor ambitions instead of leaving the story at a high level.For investors following the resurgence in domestic nuclear development, that combination of uranium exposure and SMR optionality is what makes Eagle a name worth watching. Additional company information is available on the Eagle Nuclear homepage.About Eagle Nuclear Energy Corp.Eagle Nuclear Energy Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with exclusive rights to certain small modular reactor technologies. The company says it owns the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon, including the Aurora and Cordex deposits.The company is advancing its flagship Aurora Uranium Project toward a pre-feasibility study currently targeted for the second half of 2027 while also pursuing broader SMR development initiatives. Additional company information is available on the Eagle Nuclear homepage and the company's Aurora Uranium Project page.Eagle EyeSEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time—and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.dev.Contact
Equity Insider
info@equity-insider.comDisclaimer: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.... USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. The owner/operator of MIQ currently owns shares of Eagle Nuclear Energy Corp. that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Eagle Nuclear Energy Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Eagle Nuclear Energy Corp. by CDMG; this is a digital media distribution.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Logo: https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg  View original content:https://www.prnewswire.com/news-releases/the-nuclear-company-trying-to-build-the-fuel-and-reactor-stack-in-one-shot-302795269.htmlSOURCE Equity Insider Original: The Nuclear Company Trying to Build the Fuel-and-Reactor Stack in One Shot
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US Market News US Market News 4 months ago
The $1 Billion Bet to Take Fusion PublicJune 3, 2026 10:47 AM
PR Newswire (Canada) Issued on behalf of General Fusion Inc.VANCOUVER, BC, June 3, 2026 /CNW/ -- Equity-Insider.com News Commentary — Fusion has been "thirty years away" for half a century — but the calculus is changing fast. The International Energy Agency projects global electricity demand will grow roughly 40% to 50% by 2035, driven in part by artificial-intelligence data centers, electrification, and industrial growth[1]. That surge has pulled next-generation energy toward the public markets and opened the door to pre-revenue developers; General Fusion's own move is a roughly US$1 billion transaction that is expected to make it, by the company's account, the first publicly traded pure-play fusion company[2]. That collision of demand and capital is pulling General Fusion Inc., NuScale Power Corporation (NYSE: SMR), Oklo Inc. (NYSE: OKLO), Centrus Energy Corp. (NYSE: LEU), and NANO Nuclear Energy Inc. (NASDAQ: NNE) into the spotlight. The transaction terms are concrete. The business combination implies a pro-forma equity value of approximately US$1 billion, inclusive of a committed and oversubscribed private placement (PIPE) of about US$107.7 million from institutional investors and roughly US$230 million of Spring Valley's trust capital, assuming no redemptions[2]. General Fusion has raised more than US$400 million to date from institutional investors, strategics, venture-capital firms, industry partners, and government grants, and intends to use the proceeds to advance its Lawson Machine 26 (LM26) demonstration program and steps toward a first commercial plant[2].General Fusion announced on June 1, 2026 that its leadership team will participate in a series of major investor and industry conferences throughout June — a coming-out tour in advance of its anticipated listing on the Nasdaq. The Vancouver-based company, led by CEO Greg Twinney, is preparing to go public through a business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a transaction targeted to close in mid-2026, after which the combined company is expected to trade under the ticker "GFUZ."Founded in 2002, General Fusion is one of the oldest privately funded fusion ventures in the world, backed by a global syndicate of energy venture-capital firms, industry leaders, and technology pioneers. Its approach, called Magnetized Target Fusion ("MTF"), mechanically compresses a magnetized plasma using a liquid-lithium liner — deliberately avoiding the enormous superconducting magnets of tokamaks and the high-powered lasers of inertial-confinement designs. The pitch is practicality: machines built from existing materials that could produce cost-effective energy, rather than experiments that never leave the national lab.The June schedule is dense. General Fusion plans to participate in Stifel's Ninth Annual Boston Cross Sector 1x1 Conference on June 2–3 in Boston; to attend the 16th Annual ROTH London Conference in London from June 16–18; and — the marquee appearance — to put Chief Strategy Officer Megan Wilson on stage at FusionX:Americas in Boston, June 9–11. Wilson is slated for a fireside chat with George Gianarikas, Managing Director at Canaccord Genuity, on June 9 at 5:00 p.m. ET, in a discussion centered on the evolving role of public markets in advancing fusion energy."Fundamentally, our plan has been underpinned by our focus on practical commercial fusion power, and our philosophy that we need to methodically buy down risk by demonstrating real results. That has not changed," Chief Strategy Officer Megan Wilson said, adding "What this transaction gives us now is that we are in growth mode." [5] The substance behind that push is General Fusion's Lawson Machine 26 (LM26), which the company announced in early 2025 as the world's first MTF demonstration machine built at a commercially relevant scale — compressing plasma with a lithium liner at 50% of commercial-scale diameter, built in under two years. LM26's milestones read like a roadmap: heat plasma to 1 keV (10 million degrees Celsius), then to 10 keV (100 million degrees Celsius), and ultimately to reach the Lawson criterion, the threshold conditions for net fusion energy in the plasma.Crucially, General Fusion's path to market runs through a SPAC sponsor with a specific track record in this lane. Spring Valley has raised roughly $920 million across four IPOs, and its earlier vehicles took NuScale Power Corporation and Eagle Nuclear Energy Corp. public — the same sponsor network now backing a fusion debut and the team that brought Renewable Energy Group public at $10 and sold to Chevron for $61.50 in a ~$3 billion sale. The company has not built a commercial reactor that produces net energy, and it has publicly targeted a first-of-a-kind plant for the mid-2030s; the conference circuit marks its transition from a private research company to a public one.CONTINUED… Read this and more on General Fusion at: GeneralFusion.comOther industry developments and happenings in the market include:NuScale Power Corporation (NYSE: SMR) reported first-quarter 2026 results highlighted by $1.0 billion in liquidity and continued momentum on the largest nuclear deployment program in U.S. history — up to 6 gigawatts of NuScale small modular reactor capacity being planned by its strategic partner ENTRA1 Energy with the Tennessee Valley Authority. Shareholders of Romania's Nuclearelectrica also approved advancing the next phase of the RoPower project, a six-module plant at a former coal site in Doicesti."We ended the first quarter with $1 billion in liquidity, expanded our supply chain partnership with Framatome and saw continued progress on the TVA program," said John Hopkins, President and CEO of NuScale Power. "We are building the infrastructure that this pivotal moment requires." As the only small modular reactor developer with a U.S. Nuclear Regulatory Commission-approved design, NuScale carries a first-mover regulatory advantage — and, like General Fusion, has partnered with Spring Valley to reach the public markets.Oklo Inc. (NYSE: OKLO), the fast-fission developer co-founded and led by Jacob DeWitte, continued de-risking its Aurora powerhouse after the NRC approved the project's Principal Design Criteria, with commercial deployment at Idaho National Laboratory targeted for late 2027. The company was also among five selected by the U.S. for advanced talks on using surplus government plutonium as reactor fuel.DeWitte described that material as a potential "bridge fuel" that could help "bring more reactors online sooner." With CEO Jacob DeWitte appointed to the President's Council of Advisors on Science and Technology, Oklo has become a bellwether for how much investors will pay for a compelling pre-commercial energy story — the high-momentum end of the advanced-nuclear trade that General Fusion is now planning to enter.Centrus Energy Corp. (NYSE: LEU) reported first-quarter 2026 net income of $10.0 million and raised its full-year revenue guidance, underpinned by a commercial low-enriched-uranium backlog it has pegged at roughly $2.3 billion, a federally backed $900 million high-assay low-enriched uranium (HALEU) enrichment award, and a multi-billion-dollar enrichment-plant expansion in Piketon, Ohio."The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale," said Amir Vexler, President and CEO of Centrus. Unlike the pre-revenue developers, Centrus already generates real cash flow — a reminder that parts of the nuclear-renaissance trade are further along the commercialization curve than others.NANO Nuclear Energy Inc. (NASDAQ: NNE) reported second-quarter fiscal 2026 results alongside the formal submission of a Construction Permit Application to the U.S. NRC for its first full-scale KRONOS MMR microreactor prototype at the University of Illinois, supported by a working-capital position of roughly $566 million."The formal submission of the Construction Permit Application to the U.S. NRC for our first full-scale KRONOS MMR system prototype… marked a major milestone as the program advances from engineering into construction readiness," said James Walker, CEO of NANO Nuclear. Like General Fusion, NANO is a pre-commercial company whose value rests on technology that has yet to reach the market — the closest peer in risk profile, if not in physics.FURTHER READING: General Fusion — Investor CenterTRACK THE TREND WITH EAGLE EYE:To help investors track sentiment and market-forum activity around developing stories like this one, MIQ offers Eagle Eye, a free investor-signal tool that scans market-forum discussion for emerging trends. It is available to everyone at eagleye.usanewsgroup.com as a research aid — not investment advice — to help investors make more informed decisions.CONTACT:EQUITY INSIDER
info @therooster-2873DISCLAIMER:This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions.This article is distributed by Equity Insider on behalf of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for General Fusion Inc. ("General Fusion") advertising and digital media distribution by Creative Direct Marketing Group ("CDMG"). MIQ does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III ("SVAC") but reserves the right to buy and sell shares of the company at any time. Eagle Eye is a free investor-signal research tool owned and operated by MIQ; references to it in this article are promotion of an MIQ product, not independent endorsement, and Eagle Eye does not provide investment advice.Certain statements in this article constitute "forward-looking information," including statements regarding the proposed business combination with Spring Valley Acquisition Corp. III and its timing, approvals, and financing; the future Nasdaq listing of the combined company; the General Fusion MTF technology and the LM26 program and its milestones; commercialization timelines; the conferences described; and the markets for fusion and advanced-nuclear energy. Such statements are subject to risks and uncertainties — including the risk the business combination may not close on the expected timeline or at all, failure to satisfy closing conditions or obtain approvals, financing and dilution risk, the early-stage and unproven nature of the technology, the risk that net fusion energy is not achieved, regulatory risk, competition, and other factors — that could cause actual results to differ materially. Readers are advised not to place undue reliance on forward-looking information. Comparable companies referenced herein are independent, publicly traded third parties included for industry context; certain of them were identified as peers in General Fusion's own public deal materials. Their inclusion is not a recommendation, and MIQ has no business relationship with them.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVAC's, General Fusion's, or their respective management teams' expectations concerning General Fusion's plan to go public through a business combination with SVAC (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of General Fusion's LM26 program; the ability to execute General Fusion's strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC's securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the adoption of the business combination agreement, dated January 21, 2026, among General Fusion, SVAC, and the other party thereto (the "Business Combination Agreement") by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion's business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; (xii) laws and regulations governing General Fusion's research and development activities, and changes in such laws and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General Fusion's ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of SVAC's final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the "Final Prospectus"); the risks described in the joint registration statement on Form F-4 filed by General Fusion and SVAC, as amended (the "Registration Statement"), which includes a preliminary proxy statement/prospectus, or to be described in any amendment or supplement thereto; and those discussed and identified in filings made with the SEC by SVAC from time to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVAC's public filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.Important Information for Investors and ShareholdersIn connection with the Proposed Business Combination, General Fusion and SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (the "Proxy Statement"). After the SEC declares the Registration Statement effective, SVAC plans to file the definitive Proxy Statement with the SEC and to mail copies to SVAC's shareholders as of a record date to be established for voting on the Proposed Business Combination. This document does not contain all the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationGeneral Fusion, SVAC and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Final Prospectus and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVAC's shareholders generally, will be included in the Registration Statement and the Proxy Statement, when they become available. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully, when they become available, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.SOURCES:
https://www.iea.org/reports/world-energy-outlook-2025
https://generalfusion.com/post/general-fusion-business-combination-announcement/
https://generalfusion.com/post/general-fusion-to-participate-in-june-investor-and-industry-conferences/
https://www.sec.gov/Archives/edgar/data/2074850/000110465926024738/tm268233d1_425.htmLogo - https://mma.prnewswire.com/media/2840019/6001947/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/the-1-billion-bet-to-take-fusion-public-302790359.html Original: The $1 Billion Bet to Take Fusion Public
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iHub News iHub News 4 months ago
NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)May 26, 2026 9:07 AM
IH Market News Shares of NANO Nuclear Energy (NASDAQ:NNE) surged 14% after the company announced the acquisition of Secured Transportation Services LLC, a specialist provider of nuclear logistics and transportation services. Acquisition expands nuclear transportation capabilities The deal adds Secured Transportation Services, a company with more than two decades of experience in transporting nuclear materials, to NANO Nuclear’s growing operations. The acquisition is intended to strengthen the company’s capabilities in planning, coordinating and carrying out nuclear material transportation, which NANO Nuclear described as a critical infrastructure requirement for the deployment of advanced nuclear reactors. Secured Transportation Services currently holds approvals covering more than 90% of active U.S. Nuclear Regulatory Commission-approved spent fuel transportation routes across the United States and has completed projects in over 40 countries. Transaction adds revenue-generating business to NANO Nuclear The acquisition also brings an established revenue-producing operation into NANO Nuclear’s portfolio. For the 12 months ended December 31, 2025, Secured Transportation Services generated audited revenue of approximately $7.1 million and net income of around $1.3 million. Deal valued at up to $13 million NANO Nuclear’s transportation subsidiary, Advanced Fuel Transportation Inc., completed the acquisition for total consideration valued at up to $13 million. The agreement includes $6 million in cash paid at closing, subject to adjustments, alongside $7 million in restricted NANO Nuclear common shares issued in installments. Part of the stock-based consideration remains subject to contractual conditions. Existing management team to remain in place Roy Boyd, founder and president of Secured Transportation Services, will continue leading the business following the transaction. The company’s workforce includes specialists in nuclear engineering, logistics, regulatory compliance and operational management. Acquisition supports vertically integrated nuclear strategy NANO Nuclear said the acquisition aligns with its broader strategy of building a vertically integrated nuclear energy platform. The company is seeking to establish operations spanning reactor development, fuel sourcing and processing, fuel transportation, reactor deployment and long-term operational support. NANO Nuclear Energy stock price Original: NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)
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iHub News iHub News 5 months ago
Nano Nuclear Energy Shares Advance After NRC Accepts Microreactor Permit Application (NNE)May 20, 2026 9:48 AM
IH Market News Nano Nuclear Energy Inc (NASDAQ:NNE) shares gained 4.2% in premarket trading Wednesday after the U.S. Nuclear Regulatory Commission formally accepted a Construction Permit Application for the company’s KRONOS MMR microreactor system.The decision marks the start of the NRC’s official safety, environmental, and technical review process tied to the proposed deployment of the KRONOS MMR at the University of Illinois Urbana-Champaign. NRC Review Process Officially Begins The application was initially submitted on March 31, 2026 by the University of Illinois, which is partnering with NANO Nuclear on the project.According to the company, the NRC’s acceptance confirms that the filing contains enough information for regulators to proceed with a detailed evaluation of the reactor system.NANO Nuclear stated that the KRONOS MMR is the first commercially ready microreactor to achieve this stage within the NRC’s formal licensing framework. Company Targets Construction Timeline in 2027 Based on the anticipated scope of the review, the company expects the NRC evaluation process to conclude during 2027.If approved, NANO Nuclear said nuclear construction activities at the University of Illinois site could begin in the second half of 2027.“Acceptance of the Construction Permit Application for review confirms that the NRC has determined the submission contains the information necessary to begin detailed technical evaluation,” said Florent Heidet, Chief Technical Officer of NANO Nuclear Energy. “Advancing to this stage reflects years of engineering, regulatory engagement, and disciplined execution, as well as the substantial work required to support formal review of an advanced reactor design.” KRONOS Reactor Designed for Multiple Energy Applications The KRONOS MMR is a proprietary stationary high-temperature gas-cooled microreactor developed to provide power for a range of applications.Potential deployment targets include data centers, industrial operations, remote communities, mining sites, and military installations.NANO Nuclear Energy stock price Original: Nano Nuclear Energy Shares Advance After NRC Accepts Microreactor Permit Application (NNE)
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duelittle2 duelittle2 5 months ago
https://schrts.co/tqYmjtQF

https://www.otcmarkets.com/stock/NNE/profile
https://www.otcmarkets.com/stock/NNE/security

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iHub News iHub News 6 months ago
Nuclear Stocks Climb After White House Unveils Space Power InitiativeApril 16, 2026 10:27 AM
IH Market News
Nuclear energy stocks moved higher on Thursday following the release of a new U.S. policy aimed at deploying nuclear reactors in space, including in Earth orbit and on the Moon.Shares of Oklo (NYSE:OKLO) and NuScale (NYSE:SMR) rose sharply in premarket trading, gaining nearly 8% and 10% respectively as of 05:38 ET. Nano Nuclear Energy (NASDAQ:NNE) also advanced 7.3%, while Cameco (NYSE:CCJ) added 1.6% and Uranium Energy (AMEX:UEC) climbed 2.1%.The gains followed a memorandum issued on April 14 by the White House Office of Science and Technology Policy, formally launching the National Initiative for American Space Nuclear Power. The program targets the deployment of reactors in orbit as early as 2028 and on the Moon by 2030.The directive represents the first comprehensive framework covering both civilian and military uses of nuclear technology in space, reflecting the view that existing solar and chemical propulsion systems may not meet the demands of future missions.Under the initiative, responsibilities are divided among NASA, the Department of Defense, and the Department of Energy.NASA has been tasked with developing a mid-power space reactor, including a lunar version ready for launch by 2030. Meanwhile, the Pentagon is expected to advance an orbital reactor program by 2031, with a competitive process involving at least two vendors progressing through design and testing stages.The first demonstration mission, known as SR-1 Freedom, will involve a 20-kilowatt reactor designed to support both surface power generation and propulsion for interplanetary missions.Nuclear reactors generate energy through fission, splitting atomic nuclei to release heat, and are considered critical for sustained lunar operations, where long periods of darkness make solar power unreliable.The policy follows recent comments from Jared Isaacman, head of NASA, who outlined plans to integrate nuclear power into future missions, including potential journeys to Mars.Oklo stock priceNuScale Power stock priceNANO Nuclear Energy stock priceCameco stock priceUranium Energy Corp stock price

Original: Nuclear Stocks Climb After White House Unveils Space Power Initiative
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iHub News iHub News 6 months ago
NANO Nuclear secures DOE GAIN voucher for KRONOS reactor projectApril 9, 2026 10:45 AM
IH Market News
NANO Nuclear Energy Inc. (NASDAQ:NNE) announced it has received a Gateway for Accelerated Innovations in Nuclear (GAIN) Voucher from the U.S. Department of Energy to support development of its KRONOS MMR Energy System.The award, identified as voucher NE-26-38854, will fund a collaboration with Oak Ridge National Laboratory (ORNL) aimed at creating an uncertainty quantification framework for the KRONOS reactor design. The initiative will utilize the SCALE/TSUNAMI code suite to examine nuclear data, modeling assumptions, and operating parameters that influence reactor physics metrics such as reactivity, power distribution, and temperature coefficients.“The receipt of this DOE’s GAIN Voucher Award represents another important achievement for our engineering and scientific teams,” said Alisha Kasam-Griffith, Director of Reactor Design at NANO Nuclear. She added that the collaboration will provide access to ORNL’s expertise and analytical tools recognized by the U.S. Nuclear Regulatory Commission.This is the second GAIN voucher received by NANO Nuclear and the first tied specifically to its KRONOS MMR Energy System. The patented KRONOS design is a stationary high-temperature gas-cooled microreactor that is currently engaged in construction permit pre-application discussions with the Nuclear Regulatory Commission.GAIN vouchers fund work performed at Department of Energy laboratories rather than providing direct payments to companies. Through the program, private developers gain access to technical expertise and research capabilities within the DOE’s national laboratory network to help address technological and commercialization challenges.The uncertainty quantification framework is intended to strengthen design validation, support regulatory engagement, and advance commercialization of the microreactor system. NANO Nuclear has already completed site characterization for the KRONOS project in partnership with the University of Illinois.The collaboration is expected to improve confidence in the reactor’s design margins and help reduce regulatory uncertainty as the project moves through development, licensing, and eventual deployment stages.NANO Nuclear Energy stock price

Original: NANO Nuclear secures DOE GAIN voucher for KRONOS reactor project
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iHub News iHub News 6 months ago
NANO Nuclear proposes uranium processing project in ArgentinaApril 8, 2026 6:54 AM
IH Market News
NANO Nuclear Energy Inc. (NASDAQ:NNE) said it has submitted a private proposal to Argentina’s state-owned nuclear company Dioxitek S.A. to explore the joint development of a natural uranium hexafluoride production facility.The plan would involve constructing the facility using Dioxitek’s existing infrastructure in Argentina. Dioxitek currently operates as the country’s only supplier of feedstock for nuclear fuel fabrication and manages key stages of the nuclear fuel cycle.The proposal builds on a memorandum of understanding signed between the two companies in August 2025, which set out a framework to evaluate Argentina’s capabilities for natural uranium conversion and the related industrial infrastructure required to support it.Under Argentine regulations, Dioxitek will now review the proposal. Both companies expect to continue working with relevant local stakeholders to assess the technical, financial and operational feasibility of the potential project.According to the company, the evaluation phase could eventually lead to negotiations and the signing of definitive agreements between NANO Nuclear and Dioxitek if the project moves forward.NANO Nuclear Energy stock price

Original: NANO Nuclear proposes uranium processing project in Argentina
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bwrbad bwrbad 6 months ago
US need to move fast with this technogy, otherwise chineese will be all over US.
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bwrbad bwrbad 6 months ago
if this company is genuine, rich in definitive technology and fast moving to target, so would be its acceptance to investors and common shareholders and most importantly to the top quantum, AI and AI supporting companies. There is no otherway to fill the energy gap. too many fake company eating away the resources.
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TucsonPhil TucsonPhil 8 months ago
Who will acquire this, when the price continues to drop?
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Going_4_It Going_4_It 10 months ago
Interesting article about the future of Nuclear Batteries:

https://spectrum.ieee.org/nuclear-battery-revival?utm_source=feedotter&utm_medium=email&utm_campaign=climatetechalert-09-08-25&utm_content=httpsspectrumieeeorgnuclearbatteryrevival&mkt_tok=NzU2LUdQSC04OTkAAAGcyayx2T10x2mPUE_7vwUzPF0QTFTbzcy7UIv0sITkk663IY5Qe2TVRtl-Zq6KWklWI1LdbdYwm37oSrjD30rtBUu6dnTLX-ilzRtki2n3dMNbUOsT
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double_m double_m 1 year ago
Files 6 patients and still down $1!!! In other circles, this would've been a good thing.
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Oleblue Oleblue 1 year ago
President Trump signs Executive Orders nuclear power....starts at 7:12



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tigerpac tigerpac 2 years ago
This is what happens when the music stops and you have no revenue to fall back on.
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tigerpac tigerpac 2 years ago
A lot of boiler plate language in their PR's giving them outs in case nothing ever pans out like they want to believe.
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Going_4_It Going_4_It 2 years ago
Nano Nuclear Energy is turning nuclear energy into something like a battery.

You plug it in where needed and it lasts for up to eight years without refueling. When it is depleted you unplug it and haul it away, and plug in a new one.

Compare that to how it has been done up to now. You spend from $50 to $100 Billion on a gigantic concrete building, with a thousand miles of piping. Then wait 10 years for the build to be completed. It is refueled about every 2 years and it produces power for a total of 20 years before it has to be decommissioned. And it never produces power ever again. And finally, it costs about $100 Million to demolish the facility.

I don't own the NNE stock but I do own a big pile of Call Options out to more than a year. I am up over 800% since last August. And I am thinking there might be another 5,000% profit in this if I hold onto the options until late this year.

Good Luck to All Longs.
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tigerpac tigerpac 2 years ago
Company continues to acquire patent portfolio's.  Saw this many years ago in the telecommunications space and public company ended up being sold for pennies on the dollar because patents ended up being outdated and technology had advanced. Does the same thing eventually happen here? Don't know but not stepping in front of a speeding train.
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tigerpac tigerpac 2 years ago
It seems the DeepSeek news is affecting the data centers the most and in turn are casting doubt on the amount of new power that needs to come on line to support those centers.  NNE could be a big loser here especially with no revenue.
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tigerpac tigerpac 2 years ago
No chance this company generates any revenue in 2025, right?

Will be interesting to see what their  cash burn rate is per quarter in 2025.

Will management's past reputation eventually catch up with the company or can they shake the stench off?
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velcro velcro 2 years ago
It will take more than one patent to keep NNE so high.
Sales will ultimately send this over $100, but when?
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tigerpac tigerpac 2 years ago
Covered at 43..... probably a better short when the excitement dies down. 
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tigerpac tigerpac 2 years ago
Short at 44.20 this morning.
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Ringrock Ringrock 2 years ago
Sold half 43.20
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tigerpac tigerpac 2 years ago
Looking for a short entry point amid this enthusiasm for the company.   Something doesn't seem right with the management team and only a couple full time employees?
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tw0122 tw0122 2 years ago
$27.29'+ 10% nuclear been activated some more
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tw0122 tw0122 2 years ago
Back to $30 zone play lots of patents and potential for data centers
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Going_4_It Going_4_It 2 years ago
Idaho National Laboratory to begin testing Small Modular Reactors

https://inl.gov/trending-topics/microreactors/
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Eagle1 Eagle1 2 years ago
NNE 27.24 2.05 (8.14%) credit goes to Banana on X.
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Eagle1 Eagle1 2 years ago
Welcome to the NNE board here. $25.00 as of 12-20-24 Nano Nuclear Energy Inc
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