NANO Nuclear Energy (NNE) 15th Annual LD Micro Invitational 2025 summary

Company overview and strategy

• Originated as a microreactor developer, targeting sub-20 MWe nuclear reactors to address gaps in the nuclear industry.

• Expanded into fuel processing, nuclear fuel transportation, and consultancy to de-risk operations and ensure supply chain reliability.

• Focused on areas with fewer competitors, leveraging remote operation and simplified reactor designs.

• Built technical teams from UC Berkeley and Cambridge, leading to the ZEUS and ODIN reactor systems.

• Pursued mass manufacturability and cost reduction, aiming for 3D-printed, easily deployable reactors.

Reactor development and acquisitions

• Developed ZEUS (solid core, high safety) and ODIN (cost-effective, mass-manufacturable) microreactors.

• Acquired advanced designs from USNC bankruptcy, including the high-output KRONOS and microreactor LOKI.

• KRONOS designed for modular, subterranean deployment, with mass-manufactured components.

• Secured contracts for KRONOS deployment at University of Illinois and Chalk River, Canada, with imminent construction and permitting.

• Future strategy may merge LOKI and ODIN technologies, with KRONOS as the primary focus for market entry.

Fuel supply chain and partnerships

• Identified critical gaps in domestic nuclear fuel supply, prompting in-house fuel fabrication initiatives.

• Became a founding member of the HALEU consortium and partnered with LIS Technologies for uranium enrichment.

• Acquired LIS patents and technology, aiming for early revenue from fuel production before reactor deployment.

• Committed to supporting LIS in conversion, deconversion, and fabrication, seeking partnerships for full supply chain integration.

• Laser enrichment technology offers significant capital savings over centrifuge methods, positioning for early domestic fuel production.