NANO Nuclear Energy (NNE) Registration Filing summary

Company overview and business model

• Focuses on developing advanced nuclear microreactors, fuel processing, transportation, and consulting services.

• Principal product is the KRONOS MMR™ Energy System, a high-TRL, high-temperature gas-cooled reactor using TRISO fuel.

• Additional microreactors include LOKI MMR™, ZEUS™, and ODIN™, targeting diverse applications from remote sites to defense.

• Pursues vertical integration by building out fuel supply chain and transportation capabilities.

• Plans to provide nuclear consulting services and support for the resurgent nuclear energy industry.

Financial performance and metrics

• Pre-revenue stage; no material revenues through December 31, 2025.

• Net loss of $6.5M for the quarter ended December 31, 2025; $40.1M for the year ended September 30, 2025; $10.2M for the year ended September 30, 2024.

• Accumulated deficit of $64.0M as of December 31, 2025.

• Cash and cash equivalents of $577.5M as of December 31, 2025.

• Raised $400M in a private placement in October 2025 and $400M through an at-the-market offering.

Use of proceeds and capital allocation

• Proceeds will fund technology development, especially the KRONOS MMR™ reactor, working capital, and potential acquisitions.

• Management has broad discretion over allocation; pending use, funds will be invested in short-term, investment-grade securities.

• No definitive agreements for acquisitions as of the filing date.