NANO Nuclear Energy (NNE) Registration Filing summary

Company overview and business model

• Focuses on developing advanced nuclear microreactors, fuel processing, transportation, and consulting services, aiming for vertical integration across the nuclear energy value chain.

• Principal technology is the KRONOS MMR™ Energy System, a high-temperature gas-cooled reactor, with additional projects including LOKI MMR™, ZEUS™, and ODIN™ microreactors.

• Business model includes supplying fuel to its own reactors and the broader industry, developing transportation solutions for nuclear fuel, and providing consulting services.

• As of September 30, 2025, employs 41 full-time staff and 22 independent contractors, with significant technical expertise.

Financial performance and metrics

• Pre-revenue stage with no material revenues through September 30, 2025.

• Net loss of $40.1 million for the year ended September 30, 2025, compared to $10.2 million in the prior year.

• Accumulated deficit of $57.5 million as of September 30, 2025.

• Cash and cash equivalents of $203.3 million as of September 30, 2025.

• Raised $400 million in a private placement in October 2025, with net proceeds of $378.6 million.

Use of proceeds and capital allocation

• Proceeds will be used for technology development, particularly the KRONOS MMR™ reactor, general working capital, and potential acquisitions or investments aligned with the business strategy.

• Management has broad discretion over allocation of funds, with no definitive agreements for acquisitions as of the filing date.

• Pending use, proceeds will be invested in short-term, interest-bearing, investment-grade securities or cash.