NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO
Nuclear”), a vertically integrated advanced nuclear
energy and technology company developing portable clean energy
solutions, today announced that it has filed a series of
provisional patent applications with the United States Patent and
Trademark Office (USPTO) to secure intellectual property rights for
its recently acquired enabling annular linear induction pump (ALIP)
technology.
Figure 1 - The Annular Linear Induction Pump
(ALIP) technology SBIR Phase III Program previously DOE funded
$1.37Million in grants to support technology is led by Renowned
Physicist and Carlos O. Maidana, Ph.D.
ALIP was developed by noted physicist, research
engineer and project manager Carlos O. Maidana, Ph.D., who now
serves as NANO Nuclear’s Principal Investigator for an SBIR Phase
III program being funded by NANO Nuclear which is dedicated to
advancing the development and potential commercialization of this
innovative technology. Throughout prior SBR phases, the Department
of Energy has cumulatively awarded over $1.37 million in grants to
date to support this technology. In June 2024, NANO Nuclear
announced that it acquired the ALIP technology from Dr.
Maidana.
“It is a pleasure to see my work find a home at
NANO Nuclear,” said Dr. Carlos O. Maidana, CEO and Founder
at Maidana Research. “The leadership team has time and
again proven their desire to innovate within the nuclear energy
space and create cleaner and more sustainable energy future. I am
delighted to be a part of this effort and I’m confident that the
ALIP technology will play a key role in the modernization and
optimization of nuclear reactors around the world.”
The provisional patent applications announced
today seek to secure formal intellectual property protection for
the ALIP technology, which addresses challenges in high-efficiency
thermal fluid management for clean energy and high-temperature
industrial processes, offering numerous advantages over traditional
pumps. These benefits make ALIP an enabling technology for NANO
Nuclear’s own ‘ODIN’ microreactor in development. Additionally,
NANO Nuclear anticipates that, upon commercialization, the ALIP
technology will have significant potential for widespread adoption
within the broader nuclear reactor marketplace, particularly as a
component for liquid metal and molten salt-based reactors.
“We are very pleased with the speed at which Dr.
Maidana and the NANO Nuclear team have moved towards our goal of
bringing this innovative technology to market,” said Jay
Yu, Founder and Chairman of NANO Nuclear Energy. “The
provisional patent applications will enable us to secure and
protect this important intellectual property. Furthermore, we
believe these applications align with our company’s ethos of
maintaining transparency with both regulators and the public
regarding our technology. ALIP represents a pivotal advancement for
the entire nuclear industry, as well as our ‘ODIN’ microreactor,
and we excited to take this next step on our path to
commercialization.”
The filing of these applications also
underscores NANO Nuclear’s commitment to developing advanced
technologies aimed at optimizing and modernizing the nuclear energy
landscape. ALIP is based on electromagnetic pumps, offering several
advantages over mechanical pumps, including the absence of moving
parts, low noise and vibration levels, simplicity in flow rate
regulation, and ease of maintenance. These features make ALIP an
efficient and logical choice for molten salt and liquid
metal-cooled reactors. Its wide-ranging applications encompass the
most advanced nuclear reactor designs, which utilize liquid metals
and molten salts for cooling and heat transfer functions in both
the fission and fusion energy industries. Additionally, ALIP holds
significant potential in the advanced materials sector, space
exploration, marine propulsion, and high-temperature industrial
processes.
“The ALIP technology has a truly vast potential
to modernize the nuclear energy industry and play a key role in the
development of a fleet of advanced nuclear reactors,” said
James Walker, Chief Executive Officer and Head of Reactor
Development of NANO Nuclear Energy. “The technology
is applicable to many of the reactors already in operation, not to
mention the reactors will which we believe must be built to meet
the carbon-neutrality goals of the United States and the world. But
the technology can potentially extend beyond traditional fission
reactors, and the Company has already begun looking into
applications within the fusion industry to move liquid metal to
sweep up neutrons and transfer heat away from their reaction zones.
That is why we are so optimistic about the promise of this
technology, as it could enable NANO Nuclear to be the source of
innovation for two industries. For our reactors and potentially
other, it permits smaller, more optimized, and higher quality
reactor construction, reducing costs in the long run and removing
unnecessary parts and reducing costs upfront.”
About NANO Nuclear Energy
Inc.
NANO Nuclear Energy Inc. (NASDAQ:
NNE) is an advanced technology-driven nuclear energy
company seeking to become a commercially focused, diversified, and
vertically integrated company across four business lines: (i)
cutting edge portable microreactor technology, (ii) nuclear fuel
fabrication, (iii) nuclear fuel transportation and (iv) nuclear
industry consulting services. NANO Nuclear believes it is the first
portable nuclear microreactor company to be listed publicly in the
U.S.
Led by a world-class nuclear engineering team,
NANO Nuclear’s products in technical development are
“ZEUS”, a solid core battery reactor, and “ODIN”, a
low-pressure coolant reactor, 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, is led by former
executives from the largest transportation company in the world
aiming to build a North American transportation company that will
provide commercial quantities of HALEU fuel to small modular
reactors, microreactor companies, national laboratories, military,
and DOE programs. 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. Assuming development and
commercialization, AFT is expected to form part of the only
vertically integrated nuclear fuel business of its kind in North
America.
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.
For more corporate information please
visit: https://NanoNuclearEnergy.com/
For further information, please
contact:
Email: IR@NANONuclearEnergy.comBusiness Tel: (212)
634-9206PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:NANO Nuclear
Energy LINKEDINNANO Nuclear Energy YOUTUBENANO Nuclear
Energy TWITTER
Cautionary Note Regarding Forward
Looking Statements
This news release and statements of NANO
Nuclear’s management in connection with this news release or
related events 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 (including the anticipated
benefits of the provisional patents and the potential for
development and commercialization of the ALIP technology, each as
described herein), which may impact our expected future business
and financial performance, and often contain words such as
"expects", "anticipates", "intends", "plans", "believes",
“potential”, "will", "should", "could", "would" or "may" and other
words of similar meaning. These 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 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”) nuclear fuel manufacturing submission and the
development of new or advanced technology, including difficulties
with design and testing, cost overruns, development of competitive
technology, (ii) our ability to obtain contracts and funding to be
able to continue operations; (iii) risks related to uncertainty
regarding our ability to commercially deploy a competitive advanced
nuclear reactor technology, (iv) risks related to the impact of
government regulation and policies including by the DOE and the
U.S. Nuclear Regulatory Commission and under the recently enacted
ADVANCE Act; and similar risks and uncertainties associated with
the business of a start-up business operating a highly regulated
industry. 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. 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.
Nano Nuclear Energy (NASDAQ:NNE)
과거 데이터 주식 차트
부터 9월(9) 2024 으로 10월(10) 2024
Nano Nuclear Energy (NASDAQ:NNE)
과거 데이터 주식 차트
부터 10월(10) 2023 으로 10월(10) 2024