Nano Nuclear Energy Inc. completes acquisition of Micro Modular Nuclear Reactor Business from Ultra Safe Nuclear Corporation
Nano Nuclear Energy Inc. completes acquisition of Micro Modular Nuclear Reactor Business from Ultra Safe Nuclear Corporation
01/16/25, 7:53 AM
Location
Industry
energy
renewable energy
Nano Nuclear Energy Inc. has recently finalized the acquisition of select assets from Ultra Safe Nuclear Corporation, including certain assets related to its micro modular nuclear reactor business and transportable fission power system technology. The acquisition, which was completed on January 10, 2025, involved the purchase of intellectual property rights, contracts with third-party collaborators, and rights related to demonstration projects. Nano Nuclear Energy Inc. aims to strengthen its intellectual property foundation and commercial prospects as a leader in advanced nuclear reactor technologies through this strategic move.
Company Info
Location
1411 broadway
New York, New York, United States
Company info
NANO Nuclear Energy Inc. is an emerging vertically integrated microreactor and advanced nuclear technology company, led by a world-class nuclear engineering team, developing portable clean energy solutions. The company is focused on the development of the 'ODIN' clean energy, portable micro nuclear reactor and has recently acquired the annular linear induction pump (ALIP) intellectual property from noted physicist, research engineer, and project manager Carlos O. Maidana, PhD. of Maidana Research.