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NANO Nuclear Energy Inc. operates as a nuclear energy company. The company is developing KRONOS MMR Energy System, a high-temperature gas-cooled reactor; LOKI MMR, a compact microreactor designed for remote and specialized applications; ZEUS, a solid core battery reactor; and ODIN, a low-pressure salt coolant reactor. It is also developing a high-assay low-enriched uranium fuel processing facility to provide a fuel pipeline for the nuclear reactor industry, and fuel transportation and nuclear consultation businesses. The company was incorporated in 2022 and is based in New York, New York.

In late May, Nano Nuclear Energy acquired a profitable nuclear logistics company with more than two decades' experience moving nuclear materials. Along with helping Nano's top line, the acquisition lends credibility to the company's vertical integration ambitions.

The U.S. Department of Energy (DOE) published the approved voluntary agreement that formally establishes the Nuclear Fuel Cycle Consortium under the Defense Production Act (DPA). While the name centers on fuel production, the framework and its broad list of participants reach across the entire nuclear value chain.

NANO Nuclear joins other industry leaders to advance innovation, deployment, R&D and workforce initiatives as Virginia addresses rapidly growing power demand from data centers, consumer consumption, and critical industries New York, New York--(Newsfile Corp. - July 17, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced its membership in the Virginia Nuclear Energy Consortium ("VNEC"). VNEC brings together leading nuclear technology developers, utilities, engineering and construction companies, universities, research institutions and other participants in Virginia's nuclear industry.

NANO Nuclear Energy's microreactor prospects and low valuation support upside, but execution and regulatory risks loom.

Nano Nuclear Energy designs microreactors. It doesn't yet have regulatory approval, but a recent acquisition will help it generate revenue.