NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the
Company”), a leading advanced nuclear energy and technology company
focused on developing clean energy solutions, today announced that
it is a Two Star Partner of the 17th annual Operational Energy
Summit, hosted by the Institute for Defense and Government
Advancement in Bethesda, Maryland at the Bethesda Marriot Hotel on
February 25 -26, 2025.
On Tuesday, February 25th, Chief Executive
Officer and Head of Reactor Development, James Walker, will lead a
keynote presentation titled, “The role of innovative nuclear
technology to support the defense industry and military
operations”, at 1:30 PM. Thereafter, he will also present,
“Industry insight session hosted by NANO Nuclear Energy Inc.” at
3:30 PM.
For over two decades, the Institute for Defense
and Government Advancement (IDGA) has served as a non-partisan
event and thought leadership organization connecting the Defense
and Security communities interested in solving high-level
challenges. Through its industry-leading conferences, networking
events and online community portal, IDGA supports and coordinates
the participation of leading stakeholders across the Government,
Military, and associated defense industry partners.
For its 17th year, the IDGA Operational Energy
Summit will bring together operational and installation energy
leaders from the U.S. Department of Defense, Department of Energy,
allied military, industry, and academia to discuss the current
state of military energy and the path forward. This year’s summit
will focus on addressing the emerging threat landscape, contested
environments, the role of innovative technology, and the challenges
and gaps in defense energy to ensure support of military
operations. Guided by thought leaders, the summit will explore
alternative energy sources, including nuclear and solar power,
along with microgrids and technologies for enhancing grid security.
As the demand for energy increases to support both current and
future weapon systems and technologies, the topics of discussion
will include strategies for achieving energy resilience, security,
reliability, and sufficiency.
“The IDGA is at the forefront of efforts to
address the U.S. armed forces’ most urgent challenges, particularly
in understanding operational and installation energy,” said
John G. Vonglis, Executive Director of Global Government Affairs of
NANO Nuclear Energy. “This summit will bring together some
of the nation’s foremost experts, united by a shared mission to
provide service members with robust, reliable, and resilient
next-generation energy solutions, with nuclear set to play a key
role in discussions.”
Figure 1 - NANO Nuclear Energy Inc. Announced as
the Two Star Partner of the Institute for Defense and Government
Advancement’s Operational Energy Summit on February 25-26,
2025.
“The growing emphasis on nuclear-based energy
systems within the U.S. military creates exciting opportunities to
deliver reliable, carbon-neutral power to the country’s service
members,” said James Walker, Chief Executive Officer and
Head of Reactor Development of NANO Nuclear Energy. “This
summit provides a valuable platform to connect with key operational
leaders throughout the military complex, and I look forward to
discussing the future of nuclear energy with all attendees.”
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 five business lines: (i)
cutting edge portable and other microreactor technologies, (ii)
nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv)
nuclear applications for space and (v) 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 reactor products in development include
“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.
NANO Nuclear is also developing patented stationary KRONOS
MMR™ Energy System and space
focused, portable LOKI MMR™.
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.
NANO Nuclear Space Inc. (NNS),
a NANO Nuclear subsidiary, is exploring the potential commercial
applications of NANO Nuclear’s developing micronuclear reactor
technology in space. NNS is focusing on applications such as the
LOKI MMR™ system and other power
systems for extraterrestrial projects and human sustaining
environments, and potentially propulsion technology for long haul
space missions. NNS’ initial focus will be on cis-lunar
applications, referring to uses in the space region extending from
Earth to the area surrounding the Moon's surface.
For more corporate information please
visit: https://NanoNuclearEnergy.com/
For further NANO Nuclear information,
please contact:
Email: IR@NANONuclearEnergy.comBusiness
Tel: (212) 634-9206
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Cautionary Note Regarding Forward
Looking Statements
This news release, the conference presentation
described herein, and statements of NANO Nuclear’s management in
connection with this news release 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, 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 and other 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 significant 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”) or related state or non-U.S. nuclear
fuel licensing submissions, (ii) risks related the development of
new or advanced technology and the acquisition of complimentary
technology or businesses, including difficulties with design and
testing, cost overruns, regulatory delays, integration issues and
the development of competitive technology, (iii) our ability to
obtain contracts and funding to be able to continue operations,
(iv) risks related to uncertainty regarding our ability to
technologically develop and commercially deploy a competitive
advanced nuclear reactor or other technology in the timelines we
anticipate, if ever, (v) risks related to the impact of U.S. and
non-U.S. government regulation, policies and licensing
requirements, including by the DOE and the U.S. Nuclear Regulatory
Commission, including those associated with the recently enacted
ADVANCE Act, and (vi) similar risks and uncertainties associated
with the operating an early stage business a highly regulated and
rapidly evolving 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, and NANO Nuclear
therefore encourages investors to review other factors that may
affect future results in its filings with the SEC, which are
available for review at www.sec.gov and at
https://ir.nanonuclearenergy.com/financial-information/sec-filings.
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.
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