📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $NANO Nuclear Energy(NNE.US) NAN

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $NANO Nuclear Energy(NNE.US) NANO Nuclear and QNI Sign MoU to Advance U.S. HALEU Fuel Supply

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗡𝗔𝗡𝗢 𝗡𝘂𝗰𝗹𝗲𝗮𝗿 and 𝗤𝗡𝗜 sign non-binding HALEU supply MoU.

➤ Companies will explore potential 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗛𝗔𝗟𝗘𝗨 offtake arrangements.

➤ Fuel could support NANO Nuclear's 𝗞𝗥𝗢𝗡𝗢𝗦 𝗠𝗠𝗥™ Energy System.

➤ QNI plans HALEU production at 𝗜𝗱𝗮𝗵𝗼 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗟𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝘆.

➤ Vanguard facility targets up to 𝟭𝟴 𝗺𝗲𝘁𝗿𝗶𝗰 𝘁𝗼𝗻𝘀 annually.

➤ QNI is coordinating its HALEU capabilities with the 𝗨.𝗦. 𝗗𝗢𝗘.

➤ Collaboration covers supply planning, regulation, logistics, and demand forecasting.

➤ MoU could provide groundwork for future 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗳𝘂𝗲𝗹 agreements.

➤ Partnership aims to strengthen the domestic 𝗻𝘂𝗰𝗹𝗲𝗮𝗿 𝗳𝘂𝗲𝗹 supply chain.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ 𝗛𝗔𝗟𝗘𝗨 availability remains critical for deploying many advanced nuclear reactors.

➤ Domestic production could reduce dependence on constrained foreign nuclear fuel supplies.

➤ Long-term supply planning could lower commercialization risks for 𝗡𝗔𝗡𝗢 𝗡𝘂𝗰𝗹𝗲𝗮𝗿.

➤ Vanguard's planned capacity could support broader U.S. advanced-reactor deployment.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗝𝗮𝗺𝗲𝘀 𝗪𝗮𝗹𝗸𝗲𝗿, CEO of NANO Nuclear Energy:

"We are pleased to establish this MoU with QNI as we continue advancing our multi-pronged business plan, including development of our microreactor technologies and future deployment strategies," said James Walker, CEO of NANO Nuclear Energy. "Access to reliable, domestically produced HALEU will be a key element in supporting the growth of advanced nuclear energy. We look forward to collaborating with QNI as we evaluate additional fuel supply options that can enhance flexibility and strengthen the resilience of our long-term commercialization strategy."

𝗗𝗲𝗲 𝗠𝗲𝘄𝗯𝗼𝘂𝗿𝗻𝗲, CEO of QNI:

"Reliable nuclear fuel supply is one of the critical enablers of advanced reactor deployment," said Dee Mewbourne, CEO of QNI. "Our MoU with NANO Nuclear reflects the importance of connecting fuel production with reactor development early in the development and commercialization process. Together, we are helping build the supply chain foundation needed to support the next generation of nuclear energy."