- NANO Nuclear Energy and Curio Solutions signed a preliminary MOU to collaborate on integrating Curio’s nuclear fuel recycling with NANO Nuclear’s advanced portable microreactors.
- The partnership aims to optimize NANO Nuclear’s microreactors, “ZEUS” and “ODIN”, for cleaner, more efficient, and safer energy production using Curio’s NuCycle process to close the nuclear fuel cycle.
- Both companies see this collaboration as a step towards revitalizing the nuclear energy industry, emphasizing innovation, sustainability, and creating future solutions for clean energy.
The first advanced portable nuclear microreactor company to publicly list in the U.S., NANO Nuclear Energy has announced that they have signed a Memorandum of Understanding and Letter of Agreement to partner with Curio Solutions to utilize Curio’s nuclear fuel recycling capabilities for NANO Nuclear’s next-generation portable nuclear reactors in the works.
The MOU is preliminary, but if the collaboration evolves as expected, the companies would ultimately seek more formal definitive documentation. The key aspects of their collaboration align with Nano Nuclear sharing detailed characteristics of their advanced fuel designs with Curio. Curio will analyze these fuels to determine optimal recycling methods using the NuCycle process. This is their best tactic in efforts to close the nuclear fuel cycle. The partnership will explore ways to integrate recycled fuel into Nano Nuclear’s micro reactor designs.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become commercially focused 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’s products in technical development are “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, that are portable, on-demand capable, advanced nuclear microreactors.
“We are very proud to be a part of the accelerating momentum in the global nuclear energy renaissance,” said Jay Yu, Executive Chairman and President of NANO Nuclear Energy. “It’s truly exciting to collaborate with other disruptive advanced nuclear technology companies like Curio as we lead the charge to revitalize the industry and reshape the energy landscape. The opportunity to utilize Curio’s expertise in nuclear fuel recycling and optimize our reactors to be cleaner, more efficient and safer is a significant boon to NANO Nuclear. This collaboration also further demonstrates our ability to identify and seek to incorporate other innovative technologies into our microreactor technologies.We are eager to see where this collaboration leads, and… capitalize on the best cutting-edge nuclear technology.”
This alliance combines Curio’s expertise in nuclear waste recycling with Nano Nuclear’s cutting-edge micro reactor designs, creating a powerful synergy in the nuclear energy sector. Both company’s desire to work with one another shows their dedication to holistically making nuclear energy as green as humanly possible. Nano Nuclear’s revolutionary approach to compact, portable nuclear energy solutions perfectly complements Curio’s innovative NuCycle® process, readying for a new era in clean energy production.
Edward McGinnis, CEO of Curio, stated, “This partnership with Nano Nuclear Energy Inc. exemplifies our commitment to working across the entire spectrum of the nuclear industry. Nano Nuclear’s innovative approach to reactor design aligns perfectly with our vision for a sustainable nuclear future. Together, we’re not just solving today’s challenges; we’re creating tomorrow’s solutions. Nano Nuclear Energy Inc. has consistently demonstrated its commitment to innovation and sustainability in the nuclear sector. Their forward-thinking approach and willingness to explore new frontiers in nuclear technology make them an ideal partner for Curio.
This agreement highlights both companies’ positions as industry leaders in their respective fields. By combining Curio’s expertise in nuclear fuel recycling with Nano Nuclear’s revolutionary micro reactor technology, this partnership is set to redefine the landscape of clean energy production.
