NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), an
emerging vertically integrated microreactor and advanced nuclear
technology company led by a world-class nuclear engineering team
developing proprietary, portable, and clean energy solutions, is
pleased to announce that it is one of the sponsor of the upcoming
ClimaTech conference, to be held in several iconic venues in Boston
Fenway Park on June 3-5, 2024.
James Walker, Chief Executive Officer and Head
of Nuclear Reactor Development will participate in a series of
discussions on Tuesday, June 4th. Mr. Walker will begin by
examining “The Global Nuclear Renaissance” at the
Challenge Stage alongside Jay Yu, President and Executive Chairman
and Prof. Ian Farnan, Lead of Nuclear Fuel Cycle, Radiation and
Materials of NANO Nuclear. Following this, Mr. Walker will
participate in “Fueling a Global Energy
Transition,” an insightful forum on energy transition
which will explore the diverse renewable energy sources driving the
shift towards a sustainable future.
“I’m really looking forward to ClimaTech,”
said James Walker, Chief Executive Officer and Head of
Reactor Development of NANO Nuclear Energy. “The city of
Boston offers a vibrant setting for this unique conference format.
Being close to some of the world's leading universities, attendees
will have the opportunity to engage with students, faculty, and
business leaders from across the United States. I am confident that
ClimaTech 2024 will be a memorable event for all participants.”
Figure 1 - NANO Nuclear Energy CEO and Head of
Nuclear Reactor Development, James Walker, Executive Chairman and
President, Jay Yu, and Prof. Ian Farnan, Lead of Nuclear Fuel
Cycle, Radiation and Materials, Will Participate in Speaking
Engagements on June 4th at the ClimaTech 2024 Conference.
The ClimaTech conference gathers global experts,
leaders, and innovators at the forefront of the climate revolution
in the heart of Boston. In collaboration with Massachusetts
Governor Maura Healey, Boston Mayor Michelle Wu, and the City of
Boston, the program explores the emerging frontier where climate
action meets economic opportunity. Key areas of focus include
Artificial Intelligence, next-generation power grids, and the
future of urban mobility.
Figure 2- NANO Nuclear Energy to Present and
Sponsors ClimaTech 2024 in Boston on June 3-5, 2024
“There has been a lot of excitement around the
industry lately and I expect to find a very engaged audience in
Boston,” said Ian Farnan Ph.D., Lead of Nuclear Fuel Cycle,
Radiation and Materials of NANO Nuclear Energy. “There
have been initiatives to commercialize microreactors and other
advanced nuclear technology for many years, but I feel that we have
turned a corner as a society and the momentum that has gathered
behind not just NANO Nuclear but the entire industry, will help
usher in a new age for nuclear energy.”
ClimaTech 2024 will feature multiple stages with
action-oriented sessions led by prominent voices from the climate,
sustainability, technology, and innovation sectors. Attendees will
engage with representatives from esteemed institutions like MIT,
Harvard, Massachusetts Clean Energy Center, and IBM. Key executives
and leaders from major energy services, investment firms, and
academic institutions will share their expertise in climate
innovation, sustainable investment strategies, advanced fusion
systems, and environmental research.
“The NANO Nuclear team is truly excited to
participate in the ClimaTech conference,” said Jay Yu,
Executive Chairman and President of NANO Nuclear Energy.
“The diverse lineup of speakers, including Governor Healey and
Mayor Wu, plans to deliver valuable insights into the intersection
of climate technology, sustainability, and economic growth. These
engaging discussions and forums offer a special opportunity for
attendees to gain valuable knowledge and practical strategies to
combat climate change.”
About ClimaTech
The ClimaTech conference brings
together expert thinkers, leaders and innovators from around the
world, each at the cutting-edge of the climate revolution, to the
heart of Boston. ClimaTech is for anyone concerned
with action-oriented innovations, breakthrough science, technology
and AI, and shifting culture and society towards radical change to
tackle the climate crisis.
About NANO Nuclear Energy Inc.
NANO Nuclear Energy Inc. (NASDAQ:
NNE) is an emerging, advanced technology-driven nuclear
energy company seeking to become a commercially focused,
diversified, and vertically integrated company 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 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 products in technical development are
“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.
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.
For more corporate information please
visit: https://NanoNuclearEnergy.com/
For further information, please contact:
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Cautionary Note Regarding Forward Looking
Statements
This news release and statements of NANO
Nuclear’s management in connection with this news release or
related events 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 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 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”) nuclear fuel manufacturing submission and the
development of new or advanced technology, including difficulties
with design and testing, cost overruns, development of competitive
technology, (ii) our ability to obtain contracts and funding to be
able to continue operations; (iii) risks related to uncertainty
regarding our ability to commercially deploy a competitive advanced
nuclear reactor technology, (iv) risks related to the impact of
government regulation and policies including by the DOE and the
U.S. Nuclear Regulatory Commission; and similar risks and
uncertainties associated with the business of a start-up business
operating a highly regulated 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.
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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