This advanced technology company develops and commercializes portable and stationary microreactor technologies, including the KRONOS MMR and LOKI MMR systems. The company is vertically integrated, also focusing on nuclear fuel fabrication, HALEU transportation, and nuclear applications for space power systems. They provide modular, on-demand clean energy solutions for terrestrial and extraterrestrial needs.
Funding
$105M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Remote locations and specific industries often lack access to reliable and scalable power infrastructure, hindering development and operational efficiency. Traditional power sources like diesel generators are costly, environmentally unfriendly, and require frequent refueling, making them unsuitable for long-term deployment in isolated areas.
Solution
NANO Nuclear Energy is developing portable microreactors to provide on-demand nuclear power solutions for remote locations and specialized applications. The company's microreactors, including the ZEUS solid core battery reactor and the ODIN low-pressure coolant reactor, are designed for easy transportation and deployment. NANO Nuclear Energy is also developing nuclear fuel fabrication and transportation capabilities, aiming to establish a vertically integrated supply chain. Additionally, the company is exploring nuclear applications for space-based power and propulsion systems.
Target Audience
The primary customers are industries and communities in remote locations, including mining, oil and gas, and construction, as well as the space exploration sector and military applications requiring independent and reliable power sources.
Features
- ZEUS: Solid core battery reactor designed for portability and minimal maintenance.
- ODIN: Low-pressure coolant reactor offering enhanced safety and operational flexibility.
- KRONOS MMR™ Energy System: A stationary high-temperature gas-cooled reactor.
- LOKI MMR™: A portable microreactor designed for space applications.
- Advanced Fuel Transportation Inc. (AFT): Subsidiary focused on HALEU fuel transportation.
- HALEU Energy Fuel Inc. (HEF): Subsidiary focused on developing a domestic HALEU fuel fabrication pipeline.
- NANO Nuclear Space Inc. (NNS): Subsidiary exploring nuclear applications in space, including power systems and propulsion.