Nano Nuclear Energy
TypePrivately held company
IndustryIndustry, Nuclear energy
Founded2021 (2021)
HeadquartersNew York City, US
Key people
Jay Jiang Yu, James Walker (President & CEO)
Products
  • ZEUS: Solid core battery reactor
  • ODIN: Low-pressure coolant reactor
Websitenanonuclearenergy.com

Nano Nuclear Energy is a provider of microreactors and nuclear services. It is headquartered in New York City, United States. Established in 2021. It is an official member of the US Nuclear Industry Council (USNIC) and the Nuclear Institute organization based in the United Kingdom. Was selected as a founding member of the U.S. Department of Energy's HALEU (High Assay Low Enriched Uranium).[1][2][3]

History

Was established in 2021 by Jay Jiang Yu, founder and President of Nano Nuclear Energy. The CEO and directors of reactor development are James Walker. its headquarter is located in New York City.[4][5] In 2022, Nano Nuclear Energy appointed Winston Chow, former senior advisor to the US Department of Energy for East Asia, as chief policy officer (CPO), Ian Farnan, president of the Cambridge Nuclear Energy Center, as leader for the nuclear fuel cycle, radiation and materials and Eugene Shwageraus, professor of nuclear energy systems engineering in the Department of Engineering at the University of Cambridge, as lead member for nuclear reactor engineering. The Company also appointed Lassina Zerbo, Chairman of the Board of Directors of the Rwanda Atomic Energy Board (RAEB), as Chairman of the Executive Advisory Board for Africa, and Jeffrey L. Binder, as Director of Laboratory and Nuclear Technologies.[6][7][8]

Since 2023, it has become an official member of the US Nuclear Industry Council (USNIC), which advocates for the global advanced nuclear energy and supply chain, and the Nuclear Institute , based in the United Kingdom.[9][10][11] Obtained funding of $4.14 million to finance market expansion.[12] Participated in the New Hampshire Commission investigating the implementation of nuclear generation reactor technology in the state.[13]

Nano Nuclear Energy was selected as a founding member of the U.S. Department of Energy's HALEU (High Assay Low Enriched Uranium) Consortium established in 2022 to support availability of nationwide research, development, demonstration, and commercial use.[14][15][16]

Microreactors

In 2023, the Idaho National Laboratory jointly signed a strategic partnership project agreement for a nuclear fuel manufacturing capacity, where micro-reactor products were made; Solid core battery reactor and a low-pressure coolant reactor, named as ZEUS and ODIN, includes passive safety systems, such as conduction and convection, to dissipate heat without complicated mechanical systems.[17][18]

Executive advisors

References

  1. "NANO Nuclear Energy Joins the Nuclear Institute". Yahoo Finance. 2023-12-04. Retrieved 2023-12-22.
  2. "US microreactor company sets up HALEU subsidiary : Corporate – World Nuclear News". world-nuclear-news.org. Retrieved 2023-12-22.
  3. Ashdown, Ella (2023-08-22). "NANO Nuclear Energy makes key submission to DOE". Nuclear Industry Association. Retrieved 2023-12-22.
  4. "SEC FORM D". www.sec.gov. Retrieved 2023-12-22.
  5. "NANO Nuclear Energy". Yahoo News. 2023-12-11. Retrieved 2023-12-22.
  6. "NANO Nuclear Energy Inc. Appoints Winston Chow, former Senior Advisor to the U.S. Department of Energy on East Asia, as Chief Policy Officer and Director of the Company". Yahoo Finance. 2022-04-28. Retrieved 2023-12-22.
  7. "NANO Nuclear Energy Inc. Appoints Dr. Lassina Zerbo, former Vice-Chair of the World Economic Forum Global Agenda Council on Nuclear Security, as Chairman of the Executive Advisory Board for Africa". GlobeNewswire News Room. 2022-08-24. Retrieved 2023-12-22.
  8. "NANO Nuclear Energy Inc. Appoints Dr. Jeffrey L. Binder PhD, MBA, as Head of Nuclear Laboratory and Technologies". Yahoo Finance. 2022-10-11. Retrieved 2023-12-22.
  9. "NANO Nuclear Energy Becomes an Official Member of the United States Nuclear Industry Council (USNIC) and Sponsors the Upcoming New Nuclear Capital Summit to be held on Nov. 7, 2023 in NYC with Founder Jay Yu & CEO James Walker as Panelists". GlobeNewswire News Room. 2023-10-23. Retrieved 2023-12-22.
  10. Online, Electric Energy. "Electric Energy Online". Electric Energy Online. Retrieved 2023-12-22.
  11. "NANO Nuclear Energy Joins the Nuclear Institute". Morningstar, Inc. 2023-12-04. Retrieved 2023-12-22.
  12. Harris, William (2023-02-13). "NANO Nuclear Energy Closes $4.14 Million Round". citybiz. Retrieved 2023-12-22.
  13. "NANO Nuclear Energy Chief Executive Officer to Present Before New Hampshire Commission Investigating the Implementation of Next Generation Nuclear Reactor Technology in the State". GlobeNewswire News Room. 2023-10-16. Retrieved 2023-12-22.
  14. "nano-nuclear-selected-as-founding-member-of-haleu-consortium-10622631".
  15. "HALEU Consortium Members". Energy.gov. Retrieved 2023-12-22.
  16. "nano-nuclear-energy-establishes-fuel-subsidiary-10614994".
  17. "Developing the Smallest, Safest and Most Effective Nuclear Power Sources". AZoCleantech.com. 2023-05-18. Retrieved 2023-12-22.
  18. "Microreactor company looks to INL for fuel fabrication plant site : Uranium & Fuel – World Nuclear News". world-nuclear-news.org. Retrieved 2023-12-22.
  19. Inc, NANO Nuclear Energy (2023-06-05). "NANO Nuclear Energy Adds Former State Department Senior Advisor Mark Nichols as Executive Advisor for Military, Defense and Policy". GlobeNewswire News Room. Retrieved 2024-01-09. {{cite web}}: |last= has generic name (help)
  20. Inc, NANO Nuclear Energy (2023-09-11). "NANO Nuclear Energy Appoints Former DOE Office of Nuclear Energy Professional, Michelle Amante-Harstine, as the Senior Strategic Advisor to NANO Nuclear's Executive Advisory Board for U.S. Energy Initiatives". GlobeNewswire News Room. Retrieved 2024-01-09. {{cite web}}: |last= has generic name (help)
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