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NANO Nuclear Energy and CURIO Solutions to Collaborate on Advanced Nuclear Fuel Recycling for its Portable Microreactor Technologies
The companies have agreed to a framework to optimize nuclear fuel recycling for NANO Nuclear’s advanced portable micro-reactors utilizing Curio’s NuCycle
About this update from Nano Nuclear Energy Inc.
[{"type":"text","content":"The companies have agreed to a framework to optimize nuclear fuel recycling for NANO Nuclear’s advanced portable micro-reactors utilizing Curio’s NuCycle technology New York, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a vertically integrated advanced nuclear energy and technology company developing portable clean nuclear energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) to collaborate with Curio Solutions to optimize Curio’s nuclear fuel recycling capabilities for NANO Nuclear’s next-generation portable nuclear microreactors in development. This MOU marks another achievement in NANO Nuclear’s commitment to explore and assemble complimentary advanced technologies to further enable the development of its ‘ZEUS’ and ‘ODIN’ microreactors. Based in Washington, D.C., Curio Solutions is a leading advanced nuclear recycling technology developer and pioneer of the NuCycle process. Utilizing chemistries that increase operational modularity, capacity, and economic viability, NuCycle (which has received funding from the U.S. government) offers a recycling opportunity to dramatically reducing nuclear waste. Figure 1 - NANO Nuclear Energy Inc. Collaborates with Curio to Optimize the Nuclear Fuel Recycling Capabilities of its Advanced Portable Microreactors. The companies will now collaborate for one year and seek to optimize NANO Nuclear’s fuel designs for enhanced recyclability and seek to implement cutting edge recycling methods utilizing the NuCycle process. The collaboration will also explore opportunities to integrate recycled fuel into NANO Nuclear’s advanced microreactor designs. The MOU is preliminary, but if the collaboration evolves as expected, the companies would ultimately seek enter into more formal definitive documentation. \"Our collaboration with Nano Nuclear exemplifies our commitment to working across the entire spectrum of the nuclear industry,” said Edward McGinnis, CEO of Curio. “NANO Nuclear's innovative approach to reactor design aligns perfectly with our vision for a sustainable nuclear future. We are excited to work with NANO Nuclear on creating tomorrow's nuclear energy solutions.\" The first advanced portable nuclear microreactor company to publicly list in the U.S., NANO Nuclear has worked diligently to develop its portabl...