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NANO Nuclear Energy Highlights Recent Acquisition of Key Worldwide Patent Portfolio Surrounding the Design of a Modular Transportable Nuclear Generator
Patents recently acquired from Ultra Safe Nuclear add protections relating to NANO Nuclear’s proprietary, portable and modular microreactors in development,
About this update from Nano Nuclear Energy Inc.
[{"type":"text","content":"Patents recently acquired from Ultra Safe Nuclear add protections relating to NANO Nuclear’s proprietary, portable and modular microreactors in development, ZEUS and ODIN as well as recently acquired KRONOS MMR and LOKI MMR reactors New York, N.Y., Jan. 23, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today highlighted its recently acquisition of important intellectual property pertaining to its modular microreactor technologies under development, encompassing patents granted across multiple jurisdictions. The acquired patent portfolio includes Patent No. US 10,229,757 B2, titled “Modular Transportable Nuclear Generator” granted by the United States Patent and Trademark Office (USPTO) as well as related patents issued in Canada, the Russian Federation, Japan, The People’s Republic of China, the Republic of Korea and by the World Intellectual Property Organization. The patents were recently acquired by NANO Nuclear in its previously announced transaction with Ultra Safe Nuclear Corp. The patent portfolio grants NANO Nuclear additional protections surrounding its transportable, compact modular nuclear generator systems and supports variable operations with multiple core configurations and applications, including the generation of electric power and process heat. This intellectual property is expected to enhance the protections for NANO Nuclear’s own proprietary advanced portable ZEUS and ODIN microreactors, as well the KRONOS MMRTM and LOKI MMRTM reactors, all of which are currently in development. Figure 1 - NANO Nuclear’s proprietary advanced portable ZEUS and ODIN microreactors, as well the the KRONOS MMRTM and LOKI MMRTM reactors, all of which are currently in development. The energy systems are designed to be easily transportable and retrievable, including systems developed to passively ensure core cooling under all accident scenarios and may provide power ratings from 10 to 45 mega-watt thermal (MWt). Their design aims to reduce the balance of plant, shrinking the maximum size of the reactor by simplifying its cooling systems and decreasing the system’s footprint on site. Additionally, the patented design enables multiple microreactors to be clustered to match site-speci...