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NANO Nuclear Energy Signs Memorandum of Understanding with EHC Investment L.L.C to Advance Micro Modular Reactor Deployment in the UAE
New York, N.Y., Feb. 24, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro
About this update from Nano Nuclear Energy Inc.
[{"type":"text","content":"New York, N.Y., Feb. 24, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) with EHC Investment L.L.C. (EHC), a diversified United Arab Emirates (UAE) investment holding company based in Abu Dhabi, to explore a joint venture aimed at deploying micro modular reactors, notably NANO Nuclear’s KRONOS MMR™ Energy System, and necessary supply chains in the UAE. Figure 1 - NANO Nuclear Energy Inc. Signs a Memorandum of Understanding (MOU) with EHC Investment L.L.C (EHC) to Support the Advancement of the KRONOS MMR™ Energy System in the UAE and Select Markets within the Gulf region. Ali Al Gebely, Managing Director of EHC Investment and Jay Yu, Founder and Chairman of NANO Nuclear Energy. It is anticipated that the parties will seek to enter into a formal joint venture following the successful securing of a first commercial project or order. NANO Nuclear and EHC will also explore the future potential for deploying KRONOS MMR™ reactors in select markets across the wider Gulf region. EHC is a holding company built on over 35 years of proven success with its leadership and 12 subsidiaries. Committed to long-term stability and growth, EHC is shaping a resilient portfolio to create lasting impact for shareholders and drive a brighter, more innovative future. An EHC subsidiary, EHC Energy, is a leading force in the UAE’s energy sector, delivering comprehensive solutions in gas contracting, distribution, trading, operations, and maintenance. With a legacy of over three decades, EHC Energy has played a pivotal role in advancing the UAE’s energy infrastructure, contributing significantly to the nation’s economic growth and urban development. Figure 2 - NANO Nuclear Energy Inc. Signs a Memorandum of Understanding (MOU) with EHC Investment L.L.C (EHC) to Support the Advancement of the KRONOS MMR™ Energy System in the UAE and Select Markets within the Gulf region. Ali Al Gebely, Managing Director of EHC Investment and James Walker, CEO of NANO Nuclear Energy. Ali Al Gebely, Managing Director of EHC, stated “This collaboration reflects our long-term commitment to positioning the UAE at the forefront of next gen...