Nano Nuclear Energy Inc. completes acquisition of Micro Modular Nuclear Reactor Business from Ultra Safe Nuclear Corporation

Nano Nuclear Energy Inc. has recently finalized the acquisition of select assets from Ultra Safe Nuclear Corporation, including certain assets related to its micro modular nuclear reactor business and transportable fission power system technology. The acquisition, which was completed on January 10, 2025, involved the purchase of intellectual property rights, contracts with third-party collaborators, and rights related to demonstration projects. Nano Nuclear Energy Inc. aims to strengthen its intellectual property foundation and commercial prospects as a leader in advanced nuclear reactor technologies through this strategic move.