NANO Nuclear Energy Announces Acquisition of U.S. Nuclear Fuel Processing Assets
New York, N.Y., October 1, 2026 — NANO Nuclear Energy Inc. (NASDAQ: NNE), an advanced nuclear energy company, has announced a definitive asset purchase agreement with Radnostix, Inc. to acquire strategic U.S. nuclear fuel processing assets. This acquisition includes a Nuclear Regulatory Commission (NRC) license and proprietary technologies related to a planned depleted uranium hexafluoride (DUF6) deconversion facility in Lea County, New Mexico.
Key Highlights
- Strategically Valuable Assets: The acquisition adds to NANO Nuclear’s capabilities in the nuclear fuel cycle and positions the company as one of only ten NRC-licensed fuel cycle facilities in the U.S.
- Regulatory Flexibility: Owning an existing NRC-licensed facility can lead to a more efficient regulatory pathway for future fuel cycle processes.
- Vertical Integration Strategy: The deal aligns with NANO Nuclear’s long-term goal of establishing a vertically integrated nuclear energy platform.
Management Statements
James Walker, CEO of NANO Nuclear, emphasized the strategic importance of this acquisition: “Securing an NRC-licensed facility offers us a foundation that’s challenging to replicate, giving us multiple pathways to expand our domestic fuel cycle capabilities.”
Transaction Details
- The total consideration for the assets is $9.5 million in cash and $4.0 million in NANO common stock.
- The closing of the transaction is subject to NRC approval and other necessary consents, expected within 90 to 120 days.
About NANO Nuclear Energy
NANO Nuclear Energy focuses on a diversified business model across several lines, including microreactor technologies and nuclear fuel transportation. The company aims to create a complete and resilient domestic nuclear energy industry.
For more details, visit NANO Nuclear Energy’s website.
Media Contact:
- Email: IR@NANONuclearEnergy.com
- Phone: (212) 634-9206
Cautionary Note: This announcement may contain forward-looking statements regarding future events that may impact NANO Nuclear’s business performance and are subject to numerous risks and uncertainties.
Stay updated via our social media channels for more information and corporate updates.
