NANO Nuclear subsidiary completes nuclear transport missions
NANO Nuclear Energy Inc. (NASDAQ: NNE) announced that its recently acquired subsidiary Secured Transportation Services completed three nuclear materials transport missions aligned with the U.S. Department of Energy and National Nuclear Security Administration.
The missions included transporting approximately 1.7 metric tons of high-assay low-enriched uranium from Japan, which NNSA described as the largest single international uranium shipment in its history. STS also supported the removal of 13.5 kilograms of highly enriched uranium from Venezuela's dormant RV-1 research reactor and completed a domestic HALEU delivery for advanced reactor fuel testing.
The Japan mission involved coordinated international licensing, maritime transport, port operations, and overland delivery to the DOE's Savannah River Site in South Carolina. The campaign also included transporting six Type B spent nuclear fuel casks to the same facility.
The Venezuela operation supported U.S. nonproliferation objectives by eliminating what officials called a proliferation risk in the Western Hemisphere. The removed material was transported to the Savannah River Site for processing and down-blending for future use in America's nuclear fuel supply chain.
STS provides nuclear engineering and materials transport services domestically and internationally. The company specializes in Type A and Type B radioactive materials transport, regulatory compliance, and international permitting.
"These campaigns showcase the advanced expertise, regulatory discipline, and operational capabilities that are now part of our microreactor and fuel supply chain platform," said James Walker, Chief Executive Officer of NANO Nuclear Energy.
NANO Nuclear develops portable nuclear microreactor technologies and operates subsidiaries focused on nuclear fuel supply chain, transportation, space applications, and consulting services. The company's reactor products in development include the KRONOS MMR Energy System, ZEUS solid core battery reactor, and the space-focused LOKI MMR.
