Nano Nuclear Energy Inc. (NASDAQ: NNE) said it signed a Letter of Intent with IP3 Corporation and Cybernetic Intelligence to jointly pursue nuclear-powered artificial intelligence, national security, and computing infrastructure projects in the United States and select international markets.

The LOI, which was executed last month, names Nano Nuclear as a preferred provider of nuclear technology and services to IP3 and Cybernetic Intelligence for opportunities pursued through the collaboration. The agreement is described as non-binding and non-exclusive.

Under the framework, Nano Nuclear would contribute advanced microreactor technology, nuclear fuel supply and logistics, and reactor operations capabilities. IP3 would provide project origination, development, financing, and government engagement, while Cybernetic Intelligence would contribute expertise in AI infrastructure and compute sovereignty.

Areas under consideration include advanced reactor pilot programs for military applications, energy-resilience solutions for defense and intelligence installations, sovereign AI and high-performance computing infrastructure, maritime nuclear applications, and international energy projects.

As an initial step, the parties intend to identify and begin a mutually agreed pilot program. Any pilot would be subject to a separate project-specific agreement covering scope, timeline, commercial terms, and deliverables.

"Being selected as a preferred nuclear technology and services provider for opportunities explored under this collaboration is another meaningful step in expanding future commercial pathways for our company," said James Walker, Chief Executive Officer of Nano Nuclear Energy.

Michael W. Hewitt, Chief Executive Officer of IP3 Corporation, said the opportunity in advanced nuclear "now turns on execution," adding that the effort requires technology, customers, capital, regulatory strategy, and development expertise working together.

Any future projects remain subject to further due diligence, regulatory and governmental approvals, financing, and the negotiation of definitive agreements.