Nano Nuclear Energy joins Virginia nuclear industry consortium

Nano Nuclear Energy Inc. (NASDAQ: NNE) announced it has joined the Virginia Nuclear Energy Consortium (VNEC), a state-established organization that brings together nuclear technology developers, utilities, universities, research institutions, and engineering companies operating in Virginia.

As part of the membership, Nano Nuclear Chief Executive Officer James Walker will join the VNEC Board of Directors. The company stated it intends to use the membership to build relationships with organizations evaluating power solutions for data centers and other high-load industrial customers in Virginia.

VNEC was established by Virginia statute and formally created in 2015. The consortium developed the Virginia Is Nuclear 2025-2029 Strategic Plan, which includes goals to deploy advanced and small modular reactors, establish a research and education reactor facility, expand the nuclear supply chain, and develop workforce pipelines.

Virginia hosts what the press release describes as the world's largest data center market, and state policymakers have identified advanced nuclear energy as a potential source of carbon-free power for data centers, manufacturing facilities, hospitals, and military installations.

Nano Nuclear is currently advancing its Kronos MMR Energy System, a stationary high-temperature gas-cooled reactor in construction permit pre-application engagement with the U.S. Nuclear Regulatory Commission, in collaboration with the University of Illinois Urbana-Champaign. The company also has a portable solid core battery reactor called Zeus and a space-focused portable reactor called the Loki MMR.

"Virginia represents one of the most compelling locations in the United States for the future deployment of advanced nuclear technology," said Jay Yu, Chairman and Founder of Nano Nuclear Energy.

Nano Nuclear subsidiaries include Advanced Fuel Transportation Inc., which acquired Secured Transportation Services in May 2026, and HALEU Energy Fuel Inc., which is focused on developing a domestic High-Assay, Low-Enriched Uranium fuel fabrication pipeline.

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