NANO Nuclear joins 127 global nuclear energy and technology companies to support the goal of tripling global nuclear energy capacity by 2050
New York, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear"), an emerging vertically integrated microreactor and advanced nuclear technology company led by a world-class nuclear engineering team developing proprietary, portable, and clean energy solutions, is pleased to announce that is has committed its support to the World Nuclear Association's Net Zero Nuclear ("NZN") initiative.
Partners of the initiative, including other U.S. corporations such as Uranium Energy Corp. and Centrus Energy Corp., recognize that nuclear generation is the largest source of clean, low-carbon electricity in member countries of the Organisation for Economic Co-operation and Development (OECD) and that a resilient strategy for achieving net-zero should include an increase in the share of electricity provided by nuclear energy.
Figure 1 - NANO Nuclear Energy Inc. (NASDAQ NNE) Signs the Net Zero Nuclear Industry Pledge in Solidarity with the Declaration to Triple Nuclear Energy made at COP28.
The initiative aims to focus the industry's collective efforts on realistic, actionable, solutions-focused dialogue to enable the rapid expansion of the global nuclear fleet and the acceleration research and development into emerging nuclear technologies.
"Nano Nuclear Energy has joined the more than 120 companies that have pledged to support global efforts to triple nuclear energy capacity by 2050. I welcome NANO Nuclear's endorsement of the Net Zero Nuclear Industry Pledge and encourage other companies to follow their example" said Sama Bilbao y León, Director General of World Nuclear Association"
The 128 companies currently involved with the NZN seek to at least triple nuclear capabilities by 2050 to help achieve global goals for decarbonization, clean energy supply and enhanced energy resiliency and security, as outlined by more than 20 countries from four continents during the World Climate Action Summit of the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change.
Nuclear technologies are expected to have a significant role in helping decarbonize hard to abate sectors, for example through the provision of high temperature industrial process heat, hydrogen production, district heating and the production of synthetic fuels. This is a belief that is shared by NANO Nuclear.
"The Net Zero Nuclear initiative is a testament to the rekindled interest in the nuclear energy industry and shows a collective commitment to sustainable energy solutions we are very proud to support," said Jay Yu, Executive Chairman and President of NANO Nuclear Energy. "By supporting the initiative to triple nuclear energy capacity by 2050, we are contributing to the significant momentum in the industry as we aim to meaningfully contribute to a sustainable energy future. This initiative aligns with our mission to advance nuclear technology and underscores our dedication to achieving net zero emissions. We are honored to join leading nuclear and technology companies around the world in our collective commitment to sustainable energy solutions."
A core principle of NANO Nuclear's mission is the comprehensive revitalization of the nuclear energy industry in the United States. As such, NANO Nuclear has positioned itself at the forefront of numerous business verticals, including nuclear fuel fabrication and transportation, in addition to developing its own portable microreactor solutions and providing nuclear consulting services.
Assuming the development and commercialization of its exclusively licensed high-capacity HALEU fuel transportation basket, created by three major U.S. national nuclear laboratories and funded by the Department of Energy, we believe that NANO Nuclear's wholly owned subsidiaries, Advanced Fuel Transportation and HALEU Energy Fuel, may become part of the only vertically integrated nuclear fuel business of its kind in North America.
Many next-generation Small Modular Reactor (SMRs) and microreactors (defined as reactors generating less than 20 megawatts of power) are designed to utilize High-Assay Low-Enrichment Uranium (HALEU) fuel. With the expectation that demand and competition for HALEU will continue to grow, NANO Nuclear is taking measures to ensure it has the material necessary to power its reactors, ensure manufacture of its products and support the broader industry.
"The global community is gradually recognizing the critical role of nuclear energy in achieving a sustainable future," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "The nuclear energy industry must overcome several challenges, including the bottleneck in the supply of HALEU, which will intensify once the recent ban on Russian uranium imports goes into effect this summer. However, this ban also releases $2.72 billion in federal funding to expand the U.S. uranium industry, signifying a pivotal opportunity to address supply chain constraints, bolster domestic production, and take a step closer to achieving the goals set out at COP28."
About Net Zero Nuclear
Net Zero Nuclear is an initiative that calls for unprecedented collaboration between government and industry leaders to at least triple global nuclear capacity to achieve carbon neutrality by 2050. The initiative aims to focus the industry's collective efforts on realistic, actionable, solutions-focused dialogue to enable the rapid expansion of the global nuclear fleet and the acceleration research and development into emerging nuclear technologies.
About NANO Nuclear Energy Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an emerging, advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across four business lines: (i) cutting edge portable microreactor technology, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation and (iv) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team, NANO Nuclear's products in technical development are "ZEUS", a solid core battery reactor, and "ODIN", a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.
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Cautionary Note Regarding Forward Looking Statements
This news release and statements of NANO Nuclear's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results (including the anticipated benefits of Gen. Clark's association with the Company or the results of NANO Nuclear's microreactor development activities as described herein) to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE") nuclear fuel manufacturing submission and the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, (ii) our ability to obtain contracts and funding to be able to continue operations; (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive advanced nuclear reactor technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and similar risks and uncertainties associated with the business of a start-up business operating a highly regulated industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
NANO Nuclear加入了全球127家核能和技術公司的行列，以支持到2050年將全球核能容量增加三倍的目標
紐約州紐約，2024年5月23日（GLOBE NEWSWIRE）——NANO Nuclear Energy（納斯達克股票代碼：NNE）（“NANO Nuclear”）是一家由開發專有便攜式清潔能源解決方案的世界級核工程團隊領導的新興垂直整合微反應堆和先進核技術公司，很高興地宣佈，它已承諾支持世界核協會的淨零核（“NZN”）倡議。
該計劃的合作伙伴，包括鈾能源公司和Centrus Energy Corp. 等其他美國公司，都認識到，核能發電是經濟合作與發展組織（經合組織）成員國最大的清潔、低碳電力來源，實現淨零的彈性戰略應包括增加核能提供的電力份額。
圖 1-納米核能公司（NASDAQ NNE）簽署了《核工業淨零承諾》，以聲援在 COP28 上發表的《核能三倍宣言》。
該計劃旨在將業界的集體努力集中在切合實際、可行、以解決方案爲重點的對話上，以實現全球核機隊的快速擴張和新興核技術的研究和開發。
“納米核能已加入120多家公司的行列，這些公司承諾支持到2050年將核能容量提高三倍的全球努力。我歡迎NANO Nuclear認可《核工業淨零承諾》，並鼓勵其他公司效仿。” 世界核協會總幹事薩瑪·畢爾巴鄂和萊昂說。”
正如來自四大洲的20多個國家在28國世界氣候行動峯會期間所概述的那樣，目前參與NZN的128家公司力求到2050年將核能力至少提高三倍，以幫助實現脫碳、清潔能源供應以及增強能源彈性和安全的全球目標第四 《聯合國氣候變化框架公約》締約方會議。
核技術有望在幫助難以減排的行業脫碳方面發揮重要作用，例如通過提供高溫工業過程熱能、氫氣生產、區域供熱和合成燃料的生產。這是納米核能的共同信念。
NANO Nuclear Energy執行董事長兼總裁Jay Yu表示：“淨零核計劃證明了人們重新燃起了人們對核能行業的興趣，也表明了我們對可持續能源解決方案的集體承諾，我們非常自豪能夠支持。”“通過支持到2050年將核能容量提高三倍的倡議，我們正在爲該行業的強勁勢頭做出貢獻，因爲我們的目標是爲可持續能源的未來做出有意義的貢獻。該舉措符合我們推進核技術的使命，凸顯了我們對實現淨零排放的承諾。我們很榮幸能加入全球領先的核電和技術公司，共同致力於可持續能源解決方案。”
NANO Nuclear使命的核心原則是全面振興美國的核能產業。因此，除了開發自己的便攜式微反應堆解決方案和提供核諮詢服務外，NANO Nuclear還將自己定位在衆多垂直業務領域的最前沿，包括核燃料製造和運輸。
假設由美國三大國家覈實驗室創建並由能源部資助的獨家許可的大容量HALEU燃料運輸籃子已開發和商業化，我們認爲NANO Nuclear的全資子公司Advanced Fuel Transportation和HALEU Energy Fuel可能會成爲北美唯一的垂直整合核燃料業務的一部分。
許多下一代小型模塊化反應堆（SMR）和微反應堆（定義爲功率小於20兆瓦的反應堆）都設計爲使用高測定低濃縮鈾（HALEU）燃料。預計對HALEU的需求和競爭將繼續增長，NANO Nuclear正在採取措施，確保其擁有爲反應堆提供動力、確保其產品製造和支持更廣泛的行業所需的材料。
納米核能首席執行官詹姆斯·沃克說：“全球社會逐漸認識到核能在實現可持續未來方面的關鍵作用。”“核能行業必須克服一些挑戰，包括HALEU供應的瓶頸，一旦最近的俄羅斯鈾進口禁令於今年夏天生效，這種瓶頸將加劇。但是，該禁令還釋放了27.2億美元的聯邦資金，用於擴大美國的鈾產業，這標誌着解決供應鏈限制、提高國內產量以及向實現 COP28 設定的目標又近了一步的關鍵機會。”
關於 “淨零核”
淨零核能是一項倡議，呼籲政府與行業領導者進行前所未有的合作，將全球核能力至少提高三倍，到2050年實現碳中和。該計劃旨在將業界的集體努力集中在切合實際、可行、以解決方案爲重點的對話上，以實現全球核機隊的快速擴張和新興核技術的研究和開發。
關於納米核能公司
NANO Nuclear Energy Inc.（納斯達克股票代碼：NNE）是一家以先進技術爲導向的新興核能公司，致力於成爲一家以商業爲重點、多元化和垂直整合的公司，涵蓋四個業務領域：（i）尖端的便攜式微反應堆技術，（ii）核燃料製造，（iii）核燃料運輸和（iv）核工業諮詢服務。NANO Nuclear認爲這是第一家在美國公開上市的便攜式核微反應堆公司。
在世界一流的核工程團隊的領導下，NANO Nuclear的技術開發產品是 “ZEUS”（固體核心電池反應堆）和 “ODIN”（低壓冷卻劑反應堆），每種產品都代表着清潔能源解決方案的先進發展，這些解決方案是便攜式、可按需使用的先進核微反應堆。
納米核子公司Advanced Fuel Transportation Inc.（AFT）由全球最大的運輸公司的前高管領導，其目標是建立一家北美運輸公司，爲小型模塊化反應堆、微反應堆公司、國家實驗室、軍事和美國能源部項目提供商業數量的HALEU燃料。通過NANO Nuclear，AFT是獲得專利的高容量HALEU燃料運輸籃的獨家許可人，該籃子由美國三大國家覈實驗室開發，由能源部資助。假設開發和商業化，AFT有望成爲北美唯一的垂直整合核燃料業務的一部分。
納米核子公司HALEU Energy Fuel Inc.（HEF）專注於未來爲納米核自有微反應堆以及更廣泛的先進核反應堆行業開發高分析、低濃縮鈾（HALEU）燃料製造管道的國內來源。
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關於前瞻性陳述的警示說明
本新聞稿和NANO Nuclear管理層與本新聞稿或相關事件相關的聲明包含或可能包含經修訂的1934年《證券交易法》第21E條和1995年《私人證券訴訟改革法》所指的 “前瞻性陳述”。在這種情況下，前瞻性陳述是指與未來事件相關的陳述，這些陳述可能會影響我們預期的未來業務和財務業績，通常包含 “期望”、“預期”、“打算”、“計劃”、“相信”、“潛力”、“將”、“應該”、“將” 或 “可能” 等詞語以及其他具有類似含義的詞語。這些前瞻性陳述基於截至本新聞發佈之日我們獲得的信息，代表管理層當前的觀點和假設。前瞻性陳述不能保證未來的業績、事件或結果，涉及已知和未知的風險、不確定性和其他可能超出我們控制範圍的因素。對於NANO Nuclear而言，可能導致我們未來實際業績（包括克拉克將軍與公司合作的預期收益或本文所述的NANO Nuclear微反應器開發活動的結果）與我們的前瞻性陳述中表達的重大差異的特定風險和不確定性包括但不限於以下方面：（i）與美國能源部（“DOE”）提交的核燃料製造文件以及新技術或先進技術的開發相關的風險，包括遇到的困難設計和測試、成本超支、競爭性技術的開發，（ii）我們獲得合同和資金以繼續運營的能力；（iii）與我們在商業上部署具有競爭力的先進核反應堆技術的能力的不確定性相關的風險；（iv）與包括美國能源部和美國核監管委員會在內的政府監管和政策的影響相關的風險；以及與經營高度監管行業的初創企業業務相關的類似風險和不確定性。提醒讀者不要過分依賴這些前瞻性陳述，這些陳述僅在本新聞發佈之日適用。這些因素可能不構成可能導致實際業績與任何前瞻性陳述中討論的結果不同的所有因素。因此，不應將前瞻性陳述作爲實際業績的預測指標。除非法律要求，否則我們不承諾更新我們的前瞻性陳述以反映本新聞發佈之日之後可能發生的事件或情況。
