HALEU Energy Fuel Inc., a subsidiary of NANO Nuclear Energy Inc., is focused on the development and manufacture of High-Assay Low-Enriched Uranium (HALEU) for its reactors, and other SMR and microreactor companies. Given the current nuclear fuel landscape, HALEU Energy Fuel has identified major challenges for fueling its anticipated advanced portable microreactors and is looking to invest its resources into developing fabrication facilities to produce HALEU fuel suited for both its reactor operations, and other upcoming and emerging reactor companies.
What is HALEU?
High-Assay Low-Enriched Uranium
HALEU is uranium that has been enriched so that the concentration of the fissile isotope U-235 is between 5 and 19.9 percent of the mass of the fuel (uranium-235 is the main fissile isotope that produces energy during a chain reaction.)
HALEU fuel has many advantages that improve reactor performance and is required for most U.S. advanced reactors to achieve smaller designs that get more power per unit of volume. HALEU will also allow developers to optimize their systems for longer life cores, increased efficiencies and better fuel utilization.
Developing Advanced Reactors
More than 20 U.S. companies are developing advanced reactors that will change the way we think about the nuclear industry. The majority of these designs will require a fuel that isn’t yet available at a commercial scale. These companies can’t bring their reactors to life without HALEU!
NANO Nuclear Energy Inc. Selected as an Official Founding Member of the U.S. Department of Energy (DOE) New High-Assay Low-Enriched Uranium (HALEU) Consortium
A part of the HALEU Availability Program, the HALEU Consortium was established on December 7th, 2022, under the Energy Act of 2020 to support the availability of high-assay low-enriched uranium (“HALEU”) for civilian domestic research, development, demonstration, and commercial use. NANO Nuclear’s newest subsidiary, HALEU Energy Fuel Inc., will play a crucial role in the collaboration with the DOE on the future of North America’s HALEU fuel pipeline, reinforcing the United States energy sovereignty.