NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is establishing a purpose-built demonstration facility in Westchester County, New York to be used to demonstrate the operation and viability of several non-nuclear parts and components of NANO Nuclear’s four nuclear microreactors in development: ZEUS^TM, ODIN^TM, LOKI MMR^TM and KRONOS MMR^TM.

Figure 1 – Image of Exterior of NANO Nuclear’s New Advanced Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, NY

The facility will also support ongoing work on NANO Nuclear’s SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology. ALIP addresses challenges in high-efficiency thermal fluid management for clean energy and high-temperature industrial processes and is based on electromagnetic (rather than mecha1nical) pumps. A key enabling technology for NANO Nuclear’s suite of nuclear microreactors, ALIP is being further developed under the SBIR Phase III project to accelerate the transition from research to practical products and services.

“This advanced facility, will play a major role in our development efforts, providing our technical teams with access to key physical data. We plan to announce timely updates throughout the year on certain key research and developmental milestones,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “The facility will also be used to advance commercialization efforts surrounding our ALIP technology, which could have a significant impact on the wider nuclear energy sector in addition to being a key enabling technology for our own, proprietary suite of microreactor technologies.”

Figure 2 – Image of NANO Nuclear’s Management and Technical teams at the Company’s New Advanced Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, New York

The expansion of NANO Nuclear’s operations in New York State follows its December 17, 2024 response to a New York State Energy Research and Development Authority (NYSERDA) Request for Information (RFI) concerning the development of advanced nuclear energy technologies in New York State. The demonstration facility will enhance NANO Nuclear’s ability to support the New York’s pursuit of cost-effective alternatives to heavily polluting carbon-based energy sources and intermittent options such as wind or solar. The facility is in the final stages of retrofitting and is expected to be operational this spring.

“We are excited to announce this additional significant milestone to our journey as a company and the advancement of our technology,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “Once operational, the facility will provide our technical teams with invaluable opportunities to gather physical data and optimize designs to integrate non-nuclear components effectively. This is a critical step in accelerating our reactor development and ensuring the seamless integration of all components in the final product.”

Onsite attendance at NANO Nuclear Energy’s specialized facility in New York State:

• Jay Yu, Founder and Chairman
• James Walker, CEO & Head of Reactor Development
• Professor Ian Farnan, Lead of Nuclear Fuel Cycle, Radiation and Materials
• Professor Massimiliano Fratoni, Senior Director and Head of Reactor Design
• Professor Peter Hosemann, Head of Nuclear Reactor Design and Materials
• Carlos O. Maidana, Ph.D., MBA, Head of Thermal Hydraulics and Space Program
• John G. Vonglis, Executive Director of Global Government Affairs
• Michael Norato, Ph.D., Director of Nuclear Facilities and Infrastructure
• David Tiktinsky, Head of Nuclear Regulatory Licensing
• Eric R. Oesterle, Head of Microreactor Regulatory Licensing
• Oscar Leandro, MBA, VP of International Business
• Ross Mitchell, Nuclear Engineer and Project Manager
• Michael Lim, Manufacturing and Operations Manager
• Josey Anna Widhalm, Office Director & Marketing Manager