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 highlighted additional important patents recently acquired from Ultra Safe Nuclear Corp. (USNC), which augment protections for NANO Nuclear’s modular microreactor technologies under development.
Patent No. US 11,264,141 B2, titled “Composite Moderator for Nuclear Reactor Systems,” relates to the design and construction of composite moderators with a view towards improving safety and waste management by addressing graphite oxidation found in conventional, individual moderator systems. Additionally, the patented advanced design reduces waste and structural deterioration, enabling the moderator to serve throughout the fuel’s lifecycle without requiring replacement in the reactor core. This intellectual property is expected to enhance the protections for NANO Nuclear’s own proprietary advanced portable ZEUS and ODIN microreactors, as well the KRONOS MMR™ and LOKI MMR™ reactors, all of which are currently in development.
The U.S. patent is accompanied by related patents issued in Canada, the Russian Federation, Japan, The People’s Republic of China, the Republic of Korea and by the European Patent Office. An application with the World Intellectual Property Organization is currently in progress. Today’s announcement follows last week’s announcement of NANO Nuclear’s acquisition of patents from USNC supporting modular transportable reactors with variable operations and multiple core configurations and applications, including the generation of electric power and process heat.
Figure 1 – NANO Nuclear expands intellectual property portfolio to protect proprietary advanced portable ZEUS and ODIN microreactors, as well the KRONOS MMR™ and LOKI MMR™ reactors, all of which are currently in development.
“As our technical teams continue their deeper exploration of the various nuclear technology patents we acquired from USNC, the benefits that these pivotal patents will provide to our development plans becomes more apparent,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “Regarding the composite moderator patent highlighted today, this innovative design is expected to reduce the maintenance requirements of our modular, portable nuclear reactors while improving overall performance. We believe it will also play a key role in eliminating excess waste byproducts, enabling NANO Nuclear to build cleaner, more robust and cost-effective energy systems.”
“The addition of this world-class intellectual property to our portfolio is key in the development and eventual deployment of our innovative, portable and secure nuclear energy systems,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “Improving the functionality of these critical parts enables us to cut down the waste produced during operation and create a safer and more efficient product. These important patents not only create the potential to improve performance but also underscores our commitment to sustainability and thoughtful design.”
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