New York, N.Y., July 24, 2025 (GLOBE NEWSWIRE) — 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 has joined the Canadian Nuclear Association (CNA), the leading Canadian nuclear industry advocacy group since 1960.
According to the CNA, every year in Canada, nuclear technology helps avoid 80 million tons of carbon dioxide emissions by displacing fossil fuels and supplies 50% of the global supply of cobalt-60, radioisotopes that are used to treat cancer and sterilize medical equipment, among other things. With the introduction of next-generation technologies in the form of small or micro nuclear reactors, like those being developed by NANO Nuclear, there is a significant opportunity for Canada to solidify a leading position in the global nuclear industry.
“We’re pleased to welcome NANO Nuclear Energy to the Canadian Nuclear Association. Their focus on advanced microreactor technologies aligns with Canada’s growing leadership in innovative and scalable nuclear solutions. We look forward to supporting their engagement in the Canadian nuclear industry and working together to advance non-emitting, reliable, and secure energy for the future”, said George Christidis, CEO and President Canadian Nuclear Association.
Figure 1 – NANO Nuclear Energy Inc. Joins the Canadian Nuclear Association (CNA) and its Mission to Support the Development of Nuclear Energy Technologies in Canada, including Advanced Nuclear Energy Technologies.
“We are proud to join the Canadian Nuclear Association and support its work to highlight the environmental, economic, and other benefits that nuclear technology brings to Canadians,” said Jay Yu, Founder and Chairman of NANO Nuclear. “Canada has shown strong commitment to advanced nuclear energy systems and is taking concrete steps toward deploying next‑generation reactors like our KRONOS MMRTM, which are actively seeking to develop in Canada. This is an opportune time for NANO Nuclear to focus on our efforts to establish ourselves as the first North American commercially licensed microreactor technology company, and joining the CNA positions us to contribute to, and grow with, Canada’s evolving energy landscape.”
NANO Nuclear has begun to lay the groundwork for site-specific engineering in preparation for bringing its lead microreactor project, the patented KRONOS MMR™ Energy System, to Canada and guiding it toward construction, testing and licensing. Alongside its U.S. progress, NANO Nuclear aims to renew its collaboration with Canadian Nuclear Laboratories and pursue the establishment of a KRONOS MMR™ demonstration site at Chalk River, Ontario, one of the leading hubs for nuclear energy expertise and engineering in Canada. NANO Nuclear further aims to foster technical leadership through strategic business relationships, and its membership in the CNA will enable NANO Nuclear to better position itself to support Canada’s transition to the next generation of advanced nuclear energy systems.
“The Canadian Nuclear Association is a leading voice in the nation’s nuclear sector, and we’re pleased to join the CNA and take an active role in advancing next generation technologies in Canada,” said James Walker, Chief Executive Officer of NANO Nuclear. “Strengthening ties with key policymakers and industry decision‑makers is central to our goal of establishing NANO Nuclear as a global leader in advanced nuclear technology, including micro nuclear reactors. Our membership in the CNA broadens our insight into the Canadian market and positions us for next steps in the country, including establishing a demonstration site for the KRONOS MMR™ in Chalk River, Ontario, in conjunction with the Canadian Nuclear Laboratories and the Canadian Nuclear Safety Commission.”