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NANO Nuclear Energy Inc. Announces Designation for Its 1st Generation Proprietary Portable and On-Demand Capable micro-SMR Nuclear Reactor as “ZEUS”

By District Energy posted 09-01-2022 09:00

  

GlobeNewswire

Summary

NANO Nuclear Energy Inc. (“NANO Nuclear”), emerging from the shared micro-Small Modular Reactor (mSMR) and Advanced Nuclear Reactor (ANR) ambitions of a world class nuclear technical team filled with the most influential and foremost nuclear experts in the field, working alongside business and industry professionals, possessing strong relationships with both government, and the private and public nuclear industries, is pleased to announce that it has designated its proprietary portable and on-demand capable micro-Small Modular Reactor (mSMR) as “ZEUS”

mSMRs produce between 1 and 20 megawatts of thermal energy that could be used directly as heat or converted to electric power. Generating clean and reliable electricity for commercial use or for non-electric applications such as district heating, water desalination and hydrogen fuel production, mSMRs are a highly adaptable and portable alternative to traditional nuclear reactors.

“Advanced nuclear reactors are the next logical step in the growth of the nuclear industry and we have seen how rapidly numerous governments around the world have thrown their support behind their development. ZEUS is the next logical step in the development of safer, smaller, cheaper, efficient, and portable nuclear reactors,” said Winston Chow, Chief Policy Officer and Board Member of NANO Nuclear Energy Inc. “As a former DOE Senior Advisor, I understand the importance of having a working relationship with the government, especially on the next generation of advanced nuclear reactor technology such as this. At the same time, our corporate team has truly impressed me with their dedication and drive to execute milestones at a very fast and impressive pace.”

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