Globe Newswire
Summary
NANO Nuclear Energy Inc. ("NANO Nuclear"), an emerging microreactor and advanced nuclear technology company, led by a world-class nuclear engineering team developing proprietary, portable, and clean energy solutions, announced that Idaho National Laboratory (INL) has completed a pre-conceptual design review of NANO Nuclear’s “ODIN” low-pressure coolant microreactor design.
Following NANO Nuclear’s announcement of its Strategic Partnership Project Agreement with INL in April 2023, INL, operated by Battelle Energy Alliance under the U.S. Department of Energy, advanced its examination of NANO Nuclear’s designs for its proprietary advanced microreactor “ODIN” through a panel of national laboratory engineers and scientists. The review was requested by NANO Nuclear to provide an external audit of the technical work completed to date on the “ODIN” microreactor. The review served to ensure that NANO Nuclear has thoroughly considered the necessary aspects of its design and the applicable regulations for advancing the technology towards a commercial product.
NANO Nuclear expects that INL will perform a similar review of its proprietary “ZEUS” microreactor in February 2024.
“Idaho National Laboratory has been instrumental in aligning our operations with the United States’ energy objectives and strategic direction,” said Jay Jiang Yu, NANO Nuclear Energy’s Founder and Executive Chairman. “Through the laboratory’s thorough evaluation of NANO Nuclear's proprietary reactor, ‘ODIN’, we have obtained enormously useful and valuable insights to assist our technological development. This collaboration has equipped our world-class team with essential guidance and utilized a national laboratory expertise to maintain our progress in the field of advanced nuclear reactors.”
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