NANO Nuclear Energy Advances Vertical Integration Strategy by Signing Definitive Agreement to Acquir

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NANO Nuclear Energy Advances Vertical Integration Strategy by Signing Definitive Agreement to Acquire Strategic NRC-Licensed U.S. Nuclear Fuel Processing Assets

https://www.globenewswire.com/news-release/2026/10/01/3372810/0/en/nano-nuclear-energy-advances-vertical-integration-strategy-by-signing-definitive-agreement-to-acquire-strategic-nrc-licensed-u-s-nuclear-fuel-processing-assets.html

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NANO Nuclear Energy and its subsidiary HALEU Energy Fuel signed a definitive agreement to acquire nuclear fuel processing assets from Radnostix. The transaction includes $9.5 million in cash and $4 million in common stock, pending regulatory approvals and license transfers.

The purchase grants ownership of one of ten Nuclear Regulatory Commission licensed fuel cycle facilities in the United States. Acquiring the existing Lea County site in New Mexico provides a regulatory foundation for domestic fuel processing and supports the company strategy for vertical integration in advanced reactor deployment.

Acquisition would provide NANO Nuclear with strategically valuable NRC-licensed fuel cycle assets and optionality to pursue domestic nuclear fuel cycle...

October 01, 2026 08:00 ET | Source: NANO Nuclear Energy Inc. NANO Nuclear Energy Inc.

Upon completion of the transaction and transfer of the NRC license, NANO Nuclear would own one of ten NRC-licensed fuel cycle facilities in the United States

New York, N.Y., Oct. 01, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or the "Company"), an advanced nuclear energy and technology company developing microreactors, nuclear fuel cycle capabilities and nuclear transportation solutions, today announced that NANO Nuclear and its wholly owned subsidiary, HALEU Energy Fuel Inc., have entered into a definitive asset purchase agreement with Radnostix, Inc. (formerly International Isotopes Inc.) and its subsidiary...

Read the full article at GlobeNewswire News Room:
https://www.globenewswire.com/news-release/2026/10/01/3372810/0/en/nano-nuclear-energy-advances-vertical-integration-strategy-by-signing-definitive-agreement-to-acquire-strategic-nrc-licensed-u-s-nuclear-fuel-processing-assets.html