NANO Nuclear Energy Inc. (NNE) saw its stock surge 5.36% in Thursday's pre-market trading session, following the company's announcement of a key partnership to advance the development of its innovative ODIN portable nuclear microreactor.
The company has partnered with Thermal Engineering International (TEi), a leading supplier of heat transfer technology to the power generation industry, to design and fabricate critical heat exchanger components for the ODIN reactor. This collaboration marks a significant milestone in the development roadmap for NANO Nuclear's proprietary microreactor technology.
TEi will develop detailed designs and oversee the fabrication of both primary and secondary heat exchangers, which are essential components for optimizing the reactor's performance and efficiency. By leveraging TEi's expertise in heat exchanger technology, NANO Nuclear aims to minimize development risks and ensure the ODIN microreactor meets performance benchmarks before advancing to full demonstration and regulatory licensing.
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