NANO Nuclear Energy Inc. (NNE) saw its stock surge over 5% in pre-market trading on Tuesday, following the announcement of a successful pilot project and expanded collaboration with Everstar, an AI compliance solutions provider.

The pilot project aimed to address regulatory challenges in the nuclear sector by implementing Everstar's AI solutions across NANO Nuclear's regulatory and licensing workflows. The successful three-month pilot marked an important step in streamlining NANO Nuclear's processes and optimizing resource allocation while maintaining a commitment to safety and quality.

Building on this initial success, NANO Nuclear and Everstar will further develop AI-powered solutions to tackle other critical challenges in the nuclear industry, such as inspection and quality assurance, streamlined sourcing and logistics, and improved reactor design and safety qualification processes. The expanded efforts aim to accelerate the deployment of nuclear power by simplifying and optimizing the full lifecycle of reactor development, regulatory licensing, and operations.