NANO Nuclear Energy Inc (NNE) stock surged 5.19% in Thursday's intraday trading session, as the advanced nuclear energy company announced the acquisition of a key worldwide patent portfolio surrounding the design of a modular transportable nuclear generator.
The acquired patents, including the U.S. Patent No. 10,229,757 B2 titled "Modular Transportable Nuclear Generator," grant NANO Nuclear additional protections for its proprietary advanced portable microreactors in development, such as the ZEUS and ODIN reactors, as well as the KRONOS MMR™ and LOKI MMR™ systems.
According to NANO Nuclear's management, the expanded intellectual property portfolio strengthens the company's position as a global leader in advanced nuclear energy technology, safeguarding its innovations as it advances toward demonstration, regulatory licensing, and eventual commercialization of its nuclear energy systems.
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