Company:Nano Nuclear Energy

From HandWiki
Nano Nuclear Energy
TypePrivately held company
IndustryIndustry, Nuclear energy
Founded2021; 3 years ago (2021)
HeadquartersNew York City, US
Key people
Jay Jiang Yu, James Walker (President & CEO)
Products
  • ZEUS: Solid core battery reactor
  • ODIN: Low-pressure coolant reactor
Websitenanonuclearenergy.com

Nano Nuclear Energy is a provider of microreactors and nuclear services. It is headquartered in New York City, United States. Established in 2021. It is an official member of the US Nuclear Industry Council (USNIC) and the Nuclear Institute organization based in the United Kingdom. Was selected as a founding member of the U.S. Department of Energy's HALEU (High Assay Low Enriched Uranium).[1][2][3]

History

Was established in 2021 by Jay Jiang Yu, founder and President of Nano Nuclear Energy. The CEO is James Walker. its headquarters is in New York City.[4][5] In 2022, Nano Nuclear Energy appointed Winston Chow, former senior advisor to the US Department of Energy for East Asia, as chief policy officer (CPO), Ian Farnan, president of the Cambridge Nuclear Energy Center, as leader for the nuclear fuel cycle, radiation and materials and Eugene Shwageraus, professor of nuclear energy systems engineering in the Department of Engineering at the University of Cambridge, as lead member for nuclear reactor engineering. The Company also appointed Lassina Zerbo, Chairman of the Board of Directors of the Rwanda Atomic Energy Board (RAEB), as Chairman of the Executive Advisory Board for Africa, and Jeffrey L. Binder, as Director of Laboratory and Nuclear Technologies.[6][7][8]

Since 2023, it has become an official member of the US Nuclear Industry Council (USNIC), which advocates for the global advanced nuclear energy and supply chain, and the Nuclear Institute , based in the United Kingdom.[9][10][11] Obtained funding of $4.14 million to finance market expansion.[12] Participated in the New Hampshire Commission investigating the implementation of nuclear generation reactor technology in the state.[13]

Nano Nuclear Energy was selected as a founding member of the U.S. Department of Energy's HALEU (High Assay Low Enriched Uranium) Consortium established in 2022 to support availability of nationwide research, development, demonstration, and commercial use.[14][15][16]

Microreactors

In 2023, the Idaho National Laboratory jointly signed a strategic partnership project agreement for a nuclear fuel manufacturing capacity, where micro-reactor products were made; Solid core battery reactor and a low-pressure coolant reactor, named as ZEUS and ODIN, includes passive safety systems, such as conduction and convection, to dissipate heat without complicated mechanical systems.[17][18]

Executive advisors

  • William Blaine Richardson
  • Wesley Clark
  • Robert Gallucci
  • Mark Nichols (Executive Advisor for Military, Defense and Policy)[19]
  • Lassina Zerbo
  • Michelle Amante-Harstine (Strategic Advisor to the Executive Advisory Board for U.S. Energy Initiatives)[20]
  • David Huckeba (Chairman of the Executive Advisory Board for Transportation)

References

  1. "NANO Nuclear Energy Joins the Nuclear Institute" (in en-US). 2023-12-04. https://finance.yahoo.com/news/nano-nuclear-energy-joins-nuclear-130000904.html. 
  2. "US microreactor company sets up HALEU subsidiary : Corporate – World Nuclear News". https://world-nuclear-news.org/Articles/US-micro-reactor-company-sets-up-HALEU-subsidiary. 
  3. Ashdown, Ella (2023-08-22). "NANO Nuclear Energy makes key submission to DOE" (in en-US). https://www.niauk.org/nano-nuclear-energy-makes-key-submission-to-doe/. 
  4. "SEC FORM D". https://www.sec.gov/Archives/edgar/data/1923891/000153412222000011/xslFormDX01/primary_doc.xml. 
  5. "NANO Nuclear Energy" (in en-US). 2023-12-11. https://news.yahoo.com/nano-nuclear-energy-172512003.html. 
  6. "NANO Nuclear Energy Inc. Appoints Winston Chow, former Senior Advisor to the U.S. Department of Energy on East Asia, as Chief Policy Officer and Director of the Company" (in en-US). 2022-04-28. https://finance.yahoo.com/news/nano-nuclear-energy-inc-appoints-110000390.html. 
  7. "NANO Nuclear Energy Inc. Appoints Dr. Lassina Zerbo, former Vice-Chair of the World Economic Forum Global Agenda Council on Nuclear Security, as Chairman of the Executive Advisory Board for Africa". GlobeNewswire News Room (Press release). 2022-08-24. Retrieved 2023-12-22.
  8. "NANO Nuclear Energy Inc. Appoints Dr. Jeffrey L. Binder PhD, MBA, as Head of Nuclear Laboratory and Technologies" (in en-US). 2022-10-11. https://finance.yahoo.com/news/nano-nuclear-energy-inc-appoints-120000524.html. 
  9. "NANO Nuclear Energy Becomes an Official Member of the United States Nuclear Industry Council (USNIC) and Sponsors the Upcoming New Nuclear Capital Summit to be held on Nov. 7, 2023 in NYC with Founder Jay Yu & CEO James Walker as Panelists". GlobeNewswire News Room (Press release). 2023-10-23. Retrieved 2023-12-22.
  10. "Electric Energy Online" (in en). https://electricenergyonline.com/article/organization/36709/1046892/NANO-Nuclear-Energy-Becomes-an-Official-Member-of-the-United-States-Nuclear-Industry-Council-USNIC-.htm. 
  11. "NANO Nuclear Energy Joins the Nuclear Institute" (in en). 2023-12-04. https://www.morningstar.com/news/globe-newswire/8988881/nano-nuclear-energy-joins-the-nuclear-institute. 
  12. Harris, William (2023-02-13). "NANO Nuclear Energy Closes $4.14 Million Round" (in en-US). https://www.citybiz.co/article/380892/nano-nuclear-energy-closes-4-14-million-round/. 
  13. "NANO Nuclear Energy Chief Executive Officer to Present Before New Hampshire Commission Investigating the Implementation of Next Generation Nuclear Reactor Technology in the State". GlobeNewswire News Room (Press release). 2023-10-16. Retrieved 2023-12-22.
  14. "nano-nuclear-selected-as-founding-member-of-haleu-consortium-10622631". https://www.neimagazine.com/news/newsnano-nuclear-selected-as-founding-member-of-haleu-consortium-10622631. 
  15. "HALEU Consortium Members" (in en). https://www.energy.gov/ne/haleu-consortium-members. 
  16. "nano-nuclear-energy-establishes-fuel-subsidiary-10614994". https://www.neimagazine.com/news/newsnano-nuclear-energy-establishes-fuel-subsidiary-10614994. 
  17. "Developing the Smallest, Safest and Most Effective Nuclear Power Sources" (in en). 2023-05-18. https://www.azocleantech.com/article.aspx?ArticleID=1684. 
  18. "Microreactor company looks to INL for fuel fabrication plant site : Uranium & Fuel – World Nuclear News". https://world-nuclear-news.org/Articles/Microreactor-company-looks-to-INL-for-fuel-fabrica. 
  19. Inc, NANO Nuclear Energy (2023-06-05). "NANO Nuclear Energy Adds Former State Department Senior Advisor Mark Nichols as Executive Advisor for Military, Defense and Policy". GlobeNewswire News Room (Press release). Retrieved 2024-01-09.
  20. Inc, NANO Nuclear Energy (2023-09-11). "NANO Nuclear Energy Appoints Former DOE Office of Nuclear Energy Professional, Michelle Amante-Harstine, as the Senior Strategic Advisor to NANO Nuclear's Executive Advisory Board for U.S. Energy Initiatives". GlobeNewswire News Room (Press release). Retrieved 2024-01-09.

External links