1. LIS Technologies receives Radioactive Material License from Tennessee. 2. NANO Nuclear collaborates with LIST to produce enriched uranium fuel. 3. The partnership supports U.S. nuclear energy independence. 4. LIST selectee for $3.4 billion DOE contract for LEU acquisition. 5. NANO Nuclear aims for a vertically integrated nuclear fuel supply chain.
FAQ
Why Bullish?
The collaboration with LIST enhances NNE's position in the U.S. nuclear supply chain, echoing past success stories where partnerships led to market gains.
How important is it?
The article outlines significant developments for NNE’s operational capabilities and market position, impacting investor perception positively.
Why Long Term?
While immediate impacts may be muted, the strategic collaboration positions NNE for growth in the advanced nuclear sector, reminiscent of trends following similar industry partnerships.
NANO Nuclear Energy Partners with LIS Technologies on Uranium Enrichment Technology
On December 23, 2025, NANO Nuclear Energy Inc. (NASDAQ: NNE) announced a significant milestone in its partnership with LIS Technologies Inc. (LIST). The State of Tennessee has granted LIST a Radioactive Material License for its cutting-edge Demo Test Loop Facility located at the historic K-25 site in Oak Ridge, Tennessee. This license is instrumental for LIST to procure uranium hexafluoride (UF₆) feedstock and advance its patented laser uranium enrichment technology.
Details of the Radioactive Material License
The newly acquired license enables LIST to handle various forms of uranium and further research and development activities. This pivotal step supports the development and eventual commercial deployment of LIST's uranium laser enrichment facility within the United States.
- License Granted: Radioactive Material License from the State of Tennessee.
- Location: Historic K-25 site, Oak Ridge, Tennessee.
- Focus: Procurement of uranium hexafluoride (UF₆) feedstock and advancement of laser enrichment technology.
Collaboration between NANO Nuclear and LIS Technologies
NANO Nuclear and LIST have established a collaboration agreement aimed at enhancing the capabilities of the uranium fuel cycle. This partnership is crucial to NANO Nuclear’s strategy of vertically integrating its fuel pipeline, which includes the production of Low Enriched Uranium (LEU) and High-Assay Low Enriched Uranium (HALEU). This strategy ensures a consistent supply of fuel for NANO Nuclear’s advanced micro modular reactor energy systems.
James Walker, CEO of NANO Nuclear, emphasized the importance of this achievement: “This is a major milestone not only for LIS Technologies but for the future of the U.S. nuclear fuel supply chain. Together, this progress reinforces our shared vision of a vertically integrated, resilient U.S. nuclear fuel platform that supports innovation and long-term value creation.”
Market Position and Future Prospects
NANO Nuclear believes that the advanced laser enrichment technology developed by LIST holds the potential to produce commercial quantities of LEU and HALEU fuel. In a recent development, LIST was selected by the U.S. Department of Energy for a $3.4 billion contract aimed at enhancing U.S. domestic enrichment capabilities, with NANO Nuclear serving as a key subcontractor.
- U.S. Department of Energy Contract: Part of a $3.4 billion LEU Acquisition Program.
- Role of NANO Nuclear: Technical and regulatory expertise provider in the collaboration with LIST.
About NANO Nuclear Energy Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American company focused on delivering advanced nuclear energy solutions. With ambitions of becoming a diversified, vertically integrated powerhouse, NANO Nuclear operates across several key business lines:
- Portable microreactor technologies
- Nuclear fuel fabrication
- Nuclear fuel transportation
- Applications of nuclear technology in space
- Nuclear consulting services
Future Developments and Innovations
NANO Nuclear is pioneering developments such as the KRONOS MMR™ Energy System and other advanced microreactors designed for clean energy solutions. Their subsidiaries, such as Advanced Fuel Transportation Inc. and HALEU Energy Fuel Inc., focus on ensuring a stable supply of HALEU fuel while exploring groundbreaking nuclear technologies for applications in both Earth and space.