NANO Nuclear Joins the Canadian Nuclear Association to Support the Adoption of Next-Generation Advanced Nuclear Energy Technologies in Canada
According to the CNA, every year in Canada, nuclear technology helps avoid 80 million tons of carbon dioxide emissions by displacing fossil fuels and supplies 50% of the global supply of cobalt-60, radioisotopes that are used to treat cancer and sterilize medical equipment, among other things. With the introduction of next-generation technologies in the form of small or micro nuclear reactors, like those being developed by NANO Nuclear, there is a significant opportunity for Canada to solidify a leading position in the global nuclear industry.
"We're pleased to welcome NANO Nuclear Energy to the Canadian Nuclear Association. Their focus on advanced microreactor technologies aligns with Canada's growing leadership in innovative and scalable nuclear solutions. We look forward to supporting their engagement in the Canadian nuclear industry and working together to advance non-emitting, reliable, and secure energy for the future", said George Christidis, CEO and President Canadian Nuclear Association.
Figure 1 - NANO Nuclear Energy Inc. Joins the Canadian Nuclear Association (CNA) and its Mission to Support the Development of Nuclear Energy Technologies in Canada, including Advanced Nuclear Energy Technologies.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/259928_1909450fa4cb3ab5_002full.jpg
"We are proud to join the Canadian Nuclear Association and support its work to highlight the environmental, economic, and other benefits that nuclear technology brings to Canadians," said Jay Yu, Founder and Chairman of NANO Nuclear."Canada has shown strong commitment to advanced nuclear energy systems and is taking concrete steps toward deploying next-generation reactors like our KRONOS MMR TM, which are actively seeking to develop in Canada. This is an opportune time for NANO Nuclear to focus on our efforts to establish ourselves as the first North American commercially licensed microreactor technology company, and joining the CNA positions us to contribute to, and grow with, Canada's evolving energy landscape."
NANO Nuclear has begun to lay the groundwork for site-specific engineering in preparation for bringing its lead microreactor project, the patented KRONOS MMR™ Energy System, to Canada and guiding it toward construction, testing and licensing. Alongside its U.S. progress, NANO Nuclear aims to renew its collaboration with Canadian Nuclear Laboratories and pursue the establishment of a KRONOS MMR™ demonstration site at Chalk River, Ontario, one of the leading hubs for nuclear energy expertise and engineering in Canada. NANO Nuclear further aims to foster technical leadership through strategic business relationships, and its membership in the CNA will enable NANO Nuclear to better position itself to support Canada's transition to the next generation of advanced nuclear energy systems.
"The Canadian Nuclear Association is a leading voice in the nation's nuclear sector, and we're pleased to join the CNA and take an active role in advancing next generation technologies in Canada," said James Walker, Chief Executive Officer of NANO Nuclear."Strengthening ties with key policymakers and industry decision-makers is central to our goal of establishing NANO Nuclear as a global leader in advanced nuclear technology, including micro nuclear reactors. Our membership in the CNA broadens our insight into the Canadian market and positions us for next steps in the country, including establishing a demonstration site for the KRONOS MMR™ in Chalk River, Ontario, in conjunction with the Canadian Nuclear Laboratories and the Canadian Nuclear Safety Commission."
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include patented KRONOS MMR ™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), " ZEUS", a solid core battery reactor, and " ODIN", a low-pressure coolant reactor, and the space focused, portable LOKI MMR ™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR ™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.
For more corporate information please visit: https://NanoNuclearEnergy.com/
For further NANO Nuclear information, please contact:
Email: IR@NANONuclearEnergy.com
Business Tel: (212) 634-9206
PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:
NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
NANO Nuclear Energy X PLATFORM
Cautionary Note Regarding Forward Looking Statements
This news release and statements of NANO Nuclear's management in connection with this news release contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would" or "may" and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to NANO Nuclear of its joining the CNA, as well as the Company's development plans for the KRONOS MMR TM in Canada. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE") or related state or non-U.S. nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Observer
2 hours ago
- National Observer
Carney says trade talks in 'intense phase' after Trump notches a win with European Union
Prime Minister Mark Carney said Monday that Canada's negotiations with the United States are in an "intense phase" after President Donald Trump achieved a critical agreement with the European Union days away from his tariff deadline. The prime minister's comments come after Trump last week told reporters that Canada wasn't a priority ahead of his Aug. 1 deadline to make trade deals. "There are many aspects to these negotiations," Carney said in P.E.I. "We are engaged in them but the assurance for Canadian business, for Canadians, is we will only sign a deal that's the right deal, that's a good deal for Canada." The EU framework announced Sunday gave Trump a much-needed win as he looks to realign global trade — and it indicates that no nations are likely to get a reprieve from his tariffs. It sets a 15 per cent tariff on most goods, including European automobiles. Trump said 50 per cent tariffs will remain on steel and aluminum. Other details of the deal remain unclear, including its effects on measures the US considers trade irritants, such as Europe's digital services taxes and non-tariff barriers. Trump said the EU had agreed to buy US$750 billion worth of US energy and invest an additional US$600 billion in the United States. The president recently said that countries will have to "buy down" the threatened tariff rate. Baseline tariffs were also a part of trade deal frameworks previously announced for Japan, Vietnam, Indonesia, the Philippines and the United Kingdom. Countries around the world have been watching to see how many trade deals materialize before the deadline, and what can be gleaned from them for their own negotiations with the Trump administration. Christopher Sands, director of Johns Hopkins University's Center for Canadian Studies, said the EU deal builds on Trump's negotiating style — he loses interest, suggests no deal will happen, insults the other side and "then at the 11th hour something comes through." "I know there's been a lot of negativity around a Canada security and economic agreement but it doesn't necessarily mean that we are doomed," Sands said. "It may be that we are close and we have a surprise deal." Trump sent a letter to Carney threatening to impose 35 per cent tariffs if Canada doesn't make a trade deal by Friday. The White House has said those duties would not apply to goods compliant with the Canada-US-Mexico Agreement on trade, better known as CUSMA. Carney and other Canadian officials have been downplaying expectations that a deal will be made by Friday. Most of the goods Canada sends to the US are CUSMA-compliant and won't be affected by the 35 per cent duties. The Canadian economy is still being slammed by Trump's Section 232 tariffs on steel, aluminum and automobiles, and will be hit by copper tariffs the president has said will take effect by the week's end. So far, Trump's trade deals "are really bad omens for Canada," said William Pellerin, a trade lawyer and partner at the firm McMillan LLP. "(It shows) that the tariffs, particularly the sectoral tariffs, are stickier than we would have thought," Pellerin said. "If none of those countries were able to secure a drop in the sectoral tariffs, that is certainly bad news." Those Section 232 duties are a key target for Canadian negotiators and Pellerin said it's unlikely any deal will be struck by Ottawa if they remain at their current levels. While there are similarities between the Canada-US negotiations and those involving Europe, Carney said there are also many differences. While Europe is looking to end its reliance on Russian energy, Carney said Canada is a reliable supplier of energy to the United States. The prime minister said negotiations remain complex but "there is a landing zone that's possible." "But we have to get there," he said. The EU agreement also averts significant retaliatory duties from a major United States customer — meaning that if Canada can't reach a deal with Washington, it would be more isolated if it attempts to retaliate against the US. Canada and China have implemented retaliatory tariffs in response to Trump's trade war but, to allow talks to continue, Ottawa didn't move forward with additional duties. Ontario Premier Doug Ford said Monday he supports a dollar-for-dollar tariff response, particularly to Trump's treatment of Canada's steel and aluminum industry. "I'm confident with Prime Minister Carney, I know he's going to do his very best to get a deal," Ford said. "But I don't trust President Trump." BC Premier David Eby said Canada is in a "different position" than the European Union or Japan, given the deeply integrated nature of North American supply chains. "We are a reliable partner, we are a good partner, but we also won't get kicked around," he said. Sands said Carney's recent move to limit imports of foreign steel into Canada will help shore up the domestic market during the tariff tumult while also avoiding the ire of the Trump administration. The prime minister recognizes you can engage in retaliation, Sands said, but "it doesn't bring you much joy." He said there are other actions, such as import quotas, that would better protect Canadian markets. This report by The Canadian Press was first published July 28, 2025.
National Post
2 hours ago
- National Post
Rigaku Launches XTRAIA XD-3300 Mass Production for Semiconductor Market
XTRAIA XD-3300 Business Wire Accelerating Next-Gen Memory and Logic with Ultrafast, Non-Destructive Metrology THIS CONTENT IS RESERVED FOR SUBSCRIBERS Enjoy the latest local, national and international news. Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events. Unlimited online access to National Post. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles including the New York Times Crossword. Support local journalism. SUBSCRIBE FOR MORE ARTICLES Enjoy the latest local, national and international news. Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events. Unlimited online access to National Post. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors TOKYO — Rigaku Corporation, a global solution partner in X-ray metrology systems and a Group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; CEO: Jun Kawakami; hereinafter 'Rigaku'), has launched full-fledged commercial production of XTRAIA XD-3300, a high-resolution microspot X-ray diffraction system Against a background of demand for generative AI and data centers, scaling and 3D realization of semiconductors are advancing at unprecedented speed. Needs are growing for next-generation memory such as high-bandwidth memory (HBM) and 3D DRAM as well as 2 nm and subsequent generations of logic semiconductor. To secure high performance in these devices, chipmakers are increasingly adopting superlattices (nanoscale integrated structures) using Si/SiGe (silicon/silicon-germanium) processes. To control these advanced internal structures appropriately, measurement technology that can accurately assess the composition and thickness of Si/SiGe films is indispensable, as it holds the key to improving product performance and yield. To answer these needs, Rigaku developed the XTRAIA XD-3300, an original metrology system, designed and built entirely in-house, from the X-ray optical system to the detector and diffraction software. It is the world's only system capable of performing of direct, non-destructive diffraction measurements of superlattice structures with the highest resolution on microscopic pads on wafers. XTRAIA XD-3300's original X-ray optical system is the key performance enabler. Combining ultra-high-performance mirrors with bent crystals, this system enables measurements to be completed at up to 100 times the speed of previous products. The diffraction measurement tasks that once took several hours can now be completed in just a few minutes. Moreover, advanced diffraction software delivers accurate numerical results of the periodicity and boundary-surface quality of these complex, multilayer superlattices. Rigaku expects sales of this product to exceed JPY 1 billion (approximately USD 6.9 million, based on an exchange rate of JPY 145 = USD 1) in FY2025. The Company has already completed expansion of production capacity, including completion of a new factory building and increasing the number of production booths to 15. From Q4 FY2025 onward, Rigaku expects to realize a rapid expansion in sales through deliveries to multiple global semiconductor manufacturers. The Company is aiming for sales of around JPY 10 billion (approximately USD 69 million) in FY2030. Kiyoshi Ogata, Senior Executive Vice President and Product Division General Manager, offered the following remarks: XTRAIA XD-3300 represents the crystallization of Rigaku's leading-edge technologies. We have already delivered this system to multiple leading-edge semiconductor manufacturers that are developing next-generation semiconductors using Si/SiGe superlattices. As manufacturers move toward mass production of next-generation semiconductors, Rigaku expects to expand deliveries of XTRAIA XD-3300. We are confident that high-resolution, non-destructive measurements using X-ray diffraction will become increasingly important in the months and years ahead as a core technology supporting quality control in next-generation semiconductor production. Features of XTRAIA XD-3300 Direct visual non-destructive observation of microscopic structures with high-resolution Provides detailed, non-destructive diffraction of the interiors of nanoscale, multi-layer structures, on fine pads less than 40 µm across. World-top-class resolution feeds directly into improved yield. Provides detailed, non-destructive diffraction of the interiors of nanoscale, multi-layer structures, on fine pads less than 40 µm across. World-top-class resolution feeds directly into improved yield. 100-fold increase in measurement speed compared with previous models By using X-ray convergence optics with the latest mirror technology, the XTRAIA XD-3300 delivers the world's brightest small-spot X-ray beam. This enables it to complete vast measurement tasks with blazing speed. Its high throughput makes easily adaptable into production lines. By using X-ray convergence optics with the latest mirror technology, the XTRAIA XD-3300 delivers the world's brightest small-spot X-ray beam. This enables it to complete vast measurement tasks with blazing speed. Its high throughput makes easily adaptable into production lines. Incorporates of the only software capable of analyzing diffraction of complex superlattice structures The advanced diffraction software delivers accurate numerical analysis of the periodicity and boundary-surface quality of Si/SiGe and other multilayer structures. This powerful capability supports both high volume manufacturing and the development phase of leading-edge memory and logic semiconductor devices. Learn more about this product: Note: USD conversions are approximate, for reference only Since its establishment in 1951, the engineering professionals of the Rigaku group have been dedicated to benefiting society with leading-edge technologies, notably including its core fields of X-ray and thermal analysis. With a market presence in over 90 countries and some 2,000 employees from 9 global operations, Rigaku is a solution partner in industry and research analysis institutes. Our overseas sales ratio has reached approximately 70% while sustaining an exceptionally high market share in Japan. Together with our customers, we continue to develop and grow. As applications expand from semiconductors, electronic materials, batteries, environment, resources, energy, life science to other high-tech fields, Rigaku realizes innovations 'To Improve Our World by Powering New Perspectives.' For details, please visit View source version on Press Contact: Sawa Himeno Head of Communications Dept., Rigaku Holdings Corporation prad@ Tel: +81 90 6331 9843
Toronto Sun
4 hours ago
- Toronto Sun
CHARLEBOIS: Why DoorDash's price tactics should worry us all
This case is not just about a single company's practices — it's about maintaining integrity in a digital marketplace that millions rely on The DoorDash food delivery application. Photo by ERIC BARADAT / AFP via Getty Images Some may dismiss food delivery users as lazy, but that stereotype ignores reality. Many Canadians rely on apps like DoorDash or UberEats not by choice, but out of necessity — due to limited mobility, demanding schedules, or even inclement weather. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account What's truly lazy is the platform's approach to pricing transparency. Abusive pricing is abusive pricing, regardless of convenience. DoorDash, a dominant player in the food delivery economy, is now at the centre of a major legal challenge. In June 2025, the Competition Bureau filed an application with the Competition Tribunal alleging that DoorDash misled consumers by advertising deceptively low prices, only to reveal unavoidable fees — service charges, regulatory recovery costs, and small-order surcharges — at the final stage of checkout. Known as 'drip pricing,' this tactic is precisely what recent amendments to the Competition Act were designed to eliminate. This case is not just about a single company's practices — it's about maintaining integrity in a digital marketplace that millions of Canadians now rely on to access food. According to the Bureau, DoorDash may have collected nearly $1 billion in hidden fees from Canadian consumers over several years. That equates to about $25 per Canadian — an enormous figure in a country where food inflation has already strained household budgets. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Importantly, this isn't the first such case. In 2024, Cineplex was fined $39 million for similar drip pricing tactics involving hidden booking fees. But unlike movie tickets, food is not discretionary — it's a necessity. When essential purchases are subject to opaque pricing models, it undermines not just trust but fairness in the market. DoorDash has now responded by claiming that all fees were 'prominently displayed' before customers confirmed payment. They also argue that consumers had alternatives: Subscribe to DashPass, choose pickup, or spend more to avoid certain charges. From a legal standpoint, these defences may hold weight. But from a food economics perspective, they miss the point. If the price consumers click on is not the price they ultimately pay, then price signals are distorted — and markets cease to function efficiently. This advertisement has not loaded yet, but your article continues below. Consumer protection laws are meant to ensure pricing clarity, not reward platforms for building in workarounds. For some users, especially older adults or people with disabilities, these apps can be overwhelming. Complexity is not an excuse for opacity. Read More This issue also reflects a broader transformation in how Canadians access food. Delivery is no longer a luxury — it's a normalized channel in the food economy. From urban centres to rural communities, Canadians are using apps for groceries and meals because traditional access points may be limited. This makes transparency not just a legal matter but a public policy concern — one tied to accessibility, equity, and digital literacy. This advertisement has not loaded yet, but your article continues below. When trust erodes in digital food markets, platforms don't just face legal penalties — they risk reputational damage that can be difficult to repair. The entire value proposition of delivery hinges on convenience and reliability. When pricing is unclear or misleading, both are compromised. In an increasingly digital food system, transparency is currency. If DoorDash and its competitors wish to preserve their role in this ecosystem, they must commit to clear and upfront pricing. The Competition Bureau's intervention is timely and warranted, but it also prompts a broader question: Why are other platforms not being scrutinized under the same lens? Charging fees for service is acceptable in a market economy. Concealing those charges until the final screen is not. In the food space, where trust is everything, transparency isn't a courtesy — it's an obligation. — Dr. Sylvain Charlebois is the Director of the Agri-Food Analytics Lab at Dalhousie University and co-host of The Food Professor Podcast. He is currently a visiting scholar at McGill University in Montreal. MLB Sunshine Girls Opinion Toronto & GTA Toronto & GTA
