Shares of NANO Nuclear Energy Inc. (NASDAQ: NNE) surged 7.17% in pre-market trading on October 7, 2024, after the company announced the addition of two leading researchers to its Nuclear Technology and Engineering team.
The company has welcomed Professor Andrew W. Woods, Ph.D., and Alejandra de Lara, Ph.D., to further strengthen its expertise in developing the 'ODIN' microreactor and related nuclear fuel solutions. Prof. Woods, a Fellow of the Royal Society, is an expert in fluid flow and heat transfer processes, with applications spanning geothermal power, carbon sequestration, and energy storage. Dr. de Lara's research focused on adapting fuel codes for molten salt reactors and analyzing their benefits compared to light water reactors.
NANO Nuclear executives expressed excitement over the new additions, highlighting the invaluable skills and experience they bring to the next phase of 'ODIN's' development. "Dr. Woods and Dr. de Lara's expertise are a timely addition to the team, ensuring the technology is ready to meet regulatory requirements and progress towards commercialization," said Eugene Shwageraus, Lead of Nuclear Reactor Engineering at NANO Nuclear Energy.
NANO Nuclear Energy Inc. is an advanced nuclear energy company focused on developing portable, clean energy solutions, including the 'ODIN' low-pressure coolant microreactor and 'ZEUS' solid core battery reactor. The company aims to become vertically integrated across nuclear fuel fabrication, transportation, and consulting services.
