Stock Track | NANO Nuclear Energy Inc. Soars 7.32% Pre-Market on U.S. Government Contract for Nuclear Fuel Development

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NANO Nuclear Energy Inc. (NASDAQ: NNE) saw its stock surge 7.32% in pre-market trading on Thursday, following the news of the company securing a major contract from the U.S. Department of Energy (DOE) as part of the Low-Enriched Uranium (LEU) Enrichment Acquisition Program.

The DOE program, with a total appropriation of $3.4 billion over 10 years, aims to bolster the domestic nuclear fuel supply chain and advance nuclear technology in the United States. NANO Nuclear Energy, along with its subcontractor LIS Technologies (a laser isotope separation company), was selected as one of six contract awardees under this program.

Under the contract, NANO Nuclear Energy and LIS Technologies will have the opportunity to bid on task orders from the DOE, with each task order having a minimum value of $2 million. The companies will collaborate to develop advanced nuclear fuel production, enrichment, and related technologies, with NANO Nuclear contributing its expertise in fuel deconversion, fabrication, and transportation.

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Soars 7.32% Pre-Market on U.S. Government Contract for Nuclear Fuel Development\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-12 21:42 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NANO Nuclear Energy Inc. (NASDAQ: NNE) saw its stock surge 7.32% in pre-market trading on Thursday, following the news of the company securing a major contract from the U.S. Department of Energy (DOE)...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NNE","symbol_name":"NANO Nuclear Energy Inc","start_time":0,"source_url":"","article_id":"1167516012","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1167516012","pubTimestamp":1734010938,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NANO Nuclear Energy Inc.  saw its stock surge 7.32% in pre-market trading on Thursday, following the news of the company securing a major contract from the U.S. Department of Energy  as part of the Low-Enriched Uranium  Enrichment Acquisition Program.The DOE program, with a total appropriation of $3.4 billion over 10 years, aims to bolster the domestic nuclear fuel supply chain and advance nuclear technology in the United States. 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