NANO Nuclear Energy's Game-Changing Purchase Of Ultra Safe Nuclear Corp Assets
A strategic acquisition that accelerates NANO's progress in micro reactors
NANO Nuclear Energy recently announced the planned $8.5m purchase of the Ultra Safe Nuclear Corp (USNC) Pylon and MMR Energy System reactor designs. There is much to be gained by NANO on just those purchases alone, but a review of USNC's recently filed bankruptcy court documents details the more significant strategic acquisition that has been made.
The major document of concern is Docket 268, detailing the patents, trademarks (such as Mirco-Modular, Micro Modular Reactor, and MMR), and assignable contracts, that NANO is planning to acquire. Among the long list of patents and contracts, there are some significant items that deserve further explanation.
Patents
NANO looks to purchase 37 patents at various stages of approval. These patents include:
HTGR moderator construction
Vessel construction
Safety systems
Core architecture
Radiation shielding
Reactor transportation
"Method and system for extraction of hydrocarbons from oil sands"
"Recovery of elements from hydrothermal products"
Their patents for the moderator construction are, in my opinion, the most interesting, especially if the testing at the INL DOME goes particularly well in 2026 or 2027. If their design proves to work better than other current projects, the nuclear industry's starvation for standardization could prove very beneficial to NANO. Additionally, USNC was patenting their reactor transportation methods, which meshes well with NANO's current HALEU fuel transportation ambitions.