BUZZ-Nano Nuclear rises on agreement with US Energy Dept for reactor testing

Reuters

2024/12/04

** Shares of Nano Nuclear Energy up 5.3% at $28.02 premarket

** Co signs a memorandum of understanding with the Department of Energy's to test its prototype micro-reactors at the Idaho National Laboratory $(INL.AU)$

** Co says the agreement sets a framework for the collaboration between NNE and the DOE to evaluate the feasibility of siting, construction, commissioning, operation and decommissioning of co's experimental microreactors

** The MOU will remain in effect for five years, with an option for renewal - co

(Reporting by Sourasis Bose in Bengaluru)

((Sourasis.bose@thomsonreuters.com))

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