BUZZ-NANO Nuclear Energy gains on Namibia partnership to develop domestic supply chain

Reuters

2025/06/20

** Shares of nuclear technology company NANO Nuclear Energy NNE.O rise 7.4% to $40.77 premarket

** Company signs memorandum of understanding with Namibia Industrial Development Agency (NIDA) to develop domestic nuclear fuel supply chain infrastructure within country

** NNE says collaboration aims to help position Namibia as key player in emerging secure and diversified global nuclear fuel supply chain

** NIDA to help coordinate government and stakeholder engagement and NNE to lead assessments related to industrial capability, fuel logistics and potential international nuclear fuel supply contracts for NIDA

** "NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the future," company says

** Up till last close, stock up 52.5% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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20:59</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-NANO Nuclear Energy gains on Namibia partnership to develop domestic supply chain</title></head><body><p>** Shares of nuclear technology company NANO Nuclear Energy <span>NNE.O</span> rise 7.4% to $40.77 premarket</p><p>** Company signs memorandum of understanding with Namibia Industrial Development Agency (NIDA) to develop domestic nuclear fuel supply chain infrastructure within country</p><p>** NNE says collaboration aims to help position Namibia as key player in emerging secure and diversified global nuclear fuel supply chain</p><p>** NIDA to help coordinate government and stakeholder engagement and NNE to lead assessments related to industrial capability, fuel logistics and potential international nuclear fuel supply contracts for NIDA</p><p>** \"NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the 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