Nano Nuclear Energy

NNE

Market cap $1.31B

The nuclear sector is refusing to cool off. For the second straight session, small modular reactor stocks are posting meaningful gains, with NuScale Power (NYSE:SMR) stock leading the charge.

A newly signed National Initiative for American Space Nuclear Power (NSTM-3) lays out a joint NASA–Pentagon strategy to develop a 20-kilowatt electric space reactor dubbed "SR-1 Freedom," including an in-orbit demonstration by 2028 and a lunar surface installation by 2030.

Oklo (NYSE:OKLO) stock jumped 8% in early trading today, leading a broad surge across the nuclear sector, before pulling back to $64.

Britain is spending $805 million on SMRs -- with $29.9 billion more to come. That's the good news.

Jay Yu, president and executive chairman of Nano Nuclear Energy (NNE), returns to Next Gen Investing and explains how the company's Department of Energy voucher for its Kronos reactor is such a significant step in development. Jay later touches on the greater energy trade amid tensions in the Strait of Hormuz and the "X-factor" nuclear power presents not just to the world's AI buildout, but also in the final frontier.

New York, New York--(Newsfile Corp. - April 9, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, today announced that it has been awarded a Gateway for Accelerated Innovations in Nuclear (GAIN) Voucher, NE-26-38854, by U.S. Department of Energy (DOE) relating to its KRONOS MMR™ Energy System titled, "Uncertainty Quantification and Sensitivity Analysis Support for NANO Nuclear Reactor Design Using ORNL's Tools - SCALE/TSUNAMI". U.S. Department of Energy's GAIN Voucher Award can be found here: https://gain.inl.gov/uncertainty-quantification-and-sensitivity-analysis-support/.

NANO Nuclear Energy remains a highly speculative, long-term play in advanced nuclear reactors, best approached with small, carefully sized positions. NNE's vertical integration strategy—spanning enrichment, transport, and storage—offers multiple business touchpoints beyond unproven microreactor deployment. Recent positive market response followed NNE's Argentina fuel facility proposal, but the company remains deeply unprofitable, with a $43.5 million TTM net loss.

Nano Nuclear Energy sought permission to start constructing its small modular reactor.

Borrowing costs eat into trading profits. These stocks are less expensive to short.

The new collaboration, unveiled Tuesday, could redefine how reactors are designed, permitted, built and operated—and potentially send nuclear-focused stocks soaring as the technology reshapes project economics.