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NANO Nuclear Energy Inc. (NASDAQ:NNE) shares traded higher on Wednesday after the firm said it completed a major testing phase for its proprietary Annular Linear Induction Pump at its demonstration site in Westchester County, New York.
The company reported meaningful progress as it moves its electromagnetic pumping system toward commercial readiness.
The team tested the pump at high-temperature conditions to assess durability, coil integrity and thermal behavior.
Engineers also evaluated ruggedized components designed to withstand extreme environments found in space, subsea locations and advanced nuclear systems.
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The ALIP pushes heat-transfer fluids using electromagnetic force rather than mechanical parts.
The approach aims to support molten-salt and liquid-metal reactor concepts with improved reliability and extended operating life.
NANO Nuclear worked with aRoboticsCompany on fabrication and testing tasks during this phase. Data from the trial will guide magnetic-field optimization and future design decisions, including the use of advanced materials and modified geometries.
“The completion of this comprehensive testing phase validates the ALIP system’s core design and durability,” said James Walker, the company’s chief executive.
He said the findings confirm performance gains delivered by earlier design updates and allow the team to move toward pre-commercial activities.
The firm also verified supporting manufacturing systems, including orbital laser welding and high-resolution magnetic-field mapping.
Those processes are intended to enable consistent, repeatable performance across multiple pump units as the company scales production.
NANO Nuclear plans to pursue the next stage of its commercialization program and position ALIP as a zero-maintenance option for molten-metal pumping applications.
“We continue to advance our patent-pending ALIP technology toward commercialization,” said Jay Yu, the company’s founder and chairman.
Price Action: NNE shares are trading higher by 4.03% to $33.06 at last check on Thursday.
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Posted In: NNE
