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NANO Nuclear Energy Inc. (NASDAQ:NNE) ("NANO Nuclear" or "the Company, a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced that it has signed a Feasibility Study Agreement with BaRupOn LLC ("BaRupOn") to evaluate supplying many KRONOS MMR™ units to provide 1 GW of nuclear energy supporting BaRupOn 701-acre Liberty American Multi-Sourced Power ("LAMP") and Innovation Hub being developed in Liberty, Texas, USA.
As part of the feasibility assessment, NANO Nuclear will evaluate the site's projected power demand, reactor integration requirements, and the suitability of available land and site access for deployment of many KRONOS MMR™ units directly on the LAMP property. BaRupOn will compensate NANO Nuclear for completion of the assessment.
Posted In: NNE