Nano Nuclear acquires USNC's MMR and Pylon reactors for $8.5M in bankruptcy auction

Nano Nuclear Energy Inc.

Asset Purchase Agreement for $8.5M cash includes MMR® micro reactor, Pylon space reactor, IP, and demo projects.
Bankruptcy Court approved sale on Dec 19, 2024; closing expected soon subject to customary conditions.
Nano Nuclear also named back-up bidder for USNC's fuel and other assets at total price $36.19M if winning bidder fails.
MMR system (up to 45 MWth) complements Nano's portable ZEUS/ODIN reactors, expanding stationary market.

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