Why Nano Nuclear Energy (NNE) Shares Are Exploding Higher
Portfolio Pulse from Henry Khederian
Nano Nuclear Energy Inc (NASDAQ:NNE) shares surged by 37.8% to $21.69 after the company acquired intellectual property for an annular linear induction pump used in small nuclear reactor cooling and heat transfer. Dr. Carlos O. Maidana will collaborate as a consultant to further develop this technology, aiming for SBIR Phase III Award status.
June 24, 2024 | 5:50 pm
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Nano Nuclear Energy Inc (NASDAQ:NNE) shares surged by 37.8% to $21.69 after the company acquired intellectual property for an annular linear induction pump used in small nuclear reactor cooling and heat transfer. Dr. Carlos O. Maidana will collaborate as a consultant to further develop this technology, aiming for SBIR Phase III Award status.
The acquisition of key intellectual property and the collaboration with Dr. Carlos O. Maidana are significant developments for Nano Nuclear Energy. These moves are likely to enhance the company's technological capabilities and market position, driving investor optimism and pushing the stock price higher in the short term.
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