Nano Nuclear Energy Inc. signed a memorandum of understanding with Quadrant Nuclear Industries, Inc. to collaborate on future HALEU fuel supply.
The non-binding agreement creates a framework for a potential long-term offtake arrangement.
Quadrant will produce the high-assay low-enriched uranium at its planned facility at the Idaho National Laboratory.
The partnership aims to strengthen the domestic U.S. nuclear fuel supply chain.
Securing reliable HALEU fuel is a primary component of the commercialization strategy for the KRONOS MMRâ„¢ Energy System.
This collaboration supports U.S. energy security goals by facilitating the deployment of advanced microreactors.