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BUZZ-Nano Nuclear rises after buying nuclear tech assets for $8.5 mln

ReutersDec 24, 2024 4:19 PM

** Nano Nuclear Energy's NNE.O shares rise 6.9% to $29.12

** Co buys nuclear energy technology assets from Ultra Safe Nuclear Corp for $8.5 mln in cash

** Says the assets include USNC's patented Micro Modular Reactor system which is under development

** Says the stationary MMR Energy system could produce power up to 45 megawatts thermal

** Including session's gains, stock has risen more than sevenfold since listing

(Reporting by Sourasis Bose in Bengaluru)

((Sourasis.bose@thomsonreuters.com))

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