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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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