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Nano Nuclear rises after completing first full tests for proprietary pump technology

ReutersNov 19, 2025 2:18 PM

Shares of nuclear technology company Nano Nuclear Energy NNE.O rise 4.5% to $33.2 premarket

Company says it completed first full tests of its new annular linear induction pump (ALIP) at 350°C at its New York demo site

The tests aimed to ensure ALIP can last in places where maintenance is not possible like space, undersea, or nuclear environments

"We continue to advance our patent-pending ALIP technology toward commercialization," says Chairman Jay Yu

Up to last close, shares up 27.8% YTD

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