NANO Nuclear Energy Inc. reach a major milestone.

NANO Nuclear Energy Inc. have announced that it has closed an oversubscribed $4.14 Million funding round led by former senior freight and logistics executives. The largest of these investors include a former c-suite level executive of the largest transportation company in the world and their colleagues.

Jay Jiang Yu, NANO Nuclear Energy’s Founder, Chairman and President, said:

“It is a great pleasure to announce this successful raise and embark on the next steps of our growth strategy. The money raised will be used to further the Company’s numerous efforts to disrupt, revolutionize and progress the sustainable, carbon free and nuclear energy industry. Further, the support of former transportation executives is an important facet as we strive to utilize the existing shipping and logistics infrastructure in the future to distribute “ZEUS”, our proprietary advanced nuclear micro reactor design.”

James Walker, NANO Nuclear Energy’s CEO and Board Member, said:

“There has been a lot of development and growth in the nuclear energy industry in the recent months. With the $4.14M funding, NANO Nuclear is well positioned to capitalize on the market’s rapid expansion, as it will allow us to make further advancements in our proprietary reactor design, fund addition research and development initiatives and ensure that we remain on the cutting-edge of this dynamic industry.”

ENDS

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