Nano Nuclear Energy buys Secured Transportation Services
Nano Nuclear Energy has acquired Secured Transportation Services for $13 million.
The acquisition is expected to help Nano generate revenue and participate in the fuel supply chain.
Nano has a robust liquidity of $569 million and is currently operating in the pre-regulatory stages of its small nuclear reactor project.
The company is waiting for the NRC’s blessing to commercialize its reactors, which may take around two years.