BUSINESSSEMAFOR
US nuclear firm aims to get UAE plans back on track
US-based nuclear energy startup Nano Nuclear aims to resume its partnership with the UAE to develop small modular reactors (SMRs) after delays caused by the Iran war. The company signed an agreement with EHC Investment, linked to UAE National Security Adviser Sheikh Tahnoon Bin Zayed, and is exploring potential investments and dual listings in Abu Dhabi. Discussions with Saudi Arabia about SMRs and plans for a first reactor in Illinois by 2030 are also mentioned.
Mentioned
Related Signal
Adjacent reporting
- Nuclear Startup Submits Plan for Six Small Swedish Reactors
- Britain gives Rolls-Royce the nod to sketch out its mini reactor future
- Fusion power startup Zap Energy pulls a partial pivot, adding nuclear fission to the mix
- Colorado Springs Utilities explores nuclear power as part of long-term energy plan
- CEO and CFO suddenly depart AI nuclear power upstart Fermi
- India Inc gears up for opening of nuclear power to private sector