NANO Nuclear and QNI Sign Memorandum of Understanding to Advance Domestic HALEU Fuel Supply Cooperation in the U.S.
NANO Nuclear Energy Inc. (NANO Nuclear) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18 that the two companies have signed a memorandum of understanding (MOU) establishing a non-binding framework for future high-assay low-enriched uranium (HALEU) fuel supply cooperation. Under the MOU, the parties will engage in discussions regarding the supply of HALEU to be produced by QNI in the future and long-term offtake arrangements. The fuel in question is planned to come from QNI's proposed Vanguard facility at Idaho National Laboratory (INL). QNI stated that once the facility operates at full capacity, its annual HALEU production...
2026-08-19
