Project FundingThe balance sheet is strong with over $500 million of cash available, ensuring full funding for the construction of the test reactor.
Strategic PartnershipsThe company continues to make commercial progress, including: signing a feasibility study agreement with BaRupOn to evaluate up to 1GW of power with KRONOS.
Technological InnovationNNE announced successful testing of the patent-pending Annular Linear Induction Pump (ALIP), offering an alternative to mechanical pumps for coolant circulation in advanced reactors.