Mergers & Acquisitions ·
Nano Nuclear Energy acquires U.S. nuclear fuel processing assets from Radnostix for $9.5M in cash and stock
NNENano Nuclear Energy Inc.
On September 28, 2026, Nano Nuclear Energy Inc. and its subsidiary HALEU Energy Fuel Inc. entered into an Asset Purchase Agreement to acquire U.S. nuclear fuel processing assets from Radnostix, Inc. and International Isotopes Fluorine Products, Inc. The transaction includes a U.S. Nuclear Regulatory Commission license for a depleted uranium hexafluoride deconversion facility in Lea County, New Mexico, along with related intellectual property and technical materials. Consideration consists of $9.5 million in cash and $4 million in restricted common stock issued to the sellers. Closing is expected within 90 to 120 days, subject to NRC consent for license transfer, satisfactory site arrangements, and environmental assessments. This acquisition supports Nano Nuclear's strategy to establish a vertically integrated advanced nuclear energy platform.