NANO Nuclear Acquires Nuclear Fuel Processing Assets from Radnostix

Key Facts

1NANO Nuclear signed a definitive agreement to purchase US nuclear fuel processing assets from Radnostix.

2The acquisition includes a 40-year NRC license for a fluorine extraction and depleted uranium deconversion project in New Mexico.

NANO Nuclear signed a definitive agreement to acquire US nuclear fuel processing assets and intellectual property from Radnostix. Reuters reported that the acquisition includes a 40-year Nuclear Regulatory Commission (NRC) license for a fluorine extraction and depleted uranium deconversion project in New Mexico, with the deal being executed through NANO Nuclear's subsidiary, HALEU Energy Fuel.

The acquisition is intended to secure domestic fuel cycle capabilities and bypass lengthy regulatory hurdles associated with obtaining new nuclear licenses. INIS closed at $0.055 on September 29, 2026, which also represented the day's high and low price levels.