Added to YB: 2024-07-22
Pitch date: 2024-07-19
NNE [bearish]
NANO Nuclear Energy Inc.
+60.9%
current return
Author Info
Hunterbrook Media publishes investigative and global reporting with no ads or paywalls. Their mission is to bring visibility to under-covered regions and accountability to under-scrutinized sectors. Sign up for the newsletter.
Company Info
NANO Nuclear Energy Inc. operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor.
Market Cap
$568.8M
Pitch Price
$18.67
Price Target
N/A
Dividend
N/A
Sector
Electrical Equipment
Category
N/A
Fission Impossible: Nano Nuclear ($NNE) has no revenue, no products, 'laughable' timelines, part-time executives, and a $600 million market cap.
NNE: Pre-revenue nuclear microreactor startup, 450% stock rise since May IPO. No product/patents. Experts deem 2030-31 market entry 'laughable'. $6M cash, spent more on ads than R&D. Execs are part-time contractors. NRC unaware of company. No formal regulatory process begun. Vertically integrated ambitions but subsidiaries not operational.
Read full article (13 min)