NANO Nuclear, IP3 and Cybernetic Intelligence Sign LOI to Pursue Nuclear-Powered AI Infrastructure Projects

NANO Nuclear Energy Inc. (NASDAQ: NNE), IP3 Corporation and Cybernetic Intelligence have signed a Letter of Intent establishing a framework to jointly pursue nuclear-powered artificial intelligence, national security and computing infrastructure opportunities across the United States and select international markets. The agreement names NANO Nuclear as a preferred provider of nuclear technology and services to IP3 and Cybernetic Intelligence for opportunities pursued through the collaboration, leveraging NANO Nuclear's capabilities across advanced microreactor technology, nuclear fuel supply and logistics, and reactor operations.

The collaboration reflects a growing recognition that surging demand for secure, reliable and resilient power across AI, defense and critical infrastructure sectors is creating new commercial applications for advanced nuclear technology beyond traditional utility-scale generation. By bringing together NANO Nuclear's reactor and fuel capabilities, IP3's project origination, development, financing and government engagement expertise, and Cybernetic Intelligence's specialization in AI infrastructure and compute sovereignty, the parties aim to convert emerging opportunities into financeable, buildable projects. The integrated development approach is expected to encompass identifying potential end-users and host sites, assessing regulatory and policy frameworks, developing project and feasibility materials, engaging financing partners, and evaluating supply-chain and manufacturing requirements.

The parties intend to jointly evaluate multiple potential commercial opportunities, including advanced reactor pilot programs for military applications, energy-resilience solutions for defense and intelligence installations, sovereign AI and high-performance computing infrastructure, maritime nuclear applications, and strategic international energy and infrastructure projects. As an initial workstream, they plan to identify and commence a mutually agreed pilot program selected on the basis of project readiness, strategic priority and available resources, subject to a separate project-specific agreement establishing scope, timeline, commercial terms and deliverables. The parties also expect to evaluate potential financing pathways including infrastructure and project finance, government-supported programs and institutional capital.

"Advanced nuclear is moving beyond traditional power markets as AI, national security and other strategic industries seek secure, reliable and resilient sources of energy. This collaboration is designed to position NANO Nuclear's technology at the center of that emerging opportunity," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "Being selected as a preferred nuclear technology and services provider for opportunities explored under this collaboration is another meaningful step in expanding future commercial pathways for our company."

"The opportunity in advanced nuclear now turns on execution. We must convert strong technology into financeable, buildable projects. That requires the right technology, customers, capital, regulatory strategy and development expertise in one place," said Michael W. Hewitt, Chief Executive Officer of IP3 Corporation. "NANO Nuclear brings deep expertise on advanced reactor technology and fuel capabilities to the table. Together we look forward to exploring projects across the infrastructure markets where energy security and resilience matter most."

"Compute sovereignty ultimately depends on energy sovereignty. As governments and critical industries deploy increasingly powerful AI systems, access to secure, dedicated and resilient power will become an increasingly important part of the infrastructure equation," said Maxim Serezhin, Chief Executive Officer of Cybernetic Intelligence. "We believe advanced nuclear can play an important role in meeting that requirement."

The LOI, formally executed last month, represents a non-binding and non-exclusive framework for exploration of opportunities among the parties. Any future projects remain subject to further diligence, applicable regulatory and governmental approvals, financing and the negotiation and execution of definitive agreements. The collaboration underscores a broader industry trend in which advanced nuclear technology is increasingly viewed as a critical enabler of energy-intensive AI and defense computing infrastructure, potentially opening new commercial pathways for microreactor developers and their partners.