Nano Nuclear Energy Inc. (NASDAQ:NNE) stock rose Thursday as the company outlined a new space power initiative.

The firm is seeking external expertise to advance its space fission power technology.

Nano Nuclear has issued a formal Request for Information to identify partners for future surface fission power system development.

The request, titled "Nano Nuclear Energy NASA Surface Fission Power Partnership Capabilities," aims to gauge industry experience in tech development, system integration, and operational support related to Nano Nuclear's LOKI MMR microreactor.

Context Of The Initiative

The United States is expanding its space exploration ambitions beyond low Earth orbit toward the Moon and ultimately Mars.

Reliable power sources are critical for long-duration missions, permanent infrastructure, and scalable exploration architectures.

These efforts align with a 2025 executive order calling for sustained lunar presence by 2028 and nascent outpost components by 2030.

NASA and U.S. partners are emphasizing technologies that can operate independent of intermittent energy sources, reduce operational risk, and support continuous surface activities.

Fission-based systems are seen as the most scalable solution to these goals.

This RFI helps position Nano Nuclear to support national goals beyond Earth's orbit, said Jay Yu, founder and chairman. He said responses will help the company plan the next phases of reactor integration and maturation.

Technical Strategy

The LOKI MMR is being developed by Nano Nuclear Space and is aimed at meeting space power challenges like extended lunar night or Martian winter, autonomous operations, and passive safety.

The system targets 300 kilowatts to 1 megawatt of electrical output and is scalable down to 100 kilowatts for space applications.

The reactor uses helium and supercritical CO₂ coolants and TRISO fuel enriched with LEU or HALEU.

It is engineered to weigh less than 15 metric tons and operate for up to 10 years without refueling, providing continuous power for demanding extraterrestrial environments.

Strategic Outlook

Nano Nuclear said responses to the RFI will shape its outreach to commercial, government, and international partners.

The company believes the feedback will guide planning for surface fission power development aligned with NASA and the Department of Energy exploration objectives.

NNE Price Action: Nano Nuclear Energy shares were up 2.08% at $35.08 at the time of publication on Thursday, according to Benzinga Pro data.

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