Nano Nuclear Energy Bring Microreactors to UAE

AI Summary

Nano Nuclear Energy, a U.S.-based microreactor company, signed a groundbreaking partnership with the UAE to deploy nuclear microreactor technology for off-grid power in desert data centers and decarbonizing oil and gas fields. This marks the company's strategic expansion into the Middle East.

US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion. (Source: Bloomberg)