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Nano Nuclear wants to reinvent the nuclear power business—but it could take a while
Nuclear energy is responsible for 19% of U.S. electricity production, fourth in line behind natural gas, coal, and renewable energy sources such as wind. All three of those other sources seem to have a better future than the stagnant nuclear power business, which has seen only three new reactors built in the past 20 years. This week, a two-year-old company, Nano Nuclear Energy, is expected to go public on Nasdaq with a plan to solve what ails the nuclear power business. The company, officially based on the 30th floor of an office building in New York’s Times Square, is a “distributed” company, meaning, its 27 ... (full story)