Nano Nuclear Energy is developing small, portable reactors intended for deployment at AI data centers. The company, listed on NASDAQ as NNE, believes its technology could provide uninterrupted power to these facilities.
According to estimates from the Electric Power Research Institute, power demands linked to artificial intelligence in the U.S. might increase roughly tenfold by 2030. The existing power grid is aging and faces strain in some regions.
Nano Nuclear's approach focuses on portability. While other companies like Oklo and NuScale are designing small modular reactors, Nano Nuclear aims to build units that can fit on trucks. This design could allow rapid deployment matching the pace of data center construction.
The company currently lacks regulatory approval from the Nuclear Regulatory Commission for commercial deployment of its reactor design. As a result, it generates no revenue.
For Nano Nuclear to achieve a 100-fold gain, turning $1,000 into $100,000, it would need to secure NRC approval and dominate the energy sector. With a current market capitalization of approximately $1.8 billion, such a gain would imply a valuation of $180 billion, making it one of the largest energy companies by market cap.
A 100-fold gain is described as unlikely to occur soon. Even a tenfold gain would require clear progress through the NRC process, concrete agreements for technology deployment at existing locations, and revenue generation. That scenario is probably several years away.
The Motley Fool Stock Advisor analyst team recently identified what they believe are the 10 best stocks for investors to buy now. Nano Nuclear Energy was not included in that list. The team noted that the 10 selected stocks could produce significant returns in coming years.
Stock Advisor's total average return is 955%, compared to 196% for the S&P 500. The service highlighted past recommendations, such as Netflix on December 17, 2004, where a $1,000 investment would have grown to $474,578, and Nvidia on April 15, 2005, where a $1,000 investment would have reached $1,141,628.