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Benzinga
Benzinga
Business
Henry Khederian

NANO Nuclear (NNE) Expands in Africa With Togo Deal: What's Going On?

Nano Nuclear Energy Inc (NASDAQ:NNE) shares are trading lower by 1.06% to $26.22 during Thursday’s session. The company earlier announced it signed a Memorandum of Understanding (MOU) with the Togolese Republic to develop and deploy nuclear energy systems, marking its second African partnership after a previous collaboration with Rwanda.

What To Know: The agreement aims to enhance Togo’s energy ecosystem through cutting-edge microreactors, such as NANO Nuclear’s “ZEUS” and “ODIN,” designed to power remote areas, industries and infrastructure without relying on the national grid.

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