12:26 PM EDT, 09/23/2024 (MT Newswires) -- Nano Nuclear Energy ( NNE ) was up more than 12% in recent Monday trading after the company said it formed a new subsidiary that would focus on developing micronuclear reactor technology for space industry applications.

NANO Nuclear Space will explore the use of the company's solid core battery reactor ZEUS and low-pressure coolant reactor ODIN for applications such as power systems for extraterrestrial projects and human sustaining environments, the company said.

Price: 14.67, Change: +1.65, Percent Change: +12.64