NANO Nuclear Energy Surges 14% After $13M Acquisition of Transport Specialist
NNE•NANO Nuclear Energy shares rose 14% after it acquired Secured Transportation Services LLC for up to $13 million, including $6 million cash and $7 million shares. It brings an operator with $7.1 million in 2025 revenue, $1.3 million net income and approvals on over 90% of NRC spent fuel routes.
1. Acquisition Terms
NANO Nuclear Energy completed the acquisition of Secured Transportation Services LLC for up to $13 million, paying $6 million in cash at closing and issuing $7 million in common shares. Shares of the company jumped 14% following the announcement.
2. Transport Capabilities
Secured Transportation Services brings over two decades of nuclear logistics experience, approvals covering more than 90% of NRC-approved spent fuel transportation routes in the U.S. and a track record of projects in over 40 countries.
3. Financial Impact
In the year ended December 31, 2025, Secured Transportation Services generated audited revenue of approximately $7.1 million and net income near $1.3 million, adding an established revenue stream to NANO Nuclear’s portfolio.
4. Strategic Integration
The acquisition enhances NANO Nuclear’s vertical integration strategy by incorporating transport planning, coordination and execution into its platform, while retaining founder Roy Boyd and his management team to lead operations.
