Zeldin’s Support Spurs 2% Rise in Nano Nuclear Energy Shares
NNE•EPA Administrator Lee Zeldin praised new small modular reactor development, lifting NuScale and Oklo shares by about 5% and Nano Nuclear Energy shares by roughly 2% in pre-market trading. A recent executive order mandates the NRC to streamline licensing, cut regulatory barriers and boost U.S. nuclear capacity from 100 GW to 400 GW by 2050.
1. Zeldin Endorses SMR Buildout
EPA Administrator Lee Zeldin highlighted small modular reactors as a critical component of U.S. energy strategy, expressing optimism about new reactor builds and their potential to deliver reliable, around-the-clock power.
2. Executive Order Accelerates Nuclear Expansion
Last month’s executive order directs the Nuclear Regulatory Commission to streamline licensing processes, reduce regulatory hurdles and impose fixed approval deadlines to support a fourfold increase in U.S. nuclear capacity to 400 GW by 2050.
3. Pre-Market Gains for Nano Nuclear Energy
Following Zeldin’s comments, Nano Nuclear Energy saw its shares climb about 2% in pre-market trading, reflecting broader investor enthusiasm for companies positioned to benefit from expedited reactor approvals.
