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Jay Yu

Founder, Chairman & President, NANO Nuclear Energy Inc.

Search every verified Jay Yu interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jay Yu, founder, chairman, and president of Nano Nuclear Energy, discussed the company's recent activities and partnerships in public appearances during the third quarter of 2026. In an August earnings call, Yu reported that the company ended the quarter with approximately $580 million in liquidity, which he described as one of the strongest balance sheets among advanced reactor developers. He also outlined a proposed partnership structure involving a large partner, stating that the arrangement would allow the partner to receive equity grants and warrants in Nano Nuclear and invest tens of millions of dollars into the company as development and reactor purchase milestones are achieved. Yu said the company is pursuing vertical integration across the nuclear fuel cycle and has seen interest from mining companies and military-related opportunities. In a July CNBC appearance, Yu discussed a memorandum of understanding with UAE-based EHC Investment, a subsidiary of IHC, to explore microreactor deployment in the Gulf region. He said the partnership aims to help the region diversify away from reliance on oil and hydrocarbons and address geopolitical risks, citing conflicts in the region. Yu also highlighted a regulatory milestone in the US, noting that Nano Nuclear submitted a construction permit application with the University of Illinois to the Nuclear Regulatory Commission for a full-scale Chronos MMR, which he described as the first commercial microreactor to do so. He stated that the NRC has accepted the application and that the company is in formal licensing review, with expectations to begin construction by the second half of the following year if approved. Yu also mentioned interest in using microreactors to power AI infrastructure in desert locations, describing them as compact, off-grid, and scalable energy sources.

Recent appearances

Verified interview transcripts

Notable quotes

“With TRISO fuel, it's basically coated with tank armor. So, it can never melt down. That's the advanced nuclear technologies and this is why the nuclear renaissance is happening because you have all these new technologies coming online and adding to the whole profile of the reactor. Being able to combine the old with the new and essentially reduce that proliferation issue, reduce the issue with safety, it's a game ch”

“This is a very critical milestone here because it's thousands of pages of technical work, thousands of hours engagement with the US regulatory bodies, and it's essentially one of those milestones that you go from a paper reactor to now a real-life reactor, essentially. We conditioned this for a 12-month review, meaning that in a year we could be potentially pouring concrete and steel.”

“The global insecurity around nuclear right now is huge. You have oil that's playing a big part, which is a finite commodity. And then you have new nuclear technologies like our Kronos MMR that's coming online, hopefully by the end of the decade. And it gives you that energy security, it gives you that deployable, consistent baseload energy that you could plug in off grid anywhere in the world. So it gives that X fact”

“This is a very critical milestone here because it's thousands of pages of technical work, thousands of hours engagement with the US regulatory bodies. And it's essentially one of those milestones that you go from a paper reactor to now a real life reactor. We conditioned this for a 12 month review, meaning that in a year we could be potentially pouring concrete and steel.”

“China is building more reactors right now than the whole world put together. Yes. So this is why national security energy is national security.”

“The world currently uses centrifuges and this is why Putin he controls about I believe 40% of the world's enrichment. So that means he has a ton of centrifuges. The US, you know, because the nuclear infrastructure here essentially has been atrophied and we were the largest exporter of nuclear services and fields back then. We're the now the biggest importer, right? Because the US didn't invest into this in so many de”

Other executives at NANO Nuclear Energy Inc.

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