Nuclear

NANO Nuclear, IP3, and Cybernetic Intelligence sign LOI to develop nuclear-powered AI and computing infrastructure

By Kelly Lippke · October 5, 2026 · 1:22 PM · 4 min read
Nuclear

NANO Nuclear Energy, IP3 Corporation, and Cybernetic Intelligence have signed a Letter of Intent to jointly pursue nuclear-powered AI, national security, and computing infrastructure projects across the United States and select international markets. The LOI, formally executed in August 2026 and announced September 25, sets out a shared framework for the three companies — and names NANO Nuclear as a preferred nuclear technology and services provider for opportunities developed through the collaboration.

Three companies formalize framework for nuclear-powered AI infrastructure

The LOI creates a non-binding, non-exclusive structure for the three parties to jointly identify and develop projects — not a commitment to build anything specific. NANO Nuclear (NASDAQ: NNE) enters the arrangement as the named preferred provider of nuclear technology and services, covering advanced microreactor technology, nuclear fuel supply and logistics, and reactor operations. IP3 and Cybernetic Intelligence would draw on those capabilities as they originate and develop opportunities together.

The targeted geography spans the United States and select international markets, though the announcement doesn’t name specific countries or regions. Signed in August 2026, the agreement was publicly announced on September 25.

NANO Nuclear CEO James Walker described the announcement as “another meaningful step in expanding future commercial pathways” for the company.

Growing AI and national security energy demand drives the collaboration

The rationale behind the LOI is pretty straightforward: AI data centers, defense installations, and sovereign computing systems need power that’s secure, reliable, and resilient — and traditional utility-scale generation isn’t well-suited to those specialized, high-security use cases.

Advanced microreactors are positioned as a fit-for-purpose alternative. Their smaller footprint and potential for energy independence make them attractive for deployments where grid dependence is a liability rather than an acceptable tradeoff.

Cybernetic Intelligence CEO Maxim Serezhin put it directly: “Compute sovereignty ultimately depends on energy sovereignty.” As governments and critical industries deploy increasingly powerful AI systems, access to secure and dedicated power becomes a core infrastructure requirement — not a secondary consideration.

Each partner contributes distinct capabilities to the joint effort

NANO Nuclear supplies the nuclear technology layer: microreactor design, fuel supply and logistics, and operational expertise. That’s the hardware and fuel side of the equation.

IP3 Corporation brings a different set of tools — project origination, development, financing capabilities, and government engagement. Essentially, the ability to move from concept to financeable project. IP3 CEO Michael Hewitt described the challenge plainly: “The opportunity in advanced nuclear now turns on execution. We must convert strong technology into financeable, buildable projects.”

Cybernetic Intelligence fills the demand side, bringing AI infrastructure expertise, compute sovereignty solutions, and access to potential customers across defense, intelligence, and commercial computing sectors. The three roles are designed to connect technology supply with real energy demand and viable financing pathways, rather than leaving any single piece of the puzzle unaddressed.

Planned activities include a pilot program and evaluation of multiple project sites

The parties have outlined a concrete near-term workstream: identifying and launching a mutually agreed pilot program. That pilot would be selected based on project readiness, strategic priority, and available resources, then governed by a separate project-specific agreement covering scope, timeline, commercial terms, and deliverables.

The areas under active consideration span a wide range of applications — advanced reactor programs for military use, energy resilience for defense and intelligence installations, sovereign AI and high-performance computing infrastructure, maritime nuclear applications, and international energy projects. In parallel, the parties plan to evaluate potential host sites and end-users, engage government agencies and regulators, and assess supply-chain, manufacturing, and workforce requirements. On the financing side, they intend to explore infrastructure and project finance, government-supported programs, and institutional capital.

LOI is non-binding; future projects require separate agreements and regulatory approvals

It’s worth being clear about what the LOI does and doesn’t represent. The agreement is explicitly non-binding and non-exclusive — a shared framework for exploring opportunities, not a guarantee that any specific project will move forward.

Every future project will need its own due diligence process, applicable regulatory and governmental approvals, financing arrangements, and a separately negotiated definitive agreement. None of those steps are shortcut by what’s been signed here.

NANO Nuclear CEO James Walker described the announcement as “another meaningful step in expanding future commercial pathways” for the company. That framing — a step, not an arrival — accurately reflects how early-stage this formalization really is.

What this LOI means in practice

At its core, the agreement is a structured starting point. The three companies have identified a shared thesis — that advanced microreactors can serve AI, national security, and computing infrastructure in ways traditional power generation can’t — and have committed to exploring it together.

NANO Nuclear holds the preferred provider designation for nuclear technology and services. IP3 brings project development and capital formation capabilities. Cybernetic Intelligence connects the arrangement to real computing demand. Whether that combination ultimately produces financeable, buildable projects depends on what emerges from the pilot program, site evaluations, regulatory engagement, and financing work still ahead.

Kelly Lippke
Kelly Lippke

Kelly is an experienced writer with 15 years of experience exploring the big stories that shape our world, from tech breakthroughs and space exploration to climate, energy, and the fascinating quirks of science. She has a talent for turning complex ideas into sharp, memorable insights that stay with readers long after they’ve finished reading.

Kelly Writer
Kelly Lippke

Kelly is an experienced writer with 15 years of experience exploring the big stories that shape our world, from tech breakthroughs and space exploration to climate, energy, and the fascinating quirks of science. She has a talent for turning complex ideas into sharp, memorable insights that stay with readers long after they’ve finished reading.