Nano Nuclear rises after completing first full tests for proprietary pump technology
** Shares of nuclear technology company Nano Nuclear Energy NNE.O rise 4.5% to $33.2 premarket ** Company says it completed first full tests of its new annular linear induction pump (ALIP) at 350°C at its New York demo site ** The tests aimed to ensure ALIP can last in places where maintenance is not possible like space, undersea, or nuclear environments ** "We continue to advance our patent-pending ALIP technology toward commercialization," says Chairman Jay Yu ** Up to last close, shares up 27.8% YTD (Reporting by Varun Sahay) ((Varun.sahay@thomsonreuters.com))
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