US microreactor developer NANO Nuclear Energy has signed a letter of intent for the proposed sale of its ODIN low-pressure coolant microreactor design and all associated intellectual property to Cambridge AtomWorks of the UK. Cambridge AtomWorks, which is led by University of Cambridge nuclear science leaders, is an advanced reactor developer that is already developing ODIN for NANO Nuclear on an outsourced consulting basis. The sale of ODIN is expected to be closed by the end of 2025. "Following our acquisition of the patented, gas-cooled KRONOS MMR and LOKI MMR microreactor technologies earlier this year, NANO Nuclear has assumed a leadership role in advancing the next generation of nuclear reactors in the United States," said NANO Nuclear Founder and Chairman Jay Yu. As KRONOS MMR advances through construction and licensing, LOKI and ZEUS directly benefit from the aligned technology, regulatory, and supply chain efficiencies."