Eagle Nuclear Energy Provides Third Quarter 2026 Corporate Update
Key Highlights
- ➤$25.5 million cash, no outstanding interest-bearing debt at August 31, 2026
- ➤Aurora PFS expected in second half of 2027, pending Oregon drilling permits
- ➤Aurora drill-program contractors engaged to support technical work and PFS preparation
- ➤Eagle qualifies for Global X Uranium ETF after Solactive Index inclusion
- ➤Tensor Medium engaged for AI-enabled SMR reactor modeling and simulation
Expert Statements
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“During the third quarter we maintained our disciplined approach to advancing our core assets, as we continue to work towards development of an integrated nuclear energy platform combining domestic uranium resources with advanced SMR technology”
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“Eagle continues to build momentum since its public debut in February 2026, advancing initiatives and building partnerships that will position Eagle to become a key contributor to the long-term security of America’s domestic nuclear fuel supply chain.”
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“We have made significant progress in gathering critical data, evaluating sustainable development practices and establishing strategic partnerships to support Aurora’s long-term growth and advancement.”
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“Within our SMR program, we continue to advance our reactor development initiatives, building on the engagement of Tensor Medium Corporation (“Tensor Medium”) announced in June.”
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“As our Aurora Project and SMR program continue to develop, we have seen Eagle increasingly garner more recognition in the global nuclear energy markets.”
Mark Mukhija, CEO of Eagle Nuclear Energy Corp.
“We remain encouraged by the recent progress across our business as we continue to advance the Aurora Project in a disciplined and responsible manner, alongside the development of our advanced SMR technology platform.”
RENO, Nev., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Eagle Nuclear Energy Corp. (“Eagle” or the “Company”) (NASDAQ: NUCL), a next-generation nuclear energy company, is pleased to provide a corporate update for the third quarter, ending August 31, 2026. This quarter reflects continued progress of the Company’s flagship Aurora Uranium Project (“Aurora”), which hosts the largest conventional, measured and indicated uranium deposit in the United States, and the progression of its proprietary Small Modular Reactor (“SMR”) technology platform.
“During the third quarter we maintained our disciplined approach to advancing our core assets, as we continue to work towards development of an integrated nuclear energy platform combining domestic uranium resources with advanced SMR technology,” said Eagle CEO Mark Mukhija. “Eagle continues to build momentum since its public debut in February 2026, advancing initiatives and building partnerships that will position Eagle to become a key contributor to the long-term security of America’s domestic nuclear fuel supply chain.”
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