An increased focus on energy security in the wake of a Middle East crisis and a boom in AI data centres will help to power growth in nuclear energy in the region, according to the head of US-based Nano Nuclear Energy.

Speaking in an interview with Bloomberg, Nano’s founder Jay Yu said the Middle East is a key region for the company’s growth plans.

Nano signed a joint venture agreement with United Arab Emirates (UAE)-based investment firm EHC Investment in February. Under that Agreement Nano and EHC will explore a joint venture aimed at deploying micro modular reactors, notably Nano Nuclear’s Kronos MMR energy system, and necessary supply chains in the UAE.