Eagle Nuclear Energy Corp (NUCL) is a pre-revenue uranium exploration and small modular reactor (SMR) development company focused on advancing its Aurora Uranium Project (AUP) and building capabilities for the SMR business. The company generates no revenue, funding operations entirely through equity issuance and has reported net losses in each period disclosed, including a net loss of $1,471,882 for the three months ended February 28, 2026, compared to a net loss of $666,995 for the three months ended February 28, 2025. Eagle Nuclear completed a de-SPAC merger with Spring Valley Acquisition Corp. II on February 24, 2026, and holds a property option over the Aurora Uranium Project through subsidiaries Eagle Energy and Oregon Energy LLC, the latter acquired via share issuance of 1,710,991 common shares on February 24, 2026. A S-K 1300 Technical Report Summary for the AUP was completed by BBA USA Inc and filed with the SEC on September 30, 2025.

Revenue model

The company has no revenue. Operations are funded through equity financing. All periods disclosed in the 10-Q filed April 15, 2026 show net operating losses with no revenue line items.

Products and services

Aurora Uranium Project (AUP), uranium mineral rights exploration, small modular reactor (SMR) business development. Oregon Energy LLC acquired February 24, 2026.

Customers and end markets

No customers disclosed. End markets are uranium supply and nuclear power generation, at pre-revenue exploration stage as of February 28, 2026.

Value-chain role

Early-stage uranium exploration and mineral rights holder. Pre-feasibility stage with no production. Property option structure with Aurora Energy and Oregon Energy LLC. NSR (net smelter return) royalty obligations to Aurora Energy as part of the property option agreement.

Geographic exposure

No specific geography disclosed in the filing excerpts beyond U.S. SEC filings and regulatory context.

Source: SEC 10-Q, filed 2026-04-15

Industry: Miscellaneous Metal Ores