NANO Nuclear Advances KRONOS MMR Construction Program and Deployment at the University of Illinois Urbana-Champaign

Core Viewpoint - NANO Nuclear Energy Inc. is advancing its KRONOS MMR™ Energy System micro nuclear reactor project at the University of Illinois Urbana-Champaign, marking a significant step in the development of next-generation nuclear technology [2][5]. Company Developments - NANO Nuclear has engaged AECOM to provide engineering and environmental services for the KRONOS MMR project, which includes site-specific engineering, environmental analysis, and regulatory planning [3][6]. - The project aims to conduct detailed environmental reviews and site drilling to gather geological data necessary for a construction permit application to the U.S. Nuclear Regulatory Commission (NRC) [3][4]. - The KRONOS MMR is positioned to be one of the first licensed microreactors on a U.S. university campus, enhancing NANO Nuclear's leadership in the microreactor industry [5][6]. Industry Context - The initiative at UIUC is part of a broader mission to deploy modular, zero-emission microreactor systems across various sectors, including remote, commercial, and defense applications [5]. - Successful deployment at UIUC would serve as a model for future microreactor installations nationwide, reinforcing the university's status as a leader in nuclear engineering and research [5][6]. - NANO Nuclear's advancements align with the global energy transition towards nuclear solutions, positioning the company to meet industrial demand and humanitarian needs with high-efficiency microreactor systems [6]. Future Prospects - The agreement with AECOM is seen as a critical inflection point for NANO Nuclear, indicating progress towards regulatory licensing and real-world deployment of its microreactor technology [6]. - NANO Nuclear aims to establish itself as a vertically integrated company across multiple business lines, including microreactor technologies, nuclear fuel fabrication, and consulting services [7][9].