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 for clean energy solutions [1][6][9]. 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 [2][5]. - The planned activities at UIUC involve detailed environmental reviews, regulatory pathway planning, and geological data collection necessary for a construction permit application to the U.S. Nuclear Regulatory Commission (NRC) [2][5]. - The project aims to demonstrate the KRONOS MMR microreactor platform in a real-world setting, potentially serving as a model for future deployments across various sectors [6][9]. Industry Positioning - NANO Nuclear's initiative positions the company at the forefront of the microreactor industry, with the potential to lead in the U.S. microreactor race upon receiving the construction permit [6][9]. - The collaboration with UIUC, a recognized leader in nuclear engineering, enhances the company's credibility and showcases its commitment to developing safe, modular, and zero-emission microreactor systems [6][9]. - The project is seen as a critical signal to the market, indicating that NANO Nuclear is not only designing reactors but also moving towards building and testing them for regulatory licensing and deployment [9].