NANO Nuclear Energy Announces Milestone Ceremony to Begin Drilling Work with the University of Illinois for its Patented Flagship KRONOS MMR™ Micro Modular Reactor Energy System

Core Insights - NANO Nuclear Energy Inc. is hosting a milestone event on October 24, 2025, at the University of Illinois Urbana-Champaign to showcase progress on its KRONOS MMR prototype [1][3] - The KRONOS MMR is designed to provide deployable, high-efficiency microreactor systems for various applications, including industrial power needs and humanitarian efforts [2][4] - The event will highlight site characterization and geotechnical activities conducted by AECOM, marking a significant step towards the construction permit application planned for Q1 2026 [3][7] Company Overview - NANO Nuclear Energy Inc. is focused on advanced nuclear energy solutions and aims to be a vertically integrated company across multiple business lines, including microreactor technologies and nuclear fuel fabrication [10][11] - The KRONOS MMR is a high-temperature gas-cooled microreactor capable of delivering 15 MWe (45 MWth) of carbon-free power, designed for multi-decade use across various industries [4][11] - The company is collaborating with the University of Illinois to advance the KRONOS MMR through the U.S. Nuclear Regulatory Commission's licensing process [2][3] Event Details - The milestone event will feature remarks from key leaders of NANO Nuclear and the University of Illinois, along with representatives from government and industry partners [3][6] - The event is expected to serve as a model for future deployments of the KRONOS MMR in university, government, and commercial settings globally [2][3] - The data obtained from the site characterization will support the construction permit application, which will undergo a rigorous review by the U.S. Nuclear Regulatory Commission [7]