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NANO Nuclear Energy Extends Relationship with the University of Illinois Urbana-Champaign to Construct and Operate the First KRONOS MMR Energy System on U.S. University Land
New York, New York--(Newsfile Corp. - December 31, 2025) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced
About this update from Nano Nuclear Energy Inc.
[{"type":"text","content":"New York, New York--(Newsfile Corp. - December 31, 2025) - NANO Nuclear Energy Inc. (NASDAQ: NNE) (\"NANO Nuclear\" or \"the Company\"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, announced today that it has signed a Memorandum of Understanding (MOU) with the Board of Trustees of the University of Illinois on behalf of the University of Illinois Urbana-Champaign (U. of I.) to collaborate on the development, construction, and operation of its KRONOS MMR™ on campus as an advanced research reactor.\nThe signing of the MOU represents an extension of NANO Nuclear's key relationship with U. of I. While the existing definitive sponsored research agreement between NANO Nuclear and U. Of I. provides for U. of I.'s support in design and regulatory licensing of the prototype KRONOS MMR™, the MOU sets forth the next steps for the design, construction, ownership and ultimate operation of a KRONOS MMR™ on the U. of I. campus.\nThe primary goal of the project is the safe, efficient, and responsible deployment of the KRONOS MMR™ microreactor at U. of I, which aligns with Illinois' long-term energy strategy and supports the carbon-reduction targets outlined in the state's Climate and Equitable Jobs Act (known as the CEJA).\nIn addition to demonstrating the commercial viability of NANO Nuclear's technology, the project will position U. of I. as a key center for energy innovation within Illinois and the nation.\n\"We are pleased to take this significant step toward the construction and operation of the first KRONOS MMR™ modular microreactor in the United States in partnership with the University of Illinois Urbana-Champaign,\" said Jay Yu, Founder and Chairman of NANO Nuclear. \"Our collaboration has already advanced key aspects of KRONOS MMR™ development, and this MOU further reinforces the strength and long-term goals of our partnership. We look forward to continuing our work with U. of I.'s world-class researchers and faculty as we advance this innovative reactor toward construction, testing, regulatory licensing and deployment.\"\n\n\nFigure 1 - NANO Nuclear Energy Inc. and the University of Illinois Urbana-Champaign sign a Memorandum of Understanding. to Collaborate on the Development, Construction, and Operation of a KRONOS MMR™ on University-owned Land.\nTo view an e...