NANO Nuclear Energy Selected by AFWERX for SBIR Phase I Award to Advance KRONOS MMR™ for the U.S. Air Force

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Award strengthens NANO Nuclear's growing relationship with the Department of the Air Force and expands the Company's pathway toward future defense deployment opportunities. New York, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"),  today announced it has been selected by AFWERX for a SBIR Phase I contract focused on NANO Nuclear's KRONOS MMR™ Energy System to address the most pressing challenges in the DAF. The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on July 21, 2026, NANO Nuclear Energy will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.       James Walker, Chief Executive Officer of NANO Nuclear Energy, said: "This award represents another meaningful step in the continued advancement of NANO Nuclear's defense commercialization strategy.      We now have multiple active engagements with the Department of the Air Force that demonstrate increasing confidence in our technology and technical capabilities. We believe these programs create valuable opportunities to showcase the KRONOS MMR™, while establishing relationships that may support future deployment opportunities across additional Air Force installations and the broader Department of War." Jay Yu, Founder and Chairman of NANO Nuclear Energy, added: "Energy resilience has become a strategic priority across the U.S. military, and advanced microreactors have the potential to fundamentally change how critical installations are powered. This award is significant not only because it expands our opportunity with the Air Force, but because it represents continued commercial validation of our technology roadmap. As we continue executing on each of our Air F...

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