NANO Nuclear’s KRONOS MMR™ Program Advances as U.S. NRC Initiates Formal Review

[Marlin]

NANO Nuclear's KRONOS MMR™ Program Advances as U.S. NRC Initiates Formal Review Activities with University of Illinois Urbana-Champaign and NANO Nuclear Energy

https://www.globenewswire.com/news-release/2026/06/25/3317484/0/en/nano-nuclear-s-kronos-mmr-program-advances-as-u-s-nrc-initiates-formal-review-activities-with-university-of-illinois-urbana-champaign-and-nano-nuclear-energy.html

[Core Content]

The U.S. Nuclear Regulatory Commission has initiated formal review activities for the KRONOS MMR construction permit application. This follows a June 23 meeting between agency staff, NANO Nuclear Energy, and the University of Illinois Urbana-Champaign. The NRC expects to complete the environmental assessment by spring 2027 and the safety evaluation by fall 2027.

This review process marks a transition from pre-application engagement to active regulatory oversight for the high-temperature gas-cooled microreactor. For the nuclear industry, the project serves as a test case for the licensing of small-scale, stationary reactors intended for diverse commercial and industrial applications. The established timeline provides a benchmark for other developers navigating the current U.S. regulatory framework for advanced nuclear technologies.

Meeting with NRC kicks off review activities and marks continued regulatory progress following acceptance of the KRONOS MMR™ Construction Permit...

June 25, 2026 08:00 ET | Source: NANO Nuclear Energy Inc. NANO Nuclear Energy Inc.

New York, N.Y., June 25, 2026 (GLOBE NEWSWIRE) -- 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, today announced continued progress in the U.S. Nuclear Regulatory Commission's ("NRC") review of the Construction Permit Application ("CPA") for deployment of NANO Nuclear's KRONOS MMR™ Energy System at the University of Illinois Urbana-Champaign ("U. of...

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https://www.globenewswire.com/news-release/2026/06/25/3317484/0/en/nano-nuclear-s-kronos-mmr-program-advances-as-u-s-nrc-initiates-formal-review-activities-with-university-of-illinois-urbana-champaign-and-nano-nuclear-energy.html