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NANO Nuclear Sets Up Illinois Facility to Build Tiny Reactors With Help From Top University

Benzinga·07/30/2025 10:03:32
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The Oak Brook Facility will support up to the initial 60 nuclear engineers, researchers and support staff to work in collaboration with The University of Illinois Urbana-Champaign on NANO Nuclear's lead microreactor project

New York, New York--(Newsfile Corp. - July 30, 2025) - NANO Nuclear Energy Inc. (NASDAQ:NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has acquired a 2.75-acre land and building package in Oak Brook, Illinois to serve as a regional demonstration and office facility to support the development of NANO Nuclear's lead development project — the KRONOS MMR™ Microreactor Energy System — in collaboration with the University of Illinois Urbana-Champaign (UIUC) on its campus grounds.

The $3.5 million purchase includes a 23,537-square-foot stand-alone building facility, including a 7,400-square-foot non-nuclear demonstration area. The facility will also initially house up to 60 nuclear engineers, researchers and support staff to engage in component construction and testing for the KRONOS MMR™, a high technology readiness level (TRL), cutting edge, stationary, advanced micro modular reactor. It will also serve as a base of operations to collaborate with UIUC on the construction and regulatory licensing of the KRONOS MMR™.

This announcement comes on the heels of NANO Nuclear announcing the engagement of AECOM, the trusted global infrastructure leader, under a master services agreement to support site-specific engineering, environmental analysis and regulatory planning at UIUC. The agreement lays the groundwork for site-specific engineering in preparation for deploying the first MMR™ at UIUC, a globally recognized hub for nuclear research and innovation. Planned activities include detailed environmental reviews, regulatory pathway planning, and site drilling to obtain the geological data required for submitting a construction permit application to the U.S. Nuclear Regulatory Commission (NRC).

 

The Oak Brook Facility is NANO Nuclear's third U.S facility and second U.S. site dedicated to physical test work, joining the Company's facility in Westchester County, New York.