Nano Nuclear Energy Inc. (NASDAQ: NNE) announced on October 14, 2025 that it will hold a milestone ceremony to begin drilling work with the University of Illinois Urbana‑Champaign for its flagship KRONOS MMR micro‑reactor. The ceremony marks the first physical site‑characterization activity for the project and involves AECOM’s geotechnical team, underscoring the company’s progress in the regulatory and construction phases of the KRONOS program.
The event will feature remarks from NNE leadership, including Founder and Chairman Jay Yu, Chief Executive Officer James Walker, and Chief Technology Officer Florent Heidet, as well as representatives from federal and state agencies, supply‑chain partners, and the university. The drilling work is a critical step toward the company’s planned construction‑permit application and demonstrates tangible progress in the NRC licensing process for the KRONOS MMR.
This milestone signals that Nano Nuclear Energy is advancing the KRONOS micro‑reactor toward demonstration and eventual commercial deployment, potentially accelerating the company’s timeline for regulatory approval and market entry. The event reflects continued investor confidence in NNE’s vertically integrated strategy and its ability to move from design to construction in a regulated environment.
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