Core Points - NANO Nuclear Energy Inc. has signed a strategic collaboration with the University of Illinois Urbana-Champaign to construct the first research KRONOS micro modular reactor (MMR) on the university's campus [1][2] - This partnership establishes U. of I. as a key player in the licensing, siting, public engagement, and research operations for the KRONOS MMR, marking a significant step towards the commercialization of NANO Nuclear's advanced reactor technology [2][7] - The project aims to create a proving ground for safe, portable, and resilient nuclear energy, with the potential to deliver advanced reactor systems in the U.S. [3][9] Company Development - NANO Nuclear will initiate geological characterization and subsurface investigations to prepare for a Construction Permit Application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) [4][5] - The commencement of geotechnical investigations signals a transition from theoretical design to actual construction efforts, emphasizing the company's commitment to building the KRONOS MMR [5][10] - The KRONOS MMR Energy System is designed to be modular, inherently safe, and capable of rapid deployment, integrating seamlessly with local and renewable energy grids [11][12] Collaboration and Research - The collaboration with U. of I. will leverage the university's experience with nuclear regulators and facilitate public engagement, regulatory licensing, and workforce development [7][8] - U. of I. will lead regulatory engagement with the NRC and support licensing activities, while NANO Nuclear will oversee plant design and construction [8][9] - The KRONOS MMR project is positioned to be a pioneering effort in academia, providing a real-world platform for education and research in nuclear technology [8]
NANO Nuclear and University of Illinois Urbana-Champaign Sign Landmark Agreement to Build the First KRONOS MMR™ Research Reactor