Nano Nuclear Energy Inc. Announces Critical Milestone in KRONOS MMR™ Deployment

Nano Nuclear Energy Inc. has reached a significant milestone with the submission of a Construction Permit Application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for its KRONOS MMR™ microreactor. This application was formally submitted by The Grainger College of Engineering at the University of Illinois Urbana-Champaign, the Company's partner for the deployment. This achievement positions Nano Nuclear as a leading microreactor developer, marking a transition from concept to a formal NRC licensable, build-ready system. The CPA submission signifies advanced engineering, safety analysis, site-specific evaluations, and demonstrated compliance with NRC regulatory frameworks, reflecting years of technical refinement and regulatory alignment. The company emphasizes its strategy focused on commercially ready, scalable systems for real-world applications, differentiating it from concepts primarily focused on research and development. Nano Nuclear anticipates the NRC review process to take approximately 12 months, moving the project closer to construction authorization, reactor operation, commercial licensing, and fleet-scale deployment.