RegulatoryJun 25, 2026, 04:17 PM
Nano Nuclear KRONOS MMR™ NRC Review Begins; Construction H2 2027
AI Summary
Nano Nuclear Energy Inc. announced that the U.S. Nuclear Regulatory Commission (NRC) has initiated a formal review of the Construction Permit Application (CPA) for its KRONOS MMR™ Energy System at the University of Illinois Urbana-Champaign. This follows the NRC's formal acceptance of the CPA on May 18, 2026. The company expects the environmental assessment to be completed by Spring 2027 and the safety evaluation by early Fall 2027, aligning with its projection for initial construction activities to begin in the second half of 2027.
Key Highlights
- U.S. NRC initiated formal review of KRONOS MMR™ Construction Permit Application.
- Review follows formal acceptance of the CPA on May 18, 2026.
- Environmental assessment expected to be completed by Spring 2027.
- Safety evaluation anticipated by early Fall 2027.
- Initial construction activities at U. of I. campus expected in H2 2027.
- KRONOS MMR™ is a proprietary, stationary, high-temperature gas-cooled microreactor.
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