- NANO Nuclear Energy Inc. (NNE, Financial) secures critical NRC approval for KRONOS MMR™ fuel methodology.
- The approval facilitates the submission of the Construction Permit Application for a prototype reactor at the University of Illinois Urbana-Champaign.
- The KRONOS project aims to become the inaugural advanced microreactor hosted on a U.S. university campus.
NANO Nuclear Energy Inc. (NNE) has achieved a significant regulatory milestone with the U.S. Nuclear Regulatory Commission's (NRC) approval of its Fuel Qualification Methodology Topical Report (FQM TR). This approval, crucial for the KRONOS MMR™ Energy System, paves the way for the deployment of a prototype reactor at the University of Illinois Urbana-Champaign.
The approved Fuel Qualification Methodology encompasses the qualification of Fully Ceramic Microencapsulated (FCM®) fuel, which utilizes tri-structural isotropic (TRISO) fuel particles embedded in a silicon carbide matrix. This successful regulatory review positions NANO Nuclear to proceed with submitting a Construction Permit Application for the KRONOS reactor.
The KRONOS MMR project is poised to be the first advanced microreactor implemented on a U.S. university campus. It will serve as a national hub for research, training, and demonstration activities while providing clean energy to the university.
James Walker, CEO of NANO Nuclear, stated, "This is a major victory for advanced nuclear energy and a transformative moment for NANO Nuclear, bringing us closer to turning the promise of KRONOS into a working reality at U. of I." The company is now preparing to submit its Construction Permit Application this year, marking a significant step toward its deployment milestones.
