NANO Nuclear Energy (NNE) Collaboration summary

Opening remarks and agenda

• A milestone ceremony at the University of Illinois Urbana-Champaign marked the start of drilling for the KRONOS MMR micro modular reactor prototype, with participation from management, university officials, and industry stakeholders.

• Remarks were delivered by company management, university leadership, engineering and construction partners, and key stakeholders, emphasizing the project's significance and broad industry interest.

• Forward-looking statements were made, covered under U.S. Securities Law.

• The agenda included presentations, a Q&A session, and networking opportunities.

Objectives and strategic vision

• Partnership aims to deploy the KRONOS MMR at the University of Illinois Urbana-Champaign, supporting clean energy goals, campus power needs, and workforce development.

• The project seeks to demonstrate advanced nuclear technology for research, education, and commercial applications.

• The KRONOS MMR is a stationary, high-temperature gas-cooled microreactor designed to deliver 15 MWe (45 MWth) of carbon-free power, featuring meltdown-resistant TRISO fuel and passive helium cooling.

• The system is intended for resilient, modular, and clean energy solutions across industries such as AI, data centers, military, and remote communities, with "walk-away safety" and "island-mode microgrid" capabilities.

Partner introductions and roles

• University of Illinois provides the site, research leadership, and integration with campus infrastructure.

• NANO Nuclear Energy leads technology development, financing, and project execution.

• Hatch and PCL Construction serve as engineering, procurement, and construction management partners, focusing on modular deployment.

• BaRupOn and Power Construction represent commercial and data center interests.

• Executive Advisory Board includes former military leaders advising on defense applications.