Nano Nuclear Energy Inc. Stock Price, News & Analysis

NANO Nuclear Energy (NASDAQ: NNE) celebrated an Oct 24, 2025 event at the University of Illinois marking the start of site-characterization drilling for its KRONOS MMR™ micro modular reactor prototype.

Key highlights: a prospective customer, BaRupOn LLC, announced a planned feasibility study to evaluate deploying roughly 15 KRONOS units to power a 700‑acre, >1 GW advanced manufacturing and AI data‑center campus near Houston. NANO noted prior developer investment of ~$120M and nearly a decade of R&D, and said it has raised over $600M since May 2024. The event featured university, industry EPC, and former military leaders endorsing the prototype and commercial interest.

NANO Nuclear Energy (NASDAQ: NNE) rebranded its Canadian KRONOS MMR business as True North Nuclear following its acquisition of Global First Power Limited. True North Nuclear will focus on constructing, demonstrating and pursuing Canadian regulatory approval for the KRONOS MMR Energy System, building on a completed Vendor Design Review and prior LTPS submission by GFPL.

NANO Nuclear said it will advance parallel licensing and pre-construction work in Canada and the U.S., and plans to file a U.S. NRC construction permit application in Q1 2026 for a KRONOS research prototype at UIUC.

NANO Nuclear (NASDAQ: NNE) held a milestone ceremony Oct 24, 2025 at the University of Illinois marking the start of geotechnical drilling for its first KRONOS MMR™ micro modular reactor prototype.

The KRONOS MMR™ is a 15 MWe (45 MWth) high-temperature gas-cooled microreactor using TRISO fuel and passive helium cooling with walk-away safety and island-mode microgrid capability. AECOM performed site characterization; NANO plans to file a construction permit application in or around Q1 2026. Event participants include company executives, U. of I. engineers, AECOM, Hatch, PCL and industry stakeholders; the ceremony was webcast with a 30-day replay.

NANO Nuclear (NASDAQ: NNE) closed its acquisition of Global First Power from affiliates of Ultra Safe Nuclear Corporation, acquiring the CNSC licensing application for a KRONOS MMR™ demonstration at Chalk River, Ontario and enabling progress toward the License to Prepare Site (LTPS) step.

The deal follows NANO’s January 2025 IP transfer from USNC and positions the company to run concurrent U.S. and Canadian licensing and construction programs, with site work underway at UIUC and an October 24, 2025 milestone ceremony with AECOM. NANO assumed approximately $640,000 of GFPL liability to the CNSC as principal consideration.

NANO Nuclear Energy (NASDAQ: NNE) was added to Morgan Stanley’s National Security Index on October 20, 2025. The index highlights companies involved in critical energy and infrastructure technologies, and NANO Nuclear is one of 39 companies selected.

The inclusion recognizes NANO Nuclear’s work on advanced nuclear microreactor technologies, including its flagship KRONOS MMR™ Micro Modular Reactor Energy System, and may increase investor visibility across institutional and retail audiences.

NANO Nuclear Energy (NASDAQ: NNE) announced on October 20, 2025 that it has been included in Morgan Stanley's National Security Index (MSXXNSEC). The Index highlights 39 companies tied to critical energy and infrastructure technologies, including nuclear power, uranium, batteries, grid modernization, and critical minerals.

NANO Nuclear said the inclusion recognizes its role in advancing secure and resilient energy capabilities through its portfolio of advanced nuclear microreactor technologies, including the KRONOS MMR™ Micro Modular Reactor Energy System, and provides investors an additional way to follow the company's development and growth.

NANO Nuclear Energy (NASDAQ: NNE) announced it will participate in several investor-focused conferences in New York City and virtually between November 3 and December 16, 2025. Key events include the Spartan Capital Investor Conference (Nov 3, 2025), Bank of America Clean Tech Symposium (Nov 18-19, 2025), Benchmark Discovery One-on-One (Dec 4, 2025), B. Riley Convergence Conference (Dec 4, 2025) and Northland Capital Markets Growth Conference (Dec 16, 2025).

Management may present at one or more events; webcast details and replays will be posted at the company investor relations presentations page. Investors seeking meetings are advised to contact their investment bank representatives.

NANO Nuclear Energy (NASDAQ: NNE) will hold a milestone ceremony on October 24, 2025 at the University of Illinois Urbana-Champaign to mark the start of site characterization and drilling for its patented KRONOS MMR™ micro modular reactor prototype. The company and U. of I. are collaborating on development, construction and U.S. Nuclear Regulatory Commission licensing, with geotechnical work performed by AECOM.

The KRONOS MMR™ is a high-temperature gas-cooled microreactor designed to deliver 15 MWe (45 MWth), use TRISO fuel, passive helium cooling, and aim for "walk-away" safety and island-mode microgrid operation. NANO Nuclear expects to submit a construction permit application to the NRC in or around Q1 2026.

NANO Nuclear Energy (NASDAQ: NNE) closed an oversubscribed private placement on Oct 10, 2025, selling 8,490,767 common shares and raising proceeds that bring cash on hand to approximately $600 million. The financing was priced at the company's highest valuation to date and is intended to provide multiple years of operating runway to advance the KRONOS MMR™ micro reactor program, regulatory licensing, construction readiness, other development projects, potential strategic acquisitions, and general corporate purposes.

Planned next steps include geotechnical investigations at the University of Illinois campus and preparation of a KRONOS Construction Permit Application to the NRC.