NANO Nuclear Energy and Hyundai Engineering Sign Memorandum of Understanding to Advance KRONOS MMR™ Project Execution and Future Fleet Deployment

NANO Nuclear signed a non-binding MOU with Hyundai Engineering to establish a framework for potential collaboration on the KRONOS MMR project at the University of Illinois Urbana-Champaign, which is under NRC construction permit review. The MOU covers project-execution planning, procurement readiness, modularization, logistics, and U.S. localization work, with possible later expansion into A/E, EPC, fabrication, and future fleet-deployment support under separate definitive agreements. HEC has worked on the underlying MMR technology since 2012 via USNC and KAERI, which NANO says provides continuity after its 2025 acquisition of USNC's MMR technology.

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