On October 7, 2025, Nano Nuclear Energy Inc. announced that it will establish a new manufacturing and research‑and‑development facility in the Chicago area, with the company investing $12 million and receiving a $6.8 million tax incentive from the Illinois Department of Commerce and Economic Opportunity. The announcement also noted that the new hub will create 50 full‑time jobs and will be a 23,537‑square‑foot stand‑alone building, including a 7,400‑square‑foot non‑nuclear demonstration area.
The facility is intended to support the company’s engineering, component manufacturing, and research teams, and will be used in collaboration with the University of Illinois Urbana‑Champaign to advance the KRONOS MMR microreactor program. The partnership will provide a dedicated space for design, construction, and testing of the KRONOS system, which is the company’s lead project for a stationary high‑temperature gas‑cooled reactor.
By expanding its physical footprint in Illinois, Nano Nuclear Energy is positioning itself to accelerate the development and eventual commercialization of the KRONOS MMR, while also strengthening its supply chain and talent pool in a state with a strong nuclear heritage. The investment and incentives signal state support for the company’s advanced nuclear technology and represent a significant step toward realizing its microreactor vision.
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