NANO Nuclear Energy (NNE) announced that it has acquired a 2.75-acre land and building package in Oak Brook, Illinois to serve as a regional demonstration and office facility to support the development of NANO Nuclear’s lead development project — the KRONOS MMR Microreactor Energy System — in collaboration with the University of Illinois Urbana-Champaign on its campus grounds. The $3.5 million purchase includes a 23,537-square-foot stand-alone building facility, including a 7,400-square-foot non-nuclear demonstration area. The facility will also initially house up to 60 nuclear engineers, researchers and support staff to engage in component construction and testing for the KRONOS MMR. It will also serve as a base of operations to collaborate with UIUC on the construction and regulatory licensing of the KRONOS MMR.
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