Market OpportunitiesMomentum is gaining in Canada where the design gained Phase I approval and is on the path for Phase II work, involving more feedback ahead of a preliminary safety analysis report and licensing application.
Regulatory ProgressThe U.S. Nuclear Regulatory Commission has issued its final Safety Evaluation approving the Fuel Qualification Methodology Topical Report for the KRONOS micro modular reactor, marking an important milestone for the company.
Strategic PartnershipsThe partnership with the University of Illinois, Urbana-Champaign positions management to focus on plant design and commercialization while UIUC handles the regulatory process.