NANO Nuclear Energy and Hyundai Engineering Sign MoU for Kronos MMR Project
NANO Nuclear Energy (NNE) has entered into a memorandum of understanding (MoU) with Hyundai Engineering to explore collaboration on the KRONOS Micro Modular Reactor (MMR) energy system. The partnership aims to establish a framework for potential joint development and implementation of the reactor technology. The announcement led to a 4.6% increase in NANO Nuclear's share price during early trading on Tuesday. This strategic move signals growing interest from major engineering firms in small modular reactor technologies as part of the broader transition toward advanced nuclear energy solutions.
Tickers: $NNE
Topics: Collaboration Memorandum of Understanding Nuclear Energy