Question · Q4 2025
Jeff Gramp inquired about the timeline for the U of I site's construction permit application with the NRC, including the expected duration of the NRC review and potential acceleration strategies. He also asked about NANO Nuclear's vertical integration strategy, its 2026 objectives, and the company's preference for internal development versus acquisitions across different aspects of the strategy.
Answer
James Walker, CEO of NANO Nuclear Energy Inc., confirmed that drilling for geotechnical data was completed on schedule, keeping them on track for the Q1 2026 NRC construction permit application. He expects a substantially shorter NRC review than Kairos' 15-month period due to NANO's use of well-known, high-TRL components, and noted that a detailed initial application and close NRC collaboration can expedite the process. Regarding vertical integration, Mr. Walker explained that highly specialized reactor components would likely be sourced externally, while NANO aims to centralize reactor core manufacturing internally for economies of scale. He highlighted concerns about the fuel supply chain since 2022, leading to the collaboration with LIS Technologies for enrichment, and identified uranium hexafluoride conversion as a significant bottleneck, anticipating developments next year to de-risk this part of the supply chain.
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