Illinois is continuing to position itself as a clean energy leader with the announcement that NANO Nuclear Energy Inc. will establish a manufacturing and research development facility in the state. The company is committing more than $12 million to this project, which is expected to generate 50 full-time jobs and advance next-generation nuclear energy technologies.
The new facility is located in the Chicagoland area and features a 23,537-square-foot site, including a 7,400-square-foot non-nuclear demonstration zone. It will support engineers, component manufacturers and researchers who will collaborate closely with the University of Illinois Urbana-Champaign on NANO Nuclear’s flagship project, the KRONOS MMR™ Microreactor Energy System.
Illinois’ economic development program, Reimagining Energy and Vehicles, is backing the investment through tax credits tied to job creation and capital investment. This will reflect the state’s broader strategy to attract advanced manufacturing and clean energy companies.
Several factors made Illinois an appealing location for NANO Nuclear. The state is already a significant hub for nuclear electricity production and has deep academic and industrial infrastructure. The presence of well-established utilities and research institutions provides a strong ecosystem for innovation in nuclear power.
NANO Nuclear’s arrival places it among a growing list of clean tech companies choosing Illinois, including companies in advanced manufacturing and alternative energy sectors. As it takes shape, this facility is poised to contribute not only to job growth but also to new research breakthroughs that could help shape the future of energy in Illinois and beyond.