Nano Nuclear Energy, Hyundai Engineering Sign Memorandum of Understanding for Project at US University

09:47 AM EDT, 10/27/2026 (MT Newswires) -- Nano Nuclear Energy (NNE) said Tuesday it has signed a memorandum of understanding with Hyundai Engineering to set up a framework for a potential collaboration to support the Kronos MMR Energy System project at the University of Illinois Urbana-Champaign. The companies will also assess wider cooperation on Nano Nuclear manufacturing and deployment projects in the US, Nano Nuclear said. The memorandum of understanding does not establish any specific work package or commit either company to funding or construction, according to the statement. Financial details were not provided. Price: 12.56, Change: +0.70, Percent Change: +5.90