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NANO Nuclear Energy Secures $6.8M REV Illinois Incentive To Launch $12M R&D And Manufacturing Facility; Will Create 50 New Full-Time Jobs

Author: Benzinga Newsdesk | October 07, 2025 09:38am

NANO Nuclear Energy to receive REV Illinois incentive award of $6.8M

New York, N.Y., Oct. 07, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ:NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that the Company, alongside Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO), will establish a manufacturing and research & development facility in Illinois.

NANO Nuclear plans to make an investment of more than $12 million with the support from the Reimagining Energy and Vehicles in Illinois (REV Illinois) program, which will enable the company to establish its operations and create 50 new full-time jobs. NANO Nuclear will receive $6.8 million in incentive awards from the REV Illinois program.

Posted In: NNE

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