NANO Nuclear Energy Selected by AFWERX for SBIR Phase I Award to Advance KRONOS MMR™ for the U.S. Air Force

Award strengthens NANO Nuclear's growing relationship with the Department of the Air Force and expands the Company's pathway toward future defense deployment opportunities.

New York, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), today announced it has been selected by AFWERX for a SBIR Phase I contract focused on NANO Nuclear’s KRONOS MMR(™) Energy System to address the most pressing challenges in the DAF. The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on July 21, 2026, NANO Nuclear Energy will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.