Nano Nuclear Energy shares rise 2.58% premarket after winning $1.25 million Air Force contract for KRONOS MMR™ Energy System.

Nano Nuclear Energy Inc. rose 2.58% in premarket trading, driven by multiple positive news events. The company was awarded a $1.25 million Direct to Phase II (D2P2) Small Business Innovation Research (SBIR) contract by AFWERX to explore deploying its advanced KRONOS MMR™ Energy System at Joint Base Anacostia-Bolling in Washington, D.C. This project, in collaboration with the 11th Civil Engineering Squadron, aims to address the base's energy demands and grid vulnerabilities. Additionally, Nano Nuclear Energy Inc. was awarded a $1.3 million Air Force contract, further highlighting its advancements in clean energy solutions.