NANO Nuclear Energy and Tillman Global Holdings have entered a strategic commercial framework that positions NANO’s microreactor technology as the preferred nuclear energy source for Tillman’s future AI data center campuses across the United States. The non-binding agreement, announced on August 24, lays out a roadmap to deploy over 2 GW of advanced nuclear capacity by the mid-2030s, scaling to 6 GW by 2040.
What the deal actually includes
The framework designates NANO Nuclear’s KRONOS MMR microreactor, rated at 15 megawatts electric, as Tillman Global’s go-to nuclear energy solution. The collaboration spans multiple phases: site evaluation, licensing support, and project development.
On the financial side, the structure is built around milestone-based equity incentives. NANO Nuclear could receive warrants worth up to $100 million in NNE stock, contingent primarily on binding reactor purchase commitments. There’s also an initial restricted stock grant of $5 million baked into the arrangement.
The word “non-binding” deserves emphasis here. Nothing in this framework obligates either party to purchase, build, or deploy anything. The aggressive capacity targets are contingent on definitive agreements and regulatory approval. NANO’s KRONOS MMR is currently at the NRC construction permit pre-application stage, meaning the reactor design hasn’t yet received a construction permit, let alone an operating license.
