Tillman and Nano Team Up on Data Center Nuclear Power
Nano Nuclear Energy and Tillman Global Holdings have announced a commercial framework for nuclear power in data centers. The agreement positions NANO's microreactor technology as the preferred energy source for Tillman's future AI data center campuses across the United States.
The non-binding agreement, announced on August 24, outlines a roadmap to deploy over 2 GW of advanced nuclear capacity by the mid-2030s, scaling to 6 GW by 2040. This collaboration will span multiple phases: site evaluation, licensing support, and project development.
Financially, 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.