Nano-structured energetic materials have been recently proposed as novel energy storage media where the exothermic reaction is the key to control the heat release process. The properties of nanoalloys, which can be engineered not only by the particle size, but also by varying their elemental compositions, are very appealing. This work conducts a comparative experimental study of the exothermic characteristics of two nanomaterials in the air, aluminum nanoparticles (nAl) and aluminum-copper nanoalloys (nano-AlCu) based on TGA/DSC studies. The results show that the general exothermic characteristics of nano-AlCu are very similar to that of nAl but the nano alloy is more reactive. The nano-AlCu oxides and ignites at lower temperature, and influenced by the heating rate. An early ignition is found for both nanomaterials, and melting of the nano-alloy is believed to be responsible for its early ignition.