Nano additives are materials that have been widely used to increase the effectiveness of pyrotechnic compositions. This study examines the effects of iron (III) oxide (Fe2O3) nanoparticles on the burning characteristics (i.e., the heat of combustion, the burning rate, and the infrared radiance) of the pyrotechnic composition based on Magnesium-Teflon-Viton (MTV). The dispersion of nano additive in the pyrotechnic composition is evaluated using SEM and EDX. The experimental results demonstrate that the heat of combustion and the burning rate are increased while the spectral radiance is shifted to the shorter wavelength area with the complement of the additive Fe2O3 nanoparticle to the MTV composition.