Using IC2 beta 109, buildcraft 3, and and forge v. 4.5.2.459
nano suit doesn't appear to be providing any protection from damage (standing next to a creeper when it goes off is fatal, even while wearing all four pieces.)
Is this a bug with the new beta? Yes it is, keywords of bug and beta, so check the bugs section, you will find a post saying that we use a bugtracker now, check the bugtracker, you will see that this has not only been reported, but is already fixed for the next beta, then check the beta thread, you will see that you are now like the 20th person to have reported this.