In this study, nanocrystalline nickel powders were cold compacted by a dynamic compaction method using a single-stage gas gun system. A bending test was conducted to measure the bonding strengths of the compacted regions and microstructures of the specimen were analyzed using a scanning electron microscopy. The specimen was separated into two parts by a horizontal crack after compaction. Density test shows that the powder compaction occurred only in the upper part of the specimen. Brittle fracture was occurred during the bending test of the compact sample. Dispersion of shock energy due to spalling highly affected the bonding status of the nanocrystalline nickel powder.