Hyundai Engineering inks SMR MoUs with NANO Nuclear and ARC Clean Technology
From the Energy digest for Oct 28, 2026
What happened: South Korea's Hyundai Engineering signed memorandums of understanding with US SMR developers NANO Nuclear Energy and ARC Clean Technology, announced October 28, 2026, as it works to establish a role in the global small modular reactor market (World Nuclear News).
What's genuinely new: a Korean engineering group is stepping toward the US SMR buildout. The supply-chain stack this storyline has been tracking — enrichment, HALEU, TRISO, fuel fabrication — now gets its engineering-and-construction-services layer, though only at MoU intent grade.
Watch: whether the MoUs convert into named engineering scopes or projects at either developer, which reactor designs Hyundai Engineering works on, and any Korean-state or utility backing behind the move.
Sources World Nuclear News