NANO Nuclear Energy Signs MOU with DS Dansuk to Advance Micro Modular Reactor Deployment in South Korea

Core Insights - NANO Nuclear Energy Inc. has signed a Memorandum of Understanding (MOU) with DS Dansuk Co., Ltd. to collaborate on the development and deployment of Micro Modular Reactor (MMR) systems in South Korea [1][2][11] - The partnership aims to position NANO Nuclear at the forefront of South Korea's clean energy transformation, leveraging DS Dansuk's industrial capabilities and regulatory access [2][4][12] Collaboration Framework - The MOU establishes a formal framework for collaboration, facilitating NANO Nuclear's access to South Korea's industrial base, regulatory institutions, and regional networks [1][2] - DS Dansuk will act as the primary local industrial coordinator, aiding in site identification, supply chain localization, and regulatory engagement [4][5] Strategic Objectives - The collaboration supports South Korea's "One Factory, One MMR" strategy, which aims to colocate clean nuclear microreactors at industrial sites to provide reliable energy [6][9] - NANO Nuclear and DS Dansuk will work together to customize the KRONOS HTGR-based microreactor for South Korean applications and develop licensing pathways aligned with local nuclear standards [10][22] Market Expansion - This partnership is a significant step in NANO Nuclear's international growth strategy, with South Korea being a key market for advanced nuclear technologies [11][12] - Success in South Korea is expected to provide a foundation for expansion into other Asian markets, including Japan and Southeast Asia [11][12] Industrial Partnership - DS Dansuk's established relationships within South Korea's industrial ecosystem are anticipated to accelerate NANO Nuclear's transition from design to deployment [5][12] - The collaboration is designed to be non-exclusive and non-binding, allowing for flexibility while both companies retain ownership of their intellectual property [12][14] Future Development - The partnership aims to identify pilot deployment sites, establish localized manufacturing, and create workforce training pipelines [22] - By combining NANO Nuclear's advanced technology with DS Dansuk's industrial reach, the collaboration seeks to create a scalable model for MMR deployment across Asia [13]