Core Insights - Smartkem, Inc. has announced a non-binding letter of intent with Carbonium Core, Inc. for a proposed nuclear graphite manufacturing unit, which has received state-level support [1][2] - The planned facility in Tennessee's Cumberland Gap region is expected to drive job creation and economic growth [2][3] Company Overview - Smartkem is a leader in advanced materials, focusing on semiconductor polymers that enable low-cost, high-performance electronics [8] - Carbonium Core is dedicated to producing nuclear-grade graphite for next-generation reactors, aiming to establish a fully domestic supply chain [11][12] Strategic Importance - The proposed transaction aims to combine Smartkem's advanced materials expertise with Carbonium Core's vertically integrated platform for nuclear graphite production, which is critical for small modular reactors and Generation IV designs [3][5] - The project is designed to enhance U.S. energy security by reducing reliance on overseas sources of reactor-grade graphite and utilizing environmentally responsible processing methods [5][4] Economic Impact - The manufacturing unit is anticipated to create quality jobs and provide new opportunities for local communities in Tennessee [3][2] - The collaboration is expected to leverage Tennessee's industrial infrastructure and skilled workforce to support the development of a U.S.-based nuclear graphite manufacturing footprint [5]