Wire · regulatory
U.S. Enters Trilateral Agreement to Expand SMR Deployment
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Fusion42 · 10 July 2026 · Fusion42 review
The U.S., Japan, and South Korea have signed a trilateral agreement to accelerate small modular reactor (SMR) deployments across the Indo-Pacific and Europe, backed by $10m+ in U.S. funding for technical support and workforce training. GE Vernova, Hitachi, Samsung C&T, and SGE are simultaneously moving to commercialise the BWRX-300 reactor model in Europe.
This Wire brief sits within Fusion42's coverage of Clean Energy and Energy Storage.
◆ ◆ The Wire takeaway
If you supply components, manufacturing, or services to GE Vernova, Hitachi, or Samsung C&T's SMR programmes, you now have geopolitical backing and a fleet deployment model that cuts cost and risk - that's a customer acquisition signal and a price sustainability signal combined. The bottleneck moves from licensing to supply chain, and the U.S. government just told you where the money flows for the next decade.
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1 source · 10 Jul 2026
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