Wire · technology
Korean-US partnership for floating SMR platform
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Fusion42 · 22 July 2026 · Fusion42 review
Samsung Heavy Industries and Sargent & Lundy have signed an MoU to develop a standardised floating small modular reactor platform capable of hosting multiple reactor types, targeting commercial deployment in the US and global markets by the late 2020s. The partnership combines Samsung's offshore platform expertise with S&L's nuclear engineering to accelerate FSMR commercialisation for data centres and coastal power generation.
This Wire brief sits within Fusion42's coverage of Clean Energy and Energy Storage, and 2 sources have reported it between 22 Jul 2026 and 24 Jul 2026.
◆ ◆ The Wire takeaway
If you supply anything that goes into a floating nuclear platform—cooling systems, power electronics, containment materials, subsea cabling—you now have a named buyer with a defined schedule and US regulatory approval path. Samsung and S&L need component suppliers yesterday; the standardised design means you're not custom-building anymore.
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2 sources · first reported 22 Jul 2026 · latest 24 Jul 2026
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