Hyundai E&C, FANCO to collaborate on SMR project

Hyundai E&C and First American Nuclear Company have signed a framework agreement to collaborate on EAGL-1, a lead-bismuth cooled fast-spectrum SMR capable of operating on mixed-oxide fuel from existing US Department of Energy stockpiles. Hyundai will support early design stages and balance-of-plant engineering, with plans to become an EPC partner as the project advances towards commercialisation. If you supply reactor components, cooling systems, or fuel handling equipment, you now have a proven design advancing through US NRC approval with a major EPC partner backing it. Hyundai's entry signals that SMR manufacturing is moving from concept to supply-chain building — your customer is about to need you at scale.