NANO Nuclear Energy Inc. announced the signing of a Memorandum of Understanding (MOU) with DS Dansuk Co., Ltd., a publicly listed company on the Seoul Stock Exchange and a leading South Korean industrial enterprise, to operate on the development, localization, and deployment of Micro Modular Reactor (MMR) systems in South Korea. This MOU establishes a formal framework for collaboration that positions NANO Nuclear at the center of South Korea's next-generation clean energy transformation, while opening powerful new industrial, regulatory, and institutional networks to advance NANO's microreactor designs, including the KRONOS MMR?? Energy System, a stationary high-temperature gas-cooled reactor (known as an HTGR).
The MOU highlights the growing global commercial interest in NANO Nuclear's reactor designs as the Company advances construction, testing, and regulatory approval efforts to bring its microreactor technologies to market. DS Dansuk is a well-established South Korean company with deep capabilities in energy, chemical processing, advanced manufacturing, and industrial services, and longstanding relationships across South Korea's industrial ecosystem. Under the MOU, DS Dansuk will serve as NANO Nuclear's primary local industrial coordinator, supporting site identification, supply chain localization, regulatory engagement, and institutional partnerships in South Korea.
Crucially, DS Dansuk is expected to provide NANO Nuclear with access to: Potential Korean industrial customers seeking reliable, carbon-free baseload energy. Domestic manufacturing and supply-chain partners capable of supporting reactor localization utilizing NANO Nuclear's modular and replicable designs. Key regulatory and institutional stakeholders and knowledge of the regulatory landscape.
Academic and research institutions supporting workforce development and nuclear innovation. DS Dansuk's network is expected to significantly accelerate NANO Nuclear's ability to move from design to deployment in one of the world's most sophisticated nuclear and industrial markets. The collaboration with DS Dansuk represents a major step forward in NANO Nuclear's international growth strategy.
South Korea is widely regarded as one of the most technically advanced nuclear markets in the world, and success there provides a strong foundation for expansion across Asia, including Japan, Southeast Asia, and other energy-intensive economies seeking reliable, low-carbon power.
