Skip to content

Topic

Small Modular Reactors

Compact nuclear fission reactors, usually under a few hundred megawatts, using standardized, factory-built components for faster, more flexible construction.

Current stories

productOne report1 publisher

Terrestrial Energy asks the NRC to treat its reactor's turbine hall as ordinary construction

Terrestrial Energy asked the NRC to put only its reactor module on the full licensing track and let the turbine wing follow commercial schedules. Approval would let turbine halls run before the reactor is licensed, including at a reported 390 MWe plant at Aberdeen Proving Ground.

Reality

Evidence35
Adoption10
Hype gap+40
Incentives70
Confidence40
investConfirmed2 publishers

HD Hyundai reshuffle advances shipbuilding, safety and new growth bets, including 830 billion won engine plant expansion

HD Hyundai gave Lee Sang-kyun its shipyards and its data-center and reactor plans, but put its 830 billion won engine expansion under Han Joo-seok. The only new venture with a budget so far extends the engine business the group already runs.

Reality

Evidence70
Adoption
Not scored
Hype gap+15
Incentives35
Confidence70
investOne report1 publisher

Korea's SMR review standards trail the first permit filings by four years

Korea's nuclear regulator targets 2032 for SMR review standards, four years after developers such as TerraPower begin seeking construction permits. For SK Innovation's consortium, the delay comes from Seoul's rulebook and staffing, since TerraPower already holds a US construction permit.

Reality

Evidence55
Adoption10
Hype gap+10
Incentives45
Confidence50
investConfirmed2 publishers

Hyundai Glovis moves its reactor-powered car carrier from design approval into a Korea-US feasibility study

Hyundai Glovis signed an MOU on Sept. 30 with Liberty Global Logistics to test whether small-reactor car carriers are viable on Korea-US routes. The agreement moves the reactor ship from engineering approval into the regulatory and commercial questions that decide whether anyone orders one.

Reality

Evidence55
Adoption8
Hype gap+15
Incentives60
Confidence60
productOne report1 publisher

Holtec files the final part of its NRC permit application for 680 MW of reactors at Palisades

Holtec filed its safety analysis with the NRC, completing the permit application for two SMR-300 reactors totalling 680 MW at Palisades. Reviews of individual design pieces have NRC dates, but the public record shows no date yet for the permit decision that would let construction start.

Reality

Evidence45
Adoption12
Hype gap+20
Incentives
Not scored
Confidence45
investOne report1 publisher

X-energy's halved shares test the exits behind nuclear's record $6 billion funding year

Investors have put more than $6 billion into nuclear fission and fusion startups in 2026, a record by Crunchbase's count. The IPO market those investors would one day sell into has marked most recent nuclear listings far below their peaks.

Reality

Evidence55
Adoption15
Hype gap+30
Incentives35
Confidence55
scienceOne report1 publisher

Water sales carry the hydrogen economics in a 200 MW tri-generation reactor design

A modelling study in Progress in Energy takes electricity, hydrogen and desalinated water off one 200 MW-thermal module, and its hydrogen cost drops about 17 per cent once the freshwater is sold externally. Nothing has been built.

Publishers:physicsworld.com

Reality

Evidence45
Adoption4
Hype gap+22
Incentives55
Confidence40
investOne report1 publisher

Samsung C&T takes the construction scope in a BWRX-300 fleet aimed at 40 European units

The four-way agreement signed in New York splits design, engineering, licensing and construction of a 300-megawatt reactor. The pipeline behind it runs to 40 units, against one under construction in Canada.

Publishers:en.sedaily.com

Reality

Evidence48
Adoption27
Hype gap+30
Incentives70
Confidence56
investOne report1 publisher

HD Hyundai Heavy builds 3 gigawatts of engine capacity in Ulsan for AI data centers

The Ulsan memorandum splits more than 1 trillion won between a HiMSEN power engine plant sized at 3 gigawatts and a line for small modular reactor components. The city's contribution is faster permits.

Publishers:en.sedaily.com

Reality

Evidence38
Adoption12
Hype gap+32
Incentives72
Confidence45
investOne report1 publisher

Samsung C&T pays $70 million for first call on Kairos Power's US reactor construction

The Korean builder's engineering arm signs in New York on Sept. 23, taking a design review role on the Hermes demonstration reactor in Tennessee and priority rights to the commercial work that follows.

Publishers:en.sedaily.com

Reality

Evidence40
Adoption22
Hype gap+30
Incentives72
Confidence45
investOne report1 publisher

Takaichi answers a 3.5%-of-GDP defence ask with Japan's $550bn investment list

Japan pledged the $550 billion in response to American tariff measures. Six months on it is what Takaichi brings to a summit whose agenda also includes the cost of US bases, with four of the five decided projects in oil and power.

Publishers:en.sedaily.com

Reality

Evidence42
Adoption26
Hype gap+32
Incentives74
Confidence45
productOne report1 publisher

DOE hands Natura the same FLiBe salt formulation that cooled the 1960s MSRE experiment

Natura Resources says it now holds the coolant for its MSR-1 demonstration reactor, shipped from Oak Ridge through Idaho National Laboratory to the Abilene Christian University site on September 18. It won the material in a DOE competition.

Reality

Evidence34
Adoption22
Hype gap+33
Incentives72
Confidence44
productOne report1 publisher

ORNL builds its duct radiation monitor around a crystal that costs a dollar or two

Oak Ridge's detector straps onto a ventilation duct and samples once a minute on battery, or once a second when it is wired over Power over Ethernet. The crystal that makes it cheap costs a dollar or two.

Reality

Evidence34
Adoption11
Hype gap+36
Incentives62
Confidence41
productOne report1 publisher

X-energy enters a three-year UK design review for its 80 MWe gas-cooled reactor

Centrica and X-energy have the Xe-100 in the UK Generic Design Assessment, a three-regulator review running about three years. Planners get an 80 MWe unit, plant sizes of 320 to 960 MW, and a schedule that stops short of site licensing.

Reality

Evidence42
Adoption24
Hype gap+40
Incentives68
Confidence45
productOne report1 publisher

TerraPower's edge for data centres is a vat of hot metal, not the reactor

The company plans to announce its first data centre plant this year, with ground broken in 2027. The design point is that heat storage decouples reactor output from plant output.

Publishers:techcrunch.com

Reality

Evidence42
Adoption22
Hype gap+34
Incentives66
Confidence41
productOne report1 publisher

Gas carries 80 percent of ONE Nuclear's 5 GW Louisiana plan for data centers

ONE Nuclear has site control at all three Louisiana sites and a binding letter of intent at the largest of them. It has not yet named a reactor technology for the nuclear campus, or an in-service date for any of the three.

Reality

Evidence26
Adoption8
Hype gap+46
Incentives78
Confidence54
scienceOne report1 publisher

Deep Fission bets a mile of Kansas bedrock can replace a containment dome

A Department of Energy design approval and two boreholes outside Parsons, Kansas, begin the test, but the cost line this design is meant to delete has never been quantified in public, and the demonstration is targeted for 2027.

Publishers:newscientist.com

Reality

Evidence58
Adoption18
Hype gap+28
Incentives62
Confidence55
leadershipOne report1 publisher

MARAD enlists Long Beach and Corpus Christi to study reactors on the waterfront

Washington is now treating quayside power as supply-chain policy. The scope it has put in front of two ports reaches beyond megawatts, into insurance, port acceptance and mariner training.

Publishers:forbes.com

Reality

Evidence55
Adoption15
Hype gap+38
Incentives72
Confidence45

Earlier coverage

  1. A $10M pre-seed puts California's first new reactor plan on a barge at Long Beach

    Invest · August 29, 2026 · Confirmed2 publishers