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Hyundai E&C Signs Five-Year Agreement With FANCO to Support US Small Modular Reactor Development

PUBT·11/03/2026 05:09:17
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Hyundai E&C Signs Five-Year Agreement With FANCO to Support US Small Modular Reactor Development
  • Hyundai E&C signed a five-year master service agreement with First American Nuclear on Oct. 30, 2026, to support EAGL-1 reactor development.
  • The agreement covers constructability reviews, design and engineering advice, and construction feedback, positioning the contractor for potential construction work.
  • The deal builds on a July framework agreement and can be extended by mutual consent.
  • FANCO's EAGL-1 uses lead-bismuth coolant, with output of about 240 megawatts per reactor and a modular design allowing clustered deployment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyundai Engineering & Construction Co. Ltd. published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.