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

Bitget2026/11/03 06:19

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Hyundai E&C signed a five-year master service agreement with US-based First American Nuclear (FANCO) on Oct. 30 for its EAGL-1 project.
The partnership covers constructability reviews, design and engineering advice, and construction feedback for FANCO’s next-generation small modular reactor.
The agreement builds on a July framework deal, with an option to extend the five-year term by mutual consent.
EAGL-1 uses lead-bismuth coolant, with each reactor designed to generate about 240 MWe; its modular design allows capacity expansion.
Early design involvement could position the contractor for participation in the project’s construction phase.

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 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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