U.S. advanced reactor company TerraPower and South Korea’s SK Innovation have signed a preliminary agreement to work together on global SMR projects, EnergyNow reported on Aug. 17, 2026.
The announcement described the arrangement as preliminary; the companies did not provide further details in the report. The deal links a U.S. developer with a major South Korean energy and technology firm as both countries pursue next‑generation nuclear technologies.
Industry watchers have been tracking partnerships that pair U.S. reactor developers with international manufacturing and supply partners. According to the EnergyNow item, TerraPower and SK Innovation’s preliminary deal adds another cross‑border collaboration aimed at advancing SMR opportunities worldwide.
EnergyNow carried the report on Aug. 17, 2026.