NANO Nuclear Energy, a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, has announced the signing of a Memorandum of Understanding (MOU) with DS Dansuk a publicly listed company on the Seoul Stock Exchange and a leading South Korean industrial enterprise, to cooperate on the development, localisation, 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 centre 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 localisation, regulatory engagement and institutional partnerships in South Korea.
Crucially, DS Dansuk is expected to give NANO Nuclear direct access to Korea’s nuclear and industrial ecosystem. This includes introductions to industrial customers seeking reliable, carbon-free baseload power; domestic manufacturing and supply-chain partners capable of localising reactor production using NANO Nuclear’s modular, repeatable designs; and key regulatory and institutional stakeholders, along with practical insight into Korea’s regulatory environment.
DS Dansuk is also expected to facilitate engagement with leading academic and research institutions that support workforce development and nuclear innovation. Collectively, this network should significantly accelerate NANO Nuclear’s path from design to deployment in one of the world’s most advanced nuclear and industrial markets.
Han Seung-uk, Chair of DS Dansuk, said: “This agreement with Nano Nuclear Energy (NNE), which is unrivaled in next-generation reactor technology, will be an important turning point in implementing carbon-neutral solutions.”
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.
“DS Dansuk is exactly the type of commercial partner NANO Nuclear needs as we expand into Asia,” said Jay Yu, President and Chairman of NANO Nuclear Energy. “They bring industrial credibility, manufacturing depth, regulatory access, and trusted supply chain relationships throughout South Korea. This MOU opens doors that would otherwise take years to unlock, and it positions NANO Nuclear as a serious long-term participant in Asia’s clean energy future.”
The MOU is intentionally structured as a non-exclusive, non-binding framework designed to lead rapidly into project-specific, binding agreements, allowing both parties to move quickly while preserving flexibility. Each company retains ownership of its intellectual property and commercialization rights, while benefiting from close operational coordination.
By combining NANO Nuclear’s advanced microreactor technology and U.S. regulatory experience with DS Dansuk’s industrial reach and domestic leadership in South Korea, the collaboration creates the potential for a scalable model for MMR deployment not only in South Korea, but throughout Asia and beyond. All of this potential is driven by the modular design and component replicability that is at the core of NANO Nuclear’s cutting edge HTGR technology.
