Industry Update—August 2026

[Marlin]

Industry Update—August 2026

https://www.ans.org/news/2026-08-06/article-8226/industry-updateaugust-2026/

[Core Content]

August 2026 industry developments include multiple SMR design, manufacturing, and supply chain agreements across the United States, Europe, and Canada. Key activities involve new partnerships for reactor components, regulatory filings for advanced designs, and corporate acquisitions aimed at vertical integration. These moves reflect a broader trend of consolidating supply chains for modular reactor deployment.

These developments highlight the ongoing transition from conceptual design to industrial-scale manufacturing for small modular and advanced reactors. By securing specialized valve suppliers, precision manufacturing capabilities, and international regulatory pathways, companies are positioning themselves to meet projected demand for grid-scale and industrial nuclear power. These partnerships and acquisitions provide the infrastructure necessary to support the commercialization of diverse reactor technologies.

Paragon Energy Solutions, a Mirion Technologies company, has won a contract from NuScale Power to complete the final design development of Paragon's Highly Integrated Protection System (HIPS) for use with the 77-MWe NuScale Power Module, which can be deployed with a single control room supporting as many as 12 modules. Under the contract, Paragon...

South Korean construction management company HanmiGlobal is forming a project development company to enter the small modular reactor market in the United States. HanmiGlobal said the new company will oversee the entire SMR project cycle, including planning, licensing, engineering, procurement, construction, and grid connection. It will also serve as a platform for Korean nuclear engineering firms, equipment suppliers, and construction companies to gain greater access to the U.S. nuclear market...

Read the full article at ans.org:
https://www.ans.org/news/2026-08-06/article-8226/industry-updateaugust-2026/