NANO Nuclear Energy Partners with DS Dansuk to Deploy Microreactors in South Korea

NANO Nuclear Energy, a NASDAQ-listed company, and DS Dansuk, an industrial enterprise listed on the Seoul Stock Exchange, announced the signing of a Memorandum of Understanding (MOU) for the development, localization, and deployment of Micro Modular Reactor (MMR) systems in South Korea. This partnership aims to position NANO Nuclear’s microreactor technologies within the South Korean nuclear market. The MOU establishes a non-exclusive and non-binding collaboration framework between both parties.

DS Dansuk as Local Industrial Coordinator

DS Dansuk, specialized in energy, chemical processing, advanced manufacturing, and industrial services, will serve as the primary industrial coordinator for NANO Nuclear in South Korea. Under the terms of the agreement, the South Korean company is expected to facilitate site identification, supply chain localization, and regulatory engagement. DS Dansuk could also provide access to Korean industrial customers, domestic manufacturing partners, and academic and research institutions.

Han Seung-uk, Chair of DS Dansuk, states that this agreement would represent a turning point in implementing carbon-neutral solutions. The American company is developing the KRONOS MMR system, a High-Temperature Gas-cooled Reactor (HTGR). This modular technology would be adapted for South Korean industrial applications.

The “One Factory, One MMR” Strategy

The memorandum of understanding aligns with South Korea’s emerging “One Factory, One MMR” strategy, which aims to install nuclear microreactors directly at industrial sites. This approach would provide decarbonized energy without burdening the national grid. Both partners plan to develop certification pathways aligned with South Korean nuclear standards and identify pilot sites at factories and industrial campuses.

Jay Yu, President and Chairman of NANO Nuclear Energy, emphasizes that DS Dansuk brings industrial credibility, manufacturing depth, and regulatory access to the South Korean market. According to him, this partnership would open opportunities that would otherwise take years to materialize. The MOU also provides for establishing workforce training pipelines and commercialization strategies tailored to the Asian market.

A Gateway to Asia

This collaboration represents a step in NANO Nuclear’s international expansion strategy. South Korea is considered one of the most technically advanced nuclear markets in the world. According to the American company, success in this market would provide a strong foundation for expansion across Asia, including Japan and Southeast Asia.

The MOU is structured to lead rapidly into project-specific binding agreements. Each company retains ownership of its intellectual property and commercialization rights. The agreement remains a non-binding statement of intention, with parties to explore definitive agreements as circumstances warrant.