Nevada SquareGet the latest news from Nevada

WASHINGTON, DC, October 29, 2026 /24-7PressRelease/ -- ARC Clean Technology (ARC), a leading developer of advanced small modular reactors ("aSMRs"), and Hyundai Engineering Co., Ltd. (HEC), a global engineering, procurement and construction company, today announced the signing of a Memorandum of Understanding (MOU) to explore collaboration on the deployment of the ARC-100, a sodium-cooled advanced nuclear reactor, in the United States and other markets.

Under the MOU, the parties have identified two areas for cooperation. The first is support for the first U.S. deployment of the ARC-100 at Idaho National Laboratory (INL), where ARC signed a Strategic Partnership Projects agreement with Battelle Energy Alliance in May 2026, including formation of the project consortium and participation of the Korean nuclear supply chain. The second is support for completion of the ARC-100 design and for U.S. Nuclear Regulatory Commission licensing under 10 CFR Part 53.

"Electricity demand from AI data centers and industrial users is growing faster than existing supply can meet, and that is true across many of the markets in which we work," said a spokesperson for Hyundai Engineering. "The ARC-100 is among the most advanced of the fourth-generation designs now approaching deployment, and its scale and output are well matched to those applications. We look forward to exploring with ARC where our engineering capability and the Korean supply chain can contribute."

"Hyundai Engineering brings the kind of delivery capability a first-of-a-kind project requires," said James Wolf, Chief Executive Officer of ARC Clean Technology. "The ARC-100 builds on thirty years of prototype operating experience, the design is now in its final phase, and we are in pre-application engagement with the NRC. What we are looking for at this stage are partners with a proven record in delivering complex energy infrastructure. This agreement is a first step in understanding where HEC's capabilities and the Korean supply chain can fit alongside our own."

The agreement comes as demand for firm, dispatchable generation in the United States rises sharply, driven in significant part by the growth of AI data center load. INL is one of four federally managed sites designated by the U.S. Department of Energy for AI data center and energy infrastructure development.

About ARC Clean Technology

ARC Clean Technology Inc. is a U.S. clean energy technology company developing the ARC-100, an advanced small modular reactor offering safe, reliable, and economical carbon-free power. Leveraging proven technology from the 30-year performance of its prototype, the ARC-100's modular design provides 100 megawatts of energy for electricity, industrial applications and the rapidly growing demand for AI data centers. ARC is a U.S. Department of Energy Advanced Reactor Demonstration Program awardee advancing first U.S. deployment at Idaho National Laboratory, with international deployment programs in Canada and Türkiye. ARC is headquartered in Washington, DC. For more information, please see www.arc-cleantech.com

Media Inquiries:

ARC Clean Technology
Sandra Donnelly
[email protected]

About Hyundai Engineering

Hyundai Engineering was established in 1974 as Hyundai Technology Development Co., Ltd., and has grown into a global engineering company that can represent Korea on the world stage. Hyundai Engineering is headquartered in Republic of Korea. For more information, please see www.hec.co.kr/en

Media Inquiries:

Hyundai Engineering Co., Ltd.
Sang Sun Park
[email protected]

Read the original story here: https://www.24-7pressrelease.com/press-release/539990/arc-clean-technology-and-hyundai-engineering-sign-mou-to-collaborate-on-deployment-of-the-arc-100

Press Release Service and Press Release Distribution by 24-7 Press Release Newswire