Deals Counterparts

NuScale Power and Framatome expand exclusive fuel manufacturing partnership to include European and U.S. production facilities

Partnership Nuclear announced United States Mar 11, 2026

NuScale Power Corporation and Framatome have expanded their exclusive fuel manufacturing partnership, originally signed in 2015, to include European production facilities and establish U.S. manufacturing operations. Under the expanded agreement, Framatome's European facilities will fabricate fuel assemblies for NuScale's European small modular reactor customers, while its Richland, Washington facility will manufacture fuel for U.S. customers, with the Richland facility expected to produce at least 444 fuel assemblies for NuScale's first U.S. customer as early as 2030. This partnership ensures stable supply chains and meets critical manufacturing milestones for NuScale's global SMR project deployment.

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Deal Analysis

NuScale Power and Framatome are significantly expanding their exclusive fuel manufacturing partnership, a critical step for SMR deployment. Framatome, a major international player known for its innovative nuclear solutions, will now leverage its European facilities for NuScale's SMRs there, while also establishing new U.S. production. This U.S. operation, based in Richland, Washington, is already slated to produce at least 444 fuel assemblies for NuScale's first domestic customer as early as 2030. The move solidifies vital supply chains, ensuring NuScale can meet key manufacturing milestones for its global SMR projects.
  • Exclusive fuel manufacturing partnership, first established in 2015, now significantly expanded.
  • Framatome to establish new U.S. production at its Richland, WA facility.
  • Richland plant slated to produce at least 444 fuel assemblies for NuScale's first U.S. customer.
  • First U.S. fuel assemblies expected as early as 2030.

Timeline

Announced
Mar 11, 2026
Signed
Closed

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