Fuel recycling, fuel manufacturing, and advanced nuclear reactor leaders join forces to evaluate next-generation nuclear fuel cycle solutions

Curio®, a leader in advanced nuclear recycling technologies, today announced the signing of a Memorandum of Understanding (MOU) with NuScale Power Corporation (NYSE:SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, and Framatome Inc. to evaluate an integrated nuclear fuel solution designed to strengthen America's nuclear fuel supply chain, support international nuclear energy markets, and advance the deployment of next-generation nuclear technologies.

Under the agreement, the three companies will evaluate source-to-product and source-to-fuel pathways for materials recoverable through Curio's proprietary NuCycle® technology, while identifying opportunities for future engineering coordination, fuel development, qualification, fabrication, and commercialization. The collaboration will also seek to facilitate connections across the nuclear supply chain to more seamlessly bring next-generation fuel and product streams to market.