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TerraPower partners with SK Innovation for SMR development in Korea.

Aug 14, 2026•about 19 hours ago

Contract Type

partnership

BellevueBiotechnologyEnergy

Description

Bill Gates and Korean companies announced a strengthened partnership for TerraPower's small modular reactor (SMR) development. A term sheet was signed between SK Innovation and TerraPower, allowing SK to participate in the SMR projects in both the U.S. and abroad.

Company Information

Company

TerraPower

Location

15800 Northrup Way

Bellevue, Washington, United States

About

TerraPower is a leading nuclear innovation company that strives to improve the world through nuclear energy and science. TerraPower’s innovators create technologies to provide safe, affordable and abundant carbon-free energy. They devise ways to use heat and electricity to drive economic growth while decarbonizing industry. And they develop processes to extract radioisotopes for medical use in lifesaving cancer treatments.

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