Latest First American Nuclear Co. News & Updates

See the latest news and media coverage for FANCO. We track all announcements, press releases, and industry mentions in real time, all in one place.

First American Nuclear Co. (FANCO)

Advanced nuclear energy company developing reactors and deployment solutions

fanuclear.com

Headquarters: Carmel, United States
Company type: Private company
Number of employees: 53–200
Industry: Independent Power Producers

Last updated October 27

Latest news about First American Nuclear Co. (FANCO)

In short: FANCO advanced EAGL-1 regulatory pathway and formed deployment partnerships for U.S. and UK projects

Company announcements

October 27 FANCO

FANCO advances regulatory pathway for bridge power deployment

First American Nuclear Co submitted a technical justification to the NRC allowing conventional infrastructure installation ahead of nuclear construction permits.

October 22 FANCO

FANCO introduces practical EAGL-1 reactor design

This modular, factory-oriented advanced nuclear system targets 240 MWe output with low-pressure lead-bismuth cooling for efficient real-world deployment.

May 13 FANCO

First American Nuclear announces $250M agreement with construction manager

AtkinsRéalis will serve as exclusive EPC provider for FANCO's fast-spectrum SMR.

November 4, 2025 FANCO

First American Nuclear and Indiana announce closed-fuel cycle energy park

The park reprocesses spent fuel onsite, eliminating 97% of long-lasting nuclear waste. It features EAGL-1 SMRs and creates 5,000 jobs.

Media coverage

July 14 Herald Corporation

Hyundai E&C partners with US firm FANCO to expand next-generation nuclear reactor lineup

Hyundai E&C signed a framework agreement with First American Nuclear Co. (FANCO), a US next-generation small modular reactor ...

May 13 Indianapolis Business Journal

Indiana nuclear startup announces $250M agreement with construction manager

Under the agreement, Canada-based AtkinsRéalis will serve as the exclusive engineering, procurement and construction management provider for First American Nuclear Co.

April 28 Yahoo

High-paying jobs coming to Port Allen with nuclear facility project

Turner Industries announced plans to open two new nuclear fabrication facilities in Port Allen and New Iberia, which will create 1,000 direct jobs and 1,300...

April 21 MarketWatch

Denham Sustainable Infrastructure Executes Strategic Partnership Agreement with First American Nuclear to Accelerate Power Solutions for AI and Hyperscale Data Centers

The MarketWatch News Department was not involved in the creation of this content. JERSEY CITY, N.J., April 21, 2026 /PRNewswire/ -- Denham Capital's infrastructure business...

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