GE Vernova, Hitachi, and Samsung Partner for SMR Deployment in Europe

Key Facts

1GE Vernova, Hitachi, and Samsung signed an MoU focused on the BWRX-300 small modular reactor (SMR) for the European market.

Amid a strategic shift toward advanced energy solutions, GE Vernova, Hitachi, and Samsung have announced a Memorandum of Understanding (MoU) to develop small modular reactors (SMRs) in Europe. The partnership, which includes SGE, focuses on the deployment of the BWRX-300 reactor model to address regional energy security and production concerns. This collaboration aims to leverage the combined technological expertise of the firms within the nuclear sector.

The move signals positive momentum in the high-growth SMR industry as major players expand their regional footprints. Per market data, GE Vernova (GEV) closed at $951.82 on September 23, 2026, while Hitachi (HTHIY) stood at $35.67 as of the same date. This alliance highlights continued qualitative growth in nuclear technology adoption as a strategic alternative to traditional power generation.

Traders should monitor current price levels, with GEV at $951.82 as of the September 23, 2026 close. Looking at recent catalysts, the European inflation rate reported on September 17 reached 103.69, a factor that may influence financing for large-scale infrastructure projects. Future progress will depend on the transition of this MoU into definitive operational agreements.