Japan and the United States will work together to develop technology related to core equipment and systems of nuclear reactors in a next-generation fast reactor project, according to the outline of a memorandum of understanding.
The memorandum is expected to be signed later this month by U.S. nuclear start-up TerraPower, LLC, the Japan Atomic Energy Agency and Mitsubishi Heavy Industries, Ltd. They also plan to sign a confidentiality agreement on sensitive technologies. After the Japanese side receives design information from the U.S. side, they will sign a formal agreement, perhaps this summer.
