Politics Home Article | NTS receives first order of revolutionary HALEU package

Pegasus – NTS’s revolutionary transport package designed to safely move the next generation of nuclear fuel – has received significant interest, reflecting the global demand for advanced fuel logistics.

The LOI comes as NTS’s co-CEOs join government and industry leaders in South Korea as they promote NTS’s world-leading capabilities while strengthening collaboration across the emerging HALEU supply chain with government, utility, and industry representatives. It also signals the success of the Heads of Terms signing which took place in Washington DC in January, where NTS signed a landmark strategic agreement with Westinghouse.

Ben Whittard, NTS co-CEO, said: “HALEU development is progressing quickly, and international co-operation will be essential to ensure fuel, logistics, and capability scale together. This Letter of Intent demonstrates real confidence in Pegasus.”

Ciara Middlehurst, NTS co-CEO, added:“As advanced reactors move toward commercial deployment, secure and reliable transport becomes a critical enabler of the wider market. The emerging HALEU ecosystem depends on strong links between governments, industry, and operators across multiple regions.”

The Pegasus package is designed to support shipments, early fuel forms, and eventual commercial-scale movements for a wide range of HALEU fuel types. With international programmes accelerating, long-term alignment between deconversion, fabrication, and transport will be vital.

Experience gained through NTS’s established operations in Japan continues to inform regulatory planning and operational frameworks across East Asia, where cross-border fuel-cycle activity is expected to increase throughout the 2030s and 2040s.