RX Inc.

South Korea
Active
Light-water SMR for heat supply (RX-50) under a fabless design-and-IP model, developed with the Korea Atomic Energy Research Institute (KAERI)

Company overview

Founded
2023
Total funding
KRW 23.9 billion cumulative (KRW 10 billion early-stage round, October 2026)
Technology
Light-water SMR for heat supply (RX-50) under a fabless design-and-IP model, developed with the Korea Atomic Energy Research Institute (KAERI)

About

RX is a Korean nuclear engineering startup founded in 2023 by KAERI engineers. It is developing RX-50, a light-water small modular reactor for heat supply that aims to replace fossil-fuel heat sources with carbon-free thermal energy, in a consortium with KAERI, and has completed its conceptual design through the Ministry of SMEs and Startups' Deep Tech Challenge Project. It follows a fabless model that creates value through reactor design and intellectual property, and offers SMR design, analysis, testing and licensing services including NSSS and core component design, plus a nuclear-specialised AI tool for drafting licensing documents. RX was selected as a KAERI Core Company in January 2026 and received a Minister's Award for Outstanding Deep Tech Startup in January 2026.

Key investors

Korea Development Bank; Smilegate Investment; Kiwoom Investment; Company K Partners

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