The United States and Sweden signed a Technology Prosperity Deal to deepen cooperation across artificial intelligence, advanced manufacturing, biomedical research, energy, space, quantum computing, and defense innovation.
The memorandum of understanding builds on the 2006 Agreement on Science and Technology Cooperation, aiming to advance next‑generation AI, promote trusted technology stacks, and coordinate international telecommunications standards through engagement with the International Telecommunication Union and the 2027 World Radiocommunication Conference.
The deal includes collaboration on civil nuclear energy, small modular reactors, fusion technologies, and critical minerals for energy systems, with plans to expand nuclear lifecycle innovation via scientific exchanges on repository engineering and geologic modeling.
A dialogue on defense technology cooperation and regulatory matters affecting technology transfer will be established, featuring intellectual property safeguards, investment screening, and talent integrity measures for entities of shared security concerns.
The agreement becomes operative on the date of the last signature and may be discontinued by either party with 180 days written notice; implementation will proceed through a Joint Committee Meeting mechanism to be defined by mutual agreement.
