# U.S. and Finland Sign Technology and Minerals MOUs

On October 29, 2026, the United States and Finland signed two memoranda of understanding: a Critical Minerals Framework and a Technology Prosperity Deal. The nonbinding agreements identify cooperation areas including minerals processing, semiconductors, batteries, AI, quantum technology, telecommunications, nuclear energy, space, biotechnology, and Arctic shipbuilding. They do not commit either government to funding or create an immediate solicitation, contract award, or procurement requirement.

- Companies can use the named sectors to assess potential bilateral market and supply-chain priorities and identify relevant capabilities, including trusted telecommunications and AI infrastructure, quantum technology, and critical-minerals processing.
- The agreements identify possible follow-on activity in icebreaker modernization, secure technology exports, and joint research and development; these remain prospective areas rather than funded opportunities.
- Procurement teams should distinguish the framework agreements from actionable procurements. The White House points to later implementing arrangements, project-specific agreements, and solicitations as the steps that could establish concrete opportunities.

**Jurisdictions:** international
**Industries:** Information Technology, Energy & Utilities, Defense & Military
**Topics:** Artificial Intelligence, Digital Infrastructure
**Published:** October 30, 2026

### Government Entities
- U.S. Department of State (State Department)
- Government of the United States
- Government of Finland
- Ministry for Foreign Affairs of Finland

### Key Quotes
> Finland has world-class capabilities in quantum, in telecom, in nuclear and in nuclear energy, in space systems, in engineering, in biotech. I mean, you name it, and Finland has world-class capabilities, so it’s an incredibly important partnership for us.
> — Marco Rubio, Secretary of State

### Sources
- [Secretary of State Marco Rubio and Finnish Foreign Minister Elina Valtonen at a Memorandum of Understanding Signing Ceremony on a Critical Minerals Framework and a Technology Prosperity Deal - United States Department of State](https://www.state.gov/releases/office-of-the-spokesman/2026/10/secretary-of-state-marco-rubio-and-finnish-foreign-minister-elina-valtonen-at-a-memorandum-of-understanding-signing-ceremony-on-a-critical-minerals-framework-and-a-technology-prosperity-deal/) - DEPT
- [US signs emerging technology deal with Finland - Nextgov/FCW](https://www.nextgov.com/emerging-tech/2026/10/us-signs-emerging-technology-deal-finland/416927) - Nextgov/FCW
- [Memorandum of Understanding Between The Government of the United States of America and the Government of Finland Regarding the Technology Prosperity Deal – The White House](https://www.whitehouse.gov/releases/2026/10/memorandum-of-understanding-between-the-government-of-the-united-states-of-america-and-the-government-of-finland-regarding-the-technology-prosperity-deal/) - OSTP