PRNewsWire
20 May 2026, 23:30 UTC · 21h ago
Source · https://www.prnewswire.com/news-releases/hd-hyundai-and-terrapower-sign-natrium-reactor-supply-framework-agreement-302777383.html
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HD Hyundai Heavy Industries has signed a Framework Agreement with TerraPower to be a preferred manufacturer for Natrium Reactor Enclosure System components. — Securing a preferred supplier role for a next-generation nuclear reactor provides a direct path to scalable revenue and market entry in the global nuclear energy sector.
+0.60HD Hyundai, TerraPower, and Hyundai Engineering & Construction (HDEC) signed a tripartite MOU to cooperate on EPC execution and equipment supply for next-generation nuclear projects. — The creation of an integrated EPC and supply chain partnership increases the feasibility and speed of commercial deployment for Natrium plants.
+0.40The partnership intends to move from First-of-a-Kind (FOAK) production to Nth-of-a-Kind (NOAK) serial manufacturing. — Transitioning to serial manufacturing indicates a shift from experimental phase to commercial scaling, which reduces cost and risk for the technology's rollout.
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HD Hyundai is expanding into the global nuclear market through a strategic supply agreement and MOU for next-generation reactors.
Hyundai Engineering & Construction is collaborating on EPC execution for next-generation nuclear power projects.
[b_to_a] HD Hyundai Heavy Industries is a shipbuilding subsidiary of HD Hyundai.
[mutual] HD Hyundai and Hyundai Engineering & Construction signed an MOU to cooperate on EPC execution and equipment supply for nuclear projects.
