Hyundai Engineering targets global SMR market with US partnerships

Hyundai Engineering has signed partnerships with two US companies to enter the global small modular reactor market. This move is significant as it allows the Korean engineering company to explore cooperation on next-generation reactor designs with US technology developers. The growing demand for reliable, low-carbon electricity, driven by industries like artificial intelligence and data centers, makes this partnership a strategic step for Hyundai Engineering.

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Hyundai Engineering is expanding its presence in the global SMR market through US partnerships. This could lead to increased investment and growth in the SMR sector.

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