DS Dansuk rose during intraday trading on the 12th. The gain came after news that it signed a memorandum of understanding (MOU) with Nano Nuclear Energy (NNE), which is listed on the Nasdaq in the United States, for the domestic introduction of micro-modular reactors (MMR) and strategic collaboration.
As of 9:42 a.m. on the day, DS Dansuk was trading at 19,520 won on the Korea Exchange, up 2,320 won (13.49%) from the previous trading day.
Through this agreement, DS Dansuk will establish a mutual cooperation system with NNE for MMR technology development and commercialization and seek opportunities to commercialize the business in the market. Compared with large reactors, MMRs are easier to install and have higher stability, drawing attention as a future energy source.
Han Seung-uk, chair of DS Dansuk, said, "This agreement with Nano Nuclear Energy (NNE), which is unrivaled in next-generation reactor technology, will be an important turning point in implementing carbon-neutral solutions."