Kim Jong-wan (right), the representative of DS Dansuk, and Shin Ho-cheol, the head of Korea Hydro & Nuclear Power's Central Research Institute, are taking a commemorative photo after signing the MOU for technology development in the SMR field. /Courtesy of DS Dansuk

On the 28th, resource recycling energy corporation DS Dansuk announced that it has signed a memorandum of understanding (MOU) with Korea Hydro & Nuclear Power to develop technologies in the field of small modular reactors (SMR) and micro modular reactors (MMR).

The areas of cooperation include ▲SMR and MMR technology collaboration ▲energy convergence technology and smart net-zero city technology collaboration ▲establishing a mutual cooperation system through the exchange of technical personnel and seminars.

Shin Ho-cheol, president of Korea Hydro & Nuclear Power's central research institute, said, "The MOU with DS Dansuk represents a meaningful collaboration where public institutions' technological capabilities meet private corporations' commercialization capabilities in the field of small modular reactors," adding, "I expect that the integration of differentiated strengths held by both organizations will create synergies for the future development of both companies."

Han Seung-wook, chairman of DS Dansuk, noted, "DS Dansuk aims to become a global resource recycling energy corporation to fulfill its responsibilities for a sustainable environment," and stated, "We will actively engage in technological cooperation and exchanges with the central research institute of KHNP in our journey to establish a net-zero city."

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