HD Hyundai Heavy Industries and 11 Other Shipbuilding and Nuclear Organizations Launch SMR Marine Technology Demonstration Center

Pooling Industry, Academia, and Research Capabilities in Shipbuilding and Nuclear Sectors
Joint Development of Core Technologies and Discovery of National R&D Initiatives

HD Hyundai Heavy Industries is partnering with domestic shipbuilding, nuclear power industries, and academia to advance the demonstration and industrialization of marine small modular reactor (SMR) technology.

HD Hyundai Heavy Industries and 12 other organizations signed a memorandum of understanding on the 6th at Ulsan National Institute of Science and Technology to launch the "SMR Marine Technology Demonstration Center." HD Hyundai Heavy Industries

On the 6th, twelve organizations—including leading domestic companies and universities in the shipbuilding and nuclear power sectors, such as HD Hyundai Heavy Industries—signed a memorandum of understanding at Ulsan National Institute of Science and Technology (UNIST) to launch the 'SMR Marine Technology Demonstration Center,' it was announced on the 7th.

The agreement was signed by twelve organizations: HD Hyundai Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, KEPCO Engineering & Construction Company, Hyundai Engineering & Construction, Korean Register, Hyundai Heavy Industries Turbomachinery, Clad Korea Co., Ltd., Ulsan Technopark, Ulsan National Institute of Science and Technology (UNIST), Seoul National University, Korea Advanced Institute of Science and Technology (KAIST), and Hanyang University.

The SMR Marine Technology Demonstration Center will serve as a platform for the participating organizations to jointly promote the development, testing, verification, and demonstration of marine SMR technology by leveraging their combined technologies, expertise, and research facilities. Based on this foundation, the center also aims to establish the groundwork for the future industrialization of marine SMRs.

The partners plan to jointly utilize each organization's testing equipment and research infrastructure to minimize redundant investments and improve the efficiency of technology verification. They will also collaborate on the development of essential technologies required for marine SMR applications by linking the technological needs of industry with the research capabilities of academia.

In addition, the entities will work together to discover and plan large national projects and government R&D initiatives. The intention is to build a cohesive collaborative framework spanning from technology development to demonstration and subsequent commercialization by integrating the design and construction expertise of the domestic shipbuilding industry, nuclear technology, and university research capabilities.

Kwangsik Won, Vice President and Head of the Offshore Energy Business Division at HD Hyundai Heavy Industries, stated, "The SMR Marine Technology Demonstration Center will become a key hub for effectively connecting technologies and research infrastructure in the country’s shipbuilding and nuclear sectors," and added, "Together with the participating organizations, we will gradually establish the foundation for the demonstration and industrialization of marine nuclear technology."

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