HD Hyundai Heavy Industries Signs Framework Agreement with TerraPower for SMR Main Equipment Supply, Securing Preferred Supplier Status
This disclosure responds to a May 22, 2026 article from Seoul Economic Daily reporting that HD Hyundai will supply SMR main equipment to TerraPower.
HD Hyundai Heavy Industries has signed a Framework Agreement with TerraPower, securing Preferred Supply Rights for commercial SMR Natrium Reactor main equipment.
The agreement is not a final contract but a preferential negotiation stage; individual project contracts will be signed upon meeting conditions.
[AI Summary]HD Hyundai Heavy Industries has established a foothold in the next-generation nuclear market by signing a framework agreement with TerraPower for SMR main equipment supply. The preferred supplier status creates mid-to-long-term revenue growth expectations, but the short-term stock impact is limited as no definitive contract exists. No capital changes or dividends are involved, and the move is positive for securing new growth drivers.