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Ultra Safe Nuclear Corporation (USNC) of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering (HEC) and the Korea Atomic Energy Research Institute (KAERI). The five-year agreement outlines goals for development of technologies that enhance the ability of the USNC Micro Modular Reactor (MMR) to produce and deliver carbon-free power, heat and hydrogen.

Date: Thursday, 30 July 2020
Original article: world-nuclear-news.org/Articles/USNC-enlists-Korean-expertise-to-develop-MMR-syste

A joint venture has been formed between Ultra Safe Nuclear Corporation (USNC) and Ontario Power Generation (OPG) to build, own and operate the proposed Micro Modular Reactor (MMR) project at the Chalk River Laboratories site. The joint venture – the Global First Power Limited Partnership – is owned equally by OPG and USNC-Power, the Canadian subsidiary of USNC.

Date: Thursday, 11 June 2020
Original article: world-nuclear-news.org/Articles/Joint-venture-established-for-Chalk-River-MMR-proj

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