Consortium for CMSR-based floating nuclear plants debuts

April 27, 2023, 9:30AMUpdated April 27, 2023, 9:30AMNuclear News
At table, from left: Navid Samandari, chief executive officer of Seaborg Technologies; Jooho Whang, CEO of KHNP; and Jintaek Jeong, CEO of Samsung Heavy Industries. (Photo: Seaborg Technologies)

Denmark-based Seaborg Technologies, developer of the compact molten salt reactor (CMSR), has teamed with two South Korean firms—shipbuilder Samsung Heavy Industries (SHI) and nuclear plant owner and operator Korea Hydro & Nuclear Power (KHNP)—to form a consortium for the development of floating nuclear plants featuring the CMSR. The consortium agreement was signed in Seoul on April 20.

To continue reading, log in or create a free account!

Related Articles

Saskatchewan expands its nuclear plans

January 30, 2026, 12:21PMNuclear News

This week, the government of Saskatchewan, alongside electric utility SaskPower, announced plans to formally evaluate the deployment of large nuclear technologies. This process will take place...