{
  "id": 656971,
  "title": "HD Hyundai chairman, Bill Gates to meet Friday to discuss SMR cooperation: sources",
  "url": "https://urgent.news/2026/08/12/hd-hyundai-chairman-bill-gates-to-meet-friday-to-discuss-smr",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-12T11:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260812/hd-hyundai-chairman-bill-gates-to-meet-friday-to-discuss-smr-cooperation-sources"
  },
  "original_language": "en",
  "account": "HD Hyundai Chairman Chung Ki-sun is set to meet with Bill Gates, co-founder and CEO of U.S. nuclear energy company TerraPower, in Seoul later this week to explore potential collaboration in the realm of small modular reactors (SMRs), according to industry insiders. This would be their first encounter since a brief summit during the World Economic Forum in Davos, Switzerland, approximately seven months ago. The meeting is significant as HD Hyundai, South Korea's premier shipbuilding conglomerate, and TerraPower have been strengthening their partnership in the SMR field. HD Korea Shipbuilding & Offshore Engineering, the shipbuilding arm of HD Hyundai, invested $30 million into TerraPower back in 2022. Since then, HD Hyundai has been involved in the fabrication of reactor components for TerraPower's 345-megawatt Natrium sodium-cooled fast reactor project located in Wyoming, United States. In March 2025, Chung and Gates inked a memorandum of understanding (MOU) to work together on the commercialization of the Natrium reactor. They then reconvened five months later to deliberate on strategies to further bolster their nuclear endeavors.",
  "summary": "HD Hyundai Chairman Chung Ki-sun plans to meet with Bill Gates, founder and chairman of U.S. nuclear energy firm TerraPower, in Seoul later this week to discuss ways to deepen cooperation in small modular reactors (SMRs), industry sources said Wednesday. It would mark their first meeting in seven months since they met on the sidelines of the World Economic Forum in Davos, Switzerland. The meeting…",
  "key_points": [
    "HD Hyundai Chairman Chung Ki-sun to meet Bill Gates",
    "Meeting in Seoul to discuss SMR cooperation",
    "First encounter since Davos summit in 2024"
  ],
  "editors_take": "The meeting between HD Hyundai's chairman and Bill Gates signals a deepening partnership between the South Korean conglomerate and TerraPower in the small modular reactor field, building on their existing investment and cooperation agreements.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "HD Hyundai chairman, Bill Gates to meet Friday to discuss SMR cooperation: sources",
        "url": "https://urgent.news/2026/08/12/hd-hyundai-chairman-bill-gates-to-meet-friday-to-discuss-smr-657880",
        "published": "2026-08-12T10:52:01.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "HD Hyundai chairman, Bill Gates to meet Friday to discuss SMR cooperation: sources",
        "url": "https://urgent.news/2026/08/12/hd-hyundai-chairman-bill-gates-to-meet-friday-to-discuss-smr-663422",
        "published": "2026-08-12T12:57:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}