{
  "id": 857782,
  "title": "HD Hyundai, SK join Bill Gates' TerraPower for SMR biz",
  "url": "https://urgent.news/2026/08/14/hd-hyundai-sk-join-bill-gates-terrapower-for-smr-biz",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-14T10:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260814/hd-hyundai-sk-join-bill-gates-terrapower-for-smr-biz"
  },
  "original_language": "en",
  "account": "HD Hyundai and SK are collaborating with Bill Gates and TerraPower to enter the small modular reactor (SMR) market. The two Korean conglomerates met with Gates and TerraPower's CEO, Chris Levesque, in Seoul to discuss strategies for commercializing land-based reactors. This marks the first face-to-face meeting between the leaders since a memorandum of understanding was signed in May. HD Hyundai aims to boost its investment in production facilities, with the ambition of delivering two to three reactor vessels annually. The collaboration encompasses technology, manufacturing, and engineering-procurement-construction.",
  "summary": "Major conglomerates HD Hyundai and SK are spearheading efforts to incorporate Korean industry in TerraPower’s global small modular reactor (SMR) supply chain through talks with Bill Gates, TerraPower’s board chairman, who has been holding meetings with the groups' heads and top government officials in Korea. HD Hyundai said its Chairman Chung Ki-sun and Hyundai E&C CEO Lee Han-woo met Gates and…",
  "key_points": [
    "HD Hyundai and SK team up with Bill Gates and TerraPower for SMR business.",
    "Leaders discuss commercializing land-based reactors in Seoul meeting.",
    "HD Hyundai plans to deliver 2-3 reactor vessels annually."
  ],
  "editors_take": "The partnership with TerraPower enables HD Hyundai and SK to expand into the small modular reactor market, combining their production capabilities with TerraPower's technology.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "HD Hyundai, SK join Bill Gates' TerraPower for SMR biz",
        "url": "https://urgent.news/2026/08/14/hd-hyundai-sk-join-bill-gates-terrapower-for-smr-biz-858669",
        "published": "2026-08-14T10:12:02.000Z"
      }
    ]
  },
  "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."
}