SAIHEAT Announces the Signing of Memorandum of Understanding (MoUs) to strengthen its position in the nuclear and Small Modular Reactor (SMR) markets
SAIHEAT (NASDAQ: SAIH, SAITW) has announced the signing of two Memorandum of Understanding (MoUs) for its HEATNUC products. These agreements aim to strengthen the company's position in the nuclear and Small Modular Reactor (SMR) markets, particularly in the Middle East and internationally.
The first MoU, with Kinze Nuclear Innovation, establishes a strategic partnership for providing nuclear technology consulting, training, and digitalization services in China. The second MoU, with Jiangsu Jintonglingguang Nuclear Energy Technology, focuses on joint production of nuclear and SMR equipment to enhance competitiveness and localization rates.
These collaborations are expected to facilitate knowledge exchange, improve technical capabilities, and explore opportunities for global expansion through joint venture export enterprises. SAIHEAT aims to solidify its position as a key player in the global nuclear sector through these strategic partnerships.
SAIHEAT (NASDAQ: SAIH, SAITW) ha annunciato la firma di due Memorandum of Understanding (MoU) per i suoi prodotti HEATNUC. Questi accordi hanno l'obiettivo di rafforzare la posizione dell'azienda nei mercati nucleare e dei reattori modulari piccoli (SMR), in particolare nel Medio Oriente e a livello internazionale.
Il primo MoU, con Kinze Nuclear Innovation, stabilisce una partnership strategica per la fornitura di consulenza tecnologica nucleare, formazione e servizi di digitalizzazione in Cina. Il secondo MoU, con Jiangsu Jintonglingguang Nuclear Energy Technology, si concentra sulla produzione congiunta di attrezzature nucleari e SMR per migliorare la competitività e i tassi di localizzazione.
Queste collaborazioni si prevede che facilitino lo , migliorino le capacità tecniche e esplorino opportunità di espansione globale attraverso imprese di esportazione in joint venture. SAIHEAT punta a consolidare la sua posizione come attore chiave nel settore nucleare globale attraverso queste partnership strategiche.
SAIHEAT (NASDAQ: SAIH, SAITW) ha anunciado la firma de dos Memorandos de Entendimiento (MoUs) para sus productos HEATNUC. Estos acuerdos tienen como objetivo fortalecer la posición de la empresa en los mercados de nuclear y reactores modulares pequeños (SMR), especialmente en Oriente Medio y a nivel internacional.
El primer MoU, con Kinze Nuclear Innovation, establece una asociación estratégica para proporcionar servicios de consultoría en tecnología nuclear, capacitación y digitalización en China. El segundo MoU, con Jiangsu Jintonglingguang Nuclear Energy Technology, se centra en la producción conjunta de equipos nucleares y SMR para mejorar la competitividad y las tasas de localización.
Se espera que estas colaboraciones faciliten el intercambio de conocimientos, mejoren las capacidades técnicas y exploren oportunidades para la expansión global a través de empresas de exportación en joint venture. SAIHEAT busca consolidar su posición como un actor clave en el sector nuclear global a través de estas asociaciones estratégicas.
SAIHEAT (NASDAQ: SAIH, SAITW)는 HEATNUC 제품에 대한 두 개의 양해각서(MoU) 체결을 발표했습니다. 이러한 협정은 특히 중동 및 국제 시장에서 원자력 및 소형 모듈 원자로(SMR) 시장에서 회사의 입지를 강화하는 것을 목표로 하고 있습니다.
첫 번째 MoU는 Kinze Nuclear Innovation와 함께 체결되었으며, 중국에서 원자력 기술 컨설팅, 교육 및 디지털화 서비스를 제공하기 위한 전략적 파트너십을 수립합니다. 두 번째 MoU는 Jiangsu Jintonglingguang Nuclear Energy Technology와 함께 제정되어 원자력 및 SMR 장비의 공동 생산에 중점을 두어 경쟁력과 현지화 비율을 향상시킵니다.
이러한 협력들은 지식 교류를 촉진하고, 기술 능력을 향상시키며, 조인트 벤처 수출 기업을 통해 글로벌 확장 기회를 탐색하는 데 기여할 것으로 예상됩니다. SAIHEAT는 이러한 전략적 파트너십을 통해 글로벌 원자력 분야의 주요 플레이어로 자리매김하는 것을 목표로 합니다.
SAIHEAT (NASDAQ: SAIH, SAITW) a annoncé la signature de deux Mémorandums d'Entente (MoU) pour ses produits HEATNUC. Ces accords visent à renforcer la position de l'entreprise sur les marchés nucléaire et des petits réacteurs modulaires (SMR), notamment au Moyen-Orient et à l'international.
Le premier MoU, avec Kinze Nuclear Innovation, établit un partenariat stratégique pour fournir des services de conseil en technologie nucléaire, de formation et de numérisation en Chine. Le second MoU, avec Jiangsu Jintonglingguang Nuclear Energy Technology, est axé sur la production conjointe d'équipements nucléaires et de SMR afin d'améliorer la compétitivité et les taux de localisation.
Ces collaborations devraient faciliter l'échange de connaissances, améliorer les capacités techniques et explorer des opportunités d'expansion mondiale à travers des entreprises d'exportation en coentreprise. SAIHEAT vise à consolider sa position en tant qu'acteur clé dans le secteur nucléaire mondial grâce à ces partenariats stratégiques.
SAIHEAT (NASDAQ: SAIH, SAITW) hat die Unterzeichnung von zwei Memorandum of Understanding (MoUs) für seine HEATNUC-Produkte bekannt gegeben. Diese Vereinbarungen zielen darauf ab, die Position des Unternehmens in den nuklearen und kleinen modularen Reaktormärkten (SMR) zu stärken, insbesondere im Nahen Osten und international.
Das erste MoU, mit Kinze Nuclear Innovation, etablieren eine strategische Partnerschaft zur Bereitstellung von nukleartechnologischen Beratung, Schulung und Digitalisierungsdiensten in China. Das zweite MoU, mit Jiangsu Jintonglingguang Nuclear Energy Technology, konzentriert sich auf die gemeinsame Produktion von nuklearen und SMR-Ausrüstungen, um die Wettbewerbsfähigkeit und Lokalisierungsquoten zu erhöhen.
Diese Kooperationen sollen den W Wissensaustausch erleichtern, technische Fähigkeiten verbessern und Möglichkeiten für die globale Expansion durch Joint-Venture-Exportunternehmen erkunden. SAIHEAT strebt an, seine Position als Schlüsselspieler im globalen Nuklearsektor durch diese strategischen Partnerschaften zu festigen.
- Strategic partnerships established to strengthen position in nuclear and SMR markets
- Potential for improved technical capabilities and competitiveness in Middle Eastern and international markets
- Opportunities for joint R&D activities and production of critical systems and components
- Access to Jiangsu Jintong's capabilities in batch manufacturing of nuclear equipment
- Potential for global expansion through joint venture export enterprises
- None.
SINGAPORE, Oct. 10, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), announces the signing of two Memorandum of Understanding (“MoUs”) concerning HEATNUC products. These MoUs aim to promote cooperation in the Middle Eastern and international small modular reactor sectors while also gaining broader corporate management experience. The MoUs are intended to enhance SAIHEAT's competitiveness in the Middle Eastern and global markets, further advancing its regional localization strategy as they jointly expand cooperative markets.
The MoU entered into with Kinze Nuclear Innovation (Beijing) International Energy Technology Services Co., Ltd., signifies the establishment of a strategic partnership focused on providing nuclear technology consulting and training, system, software, and hardware V&V, as well as digitalization services for the nuclear and oil & gas industries in China. The objective is to enhance technical capabilities within the Chinese nuclear industry and create greater value as a strategic goal. The collaboration also includes joint R&D activities and the provision of critical systems and components.
The other MoU, inked with Jiangsu Jintonglingguang Nuclear Energy Technology Co., Ltd., outlines plan for joint production of nuclear equipment, SMR equipment and spare parts, aiming to enhance competitiveness and localization rates. This MoU aims to leverage complementary advantages in nuclear power and SMR projects to improve competitiveness in the Middle East and international markets, as well as increase localization rates. Jiangsu Jintong has the capability for batch manufacturing of main equipment for nuclear islands and conventional island turbine generator units, covering all domestic technical routes including Generation II+, imported Generation III (EPR, AP1000), indigenous Generation III (Hualong One, Guohe One), Generation IV nuclear power (sodium-cooled fast reactor, high-temperature gas-cooled reactor), and modular small reactors for offshore floating platforms. This collaboration facilitates the exchange of management experience and broader corporate management practices for both parties.
These MoUs emphasize collaborative development and mutual benefit by sharing expertise in project management, marketing, and business practices within the nuclear power and small modular reactor industries. Additionally, the Company and its partners plan to explore opportunities to expand their global presence by establishing joint venture export enterprises.
The Company's initiatives support HEATNUC's strategic goals to solidify its position as a key player in the global nuclear sector. By leveraging partnerships, the Company aims to provide innovative solutions and uphold the highest standards of quality and safety. This approach ensures that HEATNUC remains at the forefront of industry advancements and reinforces its leadership in the market.
About HEATNUC
HEATNUC is a Small Modular Reactor Division of SAIHEAT, dedicated to developing 3rd generation PWR and 4th generation SFR and HTGR. HEATNUC also promotes utilizing the high-temperature electrolytic refining fuel cycle to extend the usage life of uranium ore to tens of thousands of years, while actively assisting in the development of global uranium raw material resources.
About SAIHEAT
SAIHEAT Limited is a Nasdaq-listed (SAIH) company headquartered in Singapore. SAIHEAT develops technologies for the Advanced Computing Center Ecosystem (ACCE), a next-gen computing center featuring high-performance servers, advanced liquid cooling, and systems for capturing and recycling computing heat. Our innovations aim to reduce the carbon footprint of Bitcoin mining and AI operations.
Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit https://www.saiheat.com
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