▶ Vitaliy Kim, Governor of Ukraine’s Mykolaiv Oblast, visits HD Hyundai GRC ▶ MOU establishes a long-term framework for full-scale reconstruction ▶ Partnership broadens to include equipment supply, training, financing, and energy infrastructure     HD Hyundai is expanding its partnership with Ukraine’s Mykolaiv Oblast, moving beyond equipment support to drive comprehensive, long-term reconstruction efforts across the region. HD Construction Equipment announced on Friday, May 22, that it signed a Memorandum of Understanding (MOU) for the "Ukraine Reconstruction Project" with the Mykolaiv provincial government. The signing took place on May 21 at the HD Hyundai Global R&D Center (GRC) in Pangyo, South Korea. Key attendees included Mykolaiv Governor Vitaliy Kim, HD Hyundai Vice Chairman Cho Young-cheul, and HD Construction Equipment CEO Moon Jae-young. Building significantly upon the 2023 equipment and training partnership, the new MOU scales up cooperation to cover the entire reconstruction process across five key areas: ▲equipment supply, ▲local training centers, ▲maintenance and service support, ▲financing frameworks, and ▲energy infrastructure recovery. HD Construction Equipment has been actively involved in Ukraine’s post-war recovery.  Cooperation gained momentum in 2023 when Vasyl Shkurakov, Ukraine’s First Deputy Minister of Infrastructure, visited the company's Ulsan Campus. Later that year, HD Hyundai donated five pieces of heavy machinery, including excavators and forklifts, to Mykolaiv. These machines are currently being used for emergency repairs and infrastructure restoration. To deepen its local footprint, the company opened a Kyiv branch in 2024 and hosted training programs for officials from Ukraine's Ministry for Development of Communities and Territories. Since then, the partnership has evolved from simply supplying machinery to cultivating local talent and operational frameworks, with ongoing talks to establish dedicated training centers and vocational programs Looking ahead, HD Hyundai plans to launch a group-wide, integrated reconstruction model that combines its expertise in both heavy machinery and energy infrastructure. “We want to build a partnership that goes beyond just supplying machinery to make a real, lasting impact on Ukraine's recovery," said Cho Young-cheul, Vice Chairman of HD Hyundai. "By leveraging our expertise in construction equipment and energy, we will actively support local infrastructure recovery and stabilization." Governor Vitaliy Kim added, "This agreement is a major milestone for the systematic rebuilding of Mykolaiv Oblast. It will be a driving force for restoring our infrastructure, energy sectors, and communities. We are deeply grateful to HD Hyundai and South Korea for their ongoing support and long-term partnership."

▶ Signed Agreement to establish Natrium reactor supply chain for serial production based on a year-long joint study ▶ HD Hyundai selected as a preferred manufacturer to supply Natrium Reactor Enclosure System (RES) components leveraging its world-class fabrication capabilities, industrial production expertise, and extensive experience HD Hyundai has moved one step closer to the commercialization of next-generation nuclear reactors. HD Hyundai announced that its shipbuilding subsidiary, HD Hyundai Heavy Industries, recently signed a Natrium Reactor Supply Framework Agreement (FA) with a nuclear innovation company, TerraPower. The signing ceremony was attended by Kwang-shik Won, Senior Executive Vice President and COO of HD Hyundai Heavy Industries, Chris Levesque, President and CEO of TerraPower, and other key officials. Under the agreement, HD Hyundai Heavy Industries has been selected as a preferred manufacturer for Natrium Reactor Enclosure System (RES) components, leveraging its superior fabrication capabilities, technical expertise, and extensive track record. Building on the successful production of the First-of-a-Kind (FOAK) production, both companies plan to expand their business collaboration to the Nth-of-a-Kind (NOAK) serial manufacturing. This agreement is an extension of the "Strategic Agreement for Manufacturing Supply Chain Expansion for the Commercialization of Natrium Reactors" signed in March of last year. Over the past year, the two companies have conducted a joint study to evaluate the manufacturing feasibility, cost competitiveness, and delivery schedules for the Natrium reactor. The Natrium reactor is a fourth-generation Sodium-Cooled Fast Reactor (SFR) developed by TerraPower, and it is widely regarded as having the highest level of safety and technical maturity among existing nuclear technologies. TerraPower has identified the establishment of a stable RES supply chain as a critical priority for the rapid buildout of Natrium plants. Kwang-shik Won, Senior Executive Vice President and Head of the Offshore & Energy Division at HD Hyundai Heavy Industries, stated, "This Framework Agreement not only strengthens our strategic collaboration with TerraPower but also serves as a critical foundation for our entry into the global nuclear market." He added, "Through our joint research, we will strive to ensure the timely supply of Natrium reactor equipment and establish a serial production base to secure a formidable global competitive edge." Chris Levesque, President and CEO of TerraPower said, “Establishing a Framework Agreement with HD Hyundai ensures that we have the production capacity available to support our commercialization plans and build Natrium plants across the U.S. and around the world,” and added, “HD Hyundai’s manufacturing expertise and commitment to continuous improvement give us confidence in our ability to deliver resilient, reliable and affordable nuclear energy for our customers at scale.” Meanwhile, HD Hyundai also signed a tripartite Memorandum of Understanding (MOU) with TerraPower and Hyundai Engineering & Construction (HDEC) on the same day for cooperation on next-generation nuclear power projects. Through this MOU, HD Hyundai plans to work alongside HDEC to establish a robust foundation for Engineering, Procurement, and Construction (EPC) execution and the supply of major equipment, enabling an aggressive response to the global next-generation nuclear power market, including the U.S. 

▶ Integrating unmanned industrial vehicle technology with platform and service capabilities to deliver an intelligent logistics execution system ▶ Verifying technical feasibility through on-site proofs of concept (PoC) and joint demonstrations this year ▶ “We will accelerate the automation of logistics sites and provide differentiated solutions to our customers”   HD Hyundai XiteSolution and Kakao Mobility are joining forces to penetrate the unmanned logistics market.    The construction equipment intermediate holding company of HD Hyundai announced on Tuesday, the 19th, that it signed a Strategic Cooperation MOU for “Building a Next-Generation Unmanned Logistics and Physical AI Ecosystem” with Kakao Mobility at the HD Hyundai Global R&D Center (GRC) in Pangyo on the 18th.   The signing ceremony was attended by key executives from both companies, including Song Hee-joon, CEO of HD Hyundai XiteSolution; Oh Byung-su, Head of the Industrial Vehicle Division; Ryu Geung-seon, CEO of Kakao Mobility; and Ahn Kyu-jin, Vice President and Head of the Business Division.   Through this partnership, both companies will build an "Intelligent Logistics Execution Platform" to address the rapidly growing demand for automation at logistics sites. The core of this initiative is to create an integrated system where equipment, platforms, and data are seamlessly connected. This will be achieved by combining HD Hyundai XiteSolution's unmanned autonomous industrial vehicles (forklifts) and logistics site control solution expertise with Kakao Mobility's platform capabilities, such as integrated control of heterogeneous mobile systems, task optimization, and transportation management.   This integrated framework aims to resolve structural limitations, such as operational inefficiencies and task delays, which previously occurred due to data disconnects between processes in traditional logistics environments. Consequently, it will implement a fully automated system where the entire logistics process—from unloading transport vehicles to handling docks and stacking items inside warehouses—flows seamlessly. The two partners plan to conduct joint demonstration events and technical proofs of concept (PoC) this year to verify the feasibility and commercial viability of the technology in real-world logistics operations.   According to global market research firm Spherical Insights, the domestic logistics automation market is projected to grow at a high rate of over 15% annually, reaching approximately USD 4.8 billion (around KRW 7.1 trillion) by 2035. “The combination of our industrial vehicle and logistics site solution expertise with Kakao Mobility’s platform and service capabilities has established a foothold to lead the logistics automation and physical AI ecosystem,” said Song Hee-joon, CEO of HD Hyundai XiteSolution. He added, “Based on this cooperation, we will accelerate the automation of logistics sites and provide differentiated solutions to our customers.”  *Heterogeneous systems: Multiple types of mobile robots or vehicles with different manufacturers, operating systems (OS), or communication methods.