Korea's Eugene MS Wins KRW 11.4 Billion Order for ITER Core Components
Korea's Eugene MS announced on August 31 that it has signed a contract with the Korea Institute of Fusion Energy (KFE) to produce and supply the second batch of vacuum vessel port sealing flanges for the International Thermonuclear Experimental Reactor (ITER). The contract is valued at approximately KRW 11.4 billion, equivalent to about 44% of Eugene MS's 2025 revenue of KRW 25.9 billion. The contract period runs through December 2030. Under the arrangement, the sealing flanges will be delivered to the ITER Organization in three batches, with final inspection and related procedures scheduled for completion by June 30, 2031. The ITER vacuum vessel port sealing flanges consist of large fasteners and other components...
2026-08-31
