Connect with us

Technology

Hyosung Chairman Cho Hyun-Joon targets U.S. AI power market with 22.9kV SST

Published

2 months ago

on

World’s first 22.9kV Solid State Transformer (SST) developed, securing a competitive edge with next-generation technology.Completed local production bases for transformers and breakers in the U.S., cementing its position in the American power equipment market.

SEOUL, South Korea, Sept. 7, 2026 /PRNewswire/ — With the advent of the artificial intelligence (AI) era, optimizing power supply networks has emerged as a critical global challenge. In the United States, the surge in power demand driven by the proliferation of AI and data centers, coupled with the need to replace aging grid infrastructure, is driving large-scale investment in power infrastructure.

Anticipating these transformative shifts in the power market, Hyosung Chairman Hyun-Joon Cho has spearheaded proactive investments to meet the demands of the AI and data center era. These investments are now supporting Hyosung Heavy Industries’ efforts to strengthen its position in the U.S. AI and data center power market.

“Driven by the expansion of AI and data centers, power infrastructure has now become a core industry directly linked to national security,” stated Chairman Cho. “Building on Hyosung Heavy Industries’ U.S. manufacturing facilities and technological prowess, we must establish ourselves as an irreplaceable, essential long-term partner in stabilizing the American power grid.”

Hyosung Heavy Industries plans to accelerate its push into the U.S. AI data center power market by combining next-generation grid technologies with its U.S. manufacturing base and established strengths in power equipment, including ultra-high-voltage transformers and circuit breakers.

Pioneering Next-Generation 22.9kV SST Technology

Hyosung Heavy Industries identified the Solid State Transformer (SST) as an indispensable technology for power transmission and distribution in the AI era, initiating preemptive research and development. In 2022, the company successfully developed the world’s first 22.9kV 1.05MVA-class SST capable of direct connection to urban distribution networks. This milestone secured a competitive advantage in next-generation power conversion technology, strengthening the company’s position as it moves to capture emerging market opportunities.

SST is a next-generation power system that utilizes power semiconductors to precisely control voltage and current while maintaining the insulation functions of conventional transformers. It is considered a field with high technological barriers to entry, demanding sophisticated power control capabilities. According to global market research firms, the global SST market is projected to grow at an average annual rate of more than 40%, supported by the modernization of power infrastructure. The large-capacity SST market for data centers handling high voltages of 22.9kV and above is in its nascent stages, with only a limited number of companies worldwide pursuing commercialization and demonstration projects. With the market still in its early stages, Hyosung Heavy Industries plans to accelerate its efforts to secure an early-mover position based on its advanced technology.

Expanding U.S. Manufacturing and Strategic Partnerships

Hyosung Heavy Industries is continuously expanding its ultra-high-voltage transformer production base. The company has invested a total of USD 300 million in the acquisition and expansion of its ultra-high-voltage transformer manufacturing facility in Memphis, Tennessee. Once the ongoing expansion is completed, the company will secure one of the largest ultra-high-voltage transformer production capacities in the United States.

Furthermore, Hyosung Heavy Industries has established a joint venture with Quanta Services, a leading North American energy infrastructure solutions company, to locally produce 72.5kV to 800kV ultra-high-voltage circuit breakers in Pennsylvania. Through this strategic move, Hyosung becomes the first Korean power equipment manufacturer to secure local production capabilities for both ultra-high-voltage transformers and circuit breakers in the U.S. market.

Quanta has an extensive business presence and customer network across the United States, providing infrastructure solutions for large-scale power demand facilities.

By leveraging Quanta’s industry-leading infrastructure solutions and Hyosung’s world-class technological expertise, the company aims to strengthen its competitive edge. Hyosung Heavy Industries aims to establish itself as a key player in the data center power infrastructure market by integrating its accumulated technological prowess, its robust U.S. local production base, and next-generation power grid technologies such as SST, Energy Storage Systems (ESS), STATCOM, and High Voltage Direct Current (HVDC) systems.

Website: https://www.hyosung.com/en/

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyosung-chairman-cho-hyun-joon-targets-us-ai-power-market-with-22-9kv-sst-302871204.html

SOURCE HYOSUNG CORPORATION; Hyosung Heavy Industries

Related Topics:
Continue Reading

Technology

NatGold Digital Announces Immediate Delisting of NATG from MEXC Following U.S. Treasury Action

Published

2 minutes ago

on

November 7, 2026

By

CORAL GABLES, Fla., Nov. 7, 2026 /PRNewswire/ — NatGold Digital Ltd. (“NatGold” or the “Company”) today announced that it has requested the delisting of the NatGold Token (NATG) from MEXC, a global cryptocurrency exchange where NATG is currently listed, with immediate effect.

The decision follows the U.S. Department of the Treasury’s announcement of an order issued by its Financial Crimes Enforcement Network (FinCEN) under the Combating Russian Money Laundering Act, prohibiting U.S. financial institutions from processing funds transfers involving MEXC Global.

NatGold is a U.S. company whose wholly owned subsidiary, NatGold Integrity Vault LLC, is registered with FinCEN as a money services business. The Company is acting ahead of the order’s effective date.

“As a U.S. company operating through a FinCEN-registered money services business, we are acting immediately in response to Treasury’s decision,” said Mark Radke, Executive Chairman of NatGold Digital. “Trust is a cornerstone of NatGold’s operating structure, and responding promptly to this regulatory action reflects that commitment.”

NatGold is in advanced discussions with multiple regulatory-compliant exchanges and venues  serving global markets, including the United States, and intends to replace MEXC as soon as possible. Once new listings are confirmed, NATG token holders will be advised of the arrangements and encouraged to register accounts and link their wallets, as applicable, to continue trading.

About NatGold Digital Ltd.

NatGold Digital Ltd. is the global leader in digital gold mining and the architect and operator of a patent-pending, non-extractive platform designed to unlock the intrinsic value of technically verified in-ground gold resources that remain securely stored in Mother Nature’s Vault. NatGold Tokens are structured to represent standardized unit interests in NatGold Certified Resources, disclosed under internationally recognized geological Technical Reports — without physical extraction, processing, or movement of gold. The result is a superior fiat money alternative designed to help lead a global monetary reformation.

For additional background, please visit NatGold.com or our official YouTube channel for videos and information about our digital mining ecosystem: youtube.com/@NatGold_Digital.

Contact

Media@NatGold.com
InvestorServices@NatGold.com
+1 (646) 825-3038

The information in the above release has been prepared by NatGold Digital Ltd. (“NatGold”) using its best efforts to realistically and factually present the information contained herein. However, subjective opinion, reliance on factors outside NatGold’s control, and external information sources unavoidably mean that NatGold cannot warrant the information to be exhaustive, complete, or sufficient. The information provided herein is intended solely for general informational purposes and does not constitute an offer or solicitation for the purchase or sale of any shares or securities of NatGold or for the purchase or sale of any NatGold Tokens. NatGold Tokens are not intended to be “securities” in any jurisdiction, and NatGold makes no claim or representation related to the value of NatGold or NatGold Tokens. Potential investors should seek advice from a qualified financial dealer before investing in NatGold. There are substantial risks associated with investing in development-stage digital assets and technology companies.

View original content to download multimedia:https://www.prnewswire.com/news-releases/natgold-digital-announces-immediate-delisting-of-natg-from-mexc-following-us-treasury-action-302932601.html

SOURCE NatGold Digital Ltd.

Continue Reading

Technology

What to Look for in an Online GLP-1 Provider: Meant Outlines Five Questions Worth Asking Before Signing Up

Published

2 hours ago

on

November 7, 2026

By

MANASSAS, Va., Nov. 7, 2026 /PRNewswire/ — As more telehealth companies offer GLP-1 care, the options can look alike from the outside, and telling them apart takes more than a glance at a landing page. Meant is sharing five questions consumers can ask when choosing an online GLP-1 provider, along with how it approaches each one.

Five Questions Worth Asking

Who makes the clinical decisions? A trustworthy provider should be clear about which licensed clinicians review each person’s information. At Meant, those decisions are made by licensed providers through its clinical partner, OpenLoop Health.Is there a real evaluation first? Look for a health-history review before anything is prescribed, and for plain language that a prescription is never guaranteed. Meant’s online assessment covers health history, current medications, and goals.Can the company’s credentials be checked? Independent certifications are one signal consumers can verify for themselves. Meant displays the seal for its LegitScript certification on its website.Is it clear who fills prescriptions? Providers should be open about the pharmacies they work with and whether those pharmacies are licensed in the United States.Is ongoing support spelled out, limits included? Good providers explain what follow-up looks like and who handles which questions. Meant pairs care with an optional Care Coach, and medical questions go to the care team.

A certification is a transparency signal, not a government approval or a promise about results, and no checklist replaces a conversation with a licensed clinician. Meant does not diagnose or prescribe, and treatment is not guaranteed for every applicant.

Take a Closer Look

Consumers who want to see how the assessment, clinical oversight, and coaching fit together can visit Meant‘s website and compare the details against the questions above.

About Meant

Meant is a health and wellness technology company focused on personalized GLP-1 weight-care support delivered through telehealth. The platform combines an online clinical assessment, licensed oversight through OpenLoop Health, Care Coach support, and supplemental wellness resources. Meant does not itself diagnose or prescribe; clinical decisions are made by its clinical partners. Learn more at meant.health.

Meant Health, Inc.
support@meant.health
1-512-879-9187
10199 Dean Drive, Manassas, VA 20110, USA

View original content:https://www.prnewswire.com/news-releases/what-to-look-for-in-an-online-glp-1-provider-meant-outlines-five-questions-worth-asking-before-signing-up-302927805.html

SOURCE Meant

Continue Reading

Technology

Capturing the Beauty of Anhui through Images–2026 Anhui Photography Season Concludes

Published

4 hours ago

on

November 7, 2026

By

HUANGSHAN, China, Nov. 7, 2026 /PRNewswire/ — A news report from Crionline.

Spanning summer and autumn across three successive photography tours, the “Picturesque Anhui • Imaging Anhui” 2026 Anhui Photography Season officially wrapped up on November 4. Co-hosted by the Fédération Internationale de l’Art Photographique (FIAP), the Anhui Provincial Department of Culture and Tourism, and the Foreign Affairs Office of Anhui Provincial People’s Government, the event drew 116 photographers from 38 countries and regions. They visited 46 distinctive cultural and tourism attractions across five cities: Hefei, Chizhou, Anqing, Huangshan and Xuancheng. Through their lenses, they presented Anhui’s landscapes, cultural heritage and vibrant everyday life to the world.

Looking back on the three sessions: The first session kicked off in Hefei. Photographers documented the city’s innovation-driven urban landscape as well as the picturesque scenery and intangible cultural heritage of Chizhou’s ancient villages. The second session took them deep into Huangshan and Anqing. They explored time-honored Huizhou villages, magnificent mountains and Huangmei Opera culture, immersing themselves in Huizhou traditions and the cultural charm of the Yangtze River region in western Anhui. The concluding third session was held in Huangshan and Xuancheng, focusing on brilliant autumn hues, Huizhou‑style ancient architecture, and the traditional craftsmanship behind the Four Treasures of the Study.

From lush summer greens to rich autumn colours, the photographers produced more than 11,000 high‑resolution photographs. Reflecting the unique perspectives of international participants, these images will be disseminated globally in diverse forms. They will help tell compelling stories of Anhui’s cultural tourism and further boost the province’s international profile.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/capturing-the-beauty-of-anhui-through-images2026-anhui-photography-season-concludes-302932583.html

SOURCE Crionline

Continue Reading

Trending