Xcentry (CEO Ko Geun-woo), a startup developing sensor solutions for small modular reactors (SMRs), announced on the 11th that it has secured seed investment from Futureplay, Seoul National University Technology Holdings, and SolidX. The investment amount was not disclosed.
XCentury is developing sensor solutions to enhance the safety and operational efficiency of next-generation SMRs. This technology boasts the ability to maintain precise measurement performance and durability even in extreme environments, such as high temperatures and high radiation, and its miniaturized sensor design minimizes changes to the reactor structure.
Xcentry is led by a team of experts from the Department of Nuclear Engineering at Seoul National University, and is advancing its technology based on its experience in numerous related patent applications and government research projects.
With this investment, Xcentry plans to fully pursue technology commercialization and market entry. This year, the company plans to begin supplying products to domestic SMR research institutes and related companies, while also conducting technology validation through collaborations with leading overseas research institutions. Furthermore, to expand initial sales, the company is also pursuing entry into the oxygen and moisture sensor market for glove boxes.
CEO Koh Geun-woo said, “XCENTRY aims to provide a solution that simultaneously secures stability and reliability in the sensor field, which is a core component of next-generation nuclear reactors,” and “This investment will be an opportunity to accelerate technological advancement and entry into the global market.”
“The next-generation SMR field is still in its early stages, with no established technology or industry standards, but this could be an opportunity for startups with new technologies,” said Jeon A-ram, a senior analyst at Futureplay, who led this investment. “We hope that after XCentury secures a track record in harsh environment industries, it can establish itself as a standard in the next-generation SMR sensor market.”
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