[Special Stock] Orbitech, All 18 Nuclear Reactors of Yoon Government Extended... Highlighted for Winning Service Contracts for 'All Domestic Nuclear Reactors'

[Asia Economy Reporter Jang Hyowon] Orbitech is showing strong performance. The news that the number of nuclear power plants eligible for application during the new government's term will increase from 10 to 18 is interpreted as drawing attention as a specialized nuclear power company.

As of 9:13 AM on the 21st, Orbitech is trading at 7,200 KRW, up 400 KRW (5.88%) compared to the previous trading day.

The Presidential Transition Committee announced on the 20th that it plans to advance the application period for continued operation of nuclear power plants from the current 2-5 years before the design life expiration to 5-10 years before.

Accordingly, the number of nuclear power plants that can decide on continued operation during President Yoon Seok-yeol's administration will increase from the existing 10 to 18. This means that the lifespan of three-quarters of the 24 domestic nuclear power plants can be extended by 10 years.

Meanwhile, Orbitech is a representative nuclear power specialized company holding about 30 patents related to radiation management.

Orbitech has secured contracts for radiation management services for planned preventive maintenance at all domestic nuclear power plants. According to the securities industry, Orbitech holds a 14.6% market share in radiation management services, ranking second, and a 20% market share in pre-operation and mid-inspection services, ranking first.

This content was produced with the assistance of AI translation services.