Press Release
As Canada strengthens its defence industrial base and Arctic sovereignty posture, a new cross-border collaboration is exploring the role of next-generation energy systems in supporting crucial national missions.
Hanwha Power and Hanwha Ocean have entered into a Memorandum of Understanding with Ottawa-based Boreal Energy Systems to evaluate the application of Micro Modular Reactor technology across defence infrastructure and industrial applications in Canada.
The partnership brings together Hanwha Power’s advanced energy systems capabilities, including supercritical carbon dioxide (sCO₂) power cycle technology, alongside Canadian nuclear innovation, to assess how resilient, low-carbon power solutions can support Canada's evolving operational requirements. Hanwha Ocean will explore the potential application of these capabilities across maritime sectors, including offshore platforms, industrial marine assets, and large-scale assets such as Floating Production Storage and Offloading (FPSO) units.
Beyond defence use cases, the parties intend to evaluate pathways for scaling Micro Modular Reactor applications to support Canada's mining and industrial sectors, leveraging Hanwha Power's expertise in energy systems and advanced power technologies. This includes the potential adaptation of existing capabilities for industrial-scale deployment and the development of joint technical and commercial proposals targeting remote, off-grid energy demand, as well as potential future deployment across maritime and offshore environments.
“Canada’s ability to operate effectively in the Arctic and other remote regions will increasingly depend on resilient, sovereign energy solutions,” said Glenn Copeland, CEO of Hanwha Defence Canada. “This collaboration brings together Canadian innovation and global industrial expertise to explore how next-generation energy systems can support defence capability while contributing to long-term industrial development in Canada.”
This initiative aligns closely with Canada’s Defence Industrial Strategy, which emphasizes sovereign capability, industrial participation, and long-term economic value creation. By exploring applications that span defence, energy, and industrial sectors, the collaboration reflects a shift from transactional procurement toward capability-building partnerships rooted in innovation and domestic integration.
From a Canadian industry perspective, the partnership also highlights how defence investment can translate into domestic industrial growth and innovation.
“This partnership with Hanwha truly leverages Canada's Defence Industrial Strategy and Industrial Technological Benefits (ITB) policy,” said Albert Heller, Founder, CEO, and Chief Technology Officer of Boreal Energy Systems. “Through Canada's defence investment commitments, Boreal Energy Systems will seek additional financing and grow a domestic industrial base for military and dual-use civilian technology. Boreal Energy Systems is a prime example of the Government of Canada’s defence strategy in action.”
Collectively, these efforts underscore a shift toward integrated, capability-driven partnerships that connect defence, energy, and industrial development - positioning advanced clean energy solutions as a strategic enabler of Canada's sovereign operational capability and long-term economic resilience.
