Reaffirms IP Protections and Export Control Obligations for Deployment of Westinghouse Technology
CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Westinghouse Electric Company announced it has filed an appeal with the Czech Anti-Monopoly Office to protest the decision by CEZ to select Korea Hydro & Nuclear Power (KHNP) as the preferred bidder for the construction of two new nuclear reactors at the Dukovany power plant.
The tender required vendors to certify they possess the right to transfer and sublicense the nuclear technology offered in their bids to CEZ and local suppliers. KHNP’s APR1000 and APR1400 plant designs utilize Westinghouse-licensed Generation II System 80 technology. KHNP neither owns the underlying technology nor has the right to sublicense it to a third party without Westinghouse’s consent. Further, only Westinghouse has the legal right to obtain the required approval from the United States government to export its technology....
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