Taihan Cable & Solution to Develop ROVs for 11.5 Trillion-Won Energy Highway

Taihan Cable & Solution (001440.KS) has signed a memorandum of understanding with Panstar Robotics to jointly develop and localize remotely operated vehicles and operating systems for burying and protecting subsea cables. The effort is designed to reduce reliance on foreign equipment and specialist personnel, strengthen Taihan’s turnkey bidding competitiveness for projects such as the 11.5 trillion won ($8.2 billion) West Coast Energy Highway, and support offshore wind, long-distance grid interconnections and HVDC transmission. The companies will conduct demonstration tests, pursue commercialization, participate in South Korean national research programs and explore overseas markets.

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