On June 3, 2021, RASU JSC (a company of ROSATOM) and JSC Element signed a Memorandum of Understanding (a framework agreement) on the sidelines of the St. Petersburg Economic Forum.
The Memorandum signed by Andrey Butko, CEO of RASU JSC, and Ilya Ivantsov, the President of JSC Element, provides for establishment of a joint venture – a design center covering the full lifecycle of microelectronic components.
The document specifies the intention of the parties to develop Russian domestic electronic hardware components to be applied in Instrumentation and Control Systems for nuclear facilities and other enterprises of the Russian energy sector.
In the beginning of its work, the center will develop semiconductor devices and integrated circuits for power converters. The design center will take the lead in supplying trusted microelectronics to enterprises of ROSATOM.
“The design center is going to cover ROSATOM’s demand for microelectronic components, including the tasks related to Instrumentation and Control Systems”, Andrey Butko said.
“It is strategically important for Element Group to expand the network of design centers. They contribute to fast implementation of advanced technologies and speed up the innovative development of enterprises. Our joint design center will allow to unite the capabilities of both companies in research and development, bringing added value to the nuclear industry and Russia as a whole”, Ilya Ivantsov noted.
Rusatom Automated Control Systems JSC (RASU JSC) is part of ROSATOM. The company is the integrator of I&C, Electrical Engineering and Nuclear Instrumentation areas. RASU JSC is responsible for implementation of a comprehensive program aimed at substitution of imported electronic components for NPP I&C systems. The company accumulates the long-term experience of ROSATOM’s enterprises in development of automated control systems and comprehensive electrical engineering solutions.
Element Group was established in 2019. It unites major Russian producers of microelectronics, being a leader of the Russian microelectronics industry in terms of sales and technology level. Companies of the Group occupy leading positions in several segments of the rating of JSC Electronics Institute “Top 50 radioelectronics companies” based on the revenue figures.