Framatome Inc. (Framatome) and Ultra Safe Nuclear Corporation (USNC) today signed an agreement to establish a joint venture (JV) at the World Nuclear Exhibition in Paris, France. This JV will provide nuclear fuel for the fourth generation Micro-Modular™ Reactor (MMR®) and other advanced reactor designs. The fuel supply will include commercial quantities of Tri-structural Isotropic (TRISO) particles and USNC’s proprietary Fully Ceramic Microencapsulated (FCM®) fuel.
Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies. In conjunction with the transaction, Springs ATG will be rebranded as Advanced Technology Group ("ATG" or the "Company"). ATG is based in Westminster, Colorado and is a manufacturer of containment solutions, including gloveboxes, for the nuclear industry. The Company's containment solutions are used in multiple applications to facilitate life extension of nuclear power plants across North America, as well as enabling the nascent SMR/Advanced Reactor industry.
Today, Centrus Energy Corp. announced that it has made its first delivery of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, completing Phase One of its contract with the Department by successfully demonstrating its HALEU production process. Centrus will now move on to Phase Two of the contract – requiring a full year of HALEU production at the rate of 900 kilograms per year at its American Centrifuge Plant in Piketon, Ohio.
NASA is leading an effort, working with the Department of Energy (DOE), to advance space nuclear technologies. The government team has selected three reactor design concept proposals for a nuclear thermal propulsion system. The reactor is a critical component of a nuclear thermal engine, which would utilize high-assay low-enriched uranium fuel.
Ultra Safe Nuclear Corporation (USNC), a leader in nuclear energy innovation, is pleased to announce that it has been awarded a contract by NASA to develop and mature Nuclear Thermal Propulsion (NTP) systems for the advancement of America’s civil science and cislunar capabilities. This contract, which will see NTP move from the paper phase into hardware, is a testament to USNC’s capabilities on the leading edge of advanced reactor design and manufacturing.
American Centrifuge Operating (ACO), a subsidiary of Centrus Energy Corp, started enrichment operations for the first time at the U.S. Department of Energy’s (DOE) enrichment facility in Piketon, Ohio.
Denetek’s plan could fortify energy security and decarbonization in Ukraine and regionally SMRs will be deployed on a number of current DTEK thermal power plant sites Denetek is in advanced talks with SMR vendors to select the most advantageous technology for safe, cost-effective, and rapid deployment Denetek is leveraging industry research and expertise from EPRI to develop tailored technology solutions.
We are pleased to report that the repowering of the 800-megawatt Palisades Power Plant in Covert Township, Michigan took a giant step forward this week with the signing of a long-term power purchase agreement (PPA) between Holtec’s Palisades Energy, LLC and Wolverine Power Cooperative, a not-for-profit energy provider to the rural communities across Michigan.
NANO Nuclear Energy Inc. (“NANO Nuclear”), an emerging micro-small modular reactor and advanced nuclear reactor technology company led by a world-class nuclear engineering team developing proprietary, portable and carbon free energy solutions, announced that it made a key submission to the U.S. Department of Energy (DOE).
Deep Isolation is part of the U.S. Department of Energy’s $9 million “CREATE” funding initiative to help shore up domestic energy production, improve energy efficiency and reliability, and reduce greenhouse gas emissions. Deep Isolation’s selected project will deliver testing and demonstration of key technologies for deep borehole disposal at a test facility in Cameron, Texas managed by the non-profit Deep Borehole Demonstration Center.
Curio, a pioneer in nuclear waste recycling solutions, is pleased to announce it has recently established a memorandum of understanding with Sargent & Lundy, a global engineering and design firm with expertise in nuclear energy, to transform nuclear fuel recycling practices. This agreement sets the stage for exploring endeavors focused on the commercial deployment of Curio’s cutting-edge used nuclear fuel recycling facility and leveraging its groundbreaking NuCycle™ technology.
BWX Technologies, Inc. (NYSE: BWXT) today announced that its reactor and fuel will be key components in the world’s first demonstration spacecraft using nuclear thermal propulsion.
Energy Northwest, a premier provider of carbon-free electricity, and X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the signing of a joint development agreement (“JDA”) for up to 12 Xe-100 advanced small modular reactors in central Washington capable of generating up to a total of 960 megawatts of carbon-free electricity. Energy Northwest expects to bring the first Xe-100 module online by 2030.
TerraPower and Centrus Energy Corp. (NYSE American: LEU) announced today a new memorandum of understanding (MOU) to significantly expand their collaboration aimed at establishing commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU) to supply TerraPower’s first-of-a-kind NatriumTM reactor[1] and energy storage system.
Orano received approval from the Nuclear Regulatory Commission for Amendment No. 3 of the NUHOMS® EOS® Dry Spent Fuel Storage System Certificate of Compliance No. 1042, which will become effective on July 17, 2023.
On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.
We are pleased to announce that the U.S. Nuclear Regulatory Commission (NRC) has issued the final license to build and operate the HI-STORE Consolidated Interim Storage Facility (CISF) to Holtec International on the land provided by the Eddy Lea Energy Alliance (ELEA), a regional economic development authority in Southeast New Mexico.
Orano TN Americas, KEPCO E&C, and SeAH Besteel Co. recently expanded their industrial partnership by signing a Memorandum of Understanding (MOU) with additional Korean entities for manufacturing and delivering dry storage of used nuclear fuel serving South Korea’s current and future needs.
Westinghouse Electric Company today launched its newest nuclear technology, the AP300™ small modular reactor (SMR), a 300-MWe single-loop pressurized water reactor. The AP300 SMR design is scaled from the advanced, proven AP1000® reactor and is the only SMR truly based on an Nth-of-a-kind operating plant.
Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, Hyundai Engineering (Representative Director Hong Hyun-sung) and SK E&C (Representative Director Park Kyung-il) are teaming up to conduct research and development for carbon-free hydrogen production. The three companies signed an MOU on Thursday, April 20th for the construction of a "Hydrogen Micro Hub" at the SK E&C headquarters in Seoul's Jongno-gu.
