Archive

Advanced Nuclear & SMRs

Coverage of new reactor development, small modular reactors, and next-generation nuclear technologies pursuing NRC licensing or DOE demonstration support.

  • Antares signs HALEU deal with Urenco

    Torrance, Calif.-based Antares Nuclear signed a long-term enrichment services deal with Urenco on May 21 to supply high-assay low-enriched uranium (HALEU) for its new microreactors. Under the agreement, Urenco will provide enrichment services for HALEU to assist with Antares’ planned microreactors deployments across North America and other markets, Antares said in a press release. The […]

  • Deep Fission holds initial public offering

    Berkeley, Calif.-based Deep Fission launched its initial public offering (IPO) on May 20, saying in a press release it expected the initial IPO price to be between $24 and $26 per share.  The nuclear company is targeting a valuation of nearly $1.6 billion, according to an article by Reuters. Deep Fission began the roadshow for […]

  • DOE approves startup’s preliminary safety analysis for test microreactor

    Houston-based nuclear startup Deployable Energy said last week it received the Department of Energy’s approval for preliminary safety analysis for its microreactor demonstration. Deployable Energy applied to be a part of DOE’s reactor pilot program but was not one of the 10 companies chosen in August 2025. But the nuclear startup was selected under DOE’s […]

  • DOE approves startup’s preliminary safety analysis for test microreactor

    Houston-based nuclear startup Deployable Energy said last week it received the Department of Energy’s approval for preliminary safety analysis for its microreactor demonstration. Deployable Energy applied to be a part of DOE’s reactor pilot program but was not one of the 10 companies chosen in August 2025. But the nuclear startup was selected under DOE’s […]

  • Antares signs HALEU deal with Urenco

    Torrance, Calif.-based Antares Nuclear signed a long-term enrichment services deal with Urenco on May 21 to supply high-assay low-enriched uranium (HALEU) for its new microreactors. Under the agreement, Urenco will provide enrichment services for HALEU to assist with Antares’ planned microreactors deployments across North America and other markets, Antares said in a press release. The […]

  • Deep Fission holds initial public offering

    Berkeley, Calif.-based Deep Fission launched its initial public offering (IPO) on May 20,  saying in a press release it expected the initial IPO price to be between $24 and $26 per share.  The nuclear company is targeting a valuation of nearly $1.6 billion, according to an article by Reuters. Deep Fission began the roadshow for […]

  • Oklo possible recipient of Cold War-era plutonium for fuel

    California- based Oklo said Tuesday it has been selected for negotiations with the Department of Energy to potentially receive surplus plutonium for nuclear fuel in reactor projects.  This comes after the DOE  issued a request for applications in October 2025.for companies interested in being part of the federal Surplus Plutonium Utilization Program. DOE plans to […]

  • Nebraska study finds four potential advanced reactor sites

    The Nebraska Public Power District (NPPD) recently identified four potential sites for a new advanced reactor to be built in Nebraska. In a May 20 press release, NPPD said that Beatrice, Brownville, Norfolk and Sutherland were the top four communities suited for a new reactor.  The four sites identified were as a part of the […]

  • The time for nuclear investment has come, Gallego says

    WASHINGTON, D.C. – In a time of growing energy demand, investment in nuclear power can be important to the economic future of the United States, Sen. Ruben Gallego (D-Ariz.) said last week.  Gallego told the Nuclear Energy Institute’s Policy Forum May 12-13 that getting the right mix of nuclear energy in the domestic energy portfolio […]

  • NextEra to buy Dominion Energy; creating major nuke-owning power company

    NextEra’s proposed purchase of Dominion Energy would create a nuclear power giant, with eight active plants between the utilities and a nith that might be restarted. NextEra said on Monday that it will purchase Dominion Energy for nearly $67 billion to combine two of the largest utilities in the United States. According to the companies’ […]

  • DARPA awards $1.5 million to City Labs for nuclear battery technology

    Miami-based tritium nuclear technology developer City Labs has been awarded a $1.5 million contract by the Defense Advanced Research Projects Agency (DARPA), the company said this week. City Labs said in a press release the funding, under DARPA’s Rads to Watts program, will support the development of a new class of high-power radiation voltaics energy […]

  • NRC completes X-Energy’s environmental review for Texas SMR project

    The Nuclear Regulatory Commission (NRC) has found no significant impact in the environmental assessment of Dow and X-Energy’s construction permit application for their Texas small modular reactor (SMR) station.. NRC said on Monday the environmental assessment was completed ahead of schedule. It also determined an environmental assessment was sufficient for X-Energy’s Texas project than an […]

  • Credible nuclear development is contingent on a credible fuel strategy, panel says

    WASHINGTON, D.C. – Hopes of building multiple new reactors in the United States are anchored in a strong supply chain, with a key focus on uranium enrichment, a panel of nuclear experts told a Senate subcommittee Wednesday. During the hearing by the Senate Environment and Public Works Subcommittee on Clean Air, Climate and Nuclear Innovation […]

  • NRC accepts NANO Nuclear’s university microreactor for review

    The Nuclear Regulatory Commission has accepted the NANO Nuclear’s KRONOS microreactor at the University of Illinois Urbana-Champaign in Illinois for review on Tuesday. The Grainger College of Engineering at the University of Illinois Urbana-Champaign, NANO’s partner for the reactor deployment, submitted the application on March 31. The university’s engineering department is NANO’s partner for the […]

  • NRC accepts NANO Nuclear’s university microreactor for review

    The Nuclear Regulatory Commission has accepted the NANO Nuclear’s KRONOS microreactor at the University of Illinois Urbana-Champaign in Illinois for review on Tuesday. The Grainger College of Engineering at the University of Illinois Urbana-Champaign, NANO’s partner for the reactor deployment, submitted the application on March 31. The university’s engineering department is NANO’s partner for the […]

  • Credible nuclear development is contingent on a credible fuel strategy, panel says

    WASHINGTON, D.C. – Desires of building new nuclear reactors at scale are anchored in a strong supply chain, with a key focus on uranium enrichment, a panel of nuclear experts told a Senate subcommittee Wednesday. During the hearing by the Senate Environment and Public Works Subcommittee on Clean Air, Climate and Nuclear Innovation and Safety, […]

  • NRC completes X-Energy’s environmental review for Texas SMR project

    The Nuclear Regulatory Commission (NRC) has found no significant impact in the environmental assessment of Dow and X-Energy’s construction permit application for their Texas small modular reactor (SMR) plant. NRC said on Monday the environmental assessment was completed ahead of schedule. It also determined an environmental assessment was sufficient for X-Energy’s Texas project than an […]

  • DARPA awards $1.5 million to City Labs for nuclear battery technology

    Miami-based tritium nuclear technology developer City Labs has been awarded a $1.5 million contract by the Defense Advanced Research Projects Agency (DARPA), the company said Monday. City Labs said in a press release the funding, under DARPA’s Rads to Watts program, will support the development of a new class of high-power radiation voltaics energy systems. […]

  • NextEra to buy Dominion Energy for nearly $67 billion

    NextEra Energy said on Monday that it will purchase Dominion Energy for nearly $67 billion to combine two of the largest utilities in the United States. According to the companies’ joint press release, the transaction was unanimously approved by both the Dominion and NextEra boards and is expected to close in 12 to 18 months. […]

  • The time for nuclear investment has come, Gallego says

    WASHINGTON, D.C. – In a time of growing energy demand, investment in nuclear power can be important to the economic future of the United States, Sen. Ruben Gallego (D-Ariz.) said last week.  Gallego told the Nuclear Energy Institute’s Policy Forum May 12-13 that getting the right mix of nuclear energy in the domestic energy portfolio […]

  • NuScale sees significant drop in first quarter earnings

    Earnings fell at NuScale Power, Corvallis, Ore., in the first quarter, which the small modular reactor developer attributed to completing work and agreements last year related to the RoPower project in Romania. Revenue for the first quarter, ended March 31, was $600,000, down from $13.4 million in the first quarter in 2025. NuScale had a […]

  • Feds seek input on maritime SMR

    The Department of Transportation (DOT) and the Maritime Administration have released a request for information (RFI) on May 7 for a new initiative exploring using small modular reactors to power commercial ships. According to the RFI, DOT and the Maritime Administration are seeking input from the industry and public to figure out if and how […]

  • Nuclear industry must now begin to build at scale, Korsnick says

    WASHINGTON, D.C. – After a prominent year for nuclear energy, the industry needs to turn its focus towards building new generation at scale, Nuclear Energy Institute (NEI) President and CEO Maria Korsnick said at a Tuesday forum. To open the NEI’s 2026 Nuclear Energy Policy Forum, Korsnick said in her State of the Nuclear Industry […]

  • Advanced reactors expected to meet future AI needs, Meta official says

    WASHINGTON, D.C. — As hyperscalers continue to prioritize speed to power, advanced reactors are seen as a long-term solution to powering artificial intelligence (AI) infrastructure, Meta’s Joel Kaplan said at a Tuesday forum. During the Nuclear Energy Institute’s (NEI) Nuclear Energy Policy Forum panel held here at Omni Shoreham Hotel, Kaplan, Meta’s chief global affairs […]

  • AtkinsRéalis locks in 20-year EPC contract with First American Nuclear

    AtkinsRéalis has signed a 20-year agreement with First American Nuclear Company to become the engineering,  procurement and construction management provider for First American Nuclear’s small modular reactor deployments in North America. According to  AtkinsRéalis’ Wednesday press release, work on the first task orders is already underway and agreement contemplates services are worth up to $250 […]

  • DOE awards $94 million to several companies to support U.S. SMR deployments

    The Department of Energy has awarded a total of $94 million to eight nuclear companies to support efforts to accelerate small modular reactor (SMR) domestic deployment, the agency said Thursday. DOE said in its press release that awardees will receive more than $94 million in a federal-cost share to prompt more SMR deployments through addressing […]

  • AtkinsRéalis locks in 20-year EPC contract with First American Nuclear

    AtkinsRéalis has signed a 20-year agreement with First American Nuclear Company to become the engineering,  procurement and construction management provider for First American Nuclear’s small modular reactor deployments in North America. According to AtkinsRéalis’ Wednesday press release, work on the first task orders is already underway and agreement contemplates services are worth up to $250 […]

  • Advanced reactors expected to meet future AI needs, Meta official says

    WASHINGTON, D.C. — As hyperscalers continue to prioritize speed to power, advanced reactors are seen as a long-term solution to powering artificial intelligence (AI) infrastructure, Meta’s Joel Kaplan said at a Tuesday forum. During the Nuclear Energy Institute’s (NEI) Nuclear Energy Policy Forum panel held here at Omni Shoreham Hotel, Kaplan, Meta’s chief global affairs […]

  • Nuclear industry must now begin to build at scale, Korsnick says

    WASHINGTON, D.C. – After a prominent year for nuclear energy, the industry needs to turn its focus towards building new generation at scale, Nuclear Energy Institute (NEI) President and CEO Maria Korsnick said at a Tuesday forum. To open the NEI’s 2026 Nuclear Energy Policy Forum, Korsnick said last year marked a year of serious […]

  • Feds seek input on maritime SMR

    The Department of Transportation (DOT) and the Maritime Administration have released a request for information (RFI) on May 7 for a new initiative exploring using small modular reactors to power commercial ships. According to the RFI, DOT and the Maritime Administration are seeking input from the industry and public to figure out if and how […]