Advanced Nuclear & SMRs

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 […]

ROCKVILLE, Md. – As the Nuclear Regulatory Commission (NRC) moves toward a risk-informed approach across the agency, the agency began to examine its approach to transporting incoming microreactor technology at its Thursday meeting. During the meeting, the commission and high-level NRC management discussed the transportation of microreactors and their used fuel en route to refueling […]

To achieve an additional 300 gigawatts of nuclear power supplied exclusively by domestic resources, the United States needs to invest between $105 billion to $170 billion into the nuclear fuel supply chain, according to a McKinsey & Company report this week.  Global management consulting firm McKinsey’s Monday report, “Understanding domestic nuclear fuel production options in […]

The Department of Energy Idaho Operations Office approved Aalo Atomics documented safety analysis for the company’s Aalo-X critical test reactor April 30, the company said Tuesday. This approval under DOE’s authorization for the reactor pilot program puts Aalo into its final pre-operational phase, the operational readiness review, Aalo said. The Austin, Texas-based microreactor developer joins […]

Louisville Gas and Electric Company and Kentucky Utilities have entered into an agreement with Rockville, Md.-based X-Energy to explore building X-Energy’s small modular reactors in the Bluegrass State.  The three companies have already started early project feasibility work and will explore ways for using X-Energy’s Xe-100 SMR deployments to support Kentucky’s long -term energy goals, […]

The Canadian government plans to unveil a new energy strategy centered around bolstering its domestic nuclear industry, according to an April 29 press release. The new plan, Nuclear Energy Strategy for Canada, will be released by the end of this year. Canada’s Minister of Energy and Natural Resources Tim Hodgson made the announcement during the […]

California state lawmakers have recently pivoted from ending the state’s nuclear moratorium to instead conducting a study on the potential role of advanced reactors to meet state’s clean energy goals. The shifting of the bill, AB 2647, to a study came after the author of the bill, California Assembly Member Lisa Calderon (D), office received […]

Tempers continue to flare between Fermi America and Toby Neugebauer as the company has rejected the former CEO’s call for a special meeting for shareholders, calling it invalid earlier this week. On Tuesday, Neugebauer, who is also the co-founder of Fermi, called for a special meeting on May 29. According to Neugebauer’s statement, the special […]

GE Vernova and nuclear startup company Blue Energy have agreed to work together to bring a 2,500-megawatt gas and nuclear power plant to Texas. Blue Energy, founded in 2023, said in its Tuesday press release the gas and nuclear hybrid power plant could be a new near-term approach to help meet projected growing energy demands […]

Radiant Nuclear’s application for its R-50 production facility in Oak Ridge, Tenn. has been accepted for review by the Nuclear Regulatory Commission (NRC), the company said this week. El Segundo, Calif.-based Radiant’s Title 10 Code of Federal Regulations Part 70 – 10 CFR Part 70 – license application review will be on an accelerated timeline […]

Tempers continue to flare between Fermi America and Toby Neugebauer as the company has rejected the former CEO’s call for a special meeting for shareholders, calling it invalid on Tuesday. Earlier on Tuesday, Neugebauer, who is also the co-founder of Fermi, called for a special meeting to be held on May 29. According to Neugebauer’s […]

GE Vernova and nuclear startup company Blue Energy have agreed to work together to bring a 2,500-megawatt gas and nuclear power plant to Texas. Blue Energy, which was founded in 2023, said in its Tuesday press release that the gas and nuclear hybrid power plant could be a new near-term approach to help meet projected […]

Radiant Nuclear’s application for its R-50 production facility in Oak Ridge, Tenn. has been accepted for review by the Nuclear Regulatory Commission (NRC), the company said Tuesday. El Segundo, Calif.-based Radiant’s Title 10 Code of Federal Regulations Part 70 – 10 CFR Part 70 – license application review will be on an accelerated timeline of […]

Texas-based Fluor has sold its remaining 40 million shares of NuScale Power Corp., and generated gross proceeds of $473 million, Fluor said in a recent filing with the Securities & Exchange Commission (SEC). The sale of Fluor’s remaining shares in NuScale, the small modular reactor developer, was completed April 23, Fluor said in the SEC […]

California state lawmakers have recently pivoted from ending the state’s nuclear moratorium to instead conducting a study on the potential role of advanced reactors to meet state’s clean energy goals. The shifting of the bill, AB 2647, to a study came after the author of the bill, California Assembly Member Lisa Calderon (D), office received […]

The Canadian government plans to unveil a new energy strategy centered around bolstering its domestic nuclear industry, according to an April 29 press release. The new plan, Nuclear Energy Strategy for Canada, will be released by the end of this year. Canada’s Minister of Energy and Natural Resources Tim Hodgson made the announcement during the […]

Louisville Gas and Electric Company and Kentucky Utilities have entered into an agreement with Rockville, Md.-based X-Energy to explore building X-Energy’s small modular reactors in the Bluegrass State.  The three companies have already started early project feasibility work and will explore ways for using X-Energy’s Xe-100 SMR deployments to support Kentucky’s long -term energy goals, […]

Fermi America has officially fired former CEO Toby Neugebauer from its board of directors on April 30, according to a company Securities and Exchange Commission (SEC) filing. Neugebauer’s firing comes weeks after he was removed as CEO on April 17. According to the April 30 SEC filing, Neugebauer was fired for cause “as a result […]

The deadline for a Genesis Mission solicitation was moved back to May 1 from April 28, according to the DOE Office of Science grants website. The solicitation from March invited interested parties from national laboratories, universities and the commercial industry to submit proposals for a $293-million requisition for application (RFA) for the Genesis Mission. Broken […]

Baton Rogue, La.-based Turner Industries has revealed plans to expand two nuclear manufacturing facilities in Louisiana that aim to fabricate reactor parts for advanced reactors, Louisiana Gov. Jeff Landry (R) announced at an industry summit Tuesday. Turner Industries said in its press release that the two manufacturing facilities will be in New Iberia and Port […]

The Department of Energy’s Office of Nuclear and the National Reactor Innovation Center have made their first selections for DOE’s recently established Nuclear Energy Launch Pad initiative. Previously announced on March 5, the Nuclear Energy Launch Pad aims to create a hub to speed up advanced nuclear technology deployment using technical and regulatory frameworks on […]

Rockville, Md.-based X-Energy officially became a publicly listed company on the NASDAQ Global Select Market on April 24, the company said in an April 24 LinkedIn post. The small modular reactor (SMR) developer will be traded under the ticker symbol of XE. On April 23, X-Energy announced the pricing of its upsized initial public offering […]

The Department of Energy released a request for information (RFI) last week seeking input from the industry to assess the United States’ readiness to deploy up to four nuclear reactors into space within five years. DOE’s solicitation, published April 21, looks for additional information to evaluate potential challenges or gaps related to reactor design, workforce […]

The Air Force and Defense Innovation Unit (DIU) have selected Antares Nuclear, Radiant Nuclear and Westinghouse to construct and operate a microreactor on an Air Force base. According to the Air Force’s April 22 press release, Westinghouse will deploy its eVinci microreactor at the Malmstrom Air Force Base in Montana. Radiant will construct its Kaleidos […]

The Nuclear Regulatory Commission last week announced a proposed rule for microreactor approval under 10 CFR Part 57. The regulatory framework under Part 57 aims to enable rapid deployment of microreactors and other reactor technologies with similar risk profiles, according to NRC’s April 24 press release.  Under the proposed Part 57 rule, it allows for […]

Baton Rogue, La.-based Turner Industries has revealed plans to expand two nuclear manufacturing facilities in Louisiana that aim to fabricate reactor parts for advanced reactors, Louisiana Gov. Jeff Landry (R) announced at an industry summit Tuesday. Turner Industries said in its press release that the two manufacturing facilities will be in New Iberia and Port […]

The Department of Energy’s Office of Nuclear and the National Reactor Innovation Center have made their first selections for DOE’s recently established Nuclear Energy Launch Pad initiative. Previously announced on March 5, the Nuclear Energy Launch Pad aims to create a hub to speed up advanced nuclear technology deployment using technical and regulatory frameworks on […]

Rockville, Md.-based X-Energy officially became a publicly listed company on the NASDAQ Global Select Market on April 24, the company said in an April 24 LinkedIn post. The small modular reactor (SMR) developer will be traded under the ticker symbol of XE. On April 23, X-Energy announced the pricing of its upsized initial public offering […]

The Department of Energy released a request for information (RFI) last week seeking input from the industry to assess the United States’ readiness to deploy up to four nuclear reactors into space within five years. DOE’s solicitation, published April 21, looks for additional information to evaluate potential challenges or gaps related to reactor design, workforce […]

The Air Force and Defense Innovation Unit (DIU) have selected Antares Nuclear, Radiant Nuclear and Westinghouse to construct and operate a microreactor on an Air Force base. According to the Air Force’s April 22 press release, Westinghouse will deploy its eVinci microreactor at the Malmstrom Air Force Base in Montana. Radiant will construct its Kaleidos […]