Publications: ExchangeMonitor Morning Briefing

Holtec International, Hyundai Engineering & Construction (HDEC) and Entergy have agreed to jointly  explore building Holtec’s SMR-300 small modular reactors along the Gulf Coast of Alabama, Florida, Louisiana, Mississippi and Texas. The three companies look to establish a framework to analyze customer demand and potential sites for the SMR-300 reactor, according to Holtec’s Tuesday press […]

Earnings rose at Tennessee Valley Authority (TVA), Knoxville, Tenn., in the third quarter of fiscal 2026 which the federal utility attributed to “higher fuel cost recovery rates and higher sales volume,” according to a Tuesday press release. The net income for the third quarter of fiscal 2026 ended June 30 was $307 million, up from […]

Pacific Fusion and Lawrence Livermore National Laboratory (LLNL) in California have demonstrated the long-term operation of a next-generation pulsed-power technology, with a prototype system surpassing 3,000 electrical pulses, or “shots,” under a Cooperative Research and Development Agreement (CRADA). The achievement advances the laboratory’s prototype, named Sirius, beyond proof-of-concept and toward Technology Readiness Level 5 by […]

The Australian government July 29 announced Australia’s Bisalloy Steel received a $2 million purchase order from U.S. submarine shipbuilder General Dynamics Electric Boat, the first time an Australian company received such an order under the tripartite AUKUS agreement.  The agreement covers an order for HY80 steel plate to support production and construction of Virginia-class submarines […]

Earnings rose at BWX Technologies (BWXT), Lynchburg, Va., in the 2nd quarter, which the government contractor attributed to growing interest in the nuclear industry. Net earnings for the second quarter ended June 30 were $89.1 million, or $0.97 a share, up from $78.5 million, or $0.85 a share, in the year-ago quarter, according to the […]

The Senate Appropriations Committee is working on a framework for a stopgap funding resolution to keep the federal government through Dec. 11. The government’s fiscal year is scheduled to end on Sept. 30. Unless a bill codifies that funding is rolled over into the next fiscal year up to a certain date, the government will […]

Devens, Mass.-based fusion company Commonwealth Fusion Systems (CFS) raised $1 billion in additional equity funding, the company said July 30. CFS said in a press release the $1 billion financing round is the largest a fusion company has had since 2021 when CFS had a $1.8 billion Series B round then. This recent funding builds […]

Department of Energy management at the Hanford Site is reportedly asking the City of Richland, Wash., to annex more than 740 acres of land at the federal nuclear installation. The Tri-City Herald newspaper reported Sunday that DOE is asking Richland to annex multiple parcels of land along the city’s northern border. If ultimately approved by […]

The Nuclear Regulatory Commission has issued a draft environmental assessment (EA) finding of no significant impact (FONSI) for NextEra Energy’s Duane Arnold Energy Center in Iowa Monday. With the issuance of the draft environmental documents, NRC is also seeking public input on the regulatory matters, according to the Federal Register notice. The comment period closes […]

Republican Kay Granger, who represented the Texas 12th Congressional district and chaired the House Appropriations Committee, has died at age 83, according to news reports from various media outlets Monday morning. Granger, who before retiring served in the U.S. House of Representatives for more than a quarter century, was the first Texas Republican woman elected […]

The Navy last week awarded General Dynamics (GD) Electric Boat a contract worth $76.6 billion to build nine Virginia-class Block VI attack submarines (SSNs) and five Columbia-class ballistic missile submarines (SSBNs) after years of delays. The Navy has been negotiating this deal with prime contractor Electric Boat and HII for up to 10 Block VI […]

Rep. Marcy Kaptur (D-Ohio) suffered “non-life-threatening injuries” as a result of a car crash on her way to church, according to a statement released by her office Sunday morning. News reports, such as the one on Cleveland.com said the wreck resulted from a hit-and-run by a driver who fled the scene. Cleveland.com said Kaptur was […]

Huntington Ingalls Industries (HII) last week posted strong second quarter results driven by sales gains across its shipbuilding segments and operating earnings related to work on aircraft carriers and joint ventures in the nuclear and environmental markets. Net income soared 37% to $208 million, $5.27 earnings per share (EPS), from $152 million (3.86 EPS) a […]

After being out of service about two months to fix problems with underground hoists, the Department of Energy’s Waste Isolation Pilot Plant (WIPP) resumed taking shipments of defense-related transuranic waste in July, according to publicly-available data. According to DOE’s public shipment website for WIPP, a couple of waste shipments from the Los Alamos National Laboratory […]

The federal government has concluded certain tank farm waste in the 200 West Area of the Department of Energy’s Hanford Site in Richland, Wash., can be treated as low-level radioactive waste. DOE’s Office of Environmental Management said in a Friday press release that a Waste Incidental to Reprocessing (WIR) determination has been made for treated waste […]

The Nuclear Regulatory Commission is hosting a webinar Aug. 10 from 1 p.m. to 2:30 p.m. Eastern Time to discuss a recent rulemaking that touches on changes to its radiation protection standards. The webinar will be held via Microsoft Teams and will have a question and answer session within it, according to NRC’s July 28 […]

Here are events related to nuclear matters that Exchange Monitor staff are tracking:  August: 02: Conference: The Women in Nuclear Conference kicks off in Seattle, Wash.  03: Earnings Call: BWX Technologies will discuss its quarterly financial results starting in a 5 p.m. Eastern Time earnings call with analysts.  04: Tennessee Valley Authority: Discusses quarterly financial […]

Fusion technology developer Fuse signed a five-year Cooperative Research and Development Agreement (CRADA) with prime contractor Mission Support and Test Services at the Nevada National Security Site (NNSS), expanding its collaboration across the National Nuclear Security Administration (NNSA) enterprise. A CRADA deal establishes a framework for research on next-generation fusion technologies, tritium capabilities, higher neutron […]

The 2026 United States Strategic Command (STRATCOM) Deterrence Symposium will take place Aug. 5-6 in Omaha, Neb. at the CHI Health Center. The theme this year is “Peace through strength: turning defense strategy into decisive deterrence action,” according to the website. Brandon Williams, administrator of the National Nuclear Security Administration (NNSA), will speak on Thursday. […]

Targets in the End State Contract Model the Department of Energy’s nuclear cleanup office started using in fiscal 2020 are often ill-defined and the program needs better record-keeping and oversight, a congressional watchdog said this week. Those are among the takeaways from a Government Accountability Office (GAO) report publicly released Wednesday on the DOE Office […]

Legislation introduced this week in the House Science, Space and Technology Committee would direct the National Nuclear Security Administration (NNSA) to set up an artificial intelligence (AI) nuclear evaluation program. The bipartisan bill is sponsored by Rep. Celeste Maloy (R-Utah) and is cosponsored by Rep. Sara Jacobs (D-Calif.). The Advanced Artificial Intelligence Nuclear Evaluation Program […]

Constellation Energy, Blue Energy and NANO Nuclear have formally expressed interest in building new nuclear energy in Illinois. The three nuclear entities responded to Illinois Gov. JB Pritzker’s (D) notice of inquiry that was conducted by the Illinois Commerce Commission through a February executive order. That gubernatorial action set out a target goal of adding […]

The Department of Energy’s Hanford Field Office in Richland, Wash., plans to award a no-bid contract to the American Institute of Chemical Engineers Academy to hold a four-day process safety “boot camp,” according to a recent online procurement notice. In the notice, the Academy is called “the only responsible source that can provide the management […]

The Nuclear Regulatory Commission proposed changes to its transportation regulations in preparation for the development of microreactor technologies. The proposed rulemaking, announced on July 22, would make changes to Title 10 Code of Federal Regulations Part 71 – or 10 CFR Part 71 – and would update package approval requirements suitable for microreactors and new […]

Huntington Ingalls Industries (HII) hosted Australian Minister for Defence Industry Pat Conroy at its Newport News Shipbuilding Charleston Operations facility in Goose Creek, S.C. July 27, with aims to underscore cooperation under the AUKUS security partnership. Under the tripartite AUKUS agreement, the U.S. government plans to sell three to five nuclear-powered attack submarines, or SSNs, […]

For the second time in two weeks, the Department of Energy unveiled plans for a new data center at one of its nuclear installations, this one at the Paducah Site in Western Kentucky. In a Wednesday morning news release, Secretary of Energy Chris Wright said DOE is teaming up with several energy organizations to help […]