The Nuclear Regulatory Commission approved a license amendment for Urenco USA’s enrichment facility in New Mexico, the agency said on LinkedIn Thursday.
The approval allows Urenco to produce higher-enriched uranium-235 to fuel advanced reactors.
“We first gave Urenco permission to start making higher-enriched U-235 last December,” the post said. “Our most recent approval lifts the final interim controls, allowing Urenco to use their entire enrichment process.”
Santa Clara, Calif. based advanced nuclear technology company Oklo will report its second quarter financial results on Aug. 11 in an earnings conference call at 5:00 p.m. Eastern Time.
Oklo, which was the first company to receive a site use permit from the Department of Energy for a commercial advanced nuclear plant, will report its results for the quarter ended on June 30.
Oklo had a $0.07 net loss per share in its first quarter of 2025, which was an improvement to its year-over-year net loss per share of $0.34.
Nano Nuclear acquired a 23,537 square foot demonstration and office facility to support the development of its KRONOS microreactor energy system in Oak Brook, Ill.
The New York headquartered microreactor company purchased the facility, which includes 7,400 square feet of non-nuclear demonstration space, for $3.5 million according to its July 30 press release.
The facility will have up to 60 nuclear engineers, researchers and support staff to assess component construction and testing for the KRONOS microreactor. The location will serve as a base to collaborate with the University of Illinois Urbana-Champaign on the development and licensing of the KRONOS reactor.
Secretary of Energy Chris Wright joined several members of the South Carolina congressional delegation this week to officially open the Savannah River National Laboratory’s new offsite Advanced Manufacturing Collaborative.
The national laboratory will operate the 63,000-square-foot research center although it will be located at the university, DOE said in a Thursday press release.
The $66-million project was launched during the first Donald Trump administration and built by North Wind Group largely during the Joe Biden administration.
Helion Energy announced it has begun site work for its first fusion nuclear plant, Orion, in Malaga, Wash.
The Washington state-based fusion energy company previously reached the fuel temperature of 100 million degrees celsius with its fusion prototype Trenta which is the temperature considered the required temperature for a commercial fusion plant, Helion said in its July 30 press release.
Helion said its 7th generation prototype Polaris is expected to demonstrate the first electricity produced by fusion. In 2023, Helion signed a power purchase agreement to provide energy to Microsoft by 2028, with Constellation Energy serving as the power marketer.