USNIC News

USNIC Key Mover Update NAC International Receives U.S. NRC Approval for the OPTIMUS-L to Transport HALEU TRISO Contents

NAC International Inc. (NAC) has received approval from the U.S. Nuclear Regulatory Commission (NRC) for its patented OPTIMUS®-L packaging system (U.S. Pat. No. 11,373,773) to contain and transport High-Assay Low-Enriched Uranium (HALEU) TRISO fuel, which will be used in advanced reactors. This is the first time the NRC has licensed high-capacity packagings (>500 lb payload) of HALEU TRISO fuel in the U.S. and lays the foundation for future licensing of NAC’s OPTIMUS systems to carry other HALEU contents.

January 9, 2024
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USNIC Key Mover Update Pelican Energy Partners Announces Acquisition of Container Technologies Industries, LLC

Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce the acquisition of Container Technologies Industries, LLC from a group of private shareholders. CTI is based in Helenwood, Tennessee and is a manufacturer of containment solutions for the nuclear industry. CTI is a certified HUBZone small-business whose customers include the U.S. Department of Energy, the U.S. Department of Defense and the commercial-nuclear industry.

January 8, 2024
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USNIC Key Mover Update International Nuclear Energy Leader to Expand Facility in Virginia

Framatome to invest $49.4 million in City of Lynchburg facility, creating 515 new jobs

December 14, 2023
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USNIC Key Mover Update NUCLEAR REGULATORY COMMISSION APPROVES CONSTRUCTION PERMIT FOR HERMES DEMONSTRATION REACTOR

The U.S. Nuclear Regulatory Commission (NRC) has voted to issue a construction permit to Kairos Power for the Hermes demonstration reactor to be built at the Heritage Center Industrial Park in Oak Ridge, Tennessee. A critical step on Kairos Power’s iterative pathway to commercializing its advanced reactor technology, the Hermes reactor will demonstrate the company’s ability to deliver clean, safe, and affordable nuclear heat.

December 12, 2023
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USNIC Key Mover Update Curio and Deep Isolation Sign MOU to Advance Nuclear Waste Disposal Technologies

Curio, a trailblazer in nuclear technology solutions, and Deep Isolation, an innovator in nuclear waste disposal, have entered into a Memorandum of Understanding (MOU) to collectively drive forward the development of advanced technologies for efficient and secure disposal of high-level nuclear waste (HLW).

December 7, 2023
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USNIC Key Mover Update TRIGA International To Supply Fuel for MARVEL Microreactor

Contract advances microreactor test bed at Idaho National Laboratory

December 5, 2023
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USNIC Key Mover Update TerraPower and ENEC announce MOU to explore Natrium™ technology deployment

The organizations are exploring the potential for the global commercialization of Natrium reactors.

December 4, 2023
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USNIC Key Mover Update Framatome Inc. and Ultra Safe Nuclear Corporation execute an agreement to establish a joint venture to manufacture fourth-generation reactor fuel

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.

November 28, 2023
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USNIC Key Mover Update Pelican Energy Partners Announces Acquisition of Springs Advanced Technology Group from Machine Build Technologies

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.

November 21, 2023
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USNIC Key Mover Update Centrus Makes First HALEU Delivery to U.S. Department of Energy

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.

November 7, 2023
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USNIC Key Mover Update Orano Announces 30% Increase in Uranium Enrichment Capacity by 2028

$1.8 Billion investment at Orano’s Georges Besse 2 Enrichment facility in France.

October 26, 2023
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USNIC Key Mover Update NASA Announces Nuclear Thermal Propulsion Reactor Concept Awards

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.

October 18, 2023
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USNIC Key Mover Update USNC Awarded $5M NASA Nuclear Propulsion Contract

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.

October 17, 2023
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USNIC Key Mover Update HALEU Demonstration Project Starts Enrichment Operations in Ohio

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.

October 12, 2023
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USNIC Key Mover Update Denetek to Develop Private Small Modular Nuclear Reactors in Ukraine and Support Wider Eastern European Adoption

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.

October 5, 2023
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USNIC Key Mover Update BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming

Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements

September 12, 2023
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USNIC Key Mover Update Holtec and Wolverine Ink Historic Power Purchase Agreement for the Palisades Power Plant

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.

September 12, 2023
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USNIC Key Mover Update Urenco and Orano Sign Consortium Agreement to Develop 30B-X Cylinder for LEU+ and HALEU Fuel Transport

Two versions of the 30B-X cylinder are available depending on the level of uranium enrichment.

September 6, 2023
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USNIC Key Mover Update Oklo Tentatively Selected to Provide Clean and Resilient Power to Eielson Air Force Base

August 31, 2023
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USNIC Key Mover Update BWXT to Manufacture HALEU Feedstock for Advanced Reactors

Under Initial Award of $47 Million, BWXT Will Process NNSA Scrap Material Into Usable HALEU

August 30, 2023
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USNIC Key Mover Update NANO Nuclear Energy Advances Fuel Fabrication Facility Ambitions with Key U.S. Department of Energy (DOE) Submission

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).

August 21, 2023
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USNIC Key Mover Update Deep Isolation Announces New Award with the US Department of Energy on Sequential Advancement of Technology for Deep Borehole Disposal as Part of $9 Million Funding Initiative

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.

August 9, 2023
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USNIC Key Mover Update Curio and Sargent & Lundy Collaborate to Revolutionize Nuclear Fuel Recycling

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.

July 28, 2023
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USNIC Key Mover Update BWXT to Provide Nuclear Reactor Engine and Fuel for DARPA Space Project

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.

July 26, 2023
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USNIC Key Mover Update Energy Northwest and X-energy Sign Joint Development Agreement for Xe-100 Advanced Small Modular Reactor Project

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.

July 9, 2023
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