USNIC News

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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USNIC Key Mover Update   TerraPower and Centrus Expand Efforts to Commercialize Domestic HALEU Production

TerraPower and Centrus Energy Corp. (NYSE American: LEU) announced today a new memorandum of understanding (MOU) to significantly expand their collaboration aimed at establishing commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU) to supply TerraPower’s first-of-a-kind NatriumTM reactor[1] and energy storage system.

July 7, 2023
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USNIC Key Mover Update Orano’s NUHOMS EOS System Approved for Storing Used Nuclear Fuel with Higher Enrichments, Higher Heat Loads, and One-year Cooling

Orano received approval from the Nuclear Regulatory Commission for Amendment No. 3 of the NUHOMS® EOS® Dry Spent Fuel Storage System Certificate of Compliance No. 1042, which will become effective on July 17, 2023.

June 11, 2023
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USNIC Key Mover Update Biden Administration Announces Global Public-Private Commitment Up to $275 Million to Advance NuScale VOYGR Deployment in Romania at G7 Leaders Summit

On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.

May 22, 2023
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USNIC Key Mover Update Holtec Receives U.S. NRC’s License for Building and Operating America’s First Below-Ground Consolidated Interim Storage Facility for Used Nuclear Fuel

We are pleased to announce that the U.S. Nuclear Regulatory Commission (NRC) has issued the final license to build and operate the HI-STORE Consolidated Interim Storage Facility (CISF) to Holtec International on the land provided by the Eddy Lea Energy Alliance (ELEA), a regional economic development authority in Southeast New Mexico.

May 10, 2023
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USNIC Key Mover Update Orano, KEPCO E&C, and SeAH Extend Partnership for Developing Used Nuclear Fuel Dry Storage in Korea

Orano TN Americas, KEPCO E&C, and SeAH Besteel Co. recently expanded their industrial partnership by signing a Memorandum of Understanding (MOU) with additional Korean entities for manufacturing and delivering dry storage of used nuclear fuel serving South Korea’s current and future needs.

May 9, 2023
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USNIC Key Mover Update Westinghouse Unveils Game-Changing AP300™ Small Modular Reactor for Mid-Sized Nuclear Technology

Westinghouse Electric Company today launched its newest nuclear technology, the AP300™ small modular reactor (SMR), a 300-MWe single-loop pressurized water reactor. The AP300 SMR design is scaled from the advanced, proven AP1000® reactor and is the only SMR truly based on an Nth-of-a-kind operating plant.

May 4, 2023
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USNIC Key Mover Update Ultra Safe Nuclear, Hyundai Engineering, SK ecoplant Sign MOU for Clean Hydrogen Production

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, Hyundai Engineering (Representative Director Hong Hyun-sung) and SK E&C (Representative Director Park Kyung-il) are teaming up to conduct research and development for carbon-free hydrogen production. The three companies signed an MOU on Thursday, April 20th for the construction of a "Hydrogen Micro Hub" at the SK E&C headquarters in Seoul's Jongno-gu.

April 20, 2023
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USNIC Key Mover Update Terrestrial Energy Achieves Breakthrough with Completion of Molten Salt Reactor Regulatory Review

Terrestrial Energy has achieved a breakthrough in the commercial development of its Integral Molten Salt Reactor (IMSR) power plant, with the Canadian Nuclear Safety Commission’s (CNSC) completion of Phase 2 of the pre-licensing Vendor Design Review (VDR). This is the first advanced, high-temperature fission technology to complete a review of this type.

April 18, 2023
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USNIC Key Mover Update Tennessee Valley Authority, Ontario Power Generation, and Synthos Green Energy Invest in Development of GE Hitachi Small Modular Reactor Technology

GE Hitachi Nuclear Energy (GEH), Tennessee Valley Authority (TVA), Ontario Power Generation (OPG) and Synthos Green Energy (SGE) are teaming up to advance the global deployment of the GEH BWRX-300 small modular reactor (SMR).

March 23, 2023
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USNIC Key Mover Update Curio Solutions Awarded GAIN Voucher to Advance New Spent Fuel Recycling Process

The Gateway for Accelerated Innovation in Nuclear (GAIN) awarded a voucher today to Curio Solutions to support the development of the company’s new recycling process for spent nuclear fuel. The voucher provides access to the research capabilities and expertise at Idaho National Laboratory (INL) to help advance their project.

March 22, 2023
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USNIC Key Mover Update BWXT Awarded Engineering Contract from GE Hitachi for BWRX-300 Small Modular Reactor

BWX Technologies, Inc. (NYSE: BWXT) today announced an engineering contract awarded by GE Hitachi Nuclear Energy (GEH) for its BWRX-300 small modular reactor (SMR) reactor pressure vessel (RPV).

March 21, 2023
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