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AtkinsRéalis partners with First American Nuclear
Indianapolis-based reactor development start-up First American Nuclear (FANCO) announced on May 13 that it has entered into a strategic alliance with Montreal-based nuclear engineering company AtkinsRéalis.
Together, the companies now plan to jointly develop, test, and license FANCO’s EAGL-1 reactor design. For FANCO, the agreement comes as a chance to bring in a partner with decades of experience in nuclear project development. For AtkinsRéalis, the partnership provides the opportunity to establish a presence in Indiana.
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The Electric Power Research Institute (EPRI) conducts research, development, and demonstration projects for the benefit of the public in the United States and internationally. As an independent, nonprofit organization for public interest energy and environmental research, we focus on electricity generation, delivery, and use in collaboration with the electricity sector, its stakeholders and others to enhance the quality of life by making electric power safe, reliable, affordable, and environmentally responsible.