Framatome has signed a sale purchase agreement with Rolls-Royce to acquire its civil nuclear instrumentation and control business, the companies announced on December 7. The I&C business includes all Rolls-Royce activities and teams based in France, the Czech Republic, and China.
Japan’s Helical Fusion raises $15M in Series A funding
Helical Fusion, a private fusion start-up based in Japan, announced it has closed its first round of venture capital financing, securing ¥2.3 billion ($15.6 million) in funding. According to...
MOU signed for Solo microreactor
Paragon Energy Solutions has signed a memorandum of understanding with Terra Innovatum, a developer of micro-modular nuclear reactors, to support the design and integration of instrumentation...
U.K.’s own Rolls-Royce wins SMR competition
Rolls-Royce SMR has emerged as the United Kingdom’s preferred bidder to build the country’s first small modular reactors following a two-year competition, the U.K. government announced...
SHINE to acquire Lantheus’s SPECT business line
SHINE Technologies, a fusion company building what is set to be the world’s largest medical isotope production facility at its Wisconsin campus, announced that it has agreed to acquire the...
Here is a recap of industry happenings from the recent past:ADVANCED REACTOR MARKETPLACE TerraPower’s Natrium reactor advances on several frontsTerraPower has continued making aggressive...
INL’s new innovation incubator could link start-ups with an industry sponsor
Idaho National Laboratory is looking for a sponsor to invest $5 million–$10 million in a privately funded innovation incubator to support seed-stage start-ups working in nuclear energy,...
Framatome opens new fuel workshop for research reactors and medical targets
Framatome announced that it has inaugurated a new workshop dedicated to the fabrication of fuel for research reactors and targets for medical isotopes at the company’s Romans-sur-Isère site...
DOE awards $153M Paducah services contract to North Wind Dynamics
The Department of Energy’s Office of Environmental Management announced it has awarded a contract worth nearly $153 million to North Wind Dynamics for infrastructure support services at the...
EnergySolutions awarded $84.6M in nuclear navy contracts
Utah-based EnergySolutions has announced it has been awarded two contracts worth a combined $84.6 million from the U.S. Navy to support waste management operations across multiple Naval...
Higher enriched nuclear fuel being tested at Vogtle
Southern Nuclear recently loaded nuclear fuel with uranium-235 enriched up to 6 percent—higher than the usual 3–5 percent enrichment—into Vogtle-2 to test it through irradiation....
