With the signing of a memorandum of understanding between U.S. Secretary of State Marco Rubio and Malaysian Foreign Minister Mohamad Hasan, a nuclear future for Malaysia is back on the table.

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 Helical Fusion, this brings the company’s total capital investment—including grants and loans—to ¥5.2 billion ($35.3 million).

Zeldin

In a recent interview on New York radio station 77 WABC, administrator of the Environmental Protection Agency Lee Zeldin talked with host John Catsimatidis about the near-term future of the domestic nuclear industry and the role the EPA will play in the sector.

Catsimatidis kicked off the interview by asking if the U.S. will be able to reach total energy independence. Zeldin responded by saying that decreasing energy dependence on other countries, especially adversaries, was a top priority for him and the Trump administration.

Sandia National Laboratories is collaborating with the California-based Aeva Technologies, a developer of next-generation sensing and perception systems, on the development of technology for strengthening security at U.S. nuclear reactor sites.

As the U.K. government looks to finalize investment decisions for the construction of the Sizewell C nuclear power plant this summer, France’s state-owned EDF has announced plans to take a 12.5 percent stake in the project and commit up to £1.1 billion ($1.5 billion) in funding.

Chris Wagner has more than 40 years of experience in nuclear medicine, beginning as a clinical practitioner before moving into leadership roles at companies like Mallinckrodt (now Curium) and Nordion. His knowledge of both the clinical and the manufacturing sides of nuclear medicine laid the groundwork for helping to found Eden Radioisotopes, a start-up venture that intends to make diagnostic and therapeutic raw material medical isotopes like molybdenum-99 and lutetium-177.

Bellevue, Wash.–based TerraPower has awarded three supplier contracts to U.S. companies to support its Natrium demonstration project, construction of which began in June 2024 in Kemmerer, Wyo. The new contracts represent the fifth round of procurement awards for the Natrium project.

Shine Technologies has been developing fusion-adjacent technologies in Janesville, Wis., including nuclear fuel recycling, since its founding in 2005. Standard Nuclear of Oak Ridge, Tenn., was formed just last year but holds a TRISO fuel production technology backed by years of research and development since it acquired Ultra Safe Nuclear’s fuel manufacturing assets after that company’s bankruptcy in October 2024. Now, Shine and Standard Nuclear have announced plans to work together on a “strategic partnership to advance nuclear fuel recycling and U.S. fuel security.”

Texas-based Vistra Corporation has announced that its license renewal application for the Perry nuclear power plant was approved by the Nuclear Regulatory Commission. The plant first connected to the grid in 1986 and is still operating under its original 40-year license, which was set to expire next year.

A recent appropriation from the Texas legislature and signed by Gov. Greg Abbott directs funding to Texas Tech University to accelerate “produced water” research in partnership with Abilene Christian University and Natura Resources and to complete the construction of a molten salt research reactor at ACU.

The International Atomic Energy Agency has initiated a coordinated research project that will combine an “innovative, non-invasive, and scalable nuclear technique”—gamma-ray spectrometry (GRS)—with drones and satellite imagery to gather and analyze data that can reveal the quality of soil on agricultural lands around the world.

The Nuclear Regulatory Commission has whittled down the timeline for reviewing TerraPower’s construction permit application for Kemmerer Power Station Unit 1 in Wyoming. Announcing a new, more aggressive schedule, the NRC said it aims to complete its review by the end of 2025, eight months earlier than originally planned.

Westinghouse Electric Company announced that it has signed a $180 million contract with the ITER Organization for the assembly of the vacuum vessel for the fusion reactor being built in southern France. Designed to demonstrate the scientific and technological feasibility of fusion power, the ITER tokamak will be the world’s largest experimental fusion facility.

Global Laser Enrichment announced that it has submitted its safety analysis report to the Nuclear Regulatory Commission for the planned Paducah Laser Enrichment Facility (PLEF). This follows GLE’s December 2024 submission of the plant’s environmental report, now completing GLE’s full license application for NRC review.

Dominion Energy’s V.C. Summer nuclear power plant, in Jenkinsville, S.C., has been authorized to operate for 80 years, until August 2062, following the renewal of its operating license by the Nuclear Regulatory Commission for a second time.

In its June 30 announcement of a new deal to purchase 200 MW from Commonwealth Fusion Systems' (CFS) first ARC fusion power plant planned for Virginia, Google called it “the largest direct corporate offtake agreement for fusion energy” ever. While Google made no mention of its plans for the power, its press release noted that clean energy is needed to reduce data center emissions.

Meeting a deadline set in President Trump’s May 23 executive order “Reforming Nuclear Reactor Testing at the Department of Energy,” the DOE on June 30 updated information on its National Environmental Policy Act (NEPA) rulemaking and published an interim final rule rescinding existing regulations alongside new implementing procedures.

The Department of Energy’s Office of Nuclear Energy announced the recipients of “first call” 2025 Nuclear Science User Facilities (NSUF) Rapid Turnaround Experiment (RTE) awards on June 26. The 23 proposals selected from industry, national laboratories, and universities will receive a total of about $1.4 million. While each project is led by a different principal investigator, some call the same organization home. A total of 17 companies, labs, and universities are represented.

The World Bank and the International Atomic Energy Agency signed an agreement last week to cooperate on the construction and financing of advanced nuclear projects in developing countries, marking the first partnership since the bank ended its ban on funding for nuclear energy projects.