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SMR developer Arc Clean Technology has signed a memorandum of understanding with Deep Atomic to jointly explore deployment opportunities across North America.
The Gateway for Accelerated Innovation in Nuclear (GAIN) announced December 19 that seven firms will get vouchers to access the nuclear research facilities and expertise of the national laboratory complex in the first round of fiscal year awards. Each company is paired with one or more national laboratories to work on concepts from advanced reactor fueling to fuel recycling to climate forecasting.
Small modular reactor developer ARC Clean Technology, Canadian utility New Brunswick Power, and nuclear plant operator Korea Hydro & Nuclear Power have signed a memorandum of understanding to explore opportunities for commercializing ARC technology in Canada, South Korea, and the United States, as well as in other regions where KHNP has business operations.