A stylized rendering of a FANCO Energy Park. (Image: FANCO)
First American Nuclear Co., developer of the 240-MWe EAGL-1 reactor, has announced its intention to make its own advanced reactor fuel. The Indianapolis-based company has filed a regulatory engagement plan with the Nuclear Regulatory Commission for the construction of a Category II high-assay low-enriched uranium deconversion and fuel fabrication facility, and the NRC has docketed the plan for consideration.
A depiction of a potential First American Nuclear “energy park.” (Image: FANCO)
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.