General Fusion’s LM26 demonstration device. (Photo: General Fusion)
General Fusion has entered into a definitive business combination agreement with Spring Valley Acquisition Corp. (SVAC) that would make General Fusion the first publicly traded pure-play fusion firm, the company announced on January 22. The business combination is projected to be completed in mid-2026.
A rendering of Type One Energy’s HHF facility depicting the high-temperature helium loop (left) and the vacuum vessel (center). (Source: Type One Energy)
Yesterday, Oak Ridge National Laboratory announced that it is in the process of partnering with Type One Energy and the University of Tennessee–Knoxville. That partnership will have one primary goal: to establish a high-heat flux facility (HHF) at the Tennessee Valley Authority’s Bull Run Energy Complex in Clinton, Tenn.
Hermes under construction in Oak Ridge, Tenn.
Kairos Power has finalized a contract with the Department of Energy to receive high-assay low-enriched uranium (HALEU) from the agency for the company’s Hermes low-power demonstration reactor, currently under construction in Oak Ridge, Tenn.
In partnership with Los Alamos National Laboratory, Kairos intends to use the DOE-provided material to produce HALEU TRISO fuel pebbles for Hermes. The company views the Hermes test reactor and the fuel fabrication program as crucial to the eventual success of its power-producing Hermes 2 demonstration plant, also to be sited in Oak Ridge, and future commercial fluoride salt–cooled high-temperature reactors.
Kashiwazaki-Kariwa nuclear power plant with Units 5–7 in view. (Photo: Tokyo Electric Power Company Holdings)
Update: Operation of Unit 6 at Kashiwazaki Kariwa nuclear power plant in Japan’s Niigata Prefecture was suspended Thursday morning after its initial restart on the evening of Wednesday, January 21. According to TEPCO spokesperson Takashi Kobayashi, an alarm sounded “during reactor start-up procedures.” The cause is currently under investigation, but there is no danger inside or outside the plant. Plant chief Takeyuki Inagaki said at a news conference, “The equipment is essential to safe operation, and we will examine it inside-out.”
Concept art of LIS Technologies’ commercial enrichment facility on Duct Island. (Source: LIS Technologies)
On January 16, Tenn. Gov. Bill Lee, Deputy Gov. Stuart McWhorter, and officials from Laser Isotope Separation Technologies announced the company’s plans to expand in Oak Ridge, Tenn. That expansion will come with a $1.38 billion investment from LIS Technologies for what the company says will be the first commercial laser uranium enrichment plant in the United States.
Representatives of the founding members of the Maritime Nuclear Consortium. From left, Nick Tomkinson, Global Nuclear Security Partners; Simon Williams, Rolls-Royce; Blair Jamieson, Babcock International Group; Mark Tipping, Lloyd’s Register; Kirsti Massie, Stephenson Harwood; and Mike Salthouse, NorthStandard. (Photo: Lloyd’s Register)
London-based professional services organization and maritime classification society Lloyd’s Register has brought together a group of experts from the U.K. nuclear, maritime, insurance, and regulatory sectors with the primary goal of establishing international standards “for safe, secure, and commercially viable nuclear-powered ships.”
This Maritime Nuclear Consortium includes Lloyd’s Register as the group’s lead, safety administrator, and secretariat; Rolls-Royce, specializing in advanced reactor design; Babcock International Group (ship design, construction, and support); Global Nuclear Security Partners (security and safeguards); Stephenson Harwood (legal and regulatory issues); and NorthStandard (insurance).
Wisconsin’s Kewaunee nuclear power plant as it appeared in May 2025. (Photo: EnergySolutions)
Utah-based EnergySolutions announced on January 15 that it has submitted a notice of intent to the Nuclear Regulatory Commission, confirming that the company plans to submit an application for a “major licensing action” for new nuclear generation at the closed Kewaunee nuclear power plant in Wisconsin. Applications for an early site permit, construction permit, or combined license are currently being evaluated, the company said.
U.S. Energy Secretary Chris Wright (right) and Slovak Prime Minister Robert Fico (left) signed an IGA on January 16, 2026. (Photo: Chris Wright/@SecretaryWright/X)
On January 16, Energy Secretary Chris Wright and Slovak Prime Minister Robert Fico signed an intergovernmental agreement to cooperate on the development of Slovakia’s civil nuclear power program. This agreement spans a variety of civil nuclear activities, but especially notable is the inclusion of a plan to develop an American 1,200-MWe commercial power reactor at Bohunice nuclear power plant.
Concept art of Nano’s Loki MMR. (Source: Nano Nuclear)
Nuclear power in space is back in the news for the second time this week as microreactor start-up Nano Nuclear has released a request for information to identify organizations that may support the company in the development of its Loki micro modular reactor. The company’s goal is eventual deployment of Loki on the lunar surface.
Research team members at PNNL pose with their UGES prototype, including (from left) James Ely, Riane Stene, Nikhil Deshmukh, Mital Zalavadia, Benjamin McDonald, Grey Batie, and Rodrigo Guerrero. (Photo: Andrea Starr/PNNL)
A uranium enrichment monitor developed by a team at Pacific Northwest National Laboratory will soon be undergoing testing for nonproliferation applications at the International Atomic Energy Agency Centre of Excellence for Safeguards and Non-Proliferation in the United Kingdom. A recent PNNL news article describes how the research team, led by nuclear physicist James Ely, who works within the lab’s National Security Directorate, developed the UF6 gas enrichment sensor (UGES) prototype for treaty verification and other purposes.
Concept illustration of a transportation cask being unloaded at a federal spent fuel storage facility. (Image: DOE)
The Department of Energy’s Office of Nuclear Energy announced the establishment of the Center for Used Fuel Research (CUFR), to be hosted at the Idaho National Laboratory and focused on spent nuclear fuel performance, canister aging, and the fostering of innovation and collaboration.
According to the DOE, the CUFR is designed to be a national and international hub for applied research that supports and maintains compliance and advances public confidence in the safe storage and transportation of both commercial and DOE-managed spent fuel.
Gov. Hochul delivers her 2026 State of the State address in Albany, N.Y. (Photo: Darren McGee/Office of Gov. Kathy Hochul)
In June of last year, New York Gov. Kathy Hochul called on the New York Power Authority—the state's public power utility—to add at least 1 GW of new capacity to the electrical grid through the construction of an advanced nuclear power plant in upstate New York to support the state’s decarbonization goals.
It was good news for the nuclear community, to be sure, but in Hochul's State of the State address in Albany earlier this week, she made that objective sound almost unambitious.