Here is a recap of recent industry happenings:

ADVANCED REACTOR MARKETPLACE

Agreement signed on advanced nuclear technology in space

Texas-based space technology and orbital logistics developer Space Ocean Corporation and New Mexico–­based space nuclear power systems developer Space Nuclear Power Corporation (SpaceNukes) have signed a letter of intent to explore the integration of advanced nuclear reactor technology into future space missions. Space Ocean agreed to test SpaceNukes’ 10-kilowatt microreactor aboard its ALV-N satellite and, if performance criteria are met, to use SpaceNukes as a core supplier of reactors for future Space Ocean lunar and planetary missions. The companies also agreed to examine the integration of fluid delivery systems with reactor modules, to collect operational data to support technology readiness certification, and to form a joint working group to pursue additional space infrastructure and commercial opportunities.

The International Atomic Energy Agency is inviting young professionals under 35 years of age to submit essays on innovations in the nuclear fuel supply chain, covering topics from uranium exploration to the recycling of spent nuclear fuel.

Along with several other nations, Canada has committed to net-zero emissions by 2050. Part of this plan is tripling nuclear generating capacity. As of 2025, the country has four operating nuclear generating stations with a total of 17 reactors, 16 of which are in the province of Ontario. The Independent Electricity System Operator has recommended that an additional 17,800 MWe of nuclear power be added to Ontario’s grid.

Six universities in Africa, Asia, Latin America, and the Caribbean now offer postgraduate courses in nuclear law with support from the International Atomic Energy Agency, expanding legal education in the nuclear community.

One of the executive orders issued by President Trump in November —“Launching the Genesis Mission”—focuses on a national effort to accelerate the use of AI in scientific research. The Genesis Mission EO preceded a reorganization of the Department of Energy and further tightens links between science and security under the administration’s quest for “global technology dominance in the development of artificial intelligence.”

In a recent press release, the Department of Energy announced an organizational realignment aimed at “expanding American energy production, accelerating scientific and technological leadership, and ensuring the continued safety and readiness of the nation’s nuclear weapons stockpile.”

Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to help continue the expansion of its supply chain and the commercial pipeline for its Xe-100 advanced small modular reactor and TRISO-X fuel, according the company.

Hideyo Hanazumi, governor of Niigata Prefecture in Japan, has approved the restart of two reactors at Kashiwazaki-Kariwa nuclear power plant. The seven-unit facility, operated by Tokyo Electric Power Company, is the largest nuclear power plant in the world. It has been shut down since the March 2011 earthquake and tsunami struck the country, severely damaging TEPCO’s Fukushima Daiichi plant.

The Nuclear Regulatory Commission announced that it has received the first portion of a construction permit application from Oklo subsidiary Atomic Alchemy that requests permission to build four nonpower reactors for a radioisotope production facility at Idaho National Laboratory. The submission is now available for public inspection on the NRC website.

The U.S. nuclear industry is standing at its most volatile regulatory moment yet—one that will shape the trajectory and the safety of the industry for decades to come. Recent judicial, legislative, and executive actions are rewriting the rules governing the licensing and regulation of nuclear power reactors. Although these changes are intended to promote and accelerate the deployment of new nuclear energy technologies, the collision of multiple legal shifts—occurring simultaneously and intersecting with profound technological uncertainties—is overwhelming the Nuclear Regulatory Commission and threatening to destabilize investor and industry expectations.