NANO Nuclear Energy officially hit the NASDAQ yesterday and is trading under the ticker $NNE. Jay Yu, NANO’s founder, executive chairman, and president, told Ignition that the company is going public early in its lifetime so that it can “grow with the public,” taking advantage of current investor enthusiasm for nuclear energy rather than pursuing […]
The Canadian provinces of Alberta and Saskatchewan have individually explored nuclear power generation. Now, they plan to pool their resources in the name of clean energy production and decarbonization.
The US is shutting its doors to Russian uranium. This week, the Senate unanimously passed a near-total ban on imports of the nuclear fuel from Russia, seeking to sever ties and apply pressure as the country continues its war in Ukraine. “Our bipartisan legislation will help defund Russia’s war machine, revive American uranium production, and […]
France announced last week that the European Commission approved its bid to grant €300M ($321.6M) in aid to Electricité de France (EDF) Nuward subsidiary as it develops SMR technology.
This week, the DOE, the Department of the Treasury, and the IRS jointly awarded X-energy’s fuel-focused subsidiary, TRISO-X, a $148.5M tax credit through the Inflation Reduction Act of 2022. The credit is meant to support construction of a tri-structural isotropic (TRISO) fuel production facility in Oak Ridge, TN.
Curio Legacy Ventures has secured $14M in new funding to support the development of its nuclear fuel recycling systems, the company announced on Thursday.
Across a few of its business arms, Rolls-Royce has been working on building nuclear systems that can keep things running in the space environment. Now, the company has secured a contract with NASA to develop additional supporting technology for those spacecraft.
A Swedish SMR developer just got funding to take the next step in development. Blykalla announced this week that it secured 80M SEK ($7.3M) in new funding from investors.
The final hot reactor at the Zaporizhzhya nuclear plant in Ukraine is in cold shutdown after the site was targeted by a drone on Tuesday—an escalation of the conflict that could put the plant in jeopardy.
Even as the nuclear renaissance emerges, the fact remains that fossil fuels aren’t going anywhere. But that doesn’t mean that nuclear producers can’t wedge themselves into the oil market.
