Kairos Power has a second safety-approved reactor design on the books. The company announced this week that its Hermes 2 reactor—the follow-on to the Hermes demo reactor—has passed a key safety review by the NRC, notching a key milestone on the path to a construction permit. Build, baby, build: It’s been about a year since […]
Rolls-Royce has its tech on land, at sea, and in the air, so there’s only one place left to go—space. The company announced this morning that it won a £4.8M ($6.2M) award from the UK Space Agency under the country’s National Space Innovation Programme (NSIP). The award will help Rolls-Royce push forward on developing its […]
Commercial fusion companies brought in $900M in funding over the last year, per the latest annual report from the Fusion Industry Association (FIA).
Russia is still occupying Europe’s largest nuclear power plant, Ukraine’s Zaporizhzhya, and the UN is trying to apply pressure to get it back into Ukrainian control.
This week, Électricité de France (EDF), the French state power company, withdrew its Nuward SMR concept from a key UK program just before the competition’s latest deadline. The Nuward SMR concept is experiencing some growing pains, and the company doesn’t have a design ready for primetime.
The International Thermonuclear Experimental Reactor (ITER), an international collaboration on a fusion test reactor, has delayed its first operations to 2034…nearly half a century after the project was first envisioned in 1986 and nine years after the most recent target start date.
Kairos has notched another milestone on the way to deploying its first Hermes molten salt reactor by completing testing on its first engineering test unit.
There’s a fight brewing in Pennsylvania over the future of an AWS project that would hook a new data center directly up to the Susquehanna nuclear power plant. The story so far: In March, AWS made waves when it announced it had purchased a $650M data center campus from Talen Energy that had a direct […]
NANO Nuclear Energy ($NNE) is having a good week. The newest nuclear energy IPO on the market is trading up nearly 46% since Monday morning and reached an intra-day high of $36.14 per share on Tuesday.
Congress was busy last week talking nuclear energy. A bill that spearheads regulatory changes for both fusion and fission energy has now passed both chambers of Congress and awaits only the president’s signature. The legislation passed under the banner of the Fire Grants and Safety Act, though the bulk of the bill’s text was dedicated […]
