Blue Laser Fusion is hard at work building a fusion generator it plans to commercialize within the decade. Yesterday, the company announced the closing of a $37.5M seed round to advance its growth and tech development.
Pushing the fusion industry forward is all about public-private partnerships. At least, that’s the high-level takeaway from a meeting of UK and US fusion leaders yesterday in Washington, DC.
NuScale ($SMR) posted its Q4 and FY2023 financial results on Thursday. It was a tough year for the SMR developer, which missed its earnings targets in each quarter of 2023 and shuttered its much-anticipated Carbon Free Power Project in November. The company reported a $56.4M net loss in Q4 and a $180.1M net loss over […]
You’re not seeing double. Though this year’s appropriations for the DOE just became law, time marches on, and the Biden administration released its budget request for fiscal year 2025 this week.
Tokamak Energy, a UK-based fusion company, is developing an updated laser measurement technology to improve its ST40 fusion machine.
A newly reopened US reprocessing plant is shipping its first batch of uranium after a 16-year hiatus. enCore Energy Corp. has produced the first shipment of reprocessed uranium produced at the Rosita plant in South Texas. The Rosita plant is acting as a central processing site for a handful of sites across the state, turning […]
Amazon is taking the nuclear route to power its next data center project.
Deep Isolation and its partners have built a first prototype of a nuclear waste disposal canister. It’s an important step toward a working system to safely dispose of spent fuel in boreholes deep beneath the Earth’s surface. Buried deep: Deep Isolation is on a mission to develop a long-term solution for disposing of nuclear waste […]
The US doesn’t recycle its nuclear fuel. Instead, once it’s been used for a few years in a light water reactor (LWR), spent uranium sits in dry cask storage at one of the 70+ storage sites in the US, collecting dust. For companies with experience turning spent fuel from reactors into medical isotopes or usable […]
A bipartisan bill to address NRC fees and timelines, the Atomic Energy Advancement Act, passed in the House yesterday by a vote of 365-36.
