TAE Technologies may have just unlocked a new application for fusion power: capturing carbon directly from the atmosphere. This week, the California fusion startup signed a memorandum of understanding with Oxy Low Carbon Ventures to look into supplying fusion power and heat to direct air capture (DAC) facilities that would filter carbon emissions straight out […]
Xcimer Energy has topped the year-to-date record for a fusion company fundraise with its $100M Series A.
Curtiss-Wright Corp., a provider of high-tech parts and services for aerospace and defense, commercial power, and industrial markets, announced plans on Monday to acquire Ultra Energy for $200M in cash.
This morning, Last Energy, a US company developing a scaled-down, manufacturable, shippable nuclear reactor, announced that it’s partnering with the NATO Energy Security Centre of Excellence to research how micro-nuclear tech could fit the alliance’s needs.
The US nuclear fleet is seeking a new lease on life. Constellation Energy, the nation’s largest nuclear operator, has filed two plant renewal applications with the NRC since the start of 2024, with more than half its fleet expected to follow suit over the next decade.
You’ve heard of nuclear plants powering the data needs of AI. Now, get ready for AI to help the nuclear sector in return.
NuScale Power Corp. ($SMR), an Oregon-based SMR developer, posted Q1 financial results on Thursday, highlighting the company’s continued struggles following losses in 2023.
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 […]
Oklo, a fast fission startup, has completed its SPAC merger with AltC Acquisition Corp.. Tomorrow, the combined company—now known as Oklo Inc.—will begin trading on the NYSE under the ticker “OKLO.” Oklo joins other advanced SMR companies on the public market, including NuScale and BWX Technologies. Not all sunshine: The road ahead for a nuclear […]
Rolls-Royce has reversed course on its plan to construct at least one nuclear facility in the UK, citing ongoing delays in a government design competition for its SMR program. The initial proposal included two factories, but the company is scrapping plans for a pressure vessel manufacturing facility due to time constraints. Rolls-Royce will now procure […]
