In its mission to deploy Sweden’s first SMR—and start the nation’s first new reactor construction in more than 40 years—Blykalla has raised the second half of its Series A round. The 80M SEK ($7.7M) in new funding doubles the total size of the Series A to 160m SEK ($15.5M). The investors in the round extension […]
Serial entrepreneur Liz Muller has a new vision for the nuclear energy sector: putting SMRs deep underground. The idea might sound crazy, but Muller has spent enough time thinking about the benefits of boreholes—narrowly drilled holes in rock that can be used to place items, including machinery, one mile or more below the Earth’s surface—that […]
Ghana took the next step toward its nuclear energy goals Thursday, striking an agreement with a US nuclear tech project developer to build the country’s first nuclear power plant—and an SMR at that. The details: Regnum Technology Group and Nuclear Power Ghana signed an agreement during the US-Africa Nuclear Energy Summit to deploy one NuScale […]
There’s a wealth of new data on global nuclear power generation and development. This week, two important annual reports on the nuclear sector from IAEA and the World Nuclear Association hit the shelves—so to speak—and revealed in new detail how the globe’s atomic power production is going. All in all, nuclear power generation is up, […]
With the amount of goods traveling every day on massive container ships across the oceans, it stands to reason that those ships could use a nuclear boost—and developers of Gen IV reactors want to make it happen. This week, UK-based nuclear startup Core Power announced that it entered into an agreement with Lloyd’s Register, a […]
A recent shake-up in Japan’s nuclear sector spurred a watchdog agency to decide against restarting a reactor, citing concerns over seismic risks. A Nuclear Regulation Authority panel said determining the safety of a reactor at the Tsuruga nuclear power plant is difficult because it’s located over a fault. It’s the first rejection of a reactor […]
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 […]
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.
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 […]
