BWXT Advanced Fuels, LLC will be dedicated to the commercialisation of advanced nuclear fuel, such as TRISO, and will pursue partnerships to deliver commercial nuclear fuel for advanced nuclear reactors.

With more than USD136 million of funding secured to date, the company's CEO says it now has the capital to build its first nuclear power plant, the Aalo-X.

 

Swedish lead-cooled small modular reactor technology developer Blykalla and the Research Institutes of Sweden have signed a memorandum of understanding to partner on accelerating the development of advanced nuclear reactors in the country.

The newly announced collaboration includes a first-of-a-kind power purchase agreement between Kairos Power and the Tennessee Valley Authority that will see Kairos Power's Hermes 2 reactor deliver power to the grid for Google's data centres, with plans to increase the demonstration unit's output.
 

X-energy Reactor Company has signed an agreement with the Defense Innovation Unit and the Department of the Air Force to advance the development of its commercial microreactor ahead of its deployment at Department of Defense installations to support US national security.
 

In a move to diversify its power supplies, data centre developer and operator Equinix has signed a preorder agreement for the purchase of 20 of Radiant's Kaleidos microreactors and intends to sign a power purchase agreement with Dutch nuclear energy development company ULC-Energy.

An assessment programme has been submitted to the Governor of Svalbard for the construction of a small modular reactor power plant on the Norwegian Arctic archipelago, marking the first formal step towards building the facility.
 

Nuclear Power Corporation of India Limited has signed a memorandum of understanding with Engineers India Limited for the provision of engineering services towards the development of conceptual design and engineering of structures, systems and components of the Bharat Small Modular Reactor.
 

The US Department of Energy has announced its initial selection of 11 advanced reactor projects for the Nuclear Reactor Pilot Program, which aims to see at least three of them achieve criticality in less than one year from now.
 

Norwegian nuclear project developer Norsk Kjernekraft and energy developer Ocean-Power are to cooperate on the development of concepts of floating nuclear power plants based on small modular reactors.
 

California-based Radiant said an agreement it has signed with the Defense Innovation Unit and the Department of the Air Force is the first-ever deal designed to deliver a mass-manufactured nuclear microreactor to a US military base.
 

India's government has set out the key features of its Nuclear Energy Mission to achieve 100 GWe of nuclear capacity by 2047, featuring plans for new large capacity reactors as well as small modular reactors.