Newcleo Attracts Interest from Italian Government in Nuclear Revival Effort
The Italian government has expressed readiness to invest in Newcleo, a startup developing lead-cooled fast reactors, as part of a broader push to revive nuclear power. This marks a historic policy shift, with Italy returning to the nuclear stage after decades of dormancy.
TerraPower Signs Deal with Hyundai to Scale Natrium Reactor Manufacturing
In a major step toward commercialization, TerraPower has signed an agreement with Hyundai Engineering & Construction to scale up manufacturing of key components for the Natrium reactor. The deal strengthens TerraPower’s supply chain and reinforces its path to timely deployment of advanced reactors.
X-Energy, Oklo, and BWXT Race to Secure SMR Fuel Supply Chain
As SMR deployment nears, firms like X-Energy, Oklo, and BWXT are racing to secure high-assay low-enriched uranium (HALEU) and other critical materials. With the global supply chain underdeveloped, the race underscores a key bottleneck in the next-gen nuclear rollout.
Nuclearis and DeepGeo Partner to Drive Innovation in Latin American Nuclear Tech
Argentine engineering firm Nuclearis has signed an MoU with Canadian startup DeepGeo to explore joint development of waste management and subsurface reactor technologies. The collaboration reflects growing Latin American interest in homegrown nuclear solutions.
Seaborg Rebrands and Expands Board to Strengthen SMR Strategy
Danish SMR startup Seaborg Technology has rebranded as simply Seaborg and added new board members, signaling a strategic evolution as it prepares for compact molten salt reactor deployment on a global scale.
Moltex Energy Placed into Administration Amid Operational Setbacks
In a surprising turn, Moltex Energy, the Canadian-British developer of molten salt reactors, has been placed into administration, raising questions about the future of its technology and casting a shadow over its plans for commercialization.
eVinci Achieves Pre-Licensing Milestone in Canadian SMR Development
Westinghouse’s eVinci microreactor has reached a pre-licensing milestone with the Canadian Nuclear Safety Commission, a step that strengthens its position in the race to deliver deployable microreactor technology across remote and off-grid locations.
Westinghouse Partners with Urenco to Fuel eVinci Microreactor
Westinghouse and Urenco have signed an agreement for the supply of nuclear fuel for the eVinci microreactor. The partnership addresses a critical supply chain need for HALEU, bolstering eVinci’s commercial readiness and deployment prospects.