Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced…
nuclear fuel
Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which…
The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched…
The U.S. Dept. of Energy (DOE) announced six companies have successfully bid to provide deconversion services for high-assay low-enriched uranium (HALEU) fuel to support advanced nuclear reactors. The DOE on…
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The…
The White House has unveiled a suite of new measures aimed at slashing risks associated with new nuclear reactor development and construction, underscoring its policy push to champion nuclear. At…
High-burnup fuel rods, manufactured by GE Vernova’s Nuclear Fuel business, Global Nuclear Fuel (GNF), have been delivered to the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) for…
The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for…
Nuclear energy is surging back in a big way. Case in point: Energy Secretary Jennifer Granholm’s comments last week on plans to restart the Palisades nuclear power plant in Michigan.…
The Nuclear Regulatory Commission (NRC) has directed its staff to publish a proposed rule and draft guidance to create Part 53, a much-awaited risk-informed and technology-inclusive licensing framework geared toward…