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TOKYO--(BUSINESS WIRE)--Helical Fusion raised USD 5.5M to advance Japan’s unique Helical Stellarator and its roadmap toward a commercially viable fusion power plant....

PETERBOROUGH, Ontario--(BUSINESS WIRE)--Westinghouse Electric Company and PROMATION Ltd have signed a memorandum of understanding (MoU) to support nuclear new-build projects in Canada and globally. Under the agreement, PROMATION has the potential to provide robotics, tooling and equipment for AP1000® and AP300™ projects. “We are delighted to formalize this memorandum of understanding with Westinghouse which symbolizes our shared values of genuine collaboration and continued excellence. This MoU...

BERKELEY, Calif.--(BUSINESS WIRE)--Deep Fission, Inc. (“Deep Fission” or the “Company”), a pioneering advanced nuclear energy company placing small modular pressurized water reactors in boreholes one mile underground, announced today that it has selected the Great Plains Industrial Park in Parsons, Kansas, as the site of its advanced reactor pilot project. Deep Fission will hold a groundbreaking ceremony on Tuesday, December 9, 2025, marking a significant milestone in the Company’s first demons...

CHICAGO--(BUSINESS WIRE)--ComEd today announced that over $803 million will be returned to customers under the framework established in Illinois’ Climate and Equitable Jobs Act (CEJA) enacted in 2021, which requires nuclear plants to pay customers when prices are high. ComEd residential and commercial customers can expect to benefit from these funds in the form of bill credits, with the average residential customer expected to receive approximately $13 a month, depending on usage, over the firs...

NEW YORK--(BUSINESS WIRE)--Hadron Energy, Inc. (“Hadron”) today announced that the U.S. Nuclear Regulatory Commission (the “NRC”) has formally accepted for review the company’s Quality Assurance Program Description (“QAPD”) Topical Report, marking a critical regulatory milestone in Hadron’s licensing pathway for the Halo Micro-Modular Reactor (“MMR”). The NRC’s acceptance for review follows its completeness determination of the submitted QAPD Topical Report and establishes the agency’s initial...

IDAHO FALLS, Idaho--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) joined today with Idaho National Laboratory, the U.S. Army and the Department of War Strategic Capabilities Office to announce the arrival at INL of TRISO nuclear fuel for the Project Pele microreactor. The full Pele prototype will be tested at INL. Project Pele is the pathfinder for advanced microreactors and is focused on designing, building and testing a 1.5-megawatt transportable power system. Pele is a Generation IV h...

DALLAS--(BUSINESS WIRE)--KE Andrews announced today that Thomas Le has joined the firm as Director of Cost Segregation. In this role, Thomas will guide the continued expansion of the Cost Segregation practice and support the increasing demand from property owners seeking a unified tax strategy that supports every stage of development and ownership. Across commercial real estate and complex industries, owners are placing greater emphasis on integrating all major tax disciplines into a single coo...

WASHINGTON--(BUSINESS WIRE)--Antares, an advanced nuclear energy startup, today announced the close of its $96 million Series B funding round. The round was led by Shine Capital, with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors. The round consists of $71M in new equity capital and $25M in debt for equipment, factory build-out, and uranium procurement. Antares CEO Jordan Bramble said the new capital will fuel the company’s mission to deliver...

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital Investors (“Windjammer”) is pleased to announce the sale of its portfolio company Paragon Energy Solutions (“Paragon” or the “Company”) to Mirion Technologies, Inc. (NYSE: MIR, “Mirion”). Based in Fort Worth, Texas, Paragon is a leading provider of highly engineered solutions for large-scale nuclear power plants and small modular reactors (“SMRs”). The Company provides a wide range of products including electrical, sens...

CAMBRIDGE, Ontario--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) announced today that it will provide Owner’s Engineer (OE) services at Bulgaria’s New Build Kozloduy Nuclear Power Plant, Units 7 & 8, as part of a three-party consortium. The other parties are Laurentis Energy Partners and its subsidiary Canadian Nuclear Partners S.A. The full contract spans approximately ten years and is valued at hundreds of millions of euros. The Bulgarian government is proposing to build two Westi...