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Leonardo DRS to Build New Facility in Connecticut, U.S. to Support Growth in Naval Nuclear Propulsion-Related Business

Leonardo DRS announced on August 4 that it has signed an agreement to build a new facility in Brookfield, Connecticut, U.S., to expand and consolidate its naval electric power systems operations. The project aims to increase production capacity, support key U.S. Navy-related programs, and provide space and infrastructure for the company's future growth in the nuclear energy sector. According to the company's disclosure, the new facility is located at 120 Park Ridge Road in Brookfield, covering approximately 141,087 square feet. Once completed, the facility will consolidate operations currently spread across three locations in Danbury and Bethel, Connecticut. The facility is expected to be operational in early 2027, with partial occupancy potentially available by late 2026 if final design and tenant fit-out work proceed smoothly.

2026-08-06

First American Nuclear Company (FANCO) Receives DOE Funding to Accelerate Advanced Nuclear Reactor Development

First American Nuclear Company (FANCO) has received two Rapid Turnaround Experiment (RTE) awards from the U.S. Department of Energy's Office of Nuclear Energy, enabling the company to leverage specialized national laboratory research capabilities to support the development of its EAGL-1 small modular reactor. These awards were granted during the FY2026 RTE selection cycle, which evaluates proposals based on technical superiority, feasibility, and relevance to DOE's nuclear energy programs. The program provides researchers with free access to radiation testing, post-irradiation examination facilities, and technical expertise. FANCO-approved research projects include a study on the effects of extrusion temperature on FeCrAl-ODS alloys in liquid metal fast...

2026-08-06

Nuclea to Explore Building Nuclear Test Reactor in Utah to Advance Morpheus Microreactor Deployment

On August 5, Mangoceuticals announced that Nuclea Energy USA Inc., a wholly owned subsidiary of its merger partner, has signed a memorandum of understanding with the Utah Office of Energy Development to explore siting a nuclear test reactor at the Utah St. Rafael Energy Laboratory to advance the deployment of the Morpheus microreactor. Under the MOU, Nuclea USA and the Utah Office of Energy Development will collaborate on test reactor siting and support related communications and coordination with the U.S. Department of Energy and the U.S. Nuclear Regulatory Commission. The parties will also evaluate pathways for future deployment of Nuclea's technology in Utah. The collaboration is seen as a step in Nuclea's micro modular react...

2026-08-06

Terra Innovatum Selected for Global X Uranium ETF Tracking Nuclear Index, Microreactor SOLO™ Gains Passive Fund Exposure

Terra Innovatum Global N.V. (NASDAQ: NKLR), a Netherlands-registered micro modular reactor developer, will be included in the Solactive Global Uranium & Nuclear Components Total Return Index effective from the market open on August 3, 2026 — the benchmark tracked by the Global X Uranium ETF (NYSE Arca: URA, with over $5 billion in assets under management), taking effect with Solactive's periodic rebalancing. Co-founder and CEO Alessandro Petruzzi stated that this enables passive/thematic investors to directly access its SOLO™ microreactor story through the index, alongside Cameco, Kazatomprom, Centrus, Oklo, NuScale, X-energy, Mitsubishi Heavy Industries, and others in the nuclear fuel cycle and reactor development tier.

2026-08-06

Two Advanced Materials Research Projects by 1st American Nuclear Co. Supported by U.S. Department of Energy Nuclear Science User Facilities Program

1st American Nuclear Co. (FANCO) announced on August 3 that two research proposals submitted by its scientists have been selected for support under the Nuclear Science User Facilities (NSUF) program of the U.S. Department of Energy Office of Nuclear Energy. Both selected projects come from the NSUF Fiscal Year 2026 Rapid Turnaround Experiment (RTE) review cycle, with research focused on next-generation reactor materials and fuel-related issues. The NSUF Rapid Turnaround Experiment program is open to nuclear energy researchers and primarily provides irradiation testing, post-irradiation examination capabilities, and related technical support...

2026-08-06

US Firm Standard Nuclear's Two New TRISO Fuel Plants to Enter Production by 2026, Expanding Independent US Capacity

US nuclear fuel manufacturer Standard Nuclear announced that "major construction is substantially complete" at its two TRISO fuel production facilities, SN-TN in Tennessee and SN-ID in Idaho, and that the US Department of Energy has approved the Preliminary Documented Safety Analysis (PDSA) for both plants. The two facilities share an identical design and are expected to sequentially commence commissioning and licensing before the end of 2026. Authorized under the DOE's "Fuel Line Pilot Program," each plant will initially produce up to 1 metric ton of uranium (MTU) per year of TRISO fuel, with a combined ramp-up target of 5 MTU/year in the long term, forming a tiered supply alongside the company's existing SN-0 facility (0.5 MTU/year) operating in Oak Ridge. Standard Nuclear describes itself as "the only independent TRISO fuel manufacturer in the US," having been restructured from the fuel business of Ultra Safe Nuclear following its bankruptcy in 2024 (with USNC's reactor business acquired by Nano Nuclear). Its operations cover power reactor fuel as well as space and defense radioisotope power sources. The company also participates in the DOE's Fuel Line Pilot and Surplus Plutonium Disposition programs, has been allocated HALEU by the DOE for fuel fabrication, and has established a joint-venture TRISO line at Framatome's NRC-licensed fuel facility in Richland, Washington.

2026-08-06

KEPCO E&C seeks government R&D project for offshore SMR "BANDI"

KEPCO E&C is accelerating the development of its proprietary offshore small modular reactor BANDI. Under relevant plans, the company intends to include BANDI in a government R&D project led by the private sector, leveraging national R&D funding to advance standard design, engineering verification, and subsequent commercialization preparation. It is understood that KEPCO E&C is organizing a government R&D initiative for offshore SMRs, with the company aiming to serve as the lead organization to develop a standard design for offshore SMRs applicable to power generation ships and nuclear-powered vessels. The project is currently in the preliminary planning stage, with plans to submit a project proposal and tender documents early next year, and following review, to secure...

2026-08-06

Tennessee Valley Authority (TVA) Restarts Nuclear Plant Plans to Build New Small Modular Reactors

The Tennessee Valley Authority (TVA) plans to build Small Modular Reactors (SMRs) at the abandoned Bellefonte Nuclear Plant, receiving $400 million in federal funding support. This initiative aims to meet growing electricity demand and leverage advanced nuclear energy technology. The project will adopt NuScale's Small Modular Reactor technology, with an expected total installed capacity of up to 6,000 megawatts. TVA Interim CEO Mike Skaggs stated that the Bellefonte Nuclear Plant is an ideal site for building these small reactors, as the site already possesses the necessary infrastructure and cooling water resources. Small modular react...

2026-08-06

South Korea's Woori Technology Completes KRW 40 Billion Convertible Bond Financing to Bolster Nuclear Power and SMR Businesses

Woori Technology, a South Korean company specializing in nuclear power plant Man-Machine Interface Systems (MMIS) and related instrumentation and control equipment, announced on August 6 that it has decided to issue the 20th series of unregistered, unsecured private convertible bonds (CBs) totaling KRW 40 billion. The raised funds will be primarily used for nuclear power, small modular reactor (SMR), offshore wind power, and resource recycling businesses. The maturity date of these convertible bonds is August 13, 2031, with a conversion price of KRW 10,717 per share. Both the coupon rate and yield to maturity are 0%, which helps the company secure long-term funding for core business investments while controlling financial costs. Woori Technology stated that the raised funds...

2026-08-06

South Korea advances plan to produce medical isotopes using nuclear power plants, with lutetium-177 targeted for commercial production in 2031

South Korea is advancing plans to industrialize the production of radioisotopes using nuclear power plants, with the medical isotope lutetium-177 (Lu-177) designated as the first commercial target product. Korea Hydro & Nuclear Power stated that it plans to prioritize the commercialization of Lu-177 production, with the potential to later expand the product range to include isotopes such as cobalt-60, tritium-3, and helium-3. Lu-177 is a therapeutic radioisotope widely used in the global radiopharmaceutical market, applicable in radiopharmaceuticals for diseases such as prostate cancer and neuroendocrine tumors. Previously, South Korea relied entirely on imports for its Lu-177 supply. Due to its half-life of approximately 6.6 days, the entire process from production and transportation to drug preparation and patient administration...

2026-08-06

Krško Nuclear Power Plant to Reduce Power Output Due to Sava River Water Temperature Pressure

The Krško Nuclear Power Plant (Krško NPP) announced that, due to persistent abnormal hydrological and meteorological conditions in the Sava River, it will begin gradually reducing reactor power from the evening of August 6 to prevent river water temperatures from exceeding environmental standards. In the first phase, the unit's power output will be reduced to 80% of its maximum generating capacity. The plant stated that this power reduction is a planned, controlled, and temporary measure aimed at ensuring the Sava River water temperature remains within permissible limits. Relevant environmental standards stipulate that the daily average water temperature must not exceed 28 degrees Celsius, and the temperature increase of the river water caused by the plant's operation must not exceed 3 degrees Celsius. The management of the Krško Nuclear Power Plant also stated...

2026-08-06

Japan's Plutonium Stockpile Expected to Remain at 44.4 Tons by End of 2025

Japan's Cabinet Office reported to the Japan Atomic Energy Commission (JAEC) on August 5 that Japan's plutonium stockpile is expected to be 44.4 tons by the end of 2025, unchanged from the end of the previous year. By source, domestically sourced plutonium stockpile is expected to be 9.9 tons, while overseas-sourced plutonium stockpile is 34.5 tons. The overseas-sourced plutonium mainly comes from separated plutonium formed after Japan entrusted its spent fuel reprocessing operations to the United Kingdom and France. The report shows that in 2024, Kansai Electric Power Company (KEPCO) processed 1.3 tons of plutonium stored in France into mixed uranium-plutonium oxide fuel, namely MOX fuel, resulting in a decrease in overseas-sourced plutonium stockpile. Subsequently, this batch of MOX fuel was shipped to the Takahama Nuclear Power...

2026-08-06

A batch of radioactive waste from the Korea Atomic Energy Research Institute deemed unsuitable for disposal due to documentation discrepancies

According to disclosures by relevant parties on August 5, a batch of radioactive waste shipped last year by the Korea Atomic Energy Research Institute (KAERI) to the low- and intermediate-level radioactive waste disposal facility (RWDF) in Gyeongju, North Gyeongsang Province, was deemed unsuitable for batch disposal due to inconsistencies between the declared documentation and actual contents. The Korea Radioactive Waste Agency (KORAD) conducted inspections after receiving the waste. KAERI shipped a total of 694 drums of radioactive waste to the disposal facility last year, of which 69 drums were inspected, and 32 were found to be non-compliant. The primary reason for non-compliance was discrepancies between the contents of the documents submitted by the institute and the actual inspection results after receipt. As a result, this batch of waste from the Korea Atomic Energy Research Institute...

2026-08-06

CGN Technology joins forces with enterprises to build China's first fully self-developed electron beam curing coil coating industrial chain

On August 5, CGN Dasheng Accelerator Technology Co., Ltd., a subsidiary of CGN Technology, signed a strategic cooperation agreement on electron beam curing coil coating with Zhejiang Jiaguangshu New Material Technology Co., Ltd. Leveraging the electron accelerator equipment independently developed and manufactured by CGN Dasheng, combined with the partner's large-scale mass production process capabilities, the two parties jointly built China's first fully self-controlled, fully domestically produced complete industrial chain for electron beam curing coil coating, marking the official entry of China's color-coated steel industry into a new era of solvent-free, zero-VOC (volatile organic compounds), room-temperature green curing. CGN Dasheng and Zhejiang Jiaguangshu signed the strategic cooperation agreement on electron beam curing coil coating. Electron beam curing is...

2026-08-06

He Liuyi, Deputy Secretary of the Party Committee and General Manager of Daya Bay Nuclear Power Operations and Management Co., Ltd., along with Board Directors, Visits CGN Nuclear Maintenance for Investigation

On August 4, He Liuyi, Deputy Secretary of the Party Committee and General Manager of Daya Bay Nuclear Power Operations and Management Co., Ltd., along with Directors Wu Zijian, Cao Dongqing, and Huang Yong, visited the Qingdao base of CGN Nuclear Maintenance for investigation. Ouyang Wu, Member of the Party Committee, Chief Accountant, and Secretary to the Board of Directors of Daya Bay Nuclear Power Operations and Management Co., Ltd., Li Xiaowei, Member of the Party Committee and Deputy General Manager, and Ma Gang, Director of Guangdong Nuclear Power Joint Venture Co., Ltd., accompanied the visit. Dong Juncheng, Secretary of the Party Committee and Chairman of the Company, presided over the meeting. At the meeting, Dong Juncheng provided a detailed introduction to the company's products and services, mission and honors, Party building, industrial layout, core nuclear power maintenance technologies, achievements in building the national nuclear emergency response team, and the...

2026-08-06