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

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

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