Industry


Industry Update—September 2025

September 4, 2025, 9:30AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTOR MARKETPLACE

Progress continues on ITER vacuum vessel construction

Westinghouse Electric Company has signed a $180 million contract with the ITER Organization for the assembly of ITER’s vacuum vessel. Westinghouse has been collaborating with ITER for more than a decade, including in the manufacturing of sectors for the tokamak device’s vacuum vessel, in cooperation with its partners in the AMW consortium, Ansaldo Nucleare and Walter Tosto. After all the vacuum vessel sectors are in place, Westinghouse plans to simultaneously weld the nine sectors to form one circular ring-shaped torus.

New consortium to address industry need for nuclear heat and power

September 2, 2025, 3:00PMNuclear News

Hoping to tackle a growing global demand for energy, The Open Group, a vendor-neutral technology and standards membership organization, has announced the formation of the Industrial Advanced Nuclear Consortium (IANC) to collaborate on finding advanced nuclear energy solutions to serve industrial customers.

A busy week in Utah for nuclear development

August 27, 2025, 2:57PMNuclear News

Almost every day this week has featured headlines concerning announcements, signings, and progress across Utah’s nuclear sector.

At a glance: TerraPower, Flagship, and the state signed a memorandum of understanding to cooperate on siting a Natrium reactor; $5 million may come to Camp Williams for General Matter–related site preparation work; and Nusano cut the ribbon on a radioisotope production facility.

Fermi America announces three new partnerships

August 26, 2025, 7:01AMNuclear News
Concept art of the Advanced Energy and Intelligence Campus (Source: Fermi America)

Less than a week after the news of Fermi America’s first collaboration for its Advanced Energy and Intelligence Campus being built in partnership with Texas Tech University, the company has announced three more industry partners: Parkhill, Lee Lewis Construction, and Westinghouse.

Fermi America signs MOU with ASP Isotopes

August 21, 2025, 7:02AMNuclear News
Donald Ainscow, ASP Isotopes executive vice president; Paul Mann, ASP Isotopes chairman and CEO; Mesut Uzman, Fermi America's chief nuclear construction officer; and Ryno Pretorius, Quantum Leap Energy CEO.

Since Texas Tech University and Fermi America made a big splash unveiling their plans for the Advanced Energy and Intelligence Campus in June, news has been quiet.

At the time, the company promised to make the 5,769-acre site in Amarillo, Texas, “the largest nuclear power complex in America.” Now, with the recent signing of a memorandum of understanding and the hiring of two nuclear professionals, Fermi America’s cofounders—former Texas governor and energy secretary Rick Perry and his son, Griffin Perry—are one small step closer to achieving their ambitious goals.

A new collaboration among Kairos, TVA, and Google

August 19, 2025, 11:56AMNuclear News
(Image: Kairos Power)

In a flurry of press releases, blog articles, and LinkedIn posts all released August 18, Kairos Power, Google, and the Tennessee Valley Authority announced a new power purchase agreement (PPA) between Kairos and TVA to supply up to 50 MW to the TVA grid, which powers two data centers owned by Google.

This agreement marks a significant milestone: It’s the first time a U.S. utility has entered into a PPA to buy power from a Gen IV reactor.

Industry Update—August 2025

August 12, 2025, 7:01AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTORS MARKETPLACE

SMR service center targeted for Ontario

GE Vernova Hitachi Nuclear Energy has announced plans to invest as much as $50 million to establish a Canadian BWRX-300 Engineering and Service Center near Ontario Power Generation’s Darlington New Nuclear Project site. The Ontario government had previously approved the construction of the first of four BWRX-300 small modular reactors at the site. The center will provide engineering and technical services for the long-term operation and maintenance of the future fleet of SMRs in Ontario. It will also serve as a hub for innovation and training, knowledge sharing, supply chain engagement, and workforce development.

Nano Nuclear buys regional office for Kronos MMR support

August 5, 2025, 9:30AMNuclear News
This Oak Brook, Ill., location will be a demonstration and office facility for Nano Nuclear’s Kronos MMR project. (Photo: Nano Nuclear)

The Chicago suburb of Oak Brook, Ill., will be the home of Nano Nuclear Energy’s regional demonstration and office facility to support development of the company’s Kronos micro modular reactor (MMR). The company recently purchased for $3.5 million a 2.75-acre parcel that includes land and a 23,537-square-foot standalone building with a 7,400-square-foot nonnuclear demonstration area.

China launches fusion-focused company

July 30, 2025, 12:00PMANS Nuclear Cafe

China has established a state-owned fusion energy company, China Fusion Energy Co. (CFEC), as a subsidiary of the China National Nuclear Corporation with the goal of accelerating the commercialization of fusion energy. According to a report by People’s Daily Online, the new company has a registered capital of 15 billion yuan (about $2.1 billion).

EnergySolutions selected for Navy rad services contract

July 28, 2025, 7:00AMRadwaste Solutions

EnergySolutions has announced that it has been selected for the U.S. Navy’s Radiological Support Services (RADMAC III) multiple-award contract, valued at up to $240 million. EnergySolutions will lead a team that includes Tetra Tech EC and small business partners such as TerranearPMC, along with numerous others, to provide radiological response, investigation, and remediation services to the U.S. Naval Facilities Engineering Command Southwest.

Oklo announces plans to collaborate with Vertiv and Liberty

July 23, 2025, 3:03PMNuclear News
Vertiv and Oklo plan to collaborate on modular, energy-efficient power and cooling systems and designs developed to support data centers driven by nuclear power. (Image: Oklo)

In back-to-back press releases, Oklo recently announced two new partnerships that seek to advance the deployment of its commercial power reactors in the data center market.

These partnerships, one with Ohio-based Vertiv Holdings and one with Colorado-based Liberty Energy, continue Oklo’s trend in working to position their Aurora powerhouse as a key part of the energy solution for powering the AI boom.

Nuclear technology for today and tomorrow

July 22, 2025, 11:59AMNuclear NewsHash Hashemian

Hash Hashemian
president@ans.org

I am deeply honored and grateful to have been elected president of the American Nuclear Society. Your support and confidence in me are truly humbling, and I want to extend my heartfelt thanks to each and every one of you.

As president, my top priority is to expedite the deployment of new nuclear reactors, beginning with small modular reactors and eventually progressing to Generation IV systems. I will also work to ensure that the United States keeps its global leadership in this field. For the U.S. to do that, the federal government must maintain and expand its financial support of the nuclear industry by preserving critical incentives, tax provisions, and infrastructure investments.

Supplier contracts awarded for TerraPower’s Natrium project

July 10, 2025, 7:00AMNuclear News
Image: TerraPower

Bellevue, Wash.–based TerraPower has awarded three supplier contracts to U.S. companies to support its Natrium demonstration project, construction of which began in June 2024 in Kemmerer, Wyo. The new contracts represent the fifth round of procurement awards for the Natrium project.

From the Pages of Nuclear News: Industry update July 2025

July 8, 2025, 7:00AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTOR MARKETPLACE

Utah moves to forefront of advanced nuclear development

EnergySolutions has signed a memorandum of understanding to partner with Utah’s Intermountain Power Agency and the Utah state government to explore the development of advanced nuclear power generation at the Intermountain Power Project (IPP) site near Delta. The MOU calls for the leveraging of existing infrastructure at the IPP site; potential development of small modular reactor nuclear baseload power; potential synergy with the existing Intermountain Power Agency energy hub and advanced grid stabilization technologies; collaboration with local, state, and regional stakeholders; and commitment to rural economic development and job creation in the state. The partnership is aligned with Utah Gov. Spencer Cox’s Operation Gigawatt, an initiative to double Utah’s energy production over the next 10 years.

MOU signed for Solo microreactor

June 23, 2025, 7:01AMNuclear News
Paragon vice president John Portillo (left) and Terra Innovatum partner and chief business development officer Giordano Morichi at the signing ceremony. (Photo: Paragon)

Paragon Energy Solutions has signed a memorandum of understanding with Terra Innovatum, a developer of micro-modular nuclear reactors, to support the design and integration of instrumentation and control systems for Terra’s Solo micro-modular reactor. Paragon is a provider of safety-related I&C systems for the nuclear energy community.