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Power & Operations

NuScale to go public using SPAC process

December 15, 2021, 12:07PMNuclear News

First reported last week by S&P Global Platts but confirmed only yesterday, small modular reactor developer NuScale Power plans to go public via a merger with Spring Valley Acquisition Corporation, a special purpose acquisition company, or SPAC. (SPACs are shell corporations listed on a stock exchange with the purpose of acquiring or merging with a private company, effectively taking that company public without going through the standard initial public offering process.)

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DOE-EM awards $2.3B Portsmouth/Paducah contract

November 14, 2024, 9:30AMRadwaste Solutions

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BWX Technologies announced that the Department of Energy has approved Hanford Tank Waste Operations & Closure (H2C) to begin work under a contract valued at up to $45 billion to clean up...

Amazon investing in SMRs to deploy 5 GW by 2039

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Tech giant Amazon announced Wednesday new partnerships with Dominion Energy and X-energy to develop and deploy 5 gigawatts of nuclear energy to power needs across the country over the next 15...

Remembering ANS President John Kelly

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NRC signs off on volcanic risk report for TerraPower’s Natrium project

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The Nuclear Regulatory Commission has notified TerraPower that the company has delivered enough information on volcanic risk activity around its proposed small modular reactor project in...

What role can university research reactors play in a nuclear energy resurgence?

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Current and future decarbonization goals necessitate robust and reliable energy generation solutions with high capacity factors to serve as baseload sources of clean energy. Next-generation...

Ghana, U.S. partner to deploy NuScale SMR

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U.S. and African officials announced from a nuclear energy summit last week a new partnership between Nuclear Power Ghana and Regnum Technology Group, an American small modular reactor...

BWXT to probe options for new centrifuge pilot plant under contract with NNSA

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BWX Technologies announced on August 26 that its Nuclear Fuel Services subsidiary had received a contract from the National Nuclear Security Administration for a yearlong engineering study of...

NuScale to go public using SPAC process

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