X-energy, the Rockville, Md.–based small modular reactor/nuclear fuel developer, and Ares Acquisition Corporation (AAC), a publicly traded special-purpose acquisition company, have agreed to terminate their business combination agreement, effective immediately, the companies announced this week.
Last Energy seeks $103.7M for Welsh microreactor project
American start-up Last Energy has received a letter of interest from the Export-Import Bank of the United States (EXIM), confirming the bank’s willingness to move forward with due diligence...
Disney World should have gone nuclear
There is extra significance to the American Nuclear Society holding its annual meeting in Orlando, Florida, this past week. That’s because in 1967, the state of Florida passed a law allowing...
Industry experts discuss nuclear’s role in powering data centers, meeting climate goals
As a primer to the American Nuclear Society Winter Conference and Expo, ANS Executive Director/Chief Executive Craig Piercy hosted a panel discussion titled “The State of Nuclear,”...
Legislators call for SMR at Fort Drum
New York Gov. Kathy Hochul and state officials met in August with officials at the U.S. Army’s Fort Drum in upstate New York to discuss deployment of a small modular reactor to supply the...
Amazon investing in SMRs to deploy 5 GW by 2039
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...
American Nuclear Society applauds Google's and Amazon's investments in nuclear
ANS CEO Craig Piercy welcomes tech industry's plans to build nuclear energy projects
Washington, D.C. — Craig Piercy, CEO of the American Nuclear Society (ANS), issued the following statement:"The American Nuclear Society applauds the announced partnerships between Google...
U.S. Navy soliciting ideas for nuclear energy
The Department of the Navy (DON), which comprises both the U.S. Navy and the U.S. Marine Corps, issued a request for information this week on potential deployment of clean energy generation on...
Liftoff report lifts the lid on cost and risk in push to nth-of-a-kind reactors
The Pathways to Commercial Liftoff: Advanced Nuclear report that was released in March 2023 by the Department of Energy called for five to 10 signed reactor contracts for at least one reactor...
Project Pele is breaking ground in Idaho. What’s involved?
The Department of Defense announced September 24 that it has broken ground on the site at Idaho National Laboratory’s Critical Infrastructure Test Range Complex (CITRC) where Project Pele, a...
Reports: Rolls-Royce looks to sell SMR subsidiary
Engineering company Rolls-Royce is considering the sale of its small modular reactor subsidiary to inject new funding into the company’s overall business plans, the Sunday Telegraph first...
