Core Power, MIT Energy Initiative, and Idaho National Laboratory have secured research funding from the Department of Energy’s Nuclear Energy University Program (NEUP) to conduct a three-year study into the development of offshore floating nuclear power generation. This collaborative research effort is among the 74 nuclear research and infrastructure projects that were awarded more than $61 million by the DOE in June.

Samsung Heavy Industries (SHI) has announced that it will develop marine molten salt reactor (MSR) technology with the Korea Atomic Energy Research Institute (KAERI). SHI president Jintaek Jeong and KAERI president Park Won-seok on June 9 signed an agreement to establish a strategic cooperative relationship and conduct joint research.