Category: Latest News

Exelon to Close Byron & Dresden Plants by 2021

U.S. energy giant Exelon Generation said in a statement released August 27th that the company will be retiring two of its most prominent and productive nuclear power plants, the two-unit each Byron and Dresden plants. Based in northern Illinois, the two respective plants, both of which are licensed to continue operating well into the next… Read more »

X-energy Submits SMR Design to Canadian Nuclear Commission

X-energy, a privately held American nuclear reactor and fuel design company, has submitted a Vendor Design Review (VDR) to the Canadian Nuclear Safety Commission (CNSC) for a cutting-edge new reactor facility. Colloquially referred to as the Small Modular Reactor (SMR), these “miniaturized” reactors are designed to leverage smaller, more agile units against their conventional counterparts,… Read more »

U.S. Defense Contractor Raytheon Wins Contract for Weapon System

U.S. Defense contractor Raytheon Missile & Defense, based here in Tucson, Arizona, has been awarded a contract by the United States Air Force, for a potential of $375 million. The order provides for the creation of a “Miniature Self-Defense Munition,” which would be groundbreaking for the aerospace industry. Concept work is expected to be completed… Read more »

ITER and the Quest to Replicate the Sun

The ITER fusion project began its assembly phase this July, thirty-five years after its inception at the hands of Ronald Reagan and Mikhail Gorbachev. ITER, the International Thermonuclear Experimental Reactor, is a jointly funded and produced project by the United States, India, Japan, South Korea, Russia, China, and the European Union—which is ironic, given the… Read more »

Nuclear Energy’s Role in a Post COVID-19 Economy

Nuclear Power might have an essential role in the era of coronavirus. Earlier today, July 10th, Sama Bilbao y Leon, head of the Nuclear Technology Development and Economics at OECD Nuclear Energy Agency, gave a virtual speech via webinar concerning the impact nuclear energy could have on a recovering global economy during the COVID-19 pandemic…. Read more »

Cybersecurity Vulnerabilities in Bringing Manufacturers Back to the U.S.

In the wake of COVID-19’s effect on global supply chains, the increasing calls for a manufacturing resurgence in the United States could open new cybersecurity vulnerabilities. As economic effects from the virus began bleeding into business production and the shuttering of factories, many manufacturers in the U.S. began championing President Trump’s call to bring back… Read more »

COVID-19’s Impact on the Nuclear Industry

As the uncertain impact of COVID-19 continues to affect industries around the globe, the International Atomic Energy Agency (IAEA) has issued a statement regarding the nuclear industry. Across the world, nuclear plant operators and staff have been taking strategic steps to ensure the health and safety of their reactors as the pandemic continues, per IAEA’s… Read more »

Raytheon & United Technologies Complete Mega Merger

Completing one of the biggest mergers in recent memory within their respective industries, Raytheon Corporation and United Technologies resolved final regulatory objections earlier this month to create a defense stalwart capable of generating multi-billion dollar annual revenues. As a result of the merger, the two companies will operate as Raytheon Technologies and trade under RTX…. Read more »

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BWX Technologies Awarded Contract from the DOE

NuAmerican technology and power generation company, BWX Technologies Inc. has been awarded a lucrative contract by the Department of Energy to manufacture specialized nuclear fuel for a reactor project at Oak Ridge National Laboratory (ORNL). The project in question center around the development of the Transformational Challenge Reactor (TCR)—a proposed additively manufactured microreactor (much like… Read more »