Kairos Power LLC secured $643 million in combined private and government financing that will be utilized to support construction of its demonstration reactor in Tennessee. While the firm has not yet ...

DOE to Loan $5B to Constellation for Reator Uprates The Department of Energy’s Office of Energy Dominance Financing announced a conditional loan commitment of up to $5 billion to finance nuclear ...

The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced the financial close of a loan of up to $1.9 billion to NextEra Energy to help finance the restart of the ...

Rolls-Royce SMR was selected as the preferred technology partner in June 2025, and $3.4 billion was allocated by the government towards this contract and the wider program delivery. In November 2025, ...

(WNN and additional sources) The shareholders of Romanian nuclear operator Nuclearelectrica have approved the Final Investment Decision for the small modular reactor project in Doicesti, Romania.

Kairos Power and Samsung C&T Engineering & Construction Group announced the signing of a binding term sheet for Samsung C&T to make a $100 million strategic investment in Kairos Power. The companies ...

The U.S. Department of Energy’s Office of Nuclear Energy and the National Reactor Innovation Center (NRIC) at the Idaho National Laboratory, announced the first developers selected for the newly ...

First American Nuclear (FANCO), developer of a fast-spectrum SMR and the State of Indiana announced this week plans to establish Indiana as the company’s new home for its reactor, its manufacturing ...

The Nuclear Company announced the opening of its primary engineering and construction office in Columbia, SC. The new location is expected to create more than 100 jobs as the company begins evaluating ...

Dominion Energy Virginia (NYSE:D) announced this week it has issued a Request for Proposals (RFP) from multiple leading SMR nuclear technology companies to evaluate the feasibility of developing an ...

The U.S. Department of Energy (DOE) announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the U.S. The firms will ...

TerraPower announced two key agreements, one with Hyundai Engineering & Construction (HDEC) and one with SK Innovation, to develop and commercialize its Natrium technology across the United States, ...