BWX Technologies Announced that it has secured a contract from the National Nuclear Security Administration (NNSA) to conduct a yearlong engineering study aimed at evaluating options for deploying a centrifuge pilot plant. This initiative will establish a domestic uranium enrichment…
Westinghouse Electric Company announced today that it has received formal approval from the U.K. Department of Energy Security and Net Zero (DESNZ) to begin the Generic Design Assessment (GDA) for its AP300™ Small Modular Reactor (SMR). This marks the first…
Deep Fission Inc., a trailblazing nuclear energy company, has officially emerged from stealth mode, announcing a $4 million pre-seed funding round led by 8VC. Positioned at the cutting edge of advanced energy technology, Deep Fission is set to revolutionize the…
Westinghouse Electric Company has received the Nuclear Regulatory Commission’s approval to increase the burnup limit for its Westinghouse Encore® fuel designs. This approval enhances nuclear fuel efficiency, extends time between reactor refuels, and reduces operating costs. Currently, U.S. Pressurized Water…
Oklo Inc. (NYSE: OKLO), a company specializing in clean power technology and nuclear fuel recycling, has announced a significant advancement in its supply chain management by entering into a Preferred Supplier Agreement with Siemens Energy. This agreement, which covers the…
Westinghouse Electric Company has appointed Dan Lipman as the new president of its Energy Systems business unit. In this role, Lipman will oversee the deployment of the AP1000® pressurized water reactor, the AP300™ small modular reactor, and advancements in reactor…
Kodiak Gas Services, Inc. (NYSE: KGS), (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today announced that its board of directors has approved an 8% increase in the quarterly cash dividend to $0.41…
The Appalachian Regional Clean Hydrogen Hub (ARCH2) has secured a cooperative agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for up to $925 million in federal funding. This investment will drive the creation of…
The Nuclear Company, a leading firm in nuclear development, has announced the appointment of Joe Klecha as Chief Nuclear Officer. Klecha, a seasoned professional with 30 years of experience, has managed projects worth over $35 billion and led teams of…
Edison International (NYSE: EIX) has reported net income of $439 million, or $1.14 per share, for the second quarter of 2024, up from $354 million, or $0.92 per share, in the same period last year. Adjusted core earnings for the…
Thales’ cortAIx Lab, Europe’s foremost integrated critical AI laboratory, and the CEA, a top global research entity recognized in Clarivate Analytics’ Top 100 Global Innovators, have united to advance generative AI solutions, particularly for intelligence and command applications. Bertrand Tavernier,…
Halliburton Company (NYSE: HAL) announced strong financial results for the second quarter of 2024, with a net income of $709 million, equivalent to $0.80 per diluted share. This represents an increase from the first quarter of 2024, which reported a…