SMR

Terrestrial Energy Signs Agreement to Advance IMSR Deployment in Western Canada

Retrieved on: 
Thursday, August 11, 2022 - 2:24pm

Terrestrial Energy anticipates supporting high-quality jobs as it expands its activities in western Canada.

Key Points: 
  • Terrestrial Energy anticipates supporting high-quality jobs as it expands its activities in western Canada.
  • Terrestrial Energy has previously invested over $100 million in its Ontario operation, where it employs more than 100 personnel.
  • Under the terms of the Terrestrial Energy MOU, Invest Alberta will work with Terrestrial Energy on federal and provincial policies, and industrial incentives supporting transformative energy innovation in the province.
  • Terrestrial Energys IMSR plant is designed for industrial cogeneration as well as high-efficiency, grid-based power generation.

NuScale Power Reports Second Quarter 2022 Results and Reaffirms Financial Outlook

Retrieved on: 
Wednesday, August 10, 2022 - 9:15pm

NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (SMR) technology, today reported results for the second quarter and the first six months of 2022.

Key Points: 
  • NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (SMR) technology, today reported results for the second quarter and the first six months of 2022.
  • NuScale Power reaffirms its financial outlook including $16 million cash revenue for full year 2022.
  • We continue to accelerate our efforts to bring our technology to more customers around the world, said Chris Colbert, Chief Financial Officer of NuScale Power.
  • Risk Factors" in the Company's Form S-1 filed on May 13, 2022 and the Company's Second Quarter 10-Q, filed on August 11, 2022.

CNL and AECL Welcome a Record Turnout to the 2022 Open House at Chalk River Laboratories

Retrieved on: 
Monday, August 8, 2022 - 8:30pm

CHALK RIVER, Ontario, Aug. 08, 2022 (GLOBE NEWSWIRE) -- The hot and humid weather didnt deter over 3,000 visitors from taking part in what was a record turnout for the 2022 Chalk River Laboratories Open House.

Key Points: 
  • CHALK RIVER, Ontario, Aug. 08, 2022 (GLOBE NEWSWIRE) -- The hot and humid weather didnt deter over 3,000 visitors from taking part in what was a record turnout for the 2022 Chalk River Laboratories Open House.
  • To learn more about the 2022 Open House and to see photos from the event, people are encouraged to visit CNLs Facebook page.
  • With ongoing investments in new facilities and a focused mandate, Canadian Nuclear Laboratories is well positioned for the future.
  • Working with Canadian Nuclear Laboratories, AECL enables nuclear science and technology and manages the Government of Canadas radioactive waste responsibilities.

WASTE MANAGEMENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Waste Management, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, August 6, 2022 - 2:00am

Investors have until August 8, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until August 8, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Rather, Waste Management had a right to terminate the deal for failure to obtain antitrust approval.
  • On May 14, 2019, Waste Management issued $4 billion worth of senior notes in a public offering to finance Waste Managements acquisition of Advanced Disposal Services.
  • In the Notes prospectus, Waste Management represented that the Merger would close by the first quarter of 2020.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Teladoc, Verrica, Apyx, and Waste Management and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, August 1, 2022 - 2:00am

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.

Key Points: 
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects.
  • In the Notes prospectus, Waste Management represented that the Merger would close by the first quarter of 2020.
  • For more information on the Waste Management class action go to: https://bespc.com/cases/WM
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Last Energy Advances Plans to Develop 10 Small Modular Nuclear Reactors in Poland, Strengthen Poland’s Long-Term Energy Security

Retrieved on: 
Friday, July 29, 2022 - 2:45pm

Last Energy will develop 10 small modular reactors in the LSSE to fuel booming industrial activity in the region.

Key Points: 
  • Last Energy will develop 10 small modular reactors in the LSSE to fuel booming industrial activity in the region.
  • At that event, Last Energy met with Polish President, Andrzej Duda, as the two aligned on the contribution of nuclear to Polands energy and climate goals.
  • To develop this infrastructure, Last Energy will also partner with DB Energy, a leading energy services company.
  • Last Energy is creating a new system for the development and delivery of small modular nuclear power plants.

NTS to Build World’s Highest Capability LOCA Chamber in Partnership with NuScale to Bring Carbon-Free Nuclear Technology to Market

Retrieved on: 
Thursday, July 28, 2022 - 5:01pm

NuScale, an innovative nuclear energy provider, manufactures small modular reactor (SMR) technology to bring scalable energy solutions to market in regions with physical limitations.

Key Points: 
  • NuScale, an innovative nuclear energy provider, manufactures small modular reactor (SMR) technology to bring scalable energy solutions to market in regions with physical limitations.
  • By partnering with NTS, NuScale will be able to qualify components of its technology to ensure regulatory compliance.
  • As part of the agreement, NTS will design, fabricate, and commission the EQ Chamber at its nuclear testing facility in Huntsville, AL.
  • NTS is honored that NuScale chose us in partnership to shape the future of the nuclear energy industry.

NuScale Power Signs Business Collaboration Agreement with National Technical Systems (NTS) to Establish Equipment Qualification Test Chamber

Retrieved on: 
Thursday, July 28, 2022 - 11:50am

NuScale Power Corporation (NuScale) and National Technical Systems (NTS) signed a Business Collaboration Agreement (BCA) to begin development of an Equipment Qualification (EQ) Test Chamber.

Key Points: 
  • NuScale Power Corporation (NuScale) and National Technical Systems (NTS) signed a Business Collaboration Agreement (BCA) to begin development of an Equipment Qualification (EQ) Test Chamber.
  • This collaboration agreement marks yet another milestone in our companys progress towards global deployment of our leading SMR technology, said Scott Bailey, Vice President, Supply Chain.
  • NTS is honored that NuScale chose NTS in partnership to shape the future of the nuclear energy industry.
  • NuScale Power (NYSE: SMR) is poised to meet the diverse energy needs of customers across the world.

CNL Partners With ARC Canada to Advance Fuel Development

Retrieved on: 
Wednesday, July 27, 2022 - 4:00pm

Funded through CNLs Canadian Nuclear Research Initiative (CNRI), the agreement includes work to advance the fuel development and manufacturing processes to produce fuel for ARC Canadas advanced small modular reactor technology.

Key Points: 
  • Funded through CNLs Canadian Nuclear Research Initiative (CNRI), the agreement includes work to advance the fuel development and manufacturing processes to produce fuel for ARC Canadas advanced small modular reactor technology.
  • Fuel development is a particular strength of the team here at the CNL, commented Dr. Jeff Griffin, Vice-President of Science and Technology.
  • Our Fuel Development Laboratories fabricate reactor fuel concepts and prototypes and evaluate their performance under a variety of simulated reactor conditions.
  • This is a significant first step towards establishing capability in Canada to manufacture fuel assemblies for the ARC technology, said Dr. Maggie Manley, Fuel Systems Engineer, leading the project for ARC Canada.

Western Uranium & Vanadium Market Update

Retrieved on: 
Wednesday, July 27, 2022 - 1:45pm

Toronto, Ontario and Nucla, Colorado, July 27, 2022 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) is providing the following market updates:

Key Points: 
  • Toronto, Ontario and Nucla, Colorado, July 27, 2022 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (Western or Company) is providing the following market updates:
    On Saturday September 17th, Western is conducting an underground mine tour at its Sunday Mine Complex in Western Colorado.
  • Western has built its internal mining capability seeking the advantages of: lower cost, increased flexibility, and cross-staffing efficiencies.
  • Western believes that enrichment and conversion prices are leading indicators of future uranium price levels.
  • About Western Uranium & Vanadium Corp.
    Western Uranium & Vanadium Corp. is a Colorado-based uranium and vanadium conventional mining company focused on low cost near-term production of uranium and vanadium in the western United States, and development and application of kinetic separation.