Tritium

United Kingdom Atomic Energy Authority and Canadian Nuclear Laboratories Partner to Accelerate Fusion Energy Development

Retrieved on: 
Wednesday, February 14, 2024

OXFORD, United Kingdom and CHALK RIVER, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The United Kingdom Atomic Energy Authority (UKAEA) and Canadian Nuclear Laboratories (CNL), have signed a collaboration framework agreement to partner on the development of technologies in relation to the management of tritium, a fusion energy fuel.

Key Points: 
  • OXFORD, United Kingdom and CHALK RIVER, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The United Kingdom Atomic Energy Authority (UKAEA) and Canadian Nuclear Laboratories (CNL), have signed a collaboration framework agreement to partner on the development of technologies in relation to the management of tritium, a fusion energy fuel.
  • The UK-Canada Memorandum of Understanding enhances collaboration on key focus areas, including research and development, regulatory harmonisation, and skills and workforce development.
  • Stephen Wheeler, UKAEA Executive Director, said: “Fusion energy promises to be a safe, low carbon and sustainable part of the world’s future energy supply.
  • Photos from a recent visit Canadian Nuclear Laboratories visit to UK Atomic Energy Authority’s Culham Campus, in Oxfordshire, can be found here: https://ukaea.canto.global/b/JTQVC

Tritium Customers Win Largest Share of Round 1 Tennessee NEVI Program

Retrieved on: 
Monday, February 5, 2024

The Tennessee Department of Transportation (TDOT) and the Tennessee Department of Environment and Conservation (TDEC) awarded a total of over $21 million of federal funding.

Key Points: 
  • The Tennessee Department of Transportation (TDOT) and the Tennessee Department of Environment and Conservation (TDEC) awarded a total of over $21 million of federal funding.
  • Over $10.5 million of the total federal award, accounting for nearly 50% of the state's initial NEVI funding round, was awarded to deploy 48 Tritium fast chargers across 12 new charging locations in the state.
  • Tritium partners Universal EV LLC and PowerUp America were awarded funding for eight and four charging sites, respectively, with Lynkwell to provide the charging software for PowerUp America’s chargers.
  • With an expansion capacity to produce up to 30,000 units per year, Tritium’s fast charger factory is one of the largest in the world.

Tritium Unveils Autocharge Software Capability for RTM and PKM Chargers; Partner Lynkwell Leads on Implementation of Innovative Feature

Retrieved on: 
Tuesday, January 9, 2024

This launch allows Tritium to further provide its customers and EV drivers with convenient and efficient options for a seamless end-to-end EV charging experience.

Key Points: 
  • This launch allows Tritium to further provide its customers and EV drivers with convenient and efficient options for a seamless end-to-end EV charging experience.
  • “Tritium continues to be a leader among the charger OEMs offering seamless payment capabilities to drivers,” said Glen Bethel, Chief Technology Officer at Tritium.
  • Tritium has launched the first implementation of this software on its chargers in conjunction with its partner Lynkwell , which has activated the technology on its RTM models at several charging sites for enterprise fleet companies.
  • The availability of these two technologies will expand customer access to operating models that suit their specific business needs and preferences.

Tritium Supplies Rapid Chargers for Wales’ Largest EV Charging Facility

Retrieved on: 
Tuesday, November 21, 2023

New retail EV charging site at the National Library of Wales in Aberystwyth – Wales’ largest EV charging site – will enable up to 40 electric vehicles to charge simultaneously.

Key Points: 
  • New retail EV charging site at the National Library of Wales in Aberystwyth – Wales’ largest EV charging site – will enable up to 40 electric vehicles to charge simultaneously.
  • The retail site located at the National Library of Wales brings much-needed charging capacity to Wales, as the country aims to establish 4,000 EV chargers by 2030.
  • LONDON, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced that the company will provide the rapid chargers for Wales’ largest EV charging facility.
  • With this new charging site, locals, visitors, and National Library of Wales staff in Aberystwyth will gain access to Wales’ largest EV charging site, thanks to a new hub with 40 charging points – including five rapid Tritium 75kW DC chargers with 10 connectors – at the National Library of Wales.

Stäubli and Partners Complete North America's First Mechanized Large Scale Port EV Charging Program

Retrieved on: 
Wednesday, November 29, 2023

WINDSOR, Calif., Nov. 29, 2023 /PRNewswire/ -- Stäubli Electrical Connectors, a leading global manufacturer of electrical connector solutions, has completed its agreement with SSA Terminals, LLC, a joint venture with Matson Navigation Company, to provide EV automated charging connections for 33 terminal tractors at the Port of Long Beach, California. This project is one of the biggest mechanized charging programs for electric vehicles at active ports in the United States. SSA Terminals and Stäubli are also currently implementing five additional units with QCCs at the Port of Oakland.

Key Points: 
  • This project is one of the biggest mechanized charging programs for electric vehicles at active ports in the United States.
  • SSA Terminals and Stäubli are also currently implementing five additional units with QCCs at the Port of Oakland.
  • Stäubli Installs 33 Electric Quick Charging Connectors for Rapid Charging at the Port of Long Beach for Cleaner Air.
  • For this project, 33 tractors designed to transport shipping containers around the terminal were built with an EV powertrain.

Hypercharger Market worth 273.7 thousand Units by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 21, 2023

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.

Key Points: 
  • These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.
  • The Megawatt segment is poised for substantial growth in the global Hypercharger industry due to its pivotal role in addressing the specific needs of Heavy Commercial Vehicles (HCVs).
  • Megawatt charging systems are designed to cater to these heavy-duty vehicles, offering ultra-fast charging speeds that significantly reduce downtime.
  • The major players in Hypercharger Market include ABB (Switzerland), Electrify America (US), Heliox (Netherlands), Tritium (Australia) and IONITY (Germany), etc.

Hypercharger Market worth 273.7 thousand Units by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 21, 2023

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.

Key Points: 
  • These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.
  • The Megawatt segment is poised for substantial growth in the global Hypercharger industry due to its pivotal role in addressing the specific needs of Heavy Commercial Vehicles (HCVs).
  • Megawatt charging systems are designed to cater to these heavy-duty vehicles, offering ultra-fast charging speeds that significantly reduce downtime.
  • The major players in Hypercharger Market include ABB (Switzerland), Electrify America (US), Heliox (Netherlands), Tritium (Australia) and IONITY (Germany), etc.

Tritium Implements Strategic Plan to Achieve 2024 Profitability

Retrieved on: 
Wednesday, November 8, 2023

BRISBANE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced the implementation of business measures designed to achieve a path to profitability in 2024 and reduce external capital requirements.

Key Points: 
  • BRISBANE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced the implementation of business measures designed to achieve a path to profitability in 2024 and reduce external capital requirements.
  • The plan sees Tritium improve operational efficiency and margins to drive profitability and shareholder value by consolidating its global manufacturing operations into its scaled plant in Lebanon, Tennessee, and reduce selling general & administrative (SG&A) expenses via plans to decrease specific headcount and professional fees.
  • “While we continue to build on our recently reported financial results, which include achieving record revenue and gross margin, strategic restructuring of our business is necessary to drive both profitability and shareholder value,” said Tritium CEO Jane Hunter.
  • “This transition is aligned with the company’s plan to be profitable in 2024.

Focused Energy Partners with LLNL on a Target Design for Inertial Fusion Energy

Retrieved on: 
Tuesday, November 7, 2023

Focused Energy and Lawrence Livermore National Laboratory (LLNL) have signed a Strategic Partnership Project Agreement for LLNL to assist the American-German fusion company with developing and assessing the performance of isochoric compression target designs for inertial fusion energy.

Key Points: 
  • Focused Energy and Lawrence Livermore National Laboratory (LLNL) have signed a Strategic Partnership Project Agreement for LLNL to assist the American-German fusion company with developing and assessing the performance of isochoric compression target designs for inertial fusion energy.
  • At LLNL’s National Ignition Facility (NIF), inertial fusion ignition and target gain > 1 were achieved in December 2022 - a historic breakthrough for the future production of clean energy.
  • Under this contract, LLNL will use its codes and tools to help Focused Energy study and optimize target designs for achieving high compression in ischoric fuel assemblies required for fast ignition inertial confinement fusion.
  • “We are very pleased to have another renowned partner on board with LLNL to optimise the target design together”, said Thomas Forner, CEO and co-founder of Focused Energy.

US Nuclear’s Partner Develops Revolutionary Technology for Total Cleaning of Radioactive Wastewater

Retrieved on: 
Wednesday, November 1, 2023

Arbok-Nuclear is the only company in the world able to remove 100% of radioactive contamination from water.

Key Points: 
  • Arbok-Nuclear is the only company in the world able to remove 100% of radioactive contamination from water.
  • All due to the inability and failure of all other methods to completely clean the Fukushima water.
  • Arbok is set to redefine the way the world approaches the critical issue of cleaning massive amounts of radioactive and other contaminated water.
  • Investors may find additional information regarding US Nuclear Corp. at the SEC website at http://www.sec.gov, or the company’s website at www.usnuclearcorp.com