Nuclear

SwRI 76th Annual Meeting Features Technical Briefings

Retrieved on: 
Monday, February 19, 2024

Southwest Research Institute’s advisory trustees, board of directors and special guests gathered at the SwRI campus in San Antonio for the Institute’s 76th Annual Meeting.

Key Points: 
  • Southwest Research Institute’s advisory trustees, board of directors and special guests gathered at the SwRI campus in San Antonio for the Institute’s 76th Annual Meeting.
  • The event featured presentations on six of the thousands of technical projects conducted annually and also included a presentation on capital improvements underway.
  • SwRI staff gave presentations highlighting efforts to reduce greenhouse gas emissions, expanding SwRI facilities, and using robotics and conducting inspections in hazardous environments.
  • Kim Lubel, former CEO of CST Brands Inc., was introduced as the Vice Chair of the SwRI Board.

Cadre Holdings to Acquire Alpha Safety

Retrieved on: 
Tuesday, February 20, 2024

Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre”), a global leader in the manufacturing and distribution of safety and survivability equipment, announced today it has entered into a definitive agreement to acquire Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, a leading nuclear safety solutions company for $106.5 million (excluding working capital and certain other adjustments upon closing).

Key Points: 
  • Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre”), a global leader in the manufacturing and distribution of safety and survivability equipment, announced today it has entered into a definitive agreement to acquire Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, a leading nuclear safety solutions company for $106.5 million (excluding working capital and certain other adjustments upon closing).
  • Founded in 1986, Alpha Safety is a global provider of highly engineered, technical products and services focused on radiation protection and safety in mission-critical operating environments.
  • Alpha Safety has 40+ year entrenched relationships with key Environmental Safety, National Security and Nuclear Energy customers, who rely upon the company’s proprietary products and services to protect critical operational personnel and the environment.
  • Warren B. Kanders, Chairman and CEO of Cadre, said, “Alpha Safety is an ideal Cadre business.

Argonne and other institutions report first-ever atomic freeze frame of liquid water

Retrieved on: 
Friday, February 16, 2024

Their study, recently published in the journal Science , built on the new science of attosecond physics, recognized with the 2023 Nobel Prize in Physics.

Key Points: 
  • Their study, recently published in the journal Science , built on the new science of attosecond physics, recognized with the 2023 Nobel Prize in Physics.
  • The study sample was a stream of liquid water, chosen as a model molecule in this first-ever experiment.
  • This allowed them to take a fingerprint of the electronic response following ionization in liquid water, all before the bulkier hydrogen atoms have time to move.
  • The findings demonstrate that a longstanding measurement of the structure of liquid water has been misinterpreted.

Constellation Seeks License Renewal of Clinton Clean Energy Center for Additional 20 Years

Retrieved on: 
Thursday, February 15, 2024

Constellation, the nation’s largest producer of carbon-free energy, has filed a license renewal application with the Nuclear Regulatory Commission (NRC) for its Clinton Clean Energy Center in Clinton, Ill., marking the latest in a series of investments the company is making to help address the climate crisis and support the regional economy.

Key Points: 
  • Constellation, the nation’s largest producer of carbon-free energy, has filed a license renewal application with the Nuclear Regulatory Commission (NRC) for its Clinton Clean Energy Center in Clinton, Ill., marking the latest in a series of investments the company is making to help address the climate crisis and support the regional economy.
  • View the full release here: https://www.businesswire.com/news/home/20240214721848/en/
    Constellation has filed a license renewal application with the Nuclear Regulatory Commission for its Clinton Clean Energy Center in Clinton, Ill.
  • Nuclear energy plants are the only carbon-free energy resources that can operate 24/7 in all weather conditions.
  • Renewing the license of Clinton would provide the State of Illinois an estimated 179 terawatt hours of additional carbon-free electricity over the 20-year extended lifespan of the license.

NuScale Power to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call on March 14, 2024

Retrieved on: 
Thursday, February 15, 2024

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m.
  • Financial results will be released after market close that day.
  • The conference call may be accessed by dialing (888) 550-5460 with conference ID 4347254 or by visiting the Events & Presentations page of the company’s website.
  • NuScale’s financial reporting is overseen by the Company's new principal accounting officer, Jackie Engel.

Workiva Inc. to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 14, 2024

Workiva Inc. (NYSE:WK), the world’s leading cloud platform for assured integrated reporting, today announced its planned participation at two investor conferences.

Key Points: 
  • Workiva Inc. (NYSE:WK), the world’s leading cloud platform for assured integrated reporting, today announced its planned participation at two investor conferences.
  • Workiva's management team will present at the following events:
    Raymond James, Annual Institutional Investors Conference: CFO Jill Klindt will present on March 4, 2024, at 2:15 p.m.
  • ET.
  • Morgan Stanley, Technology Media and Telecom Conference: CEO Julie Iskow will present on March 4, 2024, at 3:40 p.m.

Westinghouse Congratulates Vogtle Team on First Criticality at Unit 4

Retrieved on: 
Wednesday, February 14, 2024

Westinghouse Electric Company today congratulated Southern Company, Georgia Power, project partners and the Vogtle team for achieving the initial criticality of self-sustaining nuclear fission at Unit 4.

Key Points: 
  • Westinghouse Electric Company today congratulated Southern Company, Georgia Power, project partners and the Vogtle team for achieving the initial criticality of self-sustaining nuclear fission at Unit 4.
  • Plant Vogtle, located near Waynesboro, Georgia, is the site of the first two AP1000® reactors built in the U.S.
  • View the full release here: https://www.businesswire.com/news/home/20240214163229/en/
    Plant Vogtle Unit 4 in Georgia has reached initial criticality.
  • “We applaud the efforts and dedication of the Vogtle team as they continue working toward bringing Unit 4 online to deliver safe, reliable, competitive and clean energy for customers,” said Patrick Fragman, Westinghouse President and CEO.

Ameresco Completes OUTRIGGER Kauai Beach Resort & Spa’s Energy Efficiency Renovation as Part of 15-yr EaaS Agreement

Retrieved on: 
Wednesday, February 14, 2024

Ameresco, Inc. , (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of the installation of new energy efficiency and maintenance advancements at OUTRIGGER Kauai Beach Resort & Spa as part of a 15-year Energy as a Service (EaaS) agreement.

Key Points: 
  • Ameresco, Inc. , (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of the installation of new energy efficiency and maintenance advancements at OUTRIGGER Kauai Beach Resort & Spa as part of a 15-year Energy as a Service (EaaS) agreement.
  • View the full release here: https://www.businesswire.com/news/home/20240214519642/en/
    OUTRIGGER Kauai Beach Resort & Spa (Photo: Business Wire)
    The $15.5 million energy efficiency renovation was designed and constructed by Ameresco in several phases over the last two years.
  • “We are proud to have played a pivotal role in enhancing the energy efficiency of this remarkable oceanfront resort."
  • Construction and the installation of new efficiency upgrades at OUTRIGGER Kauai Beach Resort & Spa began in October 2021 and reached full completion in December 2023.

BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services

Retrieved on: 
Wednesday, February 14, 2024

BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).
  • Under this contract, NFS will continue to provide downblending services to the TVA in support of the National Nuclear Security Administration’s (NNSA) defense programs objectives.
  • This contract extension continues the current downblending operations from July 2025 to June 2027.
  • “This contract extension also enables operations and engineering continuity with our uranium conversion and purification contract with NNSA.”
    Downblending is a process in which HEU is mixed with natural uranium resulting in LEU needed for various commercial and national defense purposes.

Numat Announces Significant Expansion Investment in Second High-Volume Manufacturing Facility in U.S.

Retrieved on: 
Tuesday, February 13, 2024

Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (“MOFs”), announces a significant expansion investment to build a second U.S.-based, high-volume MOF manufacturing facility in Wisconsin.

Key Points: 
  • Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (“MOFs”), announces a significant expansion investment to build a second U.S.-based, high-volume MOF manufacturing facility in Wisconsin.
  • This expansion, expected to be operational in the second half of 2024, follows Numat’s November 2023 announcement of the company’s new MOF manufacturing campus in Chicago.
  • The expansion will also enable end-to-end manufacturing within an ISO 9001-2015 controlled environment while building momentum to strengthen Numat’s North American supply chain.
  • “This investment in additional manufacturing capacity represents Numat’s commitment to rapidly scale to meet customer demand, especially as Numat expands product offerings for Extreme Environments and Energy markets.”