Nuclear

ARPA-E Awards Booz Allen $550M Contract to Support Energy Technology Innovation

Retrieved on: 
Tuesday, March 12, 2024

Booz Allen was instrumental in the stand up of ARPA-E in 2009 and has been a key mission partner since Day One.

Key Points: 
  • Booz Allen was instrumental in the stand up of ARPA-E in 2009 and has been a key mission partner since Day One.
  • Leveraging deep mission knowledge, Booz Allen will identify climate and energy challenges that would benefit from emerging technology, then work to build and support an ecosystem to innovate—including developing competitions to fuel innovation, like “Shark Tank”—followed by technical reviews and funding to make true impact.
  • More than 160 Booz Allen employees support the company’s ARPA-E work, bringing a whole-of-organization approach to the portfolio through its engineers, scientists, analysts, and project managers with capabilities including digital/IT transformation, project management, finance, and AI and machine learning (ML).
  • Work on the contract will take place in Washington, DC, at ARPA-E’s headquarters.

Oklo and Argonne Achieve Milestone in Thermal-Hydraulic Testing Campaign

Retrieved on: 
Tuesday, March 12, 2024

Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, has successfully completed the second phase of the Thermal Hydraulic Experimental Test Article (“THETA”) testing campaign in collaboration with Argonne National Laboratory.

Key Points: 
  • Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, has successfully completed the second phase of the Thermal Hydraulic Experimental Test Article (“THETA”) testing campaign in collaboration with Argonne National Laboratory.
  • View the full release here: https://www.businesswire.com/news/home/20240312674100/en/
    The THETA testing campaign is strategically focused on key thermal-hydraulic behavior of Oklo’s fast fission reactor design.
  • Ultimately, the THETA testing campaign enables the opportunity to further improve the demonstrated safety and economic potential of bringing Oklo’s fast fission technology to market.
  • Oklo shared costs for the work done at Argonne National Laboratory with funding from a Department of Energy Gateway for Accelerated Innovation in Nuclear voucher.

Laser Photonics Secures Order From Komatsu for CleanTech Laser Cleaning System Through Its Japanese Distributor

Retrieved on: 
Tuesday, March 12, 2024

Laser Photonics Corporation (LPC) (NASDAQ: LASE ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announced today that it received an order for its CleanTech LPC-500-CTHD laser cleaning system from Komatsu through LPC’s Japanese distributor .

Key Points: 
  • Laser Photonics Corporation (LPC) (NASDAQ: LASE ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announced today that it received an order for its CleanTech LPC-500-CTHD laser cleaning system from Komatsu through LPC’s Japanese distributor .
  • “Our laser cleaning technology is a clear choice for enterprises implementing eco-friendly practices that are safe for the environment and workers, which is part of why Komatsu chose our laser systems,” said Wayne Tupuola, CEO of Laser Photonics.
  • LPC’s CleanTech laser systems also benefit from not requiring the use of chemicals or any consumables which minimizes waste production.
  • For more information about the CleanTech line of laser cleaning systems, please visit https://www.laserphotonics.com or contact our sales department at [email protected] .

Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million

Retrieved on: 
Monday, March 11, 2024

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from new and existing customers in Europe, the US and the Caribbean.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from new and existing customers in Europe, the US and the Caribbean.
  • The first order is for a natural gas and process gas fired heater used at a chemical processing plant.
  • Fuel Tech’s SNCR technology is a proven solution for utility and industrial combustion unit owners looking to comply with more stringent NOx control requirements.
  • Fuel Tech’s range of technologies continues to provide value to support the needs of a wide range of industrial and utility operations.”

NuScale Power to Participate in March and April 2024 Investor Conferences

Retrieved on: 
Monday, March 11, 2024

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024.
  • Attendance at these conferences is by invitation only for clients of each respective firm.
  • Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.
  • March 19, 2024: UBS Global Energy Transition Conference in London, England
    Access NuScale’s Events & Presentations page for a complete list of conferences.

Fuel Tech Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, March 11, 2024

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.
  • Our APC backlog at December 31, 2023 was $7.5 million, up from $5.6 million at September 30, 2023.
  • As expected, revenues at our FUEL CHEM® segment declined year-over-year for both the fourth quarter and full year 2023, with warmer weather across the US impacting unit dispatch; however, segment gross margin was essentially unchanged and at historic levels.
  • Adjusted EBITDA loss was $(0.6) million in Q4 2023 compared to Adjusted EBITDA loss of $(0.3) million in Q4 2022.

Black & Veatch Offering Insights to High-Level Presidential Trade and Investment Mission to the Philippines

Retrieved on: 
Monday, March 11, 2024

Black & Veatch , a global leader in critical infrastructure solutions, was selected to join the United States (US) Presidential Trade and Investment Mission (PTIM) to the Philippines on 11-12 March.

Key Points: 
  • Black & Veatch , a global leader in critical infrastructure solutions, was selected to join the United States (US) Presidential Trade and Investment Mission (PTIM) to the Philippines on 11-12 March.
  • This is the first trade and investment mission to the Philippines under the Biden administration.
  • Black & Veatch is excited to be a part of this important mission,” said Narsingh Chaudhary, President, Asia Pacific and India, Black & Veatch.
  • Trade mission delegates will also meet with relevant local firms and business organizations to foster business-to-business trade and investment promotion opportunities.

Hollywood Voices Sound Alarm on Nuclear Threat as Oppenheimer Sweeps the Academy Awards

Retrieved on: 
Monday, March 11, 2024

Murphy’s Oscars message came amid the Nuclear Threat Initiative ’s Los Angeles-based campaign to leverage attention on the film to underscore that while Oppenheimer is history, nuclear weapons are not.

Key Points: 
  • Murphy’s Oscars message came amid the Nuclear Threat Initiative ’s Los Angeles-based campaign to leverage attention on the film to underscore that while Oppenheimer is history, nuclear weapons are not.
  • The letter was also signed by Hollywood luminaries like Michael Douglas and Jane Fonda as well as Oppenheimer cast members Matthew Modine and Tony Goldwyn.
  • “The film brought nuclear weapons to the big screen and helped raise awareness about today’s nuclear threats.
  • Hollywood can play a transformative role in educating audiences about the risks and helping us imagine a safer future without nuclear weapons.

Duke Energy Progress looks to add solar power in eastern South Carolina as part of diverse plan to support booming growth

Retrieved on: 
Friday, March 22, 2024

The facility will provide fuel-free power to meet the growing needs of the Pee Dee region of South Carolina.

Key Points: 
  • The facility will provide fuel-free power to meet the growing needs of the Pee Dee region of South Carolina.
  • From population growth to the expansion of manufacturing and other major economic development wins, South Carolina is booming.
  • "This diverse mix will help Duke Energy meet customer expectations for cleaner energy while also reliably powering communities across the state."
  • Duke Energy Progress, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 1.7 million residential, commercial and industrial customers across a 29,000-square-mile service area in North Carolina and South Carolina.

LIS Technologies Inc. Strengthens its Technical Team with the Addition of Randall L. Beatty, Ph.D. as its Director for Regulatory Affairs

Retrieved on: 
Thursday, March 7, 2024

Ambassador to Russia and distinguished research and development staff member in the Nuclear Security and Isotope Technology Division at Oak Ridge National Laboratory, as its Director for Regulatory Affairs.

Key Points: 
  • Ambassador to Russia and distinguished research and development staff member in the Nuclear Security and Isotope Technology Division at Oak Ridge National Laboratory, as its Director for Regulatory Affairs.
  • “The United States has shown a strong interest in finding safe, domestic energy solutions,” said Randall L. Beatty, Ph.D., Director for Regulatory Affairs for LIS Technologies Inc. “Nuclear energy presents a promising option to meet this demand.
  • Figure 1 - LIS Technologies Inc. Appoints Randall L. Beatty, Ph.D., as its Director for Regulatory Affairs.
  • He was also a senior diplomatic officer in Moscow Russia and the Deputy Executive Director for the International Science and Technology Center (ISTC).