Chalk River

ITM and CNL Announce the Launch of Actineer, a New Joint Venture in the Global Production of Actinium-225

Retrieved on: 
Wednesday, October 18, 2023

The joint venture will fulfill the unmet global manufacturing and production needs of this coveted radioisotope.

Key Points: 
  • The joint venture will fulfill the unmet global manufacturing and production needs of this coveted radioisotope.
  • The collaboration also encompasses the development and implementation of the manufacturing process to be used at the APF.
  • ITM will also be responsible for global marketing, sales, and distribution, which will be supported by its well-established global sales network.
  • “Working with ITM, CNL has already made significant progress towards our goal of bringing a next-generation medical radioisotope to the world market.

ITM and CNL Announce the Launch of Actineer, a New Joint Venture in the Global Production of Actinium-225

Retrieved on: 
Wednesday, October 18, 2023

The joint venture will fulfill the unmet global manufacturing and production needs of this coveted radioisotope.

Key Points: 
  • The joint venture will fulfill the unmet global manufacturing and production needs of this coveted radioisotope.
  • The collaboration also encompasses the development and implementation of the manufacturing process to be used at the APF.
  • ITM will also be responsible for global marketing, sales, and distribution, which will be supported by its well-established global sales network.
  • “Working with ITM, CNL has already made significant progress towards our goal of bringing a next-generation medical radioisotope to the world market.

CNL Announces Project to Significantly Increase Production of Rare Medical Isotope Actinium-225, a Promising New Weapon in the Fight Against Cancer

Retrieved on: 
Wednesday, July 26, 2023

SASKATOON, Saskatchewan, July 26, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology laboratory, is pleased to announce that it has signed an agreement with the Sylvia Fedoruk Canadian Centre for Nuclear Innovation, Inc. (Fedoruk Centre), that will significantly increase the global supply of Actinium-225, a ground-breaking new medical isotope. CNL’s President and CEO, Joe McBrearty, announced the new agreement during his opening remarks at the 11th International Conference on Isotopes (11ICI) earlier this week at TCU Place in Saskatoon, Saskatchewan.

Key Points: 
  • This partnership will significantly increase the annual global supply of Actinium-225, enabling continued research and clinical trials.
  • “CNL is thrilled to collaborate with the Fedoruk Centre on this initiative, which will dramatically increase the quantities of Actinium-225 available to the radiopharmaceutical community,” commented Mr. McBrearty.
  • CNL will then ship the materials to ITM, a leading radiopharmaceutical biotech company based in Germany, who will manage commercialization of the product.
  • CNL is now working to position itself as a world leader and international hub for targeted-alpha-therapy (TAT) and for the production of the Actinium-225 isotope.

CNL Employee Recognized by Canadian Nuclear Industry for Excellence in Education and Communications

Retrieved on: 
Tuesday, June 6, 2023

CHALK RIVER, Ontario, June 06, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology laboratory, is pleased to announce that one of its employees, Larkin Mosscrop, has been recognized by the Canadian Nuclear Society (CNS) and Canadian Nuclear Association (CNA) for excellence in education and communications.

Key Points: 
  • CHALK RIVER, Ontario, June 06, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology laboratory, is pleased to announce that one of its employees, Larkin Mosscrop, has been recognized by the Canadian Nuclear Society (CNS) and Canadian Nuclear Association (CNA) for excellence in education and communications.
  • Ms. Mosscrop was named the recipient of the Education and Communications Award at the 42nd CNS Annual Conference this week for her work as a lifelong learner and educator with a passion for science communication and community engagement.
  • Established in 1997, the Education and Communication Award recognizes significant efforts in improving the understanding of nuclear science and technology among educators, students and the public.
  • “This is a responsibility that Larkin takes very seriously, and manages on top of her already busy workload.

AECL, CNL and Global First Power Unveil the Site of GFP’s Proposed Small Modular Reactor at the Chalk River Laboratories

Retrieved on: 
Friday, May 12, 2023

CHALK RIVER, Ontario, May 12, 2023 (GLOBE NEWSWIRE) -- Atomic Energy of Canada Limited (AECL), Canadian Nuclear Laboratories (CNL) and Global First Power (GFP) are pleased to announce that GFP has selected a location at the Chalk River Laboratories to site its proposed Micro-Modular™ Reactor (MMR®) project.

Key Points: 
  • CHALK RIVER, Ontario, May 12, 2023 (GLOBE NEWSWIRE) -- Atomic Energy of Canada Limited (AECL), Canadian Nuclear Laboratories (CNL) and Global First Power (GFP) are pleased to announce that GFP has selected a location at the Chalk River Laboratories to site its proposed Micro-Modular™ Reactor (MMR®) project.
  • The energy output of the MMR makes it well suited for application in off-grid remote communities and industrial sites.
  • “GFP is thrilled to stand alongside our partners today to mark this milestone toward meeting Canada’s clean energy goals,” remarked Mr. Diening.
  • To learn more about Global First Power and its MMR demonstration project, please visit www.globalfirstpower.com .

Urenco USA Will Supply Ultra Safe Nuclear Enriched Uranium Product for Advanced Reactor Deployment

Retrieved on: 
Wednesday, March 1, 2023

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, and Urenco USA , operated by Louisiana Energy Services LLC, the only U.S. commercial producer supplying uranium enrichment services, announced an enrichment services supply agreement as part of the fuel supply program for USNC’s Micro-Modular™ Reactor (MMR®).

Key Points: 
  • Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, and Urenco USA , operated by Louisiana Energy Services LLC, the only U.S. commercial producer supplying uranium enrichment services, announced an enrichment services supply agreement as part of the fuel supply program for USNC’s Micro-Modular™ Reactor (MMR®).
  • View the full release here: https://www.businesswire.com/news/home/20230301005214/en/
    Ultra Safe Nuclear Corporation will purchase enriched uranium product (EUP) from Urenco USA for use in the manufacture of Tri-structural Isotropic (TRISO) particles and Fully Ceramic Micro-encapsulated (FCM®) fuel via USNC’s planned joint venture with Framatome in the United States.
  • The EUP will be produced and supplied by the Urenco USA uranium enrichment facility located in New Mexico.
  • This purchase marks the first commercial supply of EUP for use in an advanced reactor anywhere in the world.

Rosemary Yeremian Joins Ultra Safe Nuclear to Drive Microreactor Market Growth in Canada

Retrieved on: 
Thursday, February 16, 2023

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces Rosemary Yeremian as Vice President, Business Development, Canada.

Key Points: 
  • Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces Rosemary Yeremian as Vice President, Business Development, Canada.
  • In this role, Rosemary provides leadership and strategic direction for the development of business opportunities for USNC’s Micro-Modular™ Reactor (MMR®) in Canada, including new advanced microreactor builds.
  • View the full release here: https://www.businesswire.com/news/home/20230216005012/en/
    Rosemary Yeremian joins Ultra Safe Nuclear as Vice President, Business Development, Canada.
  • “Rosemary is a terrific addition to the USNC team in Canada,” said Vladimir Novak, chief commercial officer of Ultra Safe Nuclear.

USNC adds Waqar Zaidi as SVP Commercial & Structured Financing for Microreactor Deployments

Retrieved on: 
Tuesday, February 14, 2023

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.

Key Points: 
  • Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.
  • In this new role, Waqar will drive progress on active deployments of USNC’s Micro-Modular™ Reactors (MMR®) across the globe.
  • View the full release here: https://www.businesswire.com/news/home/20230214005182/en/
    Waqar Zaidi joins Ultra Safe Nuclear as SVP Commercial & Structured Financing.
  • (Photo: Business Wire)
    In this integral addition to the Ultra Safe Nuclear leadership team, Waqar will lead commercial strategy development, global commercial deal execution, and project structured financing.

Framatome and Ultra Safe Nuclear to Form a Joint Venture to Manufacture TRISO and FCM Fuel

Retrieved on: 
Thursday, January 26, 2023

Framatome and Ultra Safe Nuclear Corporation (USNC) intend to form a joint venture to manufacture commercial quantities of Tri-structural Isotropic (TRISO) particles and Ultra Safe Nuclear’s proprietary Fully Ceramic Micro-encapsulated (FCM®) fuel.

Key Points: 
  • Framatome and Ultra Safe Nuclear Corporation (USNC) intend to form a joint venture to manufacture commercial quantities of Tri-structural Isotropic (TRISO) particles and Ultra Safe Nuclear’s proprietary Fully Ceramic Micro-encapsulated (FCM®) fuel.
  • Framatome and Ultra Safe Nuclear have signed a non-binding Heads of Terms Agreement to integrate their complementary resources through a joint venture to bring commercially viable, fourth-generation nuclear fuel to market for USNC’s Micro-Modular™ reactor (MMR®) and other advanced reactor designs.
  • The joint venture expects to begin manufacturing TRISO particles and FCM fuel in late 2025.
  • TRISO fuel production capacity will be used in the manufacture of Ultra Safe Nuclear’s FCM fuel and available to the broader commercial market.

AECL and CNL Break Ground on New Nuclear Research Facility

Retrieved on: 
Wednesday, December 7, 2022

AECL President & CEO, Fred Dermarkar, and CNL President & CEO, Joe McBrearty, were joined by local officials and representatives of Canada’s nuclear supply chain to celebrate construction of the new facility.

Key Points: 
  • AECL President & CEO, Fred Dermarkar, and CNL President & CEO, Joe McBrearty, were joined by local officials and representatives of Canada’s nuclear supply chain to celebrate construction of the new facility.
  • Scheduled for completion in the spring of 2028, the ANMRC is a state-of-the-art research complex that will be one of the largest nuclear research facilities ever built in Canada.
  • The Advanced Nuclear Materials Research Centre (ANMRC) is an important step forward in Canada’s long history as a peaceful user of nuclear power.
  • Working with Canadian Nuclear Laboratories, AECL enables nuclear science and technology and manages the Government of Canada’s radioactive waste responsibilities.