Babcock International

UK Government Selects X-energy and Cavendish Nuclear for First Advanced Modular Reactor Award from Future Nuclear Enabling Fund

Retrieved on: 
Thursday, April 4, 2024
Environment, Commercial Building & Real Estate, Construction & Property, Other Energy, Utilities, Sustainability, Alternative Energy, Energy, Nuclear, Other Construction & Property, Electricity, Constructability, Temperature, Dow, Government, Babcock International, Kier Group, Partnership, FID, Howden, Steam, AMR, Hydrogen, Modularity, Kier, Renewable energy

X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International, today welcomed a funding award from the UK Government’s Future Nuclear Enabling Fund (“FNEF”) to further the development of their plans for Advanced Modular Reactors (AMRs) in the UK.

Key Points: 
  • X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International, today welcomed a funding award from the UK Government’s Future Nuclear Enabling Fund (“FNEF”) to further the development of their plans for Advanced Modular Reactors (AMRs) in the UK.
  • X-energy and Cavendish Nuclear also announced a partnership with Kier Group (“Kier”), a leading UK provider of construction and infrastructure services, to support constructability and supply chain analyses.
  • Kier joins steel producer and engineer Sheffield Forgemasters and the Nuclear Advanced Manufacturing Research Centre (NAMRC) to support X-energy and Cavendish Nuclear in completing the scope outlined in their FNEF proposal.
  • Last year X-energy and Cavendish Nuclear signed a memorandum of understanding with Howden, the Glasgow-based gas circulator manufacturer.

Michael Lempke to Lead HII’s Australia Business

Retrieved on: 
Wednesday, January 17, 2024
Pillar, Commonwealth, University, DOE, HII, Partnership, Science, AUKUS, Mission, AI, Environment, Nuclear, AWA, Ecosystem, Workforce, Babcock International, Machine learning, Education, Renewable energy

MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Mission Technologies division announced that Michael Lempke will lead HII Australia business efforts, effective Jan. 1, 2024.

Key Points: 
  • MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Mission Technologies division announced that Michael Lempke will lead HII Australia business efforts, effective Jan. 1, 2024.
  • Lempke will direct HII’s business in-country and specifically in support of the Australia-United Kingdom-United States (AUKUS) trilateral partnership.
  • Lempke also serves as president of Mission Technologies’ Nuclear and Environmental Services business group.
  • For HII in Australia, Lempke will be responsible for leveraging HII expertise in unmanned systems, C5ISR operations, the application of AI and machine learning, and nuclear shipbuilding expertise in support of AUKUS.

Babcock develops cutting-edge communications and control technology in partnership with Arqit

Retrieved on: 
Thursday, December 7, 2023
Failure, Innovation, Babcock International, Cyberattack, AI, Machine learning, Innovate UK, Risk management

LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Babcock International Group (Babcock) has developed a technology with the capability of controlling single or entire fleets of vehicles in a defence environment.

Key Points: 
  • LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Babcock International Group (Babcock) has developed a technology with the capability of controlling single or entire fleets of vehicles in a defence environment.
  • Babcock demonstrated its SwarmCore technology, an advanced software system made up of multiple networks, at the UK Ministry of Defence’s BattleLab site last week in Dorset.
  • The project was created in collaboration with Arqit, a leader in quantum-safe encryption and supported by the UK’s national innovation agency, Innovate UK.
  • It can be operated either fully autonomously or by remote human control at a safe distance from the battlefield.

Cameco Announces Third Quarter Results; Tier-One Transition Continues to Drive Gross Profit Improvement; Amplified Security of Supply Concerns Benefit Full-Year Revenue Outlook; Decade-High Industry Contracting Volume Achieved; Dividend Declared

Retrieved on: 
Tuesday, October 31, 2023
Chemicals, Plastics, Mining, Minerals, Manufacturing, Energy, Natural Resources, Nuclear, Caspian, Transfer, JV, Canada Revenue Agency, United Kingdom, Brookfield Renewable Partners, NYSE, International, Health, Uranium, WNA, Government, Canadian Nuclear Safety Commission, University, CCO, Acquisition, International Financial Reporting Standards, Babcock International, MBA, Urenco Group, Nuclear energy, Engineering, Institution of Chemical Engineers, International Atomic Energy Agency, Environment, Growth, World Nuclear Association, Transport, Risk, Turkish coup d'état, Tax court, Henley Business School, Safety, McArthur, Chief commercial officer, CRA, Henley Business School South Africa, TSX, Renewable energy, Uranium mining, Bank, Rare-earth element, Westinghouse, Kazatomprom, Cameco, McArthur River, Energoatom, Inkai Uranium Project

In the short term, supply chain issues and inflation risks are causing production challenges for current operators.

Key Points: 
  • In the short term, supply chain issues and inflation risks are causing production challenges for current operators.
  • Compared to previous price cycles, the market does not have the inventory or secondary supplies to absorb market shocks.
  • This conference of government and industry leaders met with the intention of building leadership and cooperation in nuclear energy.
  • The transition to a clean and secure energy world is our imperative and I look forward to helping this transition with Cameco,” said Dominic Kieran.

Palantir Technologies Signs Partnership With Titan Defence Firm, Babcock

Retrieved on: 
Wednesday, September 13, 2023
Data Management, Defense, Security, Technology, Software, Artificial Intelligence, Contracts, Partnership, AIP, Indian Army Public Schools, Equipment support, Defence Support Group, DSEI, EA, Palantir Technologies, Carbon, Ship, Babcock, DSG, Babcock International, Microsoft Enterprise Agreement, Data analysis, PLTR, Nature, European, Daou Technology Inc., Ecosystem, Royal College of Defence Studies, Maintenance, UK, News, NYSE, MOD, Sales, Arms industry, Risk management, Land, Palantir

Palantir Technologies Inc. (NYSE: PLTR) is enabling the Babcock International Group to strengthen its digital defence capabilities through an Enterprise Agreement (EA) announced at DSEI today in London.

Key Points: 
  • Palantir Technologies Inc. (NYSE: PLTR) is enabling the Babcock International Group to strengthen its digital defence capabilities through an Enterprise Agreement (EA) announced at DSEI today in London.
  • The partnership will leverage Palantir AIP, the AI-enabled instance of the company’s software, that will aim to transform how the Babcock workforce captures, integrates, models and builds data-driven solutions.
  • Guy Williams, Head of UK Defence & National Security from Palantir Technologies said:
    “We’re excited to partner with Babcock as they realise their digital defence ambitions.
  • Together, we are driving toward a new era for the UK’s Defence enterprise - one that is pioneering, modern and leverages Palantir AIP.

HII and Babcock International Group Create Strategic Partnership to Explore Global Opportunities

Retrieved on: 
Monday, July 17, 2023
HII, Ship, Babcock International, Memorandum, AUKUS, NYSE, Uranium mining, Renewable energy, NEWS

The Memorandum of Understanding also identifies opportunities for cooperation in civil nuclear, including power plant and component design, fabrication and construction in North America and the U.K. For Babcock, this will include leveraging the capability of its wholly-owned subsidiary, Cavendish Nuclear, a leader in the U.K. nuclear civil industry across the nuclear lifecycle.

Key Points: 
  • The Memorandum of Understanding also identifies opportunities for cooperation in civil nuclear, including power plant and component design, fabrication and construction in North America and the U.K. For Babcock, this will include leveraging the capability of its wholly-owned subsidiary, Cavendish Nuclear, a leader in the U.K. nuclear civil industry across the nuclear lifecycle.
  • “As we expand our presence globally this is an important agreement to leverage more than 60 years of HII expertise in complex nuclear processes on behalf of civil and defense customers,” said Chris Kastner, president and CEO of HII.
  • “We are excited to explore with Babcock potentially promising opportunities for both companies.”
    “This collaboration supports our expanding global reach and capability,” said David Lockwood, CEO of Babcock.
  • “We look forward to working with HII to realize the benefits that our collaboration can bring to the nuclear programs in the U.K., U.S. and beyond.”
    HII and Babcock will also explore how their combined capability as global leaders in defense can be applied in support of the Australia – United Kingdom – United States (AUKUS) programs.

X-energy UK and Cavendish Nuclear Convene British Suppliers to Support Early Deployment of Advanced Small Modular Reactors

Retrieved on: 
Friday, January 27, 2023
Other Energy, Professional Services, Environmental Policy, Environmental Issues, Nuclear, Sustainability, Alternative Energy, Energy, Technology, Environment, Other Professional Services, Green Technology, Other Technology, AAC, Private sector, Pebble bed modular reactor, Babcock International, Register, Electricity, Ontario Power Generation, NYSE, Steam, Carbon, Dow, Government, Acquisition, Workforce, Government of the United Kingdom, UK Government Investments, Commonwealth of Australia (US securities entity), Electric Bond and Share Company v. Securities and Exchange Commission, Intelligent UK Holdings Limited, Education minister, Registration statement, Generic, Office for Nuclear Regulation, Uranium, TRISO, Uranium mining, Renewable energy, Security (finance), Winfrith

The reactors are designed to be capable of producing both electricity and higher-temperature heat and steam than conventional ‘small modular reactors’ and can supply electricity and heat for hydrogen production and replace fossil fuel-generated heat for industrial processes.

Key Points: 
  • The reactors are designed to be capable of producing both electricity and higher-temperature heat and steam than conventional ‘small modular reactors’ and can supply electricity and heat for hydrogen production and replace fossil fuel-generated heat for industrial processes.
  • This intrinsic safety reduces the need for many of the largest, most expensive and time-consuming structures and systems found in traditional nuclear plants.
  • “We’re keen to see the Government press ahead with its ambitious plans for a program of nuclear power stations, including the establishment of the Great British Nuclear body.
  • The reactor is an ideal successor to the British Advanced Gas-cooled Reactor fleet, given the UK’s rich knowledge of gas graphite reactors.

Vertical Announces Appointment of Former McLaren Automotive CEO Mike Flewitt to its Board

Retrieved on: 
Tuesday, July 19, 2022
Environment, Technology, Engineering, Aerospace, Manufacturing, Alternative Energy, Green Technology, Energy, Hardware, U.S. Securities and Exchange Commission, Mechanical, Failure, Accident, Founder CEO, Board, Industry, Ford Motor Company, CFO, SEC, CEO, Noise, Aviation, McLaren Automotive, Private Securities Litigation Reform Act, Forward-looking statement, Founder, Farnborough Airshow, Travel, Emergency medical services, Ford of Europe, Rolls-Royce, McLaren, Certification, Gol, COVID-19, Code of Federal Regulations, Volvo, Growth, Â, Partnership, Securities Exchange Act of 1934, Aircraft, Alumnus, Director, Engineering, University of Salford, NYSE, JAL, EMS, Babcock International, Non-executive director, Vertical Aerospace, Annual report, EVTOL, Air Greenland, Management, 3D printing, Airline, Japan Airlines, Vertical, American Airlines, Manufacturing, AirAsia

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces the appointment of former McLaren Automotive CEO, Mike Flewitt, to the Board of Directors (the Vertical Board).

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces the appointment of former McLaren Automotive CEO, Mike Flewitt, to the Board of Directors (the Vertical Board).
  • Mike is joining the Vertical Board having stepped down from McLaren Automotive in October 2021 after eight years leading the group.
  • Mike was instrumental in driving McLaren Automotives growth to become one of the worlds leading luxury supercar brands.
  • Prior to joining McLaren, Mike spent nine years at Ford as both Vice President, Manufacturing, Ford Europe, and Corporate Officer, Ford Motor Company.

Ambulance Services Market to Exceed Valuation of US$ 70 billion by 2031: TMR Study

Retrieved on: 
Wednesday, June 8, 2022
BLS, Babcock International, US, Air Methods, Ambulance, Health care, Government, Growth, Patient, ALS, Adoption, Atmosphere, EMS, TMR, Most favoured nation, Population, Emergency medical services, Psychiatry, Ageing, Residential care, Health insurance, Hospital, Transport

Recent developments in the ambulance services have underscored the trend of massive demand for services in basic life support (BLS).

Key Points: 
  • Recent developments in the ambulance services have underscored the trend of massive demand for services in basic life support (BLS).
  • The opportunities in the segment are projected to expand at moderate pace in the near future, as a TMR study found analysing the growth dynamics of the ambulance services market .
  • In this regard, the analysts of TMR observed that air and boat ambulance services have created lucrative avenues for companies in the ambulance services market.
  • Presence of a vast target population especially in the emerging economies will fuel the growth of the Asia Pacific ambulance services market.

Architectural, Engineering Consultants and Related Services Global Market Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 9, 2022
Other Construction & Property, Architecture, Construction & Property, Help Us Green, International, USGBC, Architecture, AECOM, Maintenance, Leadership in Energy and Environmental Design, EC, Leadership, Engineering, Jacobs Engineering Group, Maharashtra Metro Rail Corporation Limited, Consultant, The Korte Company, Non-governmental organization, Power Construction Corporation of China, Biophysical environment, Fluor Corporation, Worley (company), Carbon, HVAC, Green building council, BIM, Program, Technology, Knowledge, COVID-19, Growth, KBR (company), CAGR, Organization, Babcock International, LEED, Lighting, Construction

The "Architectural, Engineering Consultants And Related Services Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Architectural, Engineering Consultants And Related Services Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • The architecture, engineering consultants and other related services (A, EC & related services) market consists of the sales of A, EC & related services and related goods by entities (organizations, sole traders and partnerships) that provide support to the planning and designing of construction related businesses of all sizes across all industries.
  • Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred to as architectural firms or engineering consultancy firms.
  • The main types of architectural, engineering consultants and related services are engineering services, architectural services, surveying & mapping services, geophysical services, laboratory testing services, building inspection services and drafting services.