Idaho National Laboratory

NANO Nuclear Energy Inc. Announces Closing of Oversubscribed $4.14 Million Round, Led by Former Transportation Executives to Fund the Research & Development of 'ZEUS' Portable Advanced Nuclear Micro Reactor and its Next Phase of Growth

Retrieved on: 
Monday, February 13, 2023

The largest of these investors include a former c-suite level executive of the largest transportation company in the world and their colleagues.

Key Points: 
  • The largest of these investors include a former c-suite level executive of the largest transportation company in the world and their colleagues.
  • “The money raised will be used to further the Company’s numerous efforts to disrupt, revolutionize and progress the sustainable, carbon free and nuclear energy industry.
  • “There has been a lot of development and growth in the nuclear energy industry in the recent months,” said James Walker, NANO Nuclear Energy’s CEO and Board Member.
  • “Creating the next generation advanced nuclear micro reactors requires a lot of effort and manpower,” said Dr. Jeffrey L. Binder, NANO Nuclear Energy’s Head of Nuclear Laboratory and Technologies.

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

Idaho Regional Optical Network Names Andy Binder Chief Executive Officer

Retrieved on: 
Friday, February 3, 2023

BOISE, Idaho, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Idaho Regional Optical Network (IRON), Idaho’s leading non-profit fiber optic network infrastructure provider, announced Andy Binder has been named President & Chief Executive Officer (CEO).

Key Points: 
  • BOISE, Idaho, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Idaho Regional Optical Network (IRON), Idaho’s leading non-profit fiber optic network infrastructure provider, announced Andy Binder has been named President & Chief Executive Officer (CEO).
  • Andy takes the helm from Brent Stacey, who has been IRON’s President and CEO.
  • Binder recently served as Vice President & General Manager of HP’s Toner Supplies & Solutions business.
  • Andy began his career at HP as an engineer in the Boise Printer Division in Boise, ID.

Atlas Awarded Three-Year, $21 Million Contract Extension at the Naval Nuclear Laboratory

Retrieved on: 
Wednesday, January 25, 2023

AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a three-year, $21 million contract extension to provide Construction Materials Testing (CMT) on the Spent Fuel Handling Recapitalization Project at the Naval Nuclear Laboratory.

Key Points: 
  • AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a three-year, $21 million contract extension to provide Construction Materials Testing (CMT) on the Spent Fuel Handling Recapitalization Project at the Naval Nuclear Laboratory.
  • Under the contract with Fluor Marine Propulsion, LLC, which manages the Naval Nuclear Laboratory, Atlas is designated as the Independent Testing Agency ensuring that concrete materials used at the site meet proper Nuclear Quality Assurance (NQA-1) standards.
  • “We are honored to build on our 20+ years of experience across a variety of projects at the Idaho National Laboratory (INL).
  • This contract extension allows us to continue our work at the Naval Nuclear Laboratory at INL to ensure the consistent delivery of high-quality assets for U.S Government agencies including the Department of Energy and the National Nuclear Security Administration,” said Atlas CEO, L. Joe Boyer.

Public-Private Collaboration Aims to Improve Security for Wind Energy Technologies

Retrieved on: 
Wednesday, January 18, 2023

HOUSTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Industry experts from Everpoint Services ("Everpoint") and National Lab Researchers from Idaho National Laboratory and Sandia National Laboratories have engaged in collaboration efforts to focus on securing the nation's fleet of wind plants.

Key Points: 
  • HOUSTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Industry experts from Everpoint Services ("Everpoint") and National Lab Researchers from Idaho National Laboratory and Sandia National Laboratories have engaged in collaboration efforts to focus on securing the nation's fleet of wind plants.
  • The teams recently met at a 20-megawatt wind plant owned by Everpoint in Northern Texas to perform live field evaluations of hardware and software with the intent of leveraging the physical infrastructure of the wind industry with a digital posture.
  • Everpoint utilizes their wind plant as an R&D facility for technologies and processes to improve its services offerings - turbine decommissioning, testing solar radiation monitoring, sensor-enabled vegetation management, equipment vibration and other potential enhancements to its businesses of servicing and maintaining renewable energy assets.
  • "This is an exciting example of public and private interests coming together to solve the complex challenges facing energy power generation plants in the United States," said Tyler Goodell, CEO at Everpoint Services.

Pan American Energy to Support Proposed University of Nevada Research and Development of Lithium Production from Geothermal Brines

Retrieved on: 
Tuesday, January 17, 2023

CALGARY, Alberta, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce its support of the proposed project “Battery-grade lithium hydroxide production from geothermal brines” (the “Project”).

Key Points: 
  • CALGARY, Alberta, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce its support of the proposed project “Battery-grade lithium hydroxide production from geothermal brines” (the “Project”).
  • The Project is being led by the research team at the University of Nevada in response to the Department of Energy – Office of Energy Efficiency and Renewable Energy (EERE) funding opportunity announcement – DE-FOA-0002823.
  • The Project is focused on developing novel approaches to efficiently separate lithium from other available ions in lithium brine solutions.
  • Jason Latkowcer, CEO and Director, comments, “We are excited to support the Project from the University of Nevada.

Great Lakes Clean Hydrogen Coalition Encouraged to Submit Full Application by U.S. Department of Energy

Retrieved on: 
Friday, January 13, 2023

TOLEDO, Ohio, Jan. 13, 2023 /PRNewswire/ -- The Great Lakes Clean Hydrogen coalition (GLCH) today announced it has received encouragement from the U.S. Department of Energy (DOE) to proceed with the development and submittal of their full hydrogen hub application.

Key Points: 
  • TOLEDO, Ohio, Jan. 13, 2023 /PRNewswire/ -- The Great Lakes Clean Hydrogen coalition (GLCH) today announced it has received encouragement from the U.S. Department of Energy (DOE) to proceed with the development and submittal of their full hydrogen hub application.
  • The proposal, by GLCH, was selected as one of 33 projects encouraged to proceed to the full application process.
  • The facility proposes to distribute the hydrogen across the Great Lakes region by pipeline and road transportation.
  • The proposed approach will supplement hydrogen from nuclear power, as needed, with clean hydrogen produced through solar energy projects under development in the region.

NuScale Reaches Key Milestone in the Development of the Carbon Free Power Project

Retrieved on: 
Monday, January 9, 2023

NuScale Power Corporation (NYSE: SMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the Development Cost Reimbursement Agreement (DCRA).

Key Points: 
  • NuScale Power Corporation (NYSE: SMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the Development Cost Reimbursement Agreement (DCRA).
  • This key milestone was reached with the receipt and acceptance of the CFPP’s Class 3 Project Cost Estimate (PCE), which further refines the anticipated total cost of the project.
  • The CFPP will be the first NuScale Power SMR power plant to begin operation in the United States near Idaho Falls, Idaho, at the U.S. Department of Energy’s Idaho National Laboratory.
  • NuScale and the CFPP have yet to execute the amendment to the DCRA adopting the new price target.

Lightbridge Announces Long-Term Strategic Partnership with Idaho National Laboratory

Retrieved on: 
Monday, December 12, 2022

RESTON, Va., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, has entered into landmark agreements with Idaho National Laboratory (INL), in collaboration with the U.S. Department of Energy (DOE), to support the development of Lightbridge Fuel™.

Key Points: 
  • RESTON, Va., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, has entered into landmark agreements with Idaho National Laboratory (INL), in collaboration with the U.S. Department of Energy (DOE), to support the development of Lightbridge Fuel™.
  • The data will support fuel performance modeling and regulatory licensing efforts for the commercial deployment of Lightbridge Fuel.
  • We look forward to working closely with INL, which Congress has designated as the nation’s lead nuclear energy research and development laboratory and is DOE’s lead nuclear fuel testing laboratory.
  • To date, Lightbridge has been awarded twice by the U.S. Department of Energy’s Gateway for Accelerated Innovation in Nuclear (GAIN) program to support development of Lightbridge Fuel™.