Deep Fission said on Wednesday it is targeting a valuation of about US$1.66 billion in its U.S. initial public offering, looking to ride a wave of investor demand for nuclear power as AI-fueled electricity use surges. The Berkeley, California-based company is seeking up to US$156 million by offering six million shares priced between US$24 and …
The Maharashtra government on Tuesday signed memoranda of understanding (MoUs) with four companies to attract investments worth Rs 6.5 lakh crore in the nuclear energy sector, with the projects expected to generate 25,400 MW of power and create 1,23,500 jobs. The government signed the agreements with NTPC Limited, Adani Power Limited, Reliance Industries Limited and …
The Nuclear Company today announced the launch of NOS Security, a next-generation nuclear security platform developed over the past year in stealth to modernize the protection of nuclear energy infrastructure, construction sites, and operating facilities across the United States and allied nations. NOS Security is being developed as an integrated cyber-physical security platform designed specifically …
The Zambian people will head to the polls on August 13, 22.5 million strong and expected to return a government that has put the modernisation of its mining sector at the forefront of its agenda. Hakainde Hichilema, known colloquially as Bally, put five election defeats behind him by claiming 59.02% of the vote in 2021’s …
Armenian Prime Minister Nikol Pashinyan said Armenia’s decision regarding the type of future nuclear power plant it will build will be based on economic considerations rather than political preferences. Speaking to journalists during a “Civil Contract” campaign event in Yerevan, Pashinyan stated that Armenia is evaluating proposals from multiple countries, including Russia, the United States, …
The CEO of Indian company Tata Power has told shareholders it is advancing its plans for small modular reactors. Praveer Sinha said the company was in the process of preparing detailed project reports, in collaboration with Nuclear Power Corporation of India Ltd, for two 220 MWe reactors, which could be ready in six months from now. …
Rosatom’s Director General Alexei Likhachev has said Russia is ready to offer Indonesia a comprehensive approach to developing its national nuclear programme, ranging from gigawatt-scale units to small modular reactors and floating power plants. His comments came after meeting Indonesian President Prabowo Subianto (pictured above, left with Likhachev), and discussing areas of cooperation in the …
Wyoming’s already hot nuclear sector just went global, with Taiwan and Wyoming signing an agreement on modular nuclear reactors to serve the island’s surging, AI-driven demand. “This deal bodes well for Wyoming,” said Wyoming mining honcho Travis Deti. It’s another day and another deal for Wyoming’s booming uranium sector, which has been ramping up to …
Kazakhstan’s new Atomic Energy Agency is already thinking beyond the first reactor site on the shores of Lake Balkhash. This week, agency chair Almasadam Satkaliyev said the northern Kostanay region could become “a promising location” for a nuclear power plant in “20 to 30 years,” effectively adding a new dot to the country’s fast-expanding energy …
Opposition is already building as Cork East TD James O’Connor plans to bring Electricity Regulation (Amendment) bill to a Fianna Fáil meeting following support from the Taoiseach A bill which would see Ireland overturn a two-and a-half decade ban on nuclear energy will be discussed this week by Fianna Fáil politicians. Cork East TD James …