World-1st nuclear reactor-powered ‘civilian’ ship to raise half-a-billion dollars

To enable worldwide adoption, CORE POWER aims to build advanced reactors, designed for commercial insurance approval. Shipping nuclear propulsion startup CORE POWER will shortly reach its funding milestone of $500 million, which will allow it to finish the technology design and move on to the next steps. The startup, based in the United Kingdom, is planning to …

Utah could have a nuclear power plant within a decade — Here’s what to know

Utah historically has produced energy from coal, oil, and gas, but with Utah’s growing energy demands, state officials are considering turning to nuclear energy within the next decade. State officials held a conference last week to discuss what Gov. Spencer Cox is calling a “looming energy crisis” in the state of Utah. Due to Utah’s rapid population …

U.UEC Increases Licensed Production Capacity to 4 Million Pounds of U3O8 per year at the Irigaray Processing Plant

UEC will have a U.S. industry-leading, three hub-and-spoke production platforms in Wyoming and Texas 12.1 million pounds of U3O8 per year of combined U.S. licensed production capacity, upon closing the previously announced acquisition of Rio Tinto’s Wyoming Assets Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce that it has received approval from the …

EU backs nuclear power ahead of COP29

European Union ministers agreed to support nuclear energy as part of the fight against climate change ahead of next month’s COP29 summit, a marked shift on a power source that has long divided the bloc. The Netherlands, France, and some eastern European nations called for more “institutional support” for nuclear energy, as well as for …

V.GXU Announces Impressive Uranium Recoveries at Muntanga Project Following Column Leach Test Work

Main deposits of Muntanga and Dibbwi East have recoveries of 90% or better Detailed test work program completed during 2024 validates previous work Project benefits from low acid consumption GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“) is pleased to announce positive results from the Feasibility Study testwork undertaken in 2024 for its Muntanga Project. The …

T.GLO Announces Closing of Public Offering for Gross Proceeds of C$40.3 Million

Not for Distribution to United States Newswire Services or for Dissemination in the United States Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced that it has completed its previously announced public offering (the “Offering”) for gross proceeds of C$40,250,460, which included the full exercise of the over-allotment option (the “Over-Allotment Option”).  The Offering …

Ken Griffin, Amazon Invest in Next-Generation Nuclear Energy

Amazon.com Inc. and billionaire financier Ken Griffin are among the backers anchoring a $500 million investment in small nuclear reactors, a burgeoning technology heralded as the next era for atomic energy. The Seattle-based company has signed agreements to develop the new breed of reactors — dubbed small modular reactors, or SMRs — in both Washington …