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The Energy Department just handed eight companies $94 million to fast-track small modular reactors — clearing the licensing and supply snags that stall new plants

The Department of Energy announced in May 2025 that it had selected eight companies to share more than $94 million in federal cost-shared funding, all of it aimed at the specific bottlenecks that keep ...
Reuters

NRC rolls out reforms to accelerate small reactor licensing

Industry Insight from Reuters Events, a part of Thomson Reuters. The U.S. Nuclear Regulatory Commission (NRC) is rolling out a suite of reforms to expedite the approval of Small Modular Reactor (SMR) ...
Crude Oil Prices

Whatever Happened to the Small Modular Reactor Revolution?

The United States, the United Kingdom, China, and Russia are investing heavily in SMR development as part of broader nuclear expansion strategies. China and Russia remain the only countries with ...
Bloomberg L.P.

BWX Agrees to License Nuclear Reactor Design After Activist Push

BWX Technologies Inc. has struck a deal to license its design for a small modular reactor, after activist investor Ananym Capital Management pushed the nuclear technology company to consider ...
world-nuclear-news

Fresh look needed at licensing approach for small reactors - Likhachev

Rosatom Director General Alexei Likhachev has congratulated the US for bringing three microreactors to criticality and noted the role played by "a national regulator that is accommodating to companies ...
JD Supra

NRC Proposes Accelerated Licensing Pathway for DOE and DOW Authorized Reactor Designs

Section 50.43(e) provides two options for license applicants to demonstrate how newer reactor designs accomplish their safety functions. The proposed rule would add a third option, allowing an ...