These reactors are designed to provide clean, reliable, and on-demand power for a variety of applications, including remote ...
The funding is through the U.S. Department of Energy’s Generation III+ Small Modular Reactor (SMR) Program, launched in 2024.
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employs 1,300 engineers and technicians at 20 sites worldwide and generated $300 million in revenue in 2024. Once the sale closes, the workforce of BWXT's commercial unit will nearly double.
Two major nuclear companies with facilities in East Tennessee will join forces after a $525 million acquisition.
The acquisition strengthens BWXT’s CANDU reactor market presence and expands its reach to the US and select international markets. Credit: T. Schneider/Shutterstock. US-based engineering services ...