Two major nuclear companies with facilities in East Tennessee will join forces after a $525 million acquisition.
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Nukes on trucks: US firm advances mobile nuclear reactors for military powerNANO Nuclear Energy expands its microreactor portfolio with a strategic acquisition, bolstering its advanced nuclear ...
BWXT Enters Agreement to Acquire Kinectrics, a Leading Service Provider to the Global Nuclear Market
BWX Technologies, Inc. (NYSE: BWXT) today announced that it has entered ... is expected to generate revenue of approximately US$300 million in 2024 in two core business areas: commercial power ...
The funding is through the U.S. Department of Energy’s Generation III+ Small Modular Reactor (SMR) Program, launched in 2024.
BWXT Enters Agreement to Acquire Kinectrics, a Leading Service Provider to the Global Nuclear Market
BWX Technologies, Inc. (NYSE: BWXT) today announced that it has entered into an agreement ... Kinectrics, headquartered in Toronto, Canada, is expected to generate revenue of approximately US$300 ...
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.
As more companies moved to Oak Ridge, 2024 brought with it a steady stream of nuclear news coming out of the Knoxville region ...
Geveden, BWXT President and Chief Executive Officer ... and this project will pioneer the implementation of GEH's BWRX-300 small modular reactor technology in the United States.
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