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RE: LeoThread 2025-04-17 10:43

in LeoFinance6 months ago

The successful submission and acceptance of the construction permit application (CPA) to the NRC is also an important milestone, and so is the over a years’ worth of review with the NRC on the company’s CPA and Topical Report Submittals, with the NRC recently announcing they are ahead of schedule on the review.

The company had also recently been awarded a state-level construction permit from the State of Wyoming; where the first Natrium project is being built.

The bid by Terrapower can be seen as a challenge to Rolls-Royce which is hoping to get its mini-nuclear reactors accepted for UK’s nuclear energy resurgence.

Alongside these two, GE Hitachi, Holtec and Westinghouse have also been participating in the tender approved by the UK government, as per a report by Telegraph. The winner of the tender process is slated to be announced by mid-2025.