Tag Archives: small modular reactor

President Donald Trump signed an executive order Tuesday directing the federal government to launch an initiative to drive the adoption of small modular nuclear reactor technology across national defense and space exploration programs.

Fluor Corp.-backed (NYSE: FLR) NuScale Power has landed a potential five-year, $217 million investment from the U.S. Energy Department for a nuclear reactor development project. DOE will invest up to $217 million through a cost-sharing program designed to help NuScale develop and market a small modular reactor system, Fluor said …