Next-Gen Nuclear Company Receives First U.S. Fuel License in 50 Years
The 40-year license allows the company to receive, process, and transport the uranium material needed for the fuel.
Advertisement
Terra Innovatum secured all key nuclear- and non-nuclear-grade components and systems for rapid unit deployment of micro-modular reactors.
Five U.S. companies were awarded over $19 million to research and develop recycling technologies for used nuclear fuel.
Ultimately, Rolls-Royce’s goal is to get the modular power plants up and running faster than traditional construction would allow.