Nuclear Innovation Alliance published a Nov 2025 Advanced Nuclear Reactor Technology Primer.
In their TerraPower/Natrium summary (page 19) they say:
The total ARDP DOE award is worth up to $1.97 billion. In November 2021, TerraPower selected Kemmerer, Wyoming as the demonstration site for the Natrium reactor, marking the only coal-to-nuclear project underway in the world. PacifiCorp will purchase the power. In October 2022, GE-Hitachi’s Global Nuclear Fuel and TerraPower announced they will be building a fuel fabrication facility in North Carolina. In December 2022, TerraPower also announced over $800 million raised from private investors. TerraPower also announced the close of a $650 million fundraise in June 2025. The fundraise consisted of existing investors and new investors, most prominently, NVIDIA.
They also summarize BWXT on page 35.
« Previous Article | Next Article »
