Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge

Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 21:07:41 +0000

Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which […]

The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.

USNC Micro Modular Reactor

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Sage Snags Air Force Contract for Geothermal Power Demonstration in Texas

Credit to Author: Sonal Patel| Date: Tue, 24 Sep 2024 15:11:34 +0000

The U.S. Department of the Air Force has awarded Sage Geosystems an initial $1.9 million contract to demonstrate its pioneering geothermal baseload power and energy storage system at an off-site […]

The post Sage Snags Air Force Contract for Geothermal Power Demonstration in Texas appeared first on POWER Magazine.

Sage Geosystems says its geothermal baseload power and energy storage technology, validated in 2022, offers a scalable solution for harnessing geothermal energy nearly anywhere, promising reliable, sustainable power and enhanced grid stability with vast potential for global expansion. Courtesy: Sage Geosystems

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