Breaking News
Hakeem Jeffries backs impeaching Secretary Pete Hegseth, per Bloomberg
The First REAL Snow Threat Is Coming...
The Greatest Theft in Human History
Trump Judges Most Likely to Be Confirmed Before New Senate Takes Over
Top Tech News
Dude turns a $23 used smartphone into the 4G brain of an RC aircraft.
China's World-Beating Supercar Just Hit 312 MPH
Pentagon Delivers 25,000+ Drones And Counter-Drone Systems To CENTCOM In A "Massive Surge"
Prism puts an eye-controlled Linux computer on your face
Remember Yesterday: AI For Today and Tomorrow
Robot Mowers Invade America's Golf Courses, Putting Groundskeepers On Notice
Monstrous 13-foot mecha craves the dangerous jobs humans avoid
Scentronic tech lets you smell the internet
Virgin Galactic's new rocket plane revives its bid for a space airline
The metal kept moving east while the sellers ran, and Ronnie called the flush a week early
Moltex Energy Gets US$7.5 Million in Crowdfunding for Molten Salt Nuclear Reactor
Their design is a Stable Salt Reactors that builds on the fundamental safety and simplicity breakthrough of molten salt fuel in essentially standard nuclear fuel tubes. The funding will support the company through the pre-licensing process in Canada and will allow the further development of the business in the UK.
NB Power President and CEO Gaëtan Thomas says he is pleased with the progress made to date by Advanced Reactor Concepts (ARC) Nuclear and Moltex Energy, the two companies carrying out research and development of small modular reactors at offices in Saint John, New Brunswick.
"NB Power is encouraged with the progress and remains convinced of the significant need and market potential for both of these types of advanced reactor technologies," said Thomas. "We see these technologies addressing different yet complementary markets in Canada and around the world."
Small modular reactors are the next generation of nuclear technology, and the technology can be scaled for designs with an output of between five and 300 megawatts. The units can be constructed and shipped to locations where they are assembled on site.