As it prepares to test a prototype of its Kaleidos microreactor at Idaho National Laboratory's DOME facility, Radiant Industries has secured USD100 million in Series C funding bringing the company's total venture funding to USD160 million.

The engineering, procurement and construction management contract for the completion of Romania's Cernavoda units 3 and 4 has been signed with the FCSA Joint Venture including Fluor, AtkinsRéalis, Ansaldo Nucleare and Sargent & Lundy Energie.

The International Atomic Energy Agency and the European Bank for Reconstruction and Development have signed a memorandum of understanding to broaden their collaboration in the nuclear energy sector.

The US International Development Finance Corporation has signed a letter of interest with Polskie Elektrownie Jądrowe to provide more than PLN4 billion (USD980 million) in financing for Poland's first nuclear power plant.

The World Economic Forum has released a framework to help align stakeholders on key actions and strategies to accelerate deployment of small modular reactors and other advanced nuclear technologies.

The Czech Republic's competition authority has issued a preliminary ruling rejecting the appeals by Westinghouse and EDF about the tender process for new nuclear units in the country which saw Korea Hydro & Nuclear Power selected.

Micro modular reactor and TRISO fuel company Ultra Safe Nuclear Corporation says it is seeking to run a sale process after filing for Chapter 11 bankruptcy protection in the USA.

Slovakia has been awarded a grant from the USA's Nuclear Expediting the Energy Transition (NEXT) project for help in selecting a site for the construction of small modular reactors in the country.

The Board of Directors at the US Export-Import (Exim) Bank has approved a final commitment for a USD98 million loan for pre-project services needed for the development of a first-of-kind NuScale small modular reactor in Romania.