DOE Grants $94M to Jumpstart U.S. Small Modular Reactor Projects
TL;DR
The Energy Department selected eight U.S. companies to receive over $94 million in cost-shared funding to accelerate near-term deployment of advanced Gen III+ small modular reactors, backing site selection/permits, supply-chain upgrades, and manufacturing capacity to position the United States for 2030s deployments under President Trump's nuclear-energy agenda.
- Energy Department Awards $94 Million to American Companies to Help Expedite the Deployments of Small Modular Reactors in the United States Department of Energy (.gov)
- US considers financing billions of dollars for nuclear plant parts, industry group says Reuters
- State of the Nuclear Industry 2026: Korsnick Says the Real Test Is Now Scale POWER Magazine
- US DOE might finance long-lead nuclear reactor components for utility group S&P Global
- U.S. government increases backing for advanced reactor deployment and capacity enhancement technologies Energies Media
Want the full story? Read the original reporting
Read on Department of Energy (.gov)