Antares Receives DOE Approval of Mark-0 Demonstration Reactor [Yahoo! Finance]
BWX Technologies, Inc. (BWXT)
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Source: Yahoo! Finance
Antares, which is building compact nuclear microreactors, on April 7 said the DOE's approval confirms the agency's acceptance of the final design for the Mark-0, along with the safety case supporting it. Tuesday's announcement comes after the DOE approved a Preliminary Documented Safety Analysis for the technology in January of this year. The safety approval comes under DOE standard 1271, part of a streamlined regulatory pathway for nuclear power technology. Antares will now start the DOE Readiness Review process, which is the final phase before the DOE approves startup of the company's reactor pilot. Antares on Tuesday said it is on track for the pilot to achieve criticality before July 4 of this year. The DOE wants to achieve criticality for at least three advanced nuclear reactors by July 4 as part of a "Reactor Pilot Program," which is designed to accelerate commercial deployment of nuclear power technology. The initiative has targeted deployment of 400 GW of nuclear power generat
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