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Nuclear
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Aalo Atomics First to Break Ground as Part of President Trump’s Nuclear Reactor Pilot Program

AUSTIN, Texas & IDAHO FALLS, Idaho--(BUSINESS WIRE)--Today, Austin-based Aalo Atomics broke ground to start construction on Aalo-X, the first experimental extra modular nuclear reactor (XMR). Located next to Idaho National Laboratory (INL)’s Materials and Fuels Complex, Aalo plans to complete construction and achieve criticality for this reactor by July 4th, 2026. The groundbreaking event – coming just two weeks after Aalo was selected by the U.S. Department of Energy (DOE) to participate in Pr...
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Babcock & Wilcox to Present at the 2025 Gateway Investor Conference on September 3, 2025

AKRON, Ohio--(BUSINESS WIRE)--B&W is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3-4 at the Four Seasons Hotel in San Francisco....
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General Atomics Marks Completion of the World’s Largest and Most Powerful Pulsed Superconducting Magnet for Fusion Energy

SAN DIEGO--(BUSINESS WIRE)--Scientists and engineers at General Atomics (GA) are celebrating a landmark achievement today with the successful completion of the Central Solenoid Modules that make up the largest and most powerful pulsed superconducting magnet ever built. At nearly 60 feet tall, the Central Solenoid will power fusion reactions at ITER, an international fusion science facility now under construction in southern France. This significant milestone underscores the ingenuity of Califor...
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Forgent Power Solutions Becomes Parent Brand for MGM, PwrQ, States and VanTran and Announces Data Center Equipment Veteran as Chief Executive Officer

CHICAGO--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent Power” or the “Company”), a leading designer and manufacturer of electrical distribution equipment for data centers, the power grid and energy-intensive industrial facilities, today announced that “Forgent” will become the parent brand for MGM Transformers, PwrQ, States Manufacturing and VanTran. The Companies have operated under common ownership since 2023 when the platform was formed. The announcement of the Forgent brand is th...
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Babcock & Wilcox Announces Partial Redemption of Notes

AKRON, Ohio--(BUSINESS WIRE)--B&W announced today that we issued a notice of redemption for $70 million aggregate principal amount outstanding of our 8.125% Senior Notes due 2026....
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Midwest Defense Innovation Summit to Spotlight AI and Innovation for National Security

INDIANAPOLIS--(BUSINESS WIRE)--Speakers announced for Midwest Defense Innovation Summit include Vivek Ramaswamy, Technology Entrepreneur Raj Shah, and Senator Jim Banks (IN)....
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Central Illinois Rallies to Celebrate a New Era for the Clinton Clean Energy Center

CLINTON, Ill.--(BUSINESS WIRE)--Community members and labor leaders joined Constellation and Meta to celebrate the agreement securing Clinton Clean Energy Center's long-term future....
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EOLA Power Named to 2025 Inc. 5000 List of America’s Fastest-Growing Private Companies, Ranked Among Top Technology Firms in Critical Power

MIAMI--(BUSINESS WIRE)--EOLA Power, a leader in mission-critical Uninterruptible Power Supply (UPS) services, today announced it has been named to the 2025 Inc. 5000 list of the fastest-growing private companies in America. EOLA Power secured a spot on the list with aggressive growth over the past three years, ranking #256 in Florida, #33 in the Technology sector for Critical Power, and #113 in the Miami–Fort Lauderdale region. The Inc. 5000 recognition underscores EOLA Power’s aggressive expan...
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Babcock & Wilcox Announces New Debt Repurchase Authorization

AKRON, Ohio--(BUSINESS WIRE)--B&W's Board of Directors has authorized the repurchase of outstanding 8.125% Senior Notes due 2026 and 6.50% Senior Notes due 2026....
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General Atomics Invests $20 Million in Canadian Nuclear Fusion Venture to Advance Tritium Fuel Cycle Technologies

SAN DIEGO--(BUSINESS WIRE)--General Atomics announced today a $20 million, ten-year strategic investment in Fusion Fuel Cycles, Inc. (FFC), a Canadian joint venture between Canadian Nuclear Laboratories (CNL) and Kyoto Fusioneering. This landmark collaboration will accelerate the development of UNITY-2, a cutting-edge tritium fuel cycle test facility poised to play a pivotal role in clearing the path towards commercializing fusion energy. Scheduled to be operational by mid-2026, UNITY-2—based a...