NuScale Power secures investment, support for SMR deployment from IHI
NuScale Power finalized an investment agreement with IHI, a comprehensive heavy-industry engineering and manufacturing company headquartered in Japan. As part of a commercial relationship with NuScale, IHI will provide cash investment in NuScale Power. The IHI-NuScale relationship results in IHI becoming a strategic supplier for NuScale Plants, whereby IHI will be a preferred supplier of certain manufactured components for NuScale Plants globally.
The announcement signals the second commercial relationship and investment in NuScale Power from a Japanese-based company, following the recent agreement with JGC Holdings Corporation, and is indicative of growing Japanese and global interest in NuScale’s groundbreaking small modular reactor (SMR) technology, the company said.
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Life is a risky business. We are exposed to an unending cascade of risks, with some deemed “worse” than others, writes John Lindberg of World Nuclear Association. Since the 1970s, a considerable amount of psychological research dedicated to understanding why we often ignore some of the statistically biggest risks (e.g. driving, smoking), whilst fearing some of the smallest (e.g. nuclear power), has concluded that factors such as emotions, mental imagery, and trust, are central to the way we assess risks. Few risks elicit as strong a response as radiation, especially when in connection with nuclear power, largely thanks to its invisibility, links with cancer, and media portrayals.
Mark B. Chadwick, chief scientist and chief operating officer of Weapons Physics, and Stuart A. Maloy, deputy group leader for Materials Science at Radiation and Dynamic Extremes, were named fellows, while D.V. Rao, program director for the Laboratory s Civilian Nuclear Program, earned a special award for making advanced nuclear energy systems a reality.
Three Los Alamos scientists honored by American Nuclear Society
Chadwick, Maloy, and Rao’s accomplishments heralded by organization dedicated to nuclear scientific research and technology
Los Alamos National Laboratory
Mark B. Chadwick, left, Stuart A. Maloy, center, and D.V. Rao, right, were all honored by the American Nuclear Society.
Newswise Los Alamos, N.M., May 27, 2021 – Two scientists at Los Alamos National Laboratory were named fellows of the American Nuclear Society (ANS) and a third was recognized with a special award. Mark B. Chadwick, chief scientist and chief operating officer of Weapons Physics, and Stuart A. Maloy, deputy group leader for Materials Science at Radiation and Dynamic Extremes, were named fellows, while D.V. Rao, program director for the Laboratory’s Civilian Nuclear Program, earned a special award for making advanced nuclear energy systems a reality.