Home / Contract Awards / DOE Selects Three Industry-Led Teams for Nuclear Tech Project Funding Opportunity

DOE Selects Three Industry-Led Teams for Nuclear Tech Project Funding Opportunity

Jeff Brody

The Department of Energy has awarded $15.1M in total funds to support projects from three industry-led teams that aim to advance commercial nuclear platforms.

FirstEnergy Solutions, Blue Wave AI Labs and TerraPower will lead different groups composed of federal agencies, higher education institutions laboratories and other domestic organizations as part of DOE’s U.S. Industry Opportunities for Advanced Nuclear Technology Development, the department said Tuesday.

Ohio-based FirstEnergy Solutions will receive $9.2M to develop a hybrid energy-powered light water reactor while Florida-based Blue Wave Capital and Consulting, doing business as Blue Wave AI Labs, will get $5.5M to create predictive maintenance tools with machine learning technology.

DOE will provide more than $492,000 to Washington-based TerraPower to produce a fuel qualification methodology report for the company’s Traveling Wave Reactor. All three teams will allocate a total of $4.3M to the cost-shared projects.

Check Also

DIU to Help Navy Adopt Predictive Maintenance; Mike Madsen Quoted

The Defense Innovation Unit is in talks with the U.S. Navy to implement the use of predictive maintenance in the service branch, FCW reported Friday. Mike Madsen, director of strategic engagement at DIU, said at a recent industry event that the unit and U.S. are planning to award a contract on predictive maintenance within fiscal year 2020.