energy technology
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Nuclear
Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge
Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which the company will seek to secure new ownership while ensuring uninterrupted operations. The company’s Oct. 29 filings at the U.S. Bankruptcy Court for the District […]
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Geothermal
Sage Snags Air Force Contract for Geothermal Power Demonstration in Texas
The U.S. Department of the Air Force has awarded Sage Geosystems an initial $1.9 million contract to demonstrate its pioneering geothermal baseload power and energy storage system at an off-site test well in Starr County, Texas. When completed as planned in 2025, the demonstration will become the first Geopressured Geothermal Systems (GGS) facility in the […]