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GE Hitachi, ARC extend small modular reactor pact

Aug. 28, 2017 6:42 PM ETGeneral Electric Company (GE)GEBy: Carl Surran, SA News Editor8 Comments
  • GE Hitachi Nuclear Energy, the joint venture 60% owned by GE and 40% by Japan's Hitachi, unveils steps to further collaborate with Advanced Reactor Concepts to develop and license the ARC-100 advance small modular reactor.
  • Through a newly-signed development agreement, GE Hitachi says it will license intellectual property associated with its PRISM advanced reactor design to ARC Nuclear and provide ARC Nuclear, a privately held Delaware company that specializes in small fast reactor technology, access to nuclear infrastructure programs.
  • GE Hitachi says it also will make an in-kind contribution to ARC Nuclear through an agreement to provide engineering and design expertise.

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Comments (8)

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Unreal this GE alway in the red!
Ronald Rusin profile picture
Yup, GE continues to drop like a rock!!!!!!! A penny stock? Haha Getting ready to buy more if it gets below $20.
Ronald Rusin profile picture
Possibly a new low today?
A reactor in every home and car!
29 Aug. 2017
believeme, don't hold your breath.
believeme profile picture
can't wait for small nuclear batteries so my cell phone lasts for eternity
lol, liked that one
Ronald Rusin profile picture
With a plug in to run anything!!!!!
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