On March 14, TerraPower announced that it was selected to receive $8.5 million in funding from the U.S. Department of Energy Advanced Research Project Agency-Energy (ARPA-E).
The funding is part of the ARPA-E Optimizing Nuclear Waste and Advanced Reactor Disposal Systems (ONWARDS) program, which focused on increasing the deployment and use of nuclear power as a source of clean energy.
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TerraPower announced on January 31 that it has signed a memorandum of understanding with the Japan Atomic Energy Agency (JAEA), Mitsubishi Heavy Industries, and Mitsubishi FBR Systems so as to share data and resources related to the development of advanced sodium fast reactor (SFR) technology...