ARC NUCLEAR CANADA
The mission of Advanced Reactor Concepts, L.L.C. (ARC) is to commercialize a disruptive new technology for power generation in the form of an advanced small modular nuclear reactor. The reactor will produce 100 MWe of energy, be factory-built and offer the customer fixed fuel costs for 20+ years. The ARC reactor (known as the ARC-100) can be used for distributed power, incremental capacity additions, load following, and base load applications. Additionally, because of its size, dispatch flexibi... lity and robust safety features, the ARC reactor will be an attractive option for non-traditional uses, such as water desalination, shale oil extraction and hydrogen production. The non-proliferation features of the ARC-100 make it suitable for deployment anywhere in the world. The reactor's design creates a "walk away" passive safety system that insures the reactor will never melt down even in a disaster that causes a complete loss of power to the plant site. Moreover, the 20-year fueling cycle gives the customer a high level of energy security, while outsourcing the complexity of fueling operation.
ARC NUCLEAR CANADA
Industry:
Nuclear
Founded:
2006-01-01
Status:
Closed
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Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2019-02-12 | University of New Brunswick | ARC Nuclear Canada investment in Grant - University of New Brunswick | 500 K USD |