Tag Archives: focus on tech development

B&W to restructure Small Modular Reactor program to focus on tech development

The Babcock & Wilcox Company (B&W) plans to restructure its mPower Small Modular Reactor program to focus on technology development. Without the ability to secure significant additional investors or customer Engineering, Procurement and Construction contracts to provide the financial support necessary to develop and deploy mPower reactors, the current development pace will be slowed, the company said.