BWX Technologies, Inc. (NYSE:BWXT) is one of the Best Aerospace Stocks to Buy According to Analysts. On December 2, BWX Technologies, Inc. (NYSE:BWXT) announced the arrival of TRISO nuclear fuel for the Project Pele microreactor in collaboration with Idaho National Laboratory, the U.S. Army, and the Department of War’s Strategic Capabilities Office.
Management noted that Project Pele aims to design, build, and test a 1.5-megawatt transportable microreactor, which is classified as a Generation IV high-temperature gas-cooled reactor. Notably, the system is compact and can be fit into four standard shipping containers, thereby making it mobile and deployable. The TRISO nuclear fuel consists of uranium oxycarbide kernels coated with multiple protective ceramic layers, including silicon carbide, which can withstand extreme heat and radiation.
BWX Technologies, Inc. (NYSE:BWXT) shipped the TRISO fuel to the Idaho National Laboratory, where the prototype will be tested. Management noted that they plan to begin formal testing by 2027.
That said, BWX Technologies, Inc. (NYSE:BWXT) earlier on December 2 announced expanding its service offering to Owner’s Engineer services at Bulgaria’s New Build Kozloduy Nuclear Power Plant. The consortium includes Laurentis Energy Partners and Canadian Nuclear Partners S.A. Management noted that the project is around 10 years long, with the first AP1000 unit expected to start electricity production by 2035.
BWX Technologies, Inc. (NYSE:BWXT) manufactures commercial nuclear steam generators, fuel and handling systems, pressure vessels, reactor components, and storage containers for nuclear fuel and waste, operating in the US, Canada, and internationally.
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Disclosure: None. This article is originally published at Insider Monkey.
