OIL - Radiant Industries and Amsted Graphite Materials sign Memorandum of Understanding to Secure Critical Supplies for Advanced U.S. Nuclear Energy | Benzinga
EL SEGUNDO, Calif., May 22, 2024 /PRNewswire/ -- Radiant Industries, Incorporated, and Amsted Graphite Materials LLC have entered into a Memorandum of Understanding (MOU) aimed at fortifying the domestic supply chain for nuclear-grade graphite. The MOU, effective as of May 21, 2024, signifies a strategic collaboration between two industry leaders committed to advancing clean energy technology within the United States.
As part of the increased collaboration between the two companies, Radiant has placed a significant purchase order with Amsted Graphite Materials for its PCEA™ nuclear-grade graphite to support Radiant's development of their Kaleidos microreactor, set to be the world's first portable, zero-emissions power source serving remote locations.
Radiant has been selected as one of three advanced nuclear energy developers to receive funding from the U.S. Department of Energy for developing and testing microreactor designs in the ...