Company's Micro Reactor Receives Government of Canada Funding, Supports Country's Aggressive Climate Goals

Burlington, Ontario, Canada, March 17, 2022 – Westinghouse Electric Canada announced today, along with the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, an investment of C$27.2 million from the Government of Canada’s Strategic Innovation Fund (SIF). This investment will support funding for the eVinci™ micro reactor which will bring carbon-free, transportable, safe, and scalable energy anywhere Canada requires reliable, clean energy.

Westinghouse Canada held a ribbon cutting event to commemorate the opening of a new office in Bruce County today. The office will have 20 full-time employees and is strategically located to manage its increasing work at Bruce Power.

In partnership with Bruce Power, Westinghouse recently completed a feasibility study with conclusive results that the eVinci^TM micro reactor can provide necessary, clean and cost-competitive energy to decentralized, off-grid markets in Canada. The report focuses on key market opportunities, including remote communities and industrial mines. It also emphasizes the benefits the technology can provide in support of the government policy to meet decarbonization goals in Canada.

Westinghouse is now making it loud and clear: We’re Shaping Tomorrow’s Energy.

The facts speak for themselves: Nuclear energy is critical to a cleaner, more sustainable world. At Westinghouse, we’re committed to setting the record straight by sharing real-world facts to show how nuclear power can address a changing climate in Canada:

Acquisition will provide customized customer solutions

Cranberry Township, PA, May 3, 2021 – Westinghouse Electric Company has signed a definitive agreement to acquire Laveer Engineering, a specialized nuclear engineering firm in Ontario, Canada. The acquisition will further expand Westinghouse’s CANDU capabilities, enabling the company to deploy its expertise to CANDU reactor operators worldwide. It also brings a unique combination of tooling and nuclear plant design to Westinghouse customers.