CRANBERRY TOWNSHIP, Pa., Jan. 29, 2024 – Westinghouse Electric Company announced today the appointment of Lou Martinez Sancho as Chief Technology Officer and Executive Vice President of R&D and Innovation. In this role, Martinez Sancho will lead the company’s global research and development portfolio and advance the company’s innovative product and services technology strategy.

Fuel Designed to Enable Extended Operating Cycles for Nuclear Plants

CRANBERRY TOWNSHIP, Pa., Jan. 25, 2024 - Westinghouse Electric Company provided 25 irradiated nuclear fuel rods, including accident-tolerant fuel, to Idaho National Laboratory (INL) for testing and examination, a critical step toward qualification of the new design.

The Advanced Research Contract Supports the JETSON Space Program

CRANBERRY TOWNSHIP, Pa., Dec. 12, 2023 – Westinghouse Electric Company announced today that the U.S. Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse for an advanced space research program. The award supports the Joint Emergent Technology Supplying On-Orbit Nuclear power (JETSON) High Power program.

COP28 Announcement Supports Global Climate Objectives

ABU DHABI, United Arab Emirates – Dec. 5, 2023 – Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE. The MoU signing took place at COP28 in Dubai in recognition of the role nuclear energy will play to accelerate global decarbonization.

Latest example of industry agreements to come out of World Nuclear Exhibition 

World Nuclear Exhibition Paris, FRA – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.

Spanish Company will Boost Westinghouse's Global Offerings in Nuclear Refueling, Maintenance, Inspection Services, Engineering, Training, and Digital Services and Products

MADRID – Nov. 29, 2023 – Westinghouse Electric Company announced the full acquisition of long-standing partner Tecnatom from Endesa after obtaining all regulatory approvals. Together, Westinghouse and Tecnatom will continue to provide critical services to the Spanish nuclear industry and its global base of customers.

Saskatchewan Research Council Receives Government Funding for Project Development

CRANBERRY TOWNSHIP, Pa. – Nov. 27, 2023 – Westinghouse Electric Company today congratulated Saskatchewan Research Council on its funding to operate the first-ever eVinci™ microreactor in Canada. Westinghouse and SRC signed an MOU last year to jointly develop a project to locate an eVinci microreactor in Saskatchewan to further explore industrial, research and energy use applications. 

Revised Ratings Reflect Strength of Business Performance and Improved Market Outlook

CRANBERRY TOWNSHIP, Pa., Nov. 27, 2023 – Westinghouse Electric Company announced upgraded credit ratings from Moody’s Investors Service and Fitch Ratings and revised Positive Outlook from S&P Global.  

The New Shareholding Will Further Strengthen Westinghouse’s Growth as a Leader in the Clean Energy Sector

Cranberry Township, PA, November 7, 2023 – As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfield Renewable Partners (NYSE: BEP; TSX: BEP.UN) and its institutional partners (“Brookfield”), and Cameco (NYSE: CCJ; TSX: CCO) completed its acquisition of Westinghouse Electric Company.

Westinghouse/Bechtel Consortium Offers Sharp Contrast to First-of-a-Kind Designs Proposed by Other Two Bidders

PRAGUE, Oct. 31, 2023 – Westinghouse Electric Company, along with construction partner Bechtel, today submitted its proposal to supply the Czech Republic with as many as four AP1000® reactors, the safest, most advanced nuclear technology available today. The bid proposes construction of one AP1000 unit at the Dukovany nuclear site, with the potential for a second unit there and two additional units at the Temelin site.