Stockholm, Sweden, September 10, 2024 – Westinghouse Electric Company and Hyundai Engineering & Construction Company have signed a teaming agreement to pursue AP1000® technology opportunities in Sweden and Finland.
New industry-specific GenAI will enable customers to develop nuclear AI solutions
London, United Kingdom, Sept. 4, 2024 – Westinghouse Electric Company launched its Hive™ nuclear-specific Generative Artificial Intelligence (GenAI) System to deliver custom GenAI solutions for its global customer base. The Hive System will be a game-changing capability that will drive improved cost and schedule through the entire reactor lifecycle from design, licensing, manufacturing, construction and operations.
Reaffirms IP Protections and Export Control Obligations for Deployment of Westinghouse Technology
Cranberry Township, Pa., August 26, 2024 – Westinghouse Electric Company announced it has filed an appeal with the Czech Anti-Monopoly Office to protest the decision by CEZ to select Korea Hydro & Nuclear Power (KHNP) as the preferred bidder for the construction of two new nuclear reactors at the Dukovany power plant.
Saskatoon, Saskatchewan, June 17, 2024 – Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse’s nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan’s future clean power needs.
Milestone Reinforces Ukraine’s Commitments to Climate, Energy Security Goals
NETISHYN, UKRAINE, April 15, 2024 – Westinghouse Electric Company congratulates Energoatom, the state-owned nuclear utility of Ukraine, on the start of AP1000® activities at Khmelnytskyi Unit 5 in Ukraine. This is a critical first step in advancing the commitment made by both companies under the Memorandum of Understanding signed in 2022 for the deployment of nine AP1000 reactors in Ukraine.
Suppliers to Support AP1000 Deployment at Kozloduy Nuclear Power Plant and Globally
Sofia, Bulgaria, April 12, 2024 – Westinghouse Electric Company today signed memorandums of understanding (MOUs) with 17 significant Bulgarian suppliers to support the upcoming AP1000® nuclear projects at the Kozloduy Nuclear Power Plant site in northern Bulgaria, and other projects throughout the region. This milestone is a result of ongoing engagement with local suppliers following the Westinghouse Supplier Symposium held in February 2024 with Bulgarian companies.
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.
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.
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.
