BWXT Named First Member of GE Vernova Nuclear’s Small Modular Reactor Supplier Group
SMR Supplier Group Will Support Global Deployment of BWRX-300 Design
Suppliers who meet pre-defined criteria, customer requirements and demonstrate a willingness to internally invest in BWRX-300 supply chain capabilities are eligible for selection to the group. BWXT, a global leader in the design, manufacture and service of commercial nuclear components, is already engaged with GEH on an engineering contract for its BWRX-300 reactor pressure vessel for Ontario Power Generation’s (OPG) Darlington New Nuclear Project.
John MacQuarrie, president of BWXT Commercial Operations, said, “We’re proud to spearhead supply chain support for the BWRX-300 as the first member of this group. The anticipated global demand for nuclear power was a significant factor in our recent decision to expand our
In addition to helping customers achieve decarbonization goals, the BWRX-300 is designed to reduce construction and operating costs. Specifically, the BWRX-300 leverages a unique combination of existing fuel, plant simplifications, proven components and a design based on an NRC-certified reactor design.
Jay Wileman, president and CEO, GEH, said, “Supplier collaboration is expected to help build capacity and support cost reduction, project schedule goals and scalability as we deploy the BWRX-300 globally. We applaud BWXT Canada for standing firmly behind the BWRX-300 by making commitments and investing in its facilities and supply chain to be best positioned to compete for projects, further bolstering Ontario’s nuclear supply chain. Our collaboration with Ontario Power Generation strengthens Ontario’s position at the forefront of the nuclear industry, fostering economic growth and job creation.”
Maví Zingoni, CEO, GE Vernova’s power businesses, said, “We are excited about the technical advancements and capacity that is expected to be unlocked through the BWRX-300 qualified supplier group. We look forward to expanding the group of qualified suppliers to other companies who share a strong commitment to collaborate around a long-term vision for the deployment of the BWRX-300.”
OPG, GEH, AtkinsRéalis and Aecon Construction Group have entered a contract to construct the first BWRX-300 at OPG’s
In the
Forward-Looking Statements
BWXT cautions that this release contains forward-looking statements, including statements relating to the impact of BWXT’s status as a qualified supply chain company for the BWRX-300 SMR. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the project, execution of future contracts and delays. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2023 and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.
About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in
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Source: BWX Technologies, Inc.