DOE Awards $94 Million to Support Deployment of Small Modular Reactors

On May 14, 2026, the U.S. Department of Energy announced the awardees of $94 million in funding to spur the deployment of advanced light-water small modular reactors (SMRs). The funding for the eight companies selected through the Generation III+ SMR Pathway to Deployment Program will support nuclear licensing, supply chain, and site preparation, streamlining the path to new nuclear. Detailed below are the companies selected, along with their awards:

• SMR Site Selection and Preparation:
  • Constellation SMR Development, LLC, $17,264,292:
    • Obtain early site permit from the U.S. Nuclear Regulatory Commission for a location in New York.
  • Nebraska Public Power District, $27,864,860:
    • Obtain early site permit from the U.S. Nuclear Regulatory Commission for a location in Nebraska.
• SMR Supply Chain Development:
  • BWXT Nuclear Energy, Inc., $21,423,305:
    • Support assembly and manufacturing facility in Indiana.
  • Container Technologies Industries, LLC, $547,900:
    • Support steel production in Tennessee.
  • Framatome U.S. Government Solutions, LLC, $8,800,000:
    • Expand fuel fabrication facility in Washington.
  • Global Nuclear Fuel Americas, LLC, $3,000,000:
    • Support manufacturing facility in North Carolina.
  • American Forgemasters Company, $2,900,000:
    • Support production of large component forgings in Pennsylvania.
  • Scot Forge Company, $12,267,000:
    • Procure equipment to support production and manufacturing of large components in Illinois.