BRIEF-Applied Atomics Entered Licensing Agreement With BWX Technologies

BWX Technologies, Inc.

BWX Technologies, Inc.

BWXT

0.00

June 17 (Reuters) - Applied Atomics:

  • APPLIED ATOMICS: ENTERED LICENSING AGREEMENT WITH BWX TECHNOLOGIES IN CONNECTION WITH BWXT’S MPOWER SMR TECHNOLOGY

  • APPLIED ATOMICS: EXCLUSIVE RIGHTS TO USE MPOWER IN COMMERCIAL DEVELOPMENT DEPLOYMENT OF LAND-BASED NUCLEAR FACILITIES IN US, CANADA, ELSEWHERE

  • APPLIED ATOMICS: BWXT RETAINS OWNERSHIP OF MPOWER IP AND WILL HOLD EXCLUSIVE MANUFACTURING RIGHTS FOR ALL MPOWER COMPONENTS

  • APPLIED ATOMICS:TO RE-ENGAGE NRC TO RESUME MPOWER DESIGN CERTIFICATION ACTIVITIES,DEVELOP SITE-SPECIFIC ENGINEERING FOR INITIAL COMMERCIAL DEPLOYMENTS

Source text: [ID:]

Further company coverage: BWXT.N


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