GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts LLC (ARC Nuclear) are taking steps to advance their collaboration to develop and license the ARC-100 advanced small modular reactor (aSMR).
Through a newly-signed Development Agreement, GEH intends to license intellectual property associated with its PRISM advanced reactor design to ARC Nuclear. GEH has also agreed to provide to ARC Nuclear access to nuclear infrastructure programs related to quality, safety culture, training, processes, procedures and tools. In addition, GEH will make an in-kind contribution to ARC Nuclear through its agreement to provide engineering and design expertise.
The companies announced a collaboration in March 2017 to progress the ARC-100 design for global power generation with initial deployment in Canada. GEH and ARC Nuclear are working to commence a preliminary regulatory review of the ARC-100 by the Canadian Nuclear Safety Commission through its Vendor Design Review process. At the same time, a joint GEH-ARC Nuclear engineering team is working to advance the ARC-100 design.
GEH and ARC Nuclear have agreed to re-examine their relationship upon completion of the Canadian Vendor Design Review and give consideration to focus for the ARC-100 beyond Canada.