Machine will be the world’s first one-megawatt portable nuclear generator capable
Radiant has selected Tennessee for a $280 million investment that will expand the company’s nuclear manufacturing and research and development (R&D) to Oak Ridge, Tennessee.
The project will create 175 new jobs in Roane County that will directly support the development and mass production of Radiant’s Kaleidos.
“We choose Oak Ridge, Tennessee, because of their strong workforce, the community’s rich nuclear heritage and the public’s second-to-none nuclear IQ. Just as importantly, the state’s business-friendly environment gave us the immediate regulatory certainty we needed to move fast and be up and running to meet growing customer demand for our Kaleidos nuclear generators. We’re excited to start building in just a few months,” according to Tori Shivanandan, chief operating officer, Radiant.
Upon completion of the facility, this machine will be the world’s first one-megawatt portable nuclear generator capable of generating power in remote areas and providing resilient power options for military bases or disaster-relief scenarios.
“TVA’s nuclear leadership is a powerful asset in helping attract nuclear innovators to Tennessee, America’s advanced nuclear technologies hub. Radiant will strengthen our region’s role in shaping America’s energy future where innovation drives job creation, attracts investment and fuels long-term prosperity for our communities,” according to Don Moul, president and CEO, TVA.
Radiant is the sixth company to locate in Tennessee utilizing the Nuclear Energy Fund.
“Tennessee is quickly emerging as the national leader in clean, reliable energy production. That’s why innovative companies like Radiant are choosing our state for cutting-edge manufacturing and R&D. I’m proud to welcome Radiant to the Tennessee family and look forward to the vital role this company will play on the global stage, producing what will become the world’s first nuclear microreactor from right here in Oak Ridge,” according to Gov. Bill Lee.
The $50 million fund was in Gov. Lee’s recommended 2023-2024 budget and approved by the Tennessee General Assembly. An additional $10 million was allocated and approved in the state’s budget during both the 2024 and 2025 legislative sessions, bringing the fund’s total to $70 million since its inception.
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