24/7 Space News
ROCKET SCIENCE
Canadian Space Mining Corporation to advance SLOWPOKE-2 reactor for space and remote use
illustration only
Canadian Space Mining Corporation to advance SLOWPOKE-2 reactor for space and remote use
by Clarence Oxford
Los Angeles CA (SPX) Nov 30, 2024

The Canadian Space Mining Corporation (CSMC) has finalized a Memorandum of Understanding (MOU) and licensing term sheet with Canadian Nuclear Laboratories (CNL) aimed at commercializing the iconic SLOWPOKE-2 reactor technology. This partnership represents a major milestone in advancing micro-reactor innovation for space exploration and remote energy solutions.

The agreement focuses on several areas of collaboration, including joint research and development, as well as licensing intellectual property rights to advance the reactor for lunar missions and remote terrestrial use. This initiative aligns with Canada's renewed leadership in nuclear technology, paving the way for the application of small modular reactors (SMRs) in emerging markets.

"This is a pivotal moment in our journey to develop micro-reactors that meet current and future needs," said Daniel Sax, CEO of CSMC. "We are confident in our ability to deploy the world's first reactor on the Moon, contributing to international space exploration as part of NASA's Artemis missions. At the same time, we see immense potential for commercializing this technology here on Earth, offering a sustainable and reliable energy solution to replace diesel generators in remote and Indigenous communities across the Arctic."

SLOWPOKE-2, a Canadian-designed reactor, has long been recognized for its safety and reliability. Of the eight reactors built, three remain operational, showcasing the durability of this technology. CSMC is modernizing the SLOWPOKE-2 design into a commercially viable version, known as LEUNR, which will meet contemporary energy demands and enable future demonstrations.

Dr. Stephen Bushby, Vice-President of Science and Technology at CNL, expressed enthusiasm about the partnership: "CNL is excited to work alongside AECL and CSMC to breathe new life into the SLOWPOKE nuclear reactor technology, revitalizing what is a safe and proven technology. This agreement lays the foundation for continued collaborative research, leveraging the expertise at CNL to modernize the technology to meet the demands of today's market, and is aligned with CNL's efforts to commercialize this and other AECL reactor technologies."

Dr. Amy Gottschling, Vice-President of Science, Technology and Commercial Oversight at AECL, emphasized the importance of this partnership: "This collaboration signals another key step in cementing Canada's competitive position in the current and future nuclear market. It is another example of the world-leading innovation happening within the nuclear energy sector in Canada, building off the decades of work enabled by our national nuclear laboratories."

Related Links
Canadian Space Mining Corporation
Canadian Nuclear Laboratories
Rocket Science News at Space-Travel.Com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
ROCKET SCIENCE
Leicester Spinout Perpetual Atomics to Pioneer Space Nuclear Power Solutions
London, UK (SPX) Oct 10, 2024
A new start-up, Perpetual Atomics, is poised to revolutionize space missions by leveraging nuclear technology to provide reliable power in the harsh conditions of deep space. The company, launched from the University of Leicester's Space Park Leicester, aims to commercialize over 20 years of research in space nuclear power, transforming the way space exploration is powered. Perpetual Atomics focuses on space nuclear power systems and is expected to provide innovative solutions for long-term, susta ... read more

ROCKET SCIENCE
McGill Professor leads AXIS mission in final phase of NASA selection process

ISS National Lab Showcases Advances in Microgravity Physical Science Research

NASA Voyager 1 returns to full operations after communication issue

Slingshot Aerospace secures $13M NOAA contract for Space Traffic Platform Interface

ROCKET SCIENCE
Six science experiments launched from Sweden onboard SubOrbital Express 4

Large fire at Japan rocket test site, no injuries reported

What we know about Russia's Oreshnik missile fired on Ukraine

HyImpulse secures funding to Advance Small Launcher 1

ROCKET SCIENCE
Mars Ocean Analogs Completes Winter Solstice Voyage and Plans Future Expeditions

Scientists map complete energy spectrum of solar high-energy protons near Mars

Ancient water on Mars suggests potential for past life

Making Mars' Moons: Supercomputers Offer 'Disruptive' New Explanation

ROCKET SCIENCE
Long March 12 set for inaugural launch from Hainan space center

China inflatable space capsule aces orbital test

Tianzhou 7 completes cargo Mission, Tianzhou 8 docks with Tiangong

Zebrafish thrive in space experiment on China's space station

ROCKET SCIENCE
Space ISAC launches first Global ISAC Hub in Australia

Zenno Astronautics gains support from Japanese space leaders in latest funding round

Sidus Space prepares LizzieSat-2 for December launch

Space transportation leader Isar Aerospace secures 15 million euros ESA contract

ROCKET SCIENCE
Spectrum to manufacture satellite components for D-Orbit USA

NASA partners advance projects for LEO space economy

Atomic-6 receives $3.8M to advance space armor shielding

3D-printing advance mitigates three defects simultaneously for failure-free metal parts

ROCKET SCIENCE
Final data and undiscovered images from NASA's NEOWISE

Team identifies how interstellar medium impacts pulsar signals

Discovery Alert: a 'Hot Neptune' in a Tight Orbit

Young transiting planet reshapes theories of planetary formation

ROCKET SCIENCE
Uranus moons could hold clues to hidden oceans for future space missions

A clue to what lies beneath the bland surfaces of Uranus and Neptune

Magnetic tornado is stirring up the haze at Jupiter's poles

Europa Clipper deploys instruments on journey to icy moon of Jupiter

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.