Velan Inc. Secures Main Services Agreement for North America’s First Small Modular Reactor Project

Velan Inc., a leading manufacturer of industrial valves, has been selected as a supplier by GE Hitachi Nuclear Energy (GEH) for Ontario Power Generation’s historic Darlington New Nuclear Project, the first Small Modular Reactor (SMR) initiative in North America.

 

Earlier this month, Velan announced the signing of a Main Services Agreement with GEH. Under the agreement, GEH placed an initial purchase order with Velan for the development of advanced technology, engineering support, and critical valves essential to the safe and efficient operation of the first BWRX-300 SMR. This order has a provision for three additional units for deployment at the Darlington site in Ontario, with completion expected by 2034. The Company has now secured an advantage to supply future SMRs with similar products in Canada, the United States, and internationally.

This collaboration marks a pivotal moment for both companies as they join forces to drive innovation in sustainable energy and next-generation nuclear technology.

Courtesy of Velan.

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