Eagle Energy Secures Exclusive NuScale SMR Technology for Uranium Deployment
Eagle Nuclear Energy will integrate NuScale Power’s exclusive small modular reactor technology into its Aurora Uranium Project platform, which hosts 32.75 million pounds of indicated and 4.98 million pounds of inferred uranium. This positions NuScale for end-to-end reactor deployment leveraging Eagle’s domestic uranium supply.
1. Integration of NuScale SMR Technology
Eagle Nuclear Energy has committed to using NuScale Power’s small modular reactor (SMR) technology as the exclusive reactor solution for its integrated nuclear platform. By combining domestic uranium supply with SMR deployment capability, Eagle aims to control both fuel and generation assets.
2. Aurora Uranium Project Permitting and Reserves
Eagle engaged SLR International as lead permitting manager for the Aurora Uranium Project in Oregon and Nevada, which holds 32.75 million pounds of indicated and 4.98 million pounds of inferred uranium. SLR’s track record with federal and state regulators is expected to accelerate environmental approvals toward a pre-feasibility study by late 2027.
3. Impact on NuScale Power
Securing a committed end-user for SMR technology enhances NuScale’s project pipeline and provides a clear deployment pathway for its reactor modules. The deal underscores NuScale’s potential to expand its footprint in the burgeoning domestic nuclear market.
4. Market Context and Next Steps
With uranium spot prices nearing $92 per pound and critical minerals designation boosting project financing, demand for integrated SMR solutions is rising. Eagle and NuScale will next define project engineering milestones and regulatory submissions to align reactor deployment with mine development.