Monday, 10 August 2026

Dutch nuclear development company ULC-Energy has signed a cooperation agreement with engineering and construction firm McDermott to support development of Rolls-Royce SMR projects in the Netherlands, according to World Nuclear News.

The agreement covers integrating small modular reactor-powered energy solutions with energy-intensive industrial processes, World Nuclear News reported.

The pairing builds on an existing Dutch route to market for the reactor design. Rolls-Royce SMR signed an exclusive agreement with ULC-Energy in August 2022 to collaborate on the deployment of Rolls-Royce SMR power plants in the Netherlands.

The Rolls-Royce SMR is a 470 MWe design based on a small pressurised water reactor, and it will provide consistent baseload generation for at least 60 years, according to World Nuclear News. Around 90% of the unit will be built in factory conditions.

That factory share is the commercial premise behind the design: shifting fabrication off the construction site is intended to make units repeatable rather than bespoke. Pairing a 470 MWe pressurised water reactor with industrial heat and power demand puts the output against loads that run continuously rather than against variable grid demand alone.

Fuse Energy Technologies Corp. published a report on August 10 claiming the highest fusion neutron yield recorded by any commercial fusion company, at 1.27×10¹² in a single shot, according to Power Magazine.

The figure refers to a single shot rather than sustained operation, per the company report cited by Power Magazine. Fuse framed the result as a record among commercial fusion companies, a comparison drawn by the company itself.

Power Magazine described Fuse as a California-based fusion energy company.

The U.S. Securities and Exchange Commission declared newcleo's Form F-4 registration statement effective on August 7, 2026, clearing a procedural hurdle for the nuclear developer's proposed business combination with NewHold Investment Corp. III, according to a GlobeNewswire release.

The registration statement was filed by newcleo with the SEC in connection with the previously announced transaction. NewHold Investment Corp. III shareholders will vote on the combination at an Extraordinary General Meeting scheduled for September 17, 2026.

newcleo has raised approximately USD 780 million in private funding, per the same announcement. The company employs more than 900 people across Europe and the United States.

The announcement covers the effectiveness of the registration statement and the timing of the shareholder vote, the two gating items between the parties and closing of the combination.