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US / DOE Announces $20 Million In FY2020 Funding For Advanced Reactor Projects

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The US Department of Energy has announced $20m in awards for the third of three programmes under its new advanced reactor demonstration programme.

Three teams will receive FY20 funding for projects designed to help domestic private industry demonstrate advanced nuclear reactors in the US.

Advanced Reactor Concepts will receive $34.4m over 3.5 years, General Atomics will receive $31.1m over three years and Massachusetts Institute of Technology will receive $4.9m over three years. The DOE will provide matching funds of $27.5m for ARC, $24.8m for GA and $3.9m for MIT.
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