A Seattle-based nuclear energy innovator, Ultra Safe Nuclear
has invented a “fission battery” – a fourth generation modular nuclear reactor –
that can deliver safe, zero-carbon, cost-effective energy anywhere. The MMR®
uses ceramic-encapsulated nuclear fuel – Fully Ceramic Micro-encapsulated (FCM®) – an extremely rugged and stable
fuel with extraordinary high temperature stability.
Ultra Safe Nuclear recently opened a facility in Oak Ridge,
Tennessee, and
reports that it will invest approximately $13 million in the community. The
facility is focused on building production systems that can efficiently
manufacture the ceramic-encapsulated nuclear fuel used in their reactors.
BioLargo Engineering, Science & Technologies (BioLargo
Engineering) has been retained to provide engineering design support,
fabrication, and integration for the company’s prototype fuel production
systems. Thus far, BioLargo has been contracted for work in the range of a half
million dollars, to be completed over several months.
Randall Moore, President of BioLargo Engineering, said, “Ultra
Safe Nuclear’s reactor represents the cutting edge in clean, safe nuclear
energy. At BioLargo, we are focused on sustainable, clean technologies, and
we’re thrilled to assist in developing the fuel systems for this impressive
technology. We look forward to a long and fruitful relationship with Ultra Safe
Nuclear.”
About BioLargo, Inc.
BioLargo, Inc. (OTCQB:BLGO) invents, develops, and
commercializes innovative technologies in the cleantech space, including for PFAS
contamination, advanced water and wastewater treatment, industrial odor and VOC
control, air quality control, and infection control. With over 13 years of
extensive R&D, BioLargo holds a wide array of issued patents, maintains a
robust pipeline of products, and provides full-service environmental
engineering. Our approach is to invent or acquire novel technologies and
develop them to maturity through our operating subsidiaries. We have developed
a number of key channel partnerships to support the reach of our products and
services and maximize their commercial potential. With a keen emphasis on
collaborations with academic, municipal, and commercial organizations and
associations, BioLargo has proven itself with over 80 awarded grants and
numerous pilot projects. We monetize through direct sales, recurring service
contracts, licensing agreements, strategic joint venture formation and/or the
sale of the IP. See our website at www.BioLargo.com.
About Ultra Safe Nuclear Corporation
Ultra Safe Nuclear is the Seattle-based global leader in the deployment of micro reactors, and a strong vertical integrator of nuclear power technologies, entirely committed to bringing safe, commercially competitive, clean and reliable nuclear energy to markets throughout the world. The company adheres to strict inherent and intrinsic safety principles through technological innovation in fuels, materials and design: Ultra Safe Nuclear is Reliable Zero-Carbon Energy. Anywhere.
Contact Information
Dennis P. Calvert
President and CEO, BioLargo, Inc.
888-400-2863
Safe Harbor Act
This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include without limitation those about
BioLargo’s (the “Company”) expectations regarding anticipated revenue and plans
for future operations, and may be identified by words such as “we believe”.
These statements involve risks and uncertainties, and actual results may differ
materially from any future results expressed or implied by the forward-looking
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the COVID-19 pandemic on the Company’s business, results of operations,
financial condition, and stock price; the effect of global and regional
economic conditions on the Company’s business, including effects on purchasing
decisions by consumers and businesses; the ability of the Company to compete in
markets that are highly competitive and subject to rapid technological change;
the ability of the Company to manage frequent introductions and transitions of
products and services, including delivering to the marketplace, and stimulating
customer demand for, new products, services, and technological innovations on a
timely basis; the dependency of the Company on the performance of distributors
of the Company’s products. More information on these risks and other potential
factors that could affect the Company’s business and financial results is
included in the Company’s filings with the SEC, including in the “Risk Factors”
and “Management’s Discussion and Analysis of Financial Condition and Results of
Operations” sections of the Company’s most recently filed periodic reports on
Form 10-K and Form 10-Q and subsequent filings. The Company assumes no
obligation to update any forward-looking statements or information, which speak
as of their respective dates.
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