Nucleon Energy and ARC Clean Technology Form NuARC Partnership to Deploy Advanced Nuclear Power in Alberta

Nucleon Energy Inc. and ARC Clean Technology Canada Inc. have announced the formation of a partnership entity named NuARC, focused on developing and deploying affordable, reliable non-emitting electrical generation facilities using advanced small modular reactor technology. The partnership will initially concentrate its efforts in Alberta, Canada, leveraging Canada's skilled workforce to accelerate the delivery of advanced nuclear technology.

The collaboration combines Nucleon's development and operational expertise with ARC's proven Generation IV advanced reactor technology, positioning NuARC as a potential leader in cost-effective advanced nuclear facilities. This initiative is expected to create new employment opportunities, diversify Canada's economy, and attract significant foreign investment, thereby strengthening the country's position as a global clean energy leader. The timing of this partnership is particularly significant as it highlights Canada's nuclear technology capabilities during a period of unprecedented global trade tensions.

NuARC will utilize Nucleon's site locations in key areas, including Alberta, where ARC's advanced reactors can support growing electricity demand, industrial heat requirements, and the production of medical isotopes. The ARC-100 reactor technology represents a 100 MWe sodium-cooled fast reactor with a modular design that enables rapid, cost-effective deployment. Earlier this year, the Canadian Nuclear Safety Commission completed a Phase 2 Vendor Design Review of the ARC-100 reactor and identified no fundamental barriers to licensing, as detailed in regulatory documentation available at https://www.nuclearsafety.gc.ca.

Dustin Wilkes, CEO of Nucleon Energy Inc., emphasized that the partnership marks a major step forward for private-sector nuclear development. The combination of Nucleon's project development expertise with ARC's advanced Generation IV technology aims to accelerate deployment of clean, reliable power while driving economic growth and energy security. Lance Clarke, Vice President of Commercialization and Strategy at ARC Clean Technology, described the formation of NuARC as the culmination of a shared vision to make advanced nuclear energy a cornerstone of the future energy mix.

Alberta's Minister of Affordability and Utilities, Nathan Neudorf, expressed support for the partnership, noting the potential for significant private sector investment in nuclear energy within the province. The Alberta government has recently launched a consultation process on nuclear energy and anticipates feedback from residents regarding future development pathways. Additional information about advanced nuclear technology developments can be found at https://www.arc-cleantech.com.

The NuARC partnership represents a significant development in North America's energy landscape, potentially setting a precedent for private enterprise leadership in nuclear development. The initiative addresses multiple critical needs including clean energy generation, economic diversification, and medical isotope production, positioning Alberta and Canada at the forefront of advanced nuclear technology implementation.