Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, is pleased to announce the launch of an exciting portfolio of work known as the New Nuclear & Emerging Technologies (N2ET) program. N2ET is designed to help fast-track promising research and technologies towards commercialization and deployment. The new program is aimed at facilitating collaboration between CNL and other pioneering technology developers, as well as positioning CNL to direct funding into promising technologies or ventures that align with its mandate.
The N2ET program initially consolidates several existing clean energy and health sciences projects into one program, including CNL’s small modular reactor (SMR) siting invitation; the Canadian Nuclear Research Initiative (CNRI); CNL’s Clean Energy Demonstration, Innovation and Research (CEDIR) Park project; the joint venture company, Actineer, recently launched by CNL and ITM Isotope Technologies Munich SE (ITM) of Germany; and, Fusion Fuel Cycles, Inc., a new joint venture recently announced between CNL and Kyoto Fusioneering of Japan. Overall, N2ET is expected to encompass research and technologies that include nuclear energy, fusion, hydrogen and even renewables, as well as health sciences, with a key focus on medical isotopes.
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As its namesake indicates, the N2ET program creates opportunities for emerging technologies to tap into resources, including potential funding, designed to help move innovative ideas through to technology and market readiness. A key advantage in the formation of the N2ET program is the ability for CNL to help promising technologies or companies that align with its mandate.
“Over the past five years, CNL has made meaningful progress in building and growing a broad portfolio of projects that give ambitious companies better access to our extensive technical resources, and which advance innovative technologies to address real-world problems,” commented Dr. Stephen Bushby, CNL’s Vice-President of Science and Technology. “We are now consolidating these projects into N2ET, CNL’s new flagship program, which will offer better consistency, focus and synergies across these projects, and which also opens opportunities to better collaborate with promising Canadian companies and technologies. N2ET is the future of CNL, and it is already off to a tremendous start.”
“AECL’s vision is to drive nuclear innovation and to leverage science, technology and CNL’s expertise for the benefit of Canada. It is proud to support CNL in launching the N2ET program as it directly supports our vision. Canada’s nuclear sector is poised for growth and the N2ET program is intended to assist and encompass important opportunities for Canada at this critical juncture,” said Grant Gardiner, AECL’s Executive Vice-President, Strategy and Business Development.
Source: GlobeNewsWire