A $16 million contract signed by Centrus Energy Corporation and and UT-Battelle LLC will continue work on gas centrifuge uranium enrichment technology at Centrus facilities in Oak Ridge, the company announced Monday.
The work is on the AC100,Â a U.S. gas centrifuge uranium enrichment technology.
UT-Battelle LLC operatesÂ Oak Ridge National Laboratory for theÂ U.S. Department of Energy.
Enriched uranium can be used in nuclear power plants and in nuclear weapons, as fuel for nuclear naval vessels, and toÂ ensure a tritium supply, which is needed to maintain the effectiveness of Americaâ€™s nuclear deterrent, officials have said previously.
The new Centrus-ORNL contract is valued at $16 million, with payments made when certain defined milestones are completed, Centrus said in a press release on Monday. The contract runs through September 30, 2018.
“Under the contract, Centrus’ scientists, engineers, and operators will test improvements developed by the company for the AC100 centrifuge machine in specialized facilities in Oak Ridge,” the press release said. “Centrus has worked under contract with ORNL since 2014 to improve the AC100 gas centrifuge technology to support national security and energy security needs.” [Read more…]