Raised
Private and public equity. Never added to federal money.
No raised money on record.
GE Vernova Hitachi
Developer of the BWRX-300, the design under NRC construction-permit review at TVA's Clinch River site and under construction at Darlington, Ontario.
Race position
Megawatts at their strongest documented state, as of 2026-08-06.
DesignBWRX-300
Per unit300 MWe
LaneGrid-scale SMR
ListingPrivate
Under review · 300 MWe
One gigawatt is 4 × 300 MWe units. 300 MWe rest on an executed action, 30% of the way there.
Why this company is on the board: TVA's Clinch River Unit 1 construction permit is under NRC review with a mandatory hearing scheduled. Source ↗
Funding
Three frames, never added together.
Awarded
Federal awards and cost share. A ceiling, not cash received.
- 2025-12Up to $400M Tier 1 award to TVA for Clinch RiverFederal award · DOE Gen III+ SMR Pathway to DeploymentSource ↗
Borrowed
Debt, repayable. Never counted as a raise, federal or private.
No borrowed money on record.
Filed, not raised
A registration filed with the SEC. The filing itself raises nothing.
No filed, not raised money on record.
Cash on hand
A balance, not a raise. Reported by the company at a stated date.
No reported cash position on record.
Licensing
Applications, permits and authorizations, naming the authority in each case.
Nothing on record in this lane as of 2026-08-06.
Physical progress
Work at a site. Criticalities are proof the physics works, not electricity.
Nothing on record in this lane as of 2026-08-06.
Program selections and agreements
Being chosen for a program, or signing one. Neither is a permit nor work at a site.
Nothing on record in this lane as of 2026-08-06.
Design proof outside the U.S.
Real progress on the same design abroad. Contributes 0 MWe to the U.S. race.
- 2026-03Shaft excavation completed for the first BWRX-300 at Darlington, OntarioDesign proof (non-U.S.) · Press-reported · Canadian unit. Contributes 0 MWe to the U.S. race.Source ↗
Pipeline
Executed first. Announcements are labeled as announcements and never added to them.
Backed by an executed action
- 2026-07300 MWe · Under reviewClinch River Unit 1, Tennessee · TVA project; safety evaluation complete, mandatory hearing 2026-08-13 · VerifiedSource ↗
Announced, non-binding
- 2026-033,000 MWeU.S.–Japan investment framework · unidentified sites in Tennessee and Alabama. It names no site, so it is counted as additional to Clinch River. The source does not confirm that. · Press-reportedSource ↗
Company-stated targets
What the company says, printed beside what a regulator has documented. The site never averages a target into a prediction.
No company-stated target on record as of 2026-08-06.
TechnologyBoiling-water SMR
Reactor classesNo tracked project records
Tracked projects0
Highest deployment stageNo tracked project records
Primary sourceNRC Clinch River hearing notice ↗
Projects and next steps
0 trackedNo project record is tracked for this company yet. It appears on the race board through the roster rule rather than through a sited project.