USNC Power Ltd.Ultra Safe Nuclear Corporation (USNC) is a leading developer of Small Modular Reactors (SMRs) and associated nuclear fuels. It was founded in 2011 by a team of highly specialized material scientists, physicists, and engineers. USNC’s Canadian operations are headquartered in Ottawa, and together with its corporate head office in Seattle, USA, and satellite offices in South Africa, Europe/UK and South Korea, USNC’s global team now numbers over 50 employees.
USNC designs and manufactures “micro” SMR nuclear energy systems to deliver safe, clean, cost-effective power and heat to off-grid applications such as mines, energy projects and remote communities. The applications range from 5MW to 50MW electrical (15MW to 150MW thermal).
Since 2016, USNC has been exclusively focused on the Canadian market as its global launch point and is now the first Gen IV reactor in the world to enter licensing. USNC has also entered into a joint venture with Ontario Power Generation (OPG) called Global First Power (GFP) to build its first operating plant at the Canadian Nuclear Laboratories (CNL) site in Chalk River and has entered into an agreement with CNL to co-develop its fuel.
GFP will build, own, and operate a proposed Micro Modular Reactor (MMR™) Project at the Chalk River Laboratories site. The joint venture is owned equally by OPG and USNC-Power, the Canadian subsidiary of USNC. Headquartered in Ottawa, GFP will oversee the proposed MMR™ Project and provide project development, licensing, construction and operation of the commercial demonstration reactor at Chalk River. It will serve as a model for potential future MMR™ projects across Canada, to provide safe and sustainable low carbon power and heat to industries, such as mining, and remote communities.
