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DENE0009055

Cooperative Agreement

Overview

Grant Description
Holtec International is designing the SMR-160, a walk-away safe advanced reactor with 160 MWe net output, with excellent economics and flexible operating features for domestic and global market deployments by the late-2020s.

A versatile, safe, and economical small modular reactor, SMR-160 can produce electricity and process steam, and can use cooling water or air to reject its waste heat.

All safety-significant functions are passive and render the plant unconditionally safe.
Awardee
Holtec Government Services
Funding Goals
HOLTEC INTERNATIONAL IS DESIGNING THE SMR-300 A WALK-AWAY SAFE ADVANCED REACTOR WITH 160 MWE NET OUTPUT, WITH EXCELLENT ECONOMICS AND FLEXIBLE OPERATING FEATURES FOR DOMESTIC AND GLOBAL MARKET DEPLOYMENTS BY THE LATE-2020S. A VERSATILE, SAFE, AND ECONOMICAL SMALL MODULAR REACTOR, SMR-300 CAN PRODUCE ELECTRICITY AND PROCESS STEAM, AND CAN USE COOLING WATER OR AIR TO REJECT ITS WASTE HEAT. ALL SAFETY-SIGNIFICANT FUNCTIONS ARE PASSIVE AND RENDER THE PLANT UNCONDITIONALLY SAFE.
Grant Program (CFDA)
81.121 - Nuclear Energy Research, Development and Demonstration
Awarding Agency
Idaho Operations Office [DOE]
Funding Agency
Office of Nuclear Energy [DOE]
Place of Performance
Camden, New Jersey 08104-2413 United States
Geographic Scope
Single Zip Code
Related Opportunity
Advanced Reactor Demonstration (DE-FOA-0002271)
Analysis Notes
Amendment Since initial award the End Date has been extended from 10/31/22 to 10/31/26 and the total obligations have increased 568% from $18,161,670 to $121,355,865.
Holtec Government Services was awarded SMR-160: Safe & Economical Small Modular Reactor Cooperative Agreement DENE0009055 worth $104,148,813 from the Office of Nuclear Energy in November 2021 with work to be completed primarily in Camden New Jersey United States. The grant has a duration of 5 years and was awarded through assistance program 81.121 Nuclear Energy Research, Development and Demonstration. $17,207,052 (14.0%) of this Cooperative Agreement was funded by non-federal sources. The Cooperative Agreement was awarded through grant opportunity Advanced Reactor Demonstration.

Status
(Ongoing)

Last Modified 8/19/25

Period of Performance
11/1/21
Start Date
10/31/26
End Date
76.0% Complete

Funding Split
$104.1M
Federal Obligation
$17.2M
Non-Federal Obligation
$121.4M
Total Obligated
86.0% Federal Funding
14.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DENE0009055

Transaction History

Modifications to DENE0009055

Additional Detail

Award ID FAIN
DENE0009055
SAI Number
None
Award ID URI
None
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892432 IDAHO OPERATIONS OFFICE
Funding Office
892400 NUCLEAR ENERGY
Awardee UEI
C9BJLUNH6FJ8
Awardee CAGE
6RQ88
Performance District
NJ-01
Senators
Robert Menendez
Cory Booker

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Nuclear Energy, Energy Programs, Energy (089-0319) Energy supply Other services from non-Federal sources (25.2) $47,449,565 100%
Modified: 8/19/25