Corporate

Ultra Safe / US Nuclear Microreactor Company Files For Chapter 11 Bankruptcy

By David Dalton
30 October 2024

Company aims to maintain ‘operational continuity’ while looking for ‘streamlined sale process’

US Nuclear Microreactor Company Files For Chapter 11 Bankruptcy
USNC is involved in MMR high-temperature gas-cooled reactor projects in Canada and the US. Courtesy USNC.
US-based Ultra Safe Nuclear Corporation (USNC), a developer of microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy with estimated liabilities shown in court documents of $50m to $100m (€46m to €92m).

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