Hyperion Announces First Customer For Small Nuclear Reactor
Hyperion Power Generation issued a press release on August 12, 2008 announcing that their first customer had signed a letter of intent (LOI) to purchase 6 Hyperion Power ModulesTM (HPM), which the company describes as “a small, compact, transportable, nuclear power reactor”.
Each HPM will be priced at approximately $25 million. The company did not disclose an expected shipping date for the first HPM, but the US Nuclear Regulatory Commission currently lists their scheduled manufacturing license review as starting in 2012 with an projected completion sometime in 2015. (Ref - Periodic Briefing on New Reactor Issues dated February 20, 2008 - PDF.)
