{"slug": "atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom", "title": "AtkinsRéalis seeks US approval for nuclear tech to support AI boom", "summary": "AtkinsRéalis, a Canadian engineering firm, is seeking US regulatory approval for its CANDU nuclear reactor technology to power AI data centers. The company's nuclear revenue has grown to 25% of total sales, and it has partnered with NVIDIA to design nuclear-powered AI factories. The move addresses the surging electricity demand from AI infrastructure.", "body_md": "# AtkinsRéalis seeks US approval for nuclear tech to support AI boom\n\nThe Canadian engineering giant is pushing its CANDU reactor technology into the American market as AI data centers create an insatiable appetite for power\n\nAtkinsRéalis, the Montreal-based engineering firm with six decades of nuclear experience, is working to get its CANDU pressurized heavy-water reactor technology licensed in the United States. The reason is straightforward: AI data centers need enormous amounts of electricity, and nuclear is one of the few energy sources that can deliver it around the clock without carbon emissions.\n\nThe company’s nuclear division now accounts for roughly 25% of total revenue, up from 15% just two years ago. Quarterly profit jumped 34% year-over-year, driven largely by that segment’s growth.\n\n## From reactors to AI factories\n\nOn March 16, AtkinsRéalis announced a collaboration with NVIDIA to design nuclear-powered “AI factories.” The partnership aims to integrate CANDU nuclear solutions directly into AI data center designs, essentially building power plants and compute facilities as a single package.\n\nOn May 13, AtkinsRéalis signed a strategic alliance with First American Nuclear, known as FANCO, to provide exclusive engineering, procurement, construction, and management services for EAGL 1 small modular reactors across North America. That deal could generate up to $250 million in service revenues over five years.\n\nThe company submitted its CANDU Monark design for licensing in Canada. The Monark reactor targets a net output of 925 MW, with the potential to be uprated to approximately 1,000 MW.\n\n## Why the US market matters\n\nAtkinsRéalis’ CANDU technology has a particular advantage worth noting. Heavy-water reactors can use natural uranium as fuel, meaning they don’t require the enrichment process that light-water reactors depend on. That simplifies the fuel supply chain and potentially reduces costs.\n\nThe company has been engaging at the CEO level on US licensing efforts throughout 2025 and into 2026, suggesting this isn’t a casual exploration. It’s a core strategic priority.\n\nFor investors watching the nuclear-AI nexus, AtkinsRéalis trades on the Toronto Stock Exchange under the ticker ATRL. Investors should watch for formal licensing submissions to the US Nuclear Regulatory Commission as the next meaningful catalyst.\n\n**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom", "canonical_source": "https://cryptobriefing.com/atkinsrealis-us-nuclear-approval-ai-data-centers/", "published_at": "2026-06-24 11:59:58+00:00", "updated_at": "2026-06-24 12:21:33.882025+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["AtkinsRéalis", "NVIDIA", "First American Nuclear", "FANCO", "CANDU", "US Nuclear Regulatory Commission", "Toronto Stock Exchange", "ATRL"], "alternates": {"html": "https://wpnews.pro/news/atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom", "markdown": "https://wpnews.pro/news/atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom.md", "text": "https://wpnews.pro/news/atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom.txt", "jsonld": "https://wpnews.pro/news/atkinsrealis-seeks-us-approval-for-nuclear-tech-to-support-ai-boom.jsonld"}}