Curtiss-Wright Awarded Contracts by TerraPower to Develop Training Simulator and Distributed Control Systems for Natrium® Plant
Curtiss-Wright (NYSE: CW) has secured two significant contracts from TerraPower for their Natrium advanced nuclear reactor project. The company will develop and deliver a Training Simulator (TSN) and Distributed Control Systems (DCS) for the plant. The TSN will simulate plant operations for operator training, while the DCS will automate plant control processes.
Additionally, Curtiss-Wright will develop two control systems: the Nuclear Island Control system (NIC) and Energy Island Control system (EIC). These contracts build upon previous awards for developing the Reactor Protection System and Engineering Simulator software.
The Natrium reactor, a 345-megawatt sodium fast reactor, features innovative molten salt energy storage technology providing gigawatt-scale storage capacity. TerraPower's project, supported by the U.S. Department of Energy's $3.2 billion Advanced Reactor Demonstration Program, is being constructed in Kemmerer, Wyoming, with expected completion by 2030.
Curtiss-Wright (NYSE: CW) ha ottenuto due contratti significativi da TerraPower per il loro progetto di reattore nucleare avanzato Natrium. L'azienda svilupperà e fornirà un Simulatore di Formazione (TSN) e Sistemi di Controllo Distribuito (DCS) per l'impianto. Il TSN simulerà le operazioni dell'impianto per la formazione degli operatori, mentre il DCS automatizzerà i processi di controllo dell'impianto.
Inoltre, Curtiss-Wright svilupperà due sistemi di controllo: il sistema di controllo dell'Isola Nucleare (NIC) e il sistema di controllo dell'Isola Energetica (EIC). Questi contratti si basano su precedenti assegnazioni per lo sviluppo del Sistema di Protezione del Reattore e del software Simulatore Ingegneristico.
Il reattore Natrium, un reattore veloce a sodio da 345 megawatt, presenta una tecnologia innovativa di stoccaggio di energia a sale fuso che fornisce una capacità di stoccaggio su scala gigawatt. Il progetto di TerraPower, sostenuto dal programma di Dimostrazione di Reattori Avanzati del Dipartimento dell'Energia degli Stati Uniti da 3,2 miliardi di dollari, è in fase di costruzione a Kemmerer, Wyoming, con completamento previsto entro il 2030.
Curtiss-Wright (NYSE: CW) ha conseguido dos contratos importantes de TerraPower para su proyecto de reactor nuclear avanzado Natrium. La empresa desarrollará y entregará un Simulador de Entrenamiento (TSN) y Sistemas de Control Distribuido (DCS) para la planta. El TSN simulará las operaciones de la planta para la formación de operadores, mientras que el DCS automatizará los procesos de control de la planta.
Además, Curtiss-Wright desarrollará dos sistemas de control: el sistema de control de la Isla Nuclear (NIC) y el sistema de control de la Isla Energética (EIC). Estos contratos se basan en premios anteriores para el desarrollo del Sistema de Protección del Reactor y el software Simulador de Ingeniería.
El reactor Natrium, un reactor rápido de sodio de 345 megavatios, presenta una innovadora tecnología de almacenamiento de energía en sal fundida que proporciona capacidad de almacenamiento a escala de gigavatios. El proyecto de TerraPower, respaldado por el Programa de Demostración de Reactores Avanzados del Departamento de Energía de EE. UU. de 3.2 mil millones de dólares, se está construyendo en Kemmerer, Wyoming, con finalización prevista para 2030.
커티스-라이트 (NYSE: CW)는 테라파워로부터 나트륨 고급 원자로 프로젝트에 대한 두 개의 중요한 계약을 체결했습니다. 이 회사는 발전소를 위한 훈련 시뮬레이터 (TSN)와 분산 제어 시스템 (DCS)을 개발하고 제공할 것입니다. TSN은 운영자 교육을 위한 발전소 운영을 시뮬레이션하고, DCS는 발전소 제어 프로세스를 자동화합니다.
또한, 커티스-라이트는 두 개의 제어 시스템을 개발할 것입니다: 핵섬 제어 시스템 (NIC)과 에너지섬 제어 시스템 (EIC). 이러한 계약은 원자로 보호 시스템 및 엔지니어링 시뮬레이터 소프트웨어 개발을 위한 이전 수상에 기반합니다.
나트륨 원자로는 345메가와트 나트륨 고속 원자로로, 기가와트 규모의 저장 용량을 제공하는 혁신적인 용융염 에너지 저장 기술을 특징으로 합니다. 테라파워의 프로젝트는 미국 에너지부의 32억 달러 고급 원자로 시연 프로그램의 지원을 받아 와이오밍주 케머러에서 건설 중이며, 2030년까지 완료될 예정입니다.
Curtiss-Wright (NYSE: CW) a obtenu deux contrats importants de TerraPower pour leur projet de réacteur nucléaire avancé Natrium. L'entreprise développera et fournira un Simulateur de Formation (TSN) et des Systèmes de Contrôle Distribué (DCS) pour l'usine. Le TSN simulera les opérations de l'usine pour la formation des opérateurs, tandis que le DCS automatisera les processus de contrôle de l'usine.
De plus, Curtiss-Wright développera deux systèmes de contrôle : le système de contrôle de l'Île Nucléaire (NIC) et le système de contrôle de l'Île Énergétique (EIC). Ces contrats s'appuient sur des attributions précédentes pour le développement du Système de Protection du Réacteur et du logiciel Simulateur d'Ingénierie.
Le réacteur Natrium, un réacteur rapide au sodium de 345 mégawatts, présente une technologie innovante de stockage d'énergie par sel fondu offrant une capacité de stockage à l'échelle des gigawatts. Le projet de TerraPower, soutenu par le Programme de Démonstration de Réacteurs Avancés du Département de l'Énergie des États-Unis de 3,2 milliards de dollars, est en construction à Kemmerer, Wyoming, avec une achèvement prévu d'ici 2030.
Curtiss-Wright (NYSE: CW) hat zwei bedeutende Verträge von TerraPower für ihr fortschrittliches Natrium-Kernreaktorprojekt gesichert. Das Unternehmen wird einen Trainingssimulator (TSN) und verteilte Kontrollsysteme (DCS) für das Werk entwickeln und liefern. Der TSN wird die Abläufe im Werk für die Schulung von Bedienern simulieren, während das DCS die Kontrollprozesse des Werks automatisiert.
Darüber hinaus wird Curtiss-Wright zwei Kontrollsysteme entwickeln: das Kerninsel-Kontrollsystem (NIC) und das Energieinsel-Kontrollsystem (EIC). Diese Verträge bauen auf früheren Auszeichnungen für die Entwicklung des Reaktorschutzsystems und der Ingenieursimulator-Software auf.
Der Natriumreaktor, ein 345-Megawatt-Natrium-Schnellreaktor, verfügt über eine innovative Technologie zur Speicherung von Energie in geschmolzenem Salz, die eine Speicherkapazität im Gigawatt-Bereich bietet. Das Projekt von TerraPower wird vom Advanced Reactor Demonstration Program des US-Energieministeriums mit 3,2 Milliarden Dollar unterstützt und wird in Kemmerer, Wyoming, gebaut, mit einer voraussichtlichen Fertigstellung bis 2030.
- Secured multiple strategic contracts for TerraPower's Natrium project
- Part of $3.2B DOE-funded advanced reactor program
- Expanding presence in next-generation nuclear technology market
- Building on existing contract portfolio with TerraPower
- Project completion timeline extends to 2030, indicating long revenue recognition period
Insights
Curtiss-Wright's new contracts with TerraPower represent a strategic expansion of its footprint in the emerging advanced nuclear market, potentially creating a meaningful long-term revenue stream for the company. These agreements for the Training Simulator and Distributed Control Systems build upon CW's previously secured work on the Reactor Protection System, establishing the company as a critical technology partner across multiple essential systems in TerraPower's Natrium project.
While the contract values weren't disclosed, these systems represent high-margin, specialized components that typically account for 5-8% of total nuclear plant costs. Given the Natrium project's backing through the DOE's
The revenue recognition will likely follow a milestone-based pattern spanning several years, with engineering and design work frontloaded and implementation extending toward the 2030 operational target. For CW, whose Nuclear Division generated approximately
Strategically, these wins demonstrate CW's successful transition from its legacy naval nuclear expertise into next-generation civilian applications. The company faces competition from firms like Framatome and Westinghouse in nuclear control systems, but CW's expanding role across multiple Natrium systems suggests a competitive advantage in integrating these critical technologies.
For investors, the key value lies not just in these specific contracts but in CW's positioning for the broader advanced nuclear renaissance. If TerraPower's Natrium design succeeds commercially, CW stands to benefit from potential orders for subsequent plants. The company's ability to secure multiple system contracts also demonstrates its technical credibility in this emerging sector, potentially opening doors with other advanced reactor developers like NuScale, X-energy, and Kairos Power.
The 2030 operational timeline does present execution risks, including potential regulatory delays and technical challenges inherent in first-of-a-kind nuclear projects. However, CW's extensive nuclear experience mitigates some of this risk, and the company's involvement across multiple critical systems provides diversification within the project scope.
Under the contracts, Curtiss-Wright will design and deliver the Training Simulator (TSN) and Distributed Control Systems (DCS) for the Natrium plant. The TSN is a full-scope simulator that will replicate plant equipment and simulate system conditions and operations to support operator training and licensing. The DCS is a digital platform that serves as a core component for automating control and operation of plant processes. In addition, Curtiss-Wright has been selected to develop two separate control systems for the Natrium plant: the NIC (Nuclear Island Control system) and EIC (Energy Island Control system).
Under previously awarded contracts, Curtiss-Wright was selected to develop the Reactor Protection System (RPS) for the Natrium plant, as well as the software platform and engineering services for the Natrium Engineering Simulator.
“We are excited to support TerraPower in the development of their next-generation Natrium reactor design,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “Curtiss-Wright continues to build on its heritage as one of the leading global suppliers of nuclear reactor technologies, growing both organically and through acquisitions, and we remain in a strong position to support TerraPower in their efforts to de-carbonize the existing energy infrastructure through the creation of clean, reliable, and affordable energy.”
In 2020, TerraPower was selected by the
TerraPower's Natrium reactor is a 345-megawatt sodium fast reactor coupled with breakthrough innovation — a patented molten salt energy storage system, providing built-in gigawatt-scale energy storage. The Natrium technology’s advanced design enables simultaneous production of carbon-free electricity, heat and steam to support decarbonization of power and industrial sectors. TerraPower is building its first reactor in
Curtiss-Wright maintains one of the most comprehensive and diverse portfolios of advanced nuclear power equipment, technology, and services globally to support both operating reactors and new build opportunities. Curtiss-Wright is performing the work within its Nuclear Division in the Naval & Power segment. For more information about our nuclear reactor technologies supporting advanced nuclear reactors, please visit the Company’s Nuclear division at www.cwnuclear.com.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com.
This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright’s expectations of future performance of our Training Simulator and Distributed Control Systems, the successful implementation and overall success of these products, successful development of the Natrium® advanced nuclear reactor design and future opportunities associated with this nuclear reactor design, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.
1 a TerraPower & GE-Hitachi technology
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Jim Ryan
(704) 869-4621
jim.ryan@curtisswright.com
Source: Curtiss-Wright Corporation
FAQ
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