Westinghouse Electric Corporation

Westinghouse Electric Corporation

Provides nuclear power, fuel, services, technology, plant design, and equipment - the supplier of safe and innovative nuclear technology. Learn more
  • Edit
DateInvestorsAmountRound
*

$5.4b

Acquisition

$3.5m

Grant
*

$157m

Secondary
*

$4.6b

Acquisition
*

$5.0m

Grant
N/A

N/A

Debt
*

£13.0m

Grant
*
N/A

£10.5m

Grant
Total Funding$39.5m

Recent News about Westinghouse Electric Corporation

Edit
More about Westinghouse Electric Corporationinfo icon
Edit

Westinghouse Electric Company LLC is a pioneering force in the nuclear power industry, having built the first commercial nuclear power plant. The company operates in the energy sector, specifically focusing on nuclear power solutions. Westinghouse serves a diverse range of clients, including government agencies, utility companies, and private enterprises that require reliable and sustainable energy solutions.

The company is renowned for its advanced nuclear reactor technologies. It offers the AP1000 PWR, a Generation III pressurized water reactor known for its passive safety features, which means it can shut down safely without human intervention or mechanical assistance. Additionally, Westinghouse is developing Small Modular Reactors (SMRs) and Microreactors, which are smaller and more flexible nuclear power solutions designed for remote or specialized applications.

Westinghouse operates on a business-to-business (B2B) model, providing nuclear technology, fuel, and services to its clients. The company generates revenue through the sale of nuclear reactors, nuclear fuel, and related services such as maintenance, training, and compliance programs. They also offer consulting services to help clients optimize their nuclear operations and ensure regulatory compliance.

The market Westinghouse operates in is highly specialized and regulated, focusing on regions such as the Americas, Asia, and EMEA (Europe, Middle East, and Africa). The company is committed to innovation, sustainability, and safety, as evidenced by its numerous certifications and compliance with international standards.

In summary, Westinghouse Electric Company LLC is a leader in nuclear power technology, offering advanced reactor designs and comprehensive services to a global client base. The company’s focus on innovation and safety positions it as a key player in the sustainable energy market.

Keywords: Nuclear Power, AP1000 PWR, SMR, Microreactor, Energy Solutions, Sustainability, Innovation, Safety, Compliance, Global Operations.

Investments by Westinghouse Electric Corporation

Edit
Bartlett Holdings
ACQUISITION by Westinghouse Electric Corporation Apr 2022
Laveer Engineering
ACQUISITION by Westinghouse Electric Corporation Jun 2021
Tecnatom
ACQUISITION by Westinghouse Electric Corporation Oct 2021