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Tuesday, 05/27/2025 5:11:45 PM

Tuesday, May 27, 2025 5:11:45 PM

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On May 23, 2025, Trump signed 4 executive orders to boost U.S. nuclear power - streamlining NRC licensing, fast-tracking microreactor testing, expanding nuclear for national security, and targeting 400 GW capacity by 2050.

CPS received a $1.1 million Phase II Small Business Innovation Research (SBIR) award from the U.S. Department of Energy. To develop modular radiation shielding solutions for transportation and use of micro reactors.

First commercial order for radiation shielding was secured in early 2025 - CPS' first new commercial product in years.
This product emerged from a DOE-funded SBIR Phase II program started only 6 months prior, originally aimed at "secondary containment for microreactors" in the trucking industry.
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