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AtkinsRealis Submits Notice of Intent to U.S. Nuclear Regulatory Commission for CANDU Reactor Licensing

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AtkinsRealis (ATRL.TO) submitted a notice of intent to the U.S. Nuclear Regulatory Commission (NRC) to begin the licensing process for its CANDU reactor technology in the U.S., it said on Wednesday.

"This Notice of Intent marks a critical milestone in the development of CANDU's international market," said AtkinsRealis CEO Ian Edwards. "It's also the first step in a process that supports our ambition to provide the U.S. with the reliable, affordable and safe large-scale nuclear power that is central to providing energy security and creating investment, jobs and economic opportunity in the country."

Shares of the company were last seen up about 1% at C$91.26 on the Toronto Stock Exchange.

Price: $91.26, Change: $+0.86, Percent Change: +0.95%

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