July 30, 2016 11:43 PM ET

Electrical Equipment

Company Overview of TerraPower, LLC

Company Overview

TerraPower, LLC, a nuclear energy technology company, develops a traveling wave reactor (TWR) for electricity production. Its TWR system is used to generate heat and produce electricity by burning fuel made from depleted uranium. The company was founded in 2008 and is based in Bellevue, Washington.

330 120th Avenue NE

Suite 100

Bellevue, WA 98005

United States

Founded in 2008





Key Executives for TerraPower, LLC

Chief Executive Officer
Age: 67
Chief Financial Officer
Senior Vice President of Operations
Senior Vice President of Business & Finance
Compensation as of Fiscal Year 2016.

TerraPower, LLC Key Developments

TerraPower and China National Nuclear Corporation Partner to Build New Nuclear Reactor

TerraPower, LLC has joined hands with the China National Nuclear Corporation (CNNC) to build a new type of nuclear reactor called a traveling wave reactor running on an abundant form of uranium. According to an agreement that both companies have signed, TerraPower and the CNNC will work together to complete the traveling-wave reactor design and commercialize the technology. At first a 600-megawatt prototype reactor will be built in China, with startup possible by 2020. Subsequently, a 1,150-megawatt reactor would be developed for global commercial use.

China National Nuclear Corporation Signs Nuclear Agreement with TerraPower

China National Nuclear Corporation signed an agreement on joint development of traveling­-wave reactor (TWR) technology with TerraPower, at the Chinese Province- ­US States Trade and Investment Cooperation Seminar in Seattle on September 22, 2015. The research and development of TWR technology can promote the industrial upgrading and sustainable development of nuclear power, as well as develop clean energy and reduce the use of fossil fuels.

Similar Private Companies By Industry

Company Name Region
10C Technologies, Inc. United States
24M Technologies, Inc. United States
2D2C, Inc. United States
360 Electrical, LLC United States
4D Energetics Inc. United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact TerraPower, LLC, please visit terrapower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.