GE Vernova Hitachi Nuclear Energy

Velan and GE Vernova Hitachi Nuclear Energy signed a partnership agreement to explore deploying nuclear components for small modular reactor projects in Europe. The agreement was signed in Paris on June 17, 2026.

Montreal-based valve maker Velan plans a new facility in Durham Region, east of Toronto, to manufacture reactor integral and containment isolation valves for small modular reactors. The plan was announced alongside a partnership with GE Vernova Hitachi Nuclear Energy on June 17, 2026.