Emerald Horizon: Test Loop with VDL kicks off the next phase of ADES development - NuWays AG Research
* VDL Groep and SMRX to sign the first ADES Test Loop project * The project implies a further step to prototype development
ANNONS
Emerald Horizon (SMRX) has announced the start of its ADES Test Loop programme together with industrial partner VDL Groep. According to the company, the Test Loop will represent the first integrated system test for ADES, bringing together components that have so far largely been developed and validated individually. The project is designed to validate the interaction of key fluidthermodynamic components and systems, including the pump, molten-salt circulation, piping, heat exchanger, measurement and instrumentation, and control systems.
We leave our estimates and € 1,300 PT unchanged. While the announcement does not warrant changes to our ADES deployment assumptions at this stage, successful execution would provide further support for the development roadmap underlying our valuation.
