Westinghouse Electric

United States Founded: 1886 • Age: 140 yrs Acquired By Cameco
Small modular reactors are developed for nuclear power applications.

About Westinghouse Electric

Westinghouse Electric is an Energy & Utilities company based in United States founded in 1886, and was acquired by Cameco in October 2022. It operates as a small modular reactors are developed for nuclear power applications. Westinghouse Electric has completed 7 acquisitions, including Carolina Energy Solutions, InCon and Laveer Engineering. Its chief executive is Patrick Fragman. Its website westinghousenuclear.com draws about 211 thousand monthly visits. Westinghouse Electric offers products and services including AP1000 PWR, AP300 SMR, and eVinci Microreactor. Its focus areas include Energy, Nuclear Energy, Hardware Developer and Reactors. Its legal entity is Westinghouse Electric Company LLC. Its competitors include TerraPower, Newcleo, NuScale Power, Oklo and X Energy and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

Westinghouse Electric was founded in 1886 in the United States and operates within the nuclear energy sector. Focus is placed on the design and development of small modular reactors, alongside broader nuclear technologies and services. Operations are centered in the U.S., with emphasis on advanced reactor solutions for energy generation. Leadership is provided by CEO Patrick Fragman, supporting ongoing innovations in the field.

Key Metrics

Products & Services of Westinghouse Electric

Westinghouse Electric offers a comprehensive portfolio of products and services, including AP1000 PWR, AP300 SMR, and eVinci Microreactor.

AP1000 PWR
Nuclear Reactor

Advanced pressurized water reactor for safe power generation.

AP300 SMR
Small Modular Reactor

Compact reactor for efficient and deployable energy needs.

eVinci Microreactor
Microreactor

Small-scale reactor for remote and decentralized applications.

Apps and channels of Westinghouse Electric

its YouTube channel WestinghouseNuclear has 4.64K subscribers and 30 videos.

WestinghouseNuclear
YouTube 4.64K subscribers 30 videos Science & Technology
Open channel

Videos from Westinghouse Electric

The most watched videos on Westinghouse Electric's YouTube channel, WestinghouseNuclear (4.64K subscribers). Click a video to play it here.

Explore eVinci™ Microreactor Capabilities as Westinghouse Technologies Facility Opens
233.1K views
eVinci™ Microreactor Accelerator Hub Opens in Pennsylvania
6.5K views
2023: A Big Year for Westinghouse and Clean Energy
4.7K views
Westinghouse AP300™ Small Modular Reactor: The Only SMR Using Proven, Licensed, Deployed Technology
4.7K views

More on WestinghouseNuclear.

Funding Insights of Westinghouse Electric

  • Total Rounds 23
  • Investors Count 7

Latest 10 of 23 funding rounds of Westinghouse Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022–Grant––
Sep 2022$2,983Grant––
Jun 2022$113,008Grant––
Jun 2021$1.83MGrant––
Jan 2021$214,575Grant––
Sep 2020$232,862Grant––
Jul 2020$12.62MGrant––
–
Mar 2020–Grant––
Jun 2018$5MGrant––
Oct 2017$214,800Grant––
Valuation history

10 investors in total: 10 institutional.

Investors in Westinghouse Electric

Westinghouse Electric has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Toshiba and Cameco.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
High-risk energy technologies are funded through competitive grants.
–arpa-e.energy.govWashington, Dc, United States
Focus is placed on real estate and renewable energy investments.
1899brookfield.comToronto, Canada
Online government services and information are provided to users.
1707gov.ukLondon, United Kingdom
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Geographical information about Paris is provided by the Île-de-France region.
1961iledefrance.frParis, France
-
–economie.gouv.fr-
Military forces are provided by the U.S. Department of Defense for national security.
–defense.govWashington, D.C., United States
Scientific and technical information is managed and disseminated by OSTI.GOV.
–osti.govOak Ridge, United States
Advanced electronic and electrical products are manufactured and marketed globally.
1985toshiba.comTokyo, Japan
Uranium exploration, development, and supply services are provided.
1988cameco.comSaskatoon, Canada
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Investor details for Westinghouse Electric

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People of Westinghouse Electric

381 people are tracked at Westinghouse Electric (140 in leadership, 241 in team).

NameRoleGroup
Patrick Fragman
CEOLeadership
Derek Wenzel
Director Of Core EngineeringLeadership
Dan Murphy
Senior Vice President, Global ManufacturingLeadership
Mathew MacKay
Director - Long Term OperationsLeadership
Valérie Floridia
Global Innovation DirectorLeadership
Helen Vogel
Vice President, Total RewardsLeadership
Luca Oriani
President, APX DeliveryLeadership
Mike Sweeney
EVP & Chief Legal OfficerLeadership
Martin Bolander
Director Global Sales Development, OPSLeadership
Ted Andersen
Vice President, Component Manufacturing And EngineeringLeadership
Rosa Saldicco
Executive Assistant To President And CEOLeadership
Dan Sumner
Interim Chief Executive OfficerLeadership
Alexander Beltes
Director, Corporate Projects & Capital PlanningLeadership
James Pan
China CFO / Asia Finance DirectorLeadership
Shravan Chopra
CFO & EVP, Finance & StrategyLeadership
Phil Simmons
Director, HRBP Global Manufacturing And Global Supply Chain ServicesLeadership
John Fasnacht
Chief Of Staff, Global OperationsLeadership
Grace Cowell Metzgar
Director Of Global Manufacturing Strategy & Business RiskLeadership
Varesha Mauney
Head Of Global Marketing & StrategyLeadership
David Stucker
Director, Global Fuel Cycle StrategyLeadership

361 more people are available in the full profile.

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Investments & Acquisitions by Westinghouse Electric

Westinghouse Electric has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Carolina Energy Solutions, InCon and Laveer Engineering.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of custom based control systems, inspection tooling, and other services
laveer.caBurlington, Canada2013May 2021••••
Commercial plumbing and property damage restoration services are provided.
incon.co.ukEllesmere Port, United Kingdom1986Jan 2020••••
Instrumentation and control solutions are supplied for the nuclear industry.
nuclearlogistics.comOak Ridge, United States1996Oct 2016$100M
Engineering and construction services are provided to various sectors.
stonewebinc.comWashington, United States1889Oct 2015••••
Steel equipment for hydraulic power plants is manufactured by Mangiarotti.
mangiarotti.itMonfalcone, Italy1930Sep 2014••••
Nuclear fuel is manufactured and supplied in Japan.
nfi.co.jpYokohama, Japan1972Apr 2009$100M
Provider of welding, machining, and metrology services
carolinaenergysolutions.comManning, United States1998Nov 2007••••
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Complete acquisition details for Westinghouse Electric

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Timeline of Westinghouse Electric

13 dated milestones of Westinghouse Electric across 136 years, from founding to its latest funding, stage changes and deals.

  1. Founded Westinghouse Electric is founded.
  2. Funding First funding round.
  3. Exit Acquired by Toshiba.
  4. Acquisition Acquires Carolina Energy Solutions.
  5. Acquisition Acquires Nuclear Fuel Industries.
  6. Acquisition Acquires Mangiarotti.
  7. Acquisition Acquires StoneWeb Inc.
  8. Acquisition Acquires Paragon Energy Solutions.
  9. Exit Acquired by Brookfield Asset Management.
  10. Acquisition Acquires InCon.
  11. Acquisition Acquires Laveer Engineering.
  12. Exit Acquired by Cameco.
  13. Funding Latest funding round, Grant,.

Competitors of Westinghouse Electric

Westinghouse Electric has 9 listed competitors in our database, 8 of them funded. They include TerraPower, Newcleo, NuScale Power, Oklo and X Energy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
terrapower.com2006Bellevue, United States$1.46B299
Advanced nuclear reactors are designed for low-carbon energy solutions.
newcleo.com2021London, United Kingdom$842.85M–
Advanced nuclear reactors are designed, built, and operated by Newcleo.
nuscalepower.com2007Portland, United States$198.15M540
Micro modular nuclear reactors are developed for scalable power generation.
oklo.com2013Sunnyvale, United States$120,0002
Small modular reactors are developed for advanced nuclear energy solutions.
x-energy.com2010Greenbelt, United States$829.68M246
Small modular and high-temperature gas-cooled nuclear reactors are developed.
radiantnuclear.com2019Los Angeles, United States$217.96M44
Designer of microreactor technology for power generation and industrial heat
terrestrialenergy.com2013Oakville, Canada$117.64M–
Small modular reactors are developed for integral molten salt technology.
usnc.com2011Seattle, United States$47.4M–
Micro modular reactors and advanced fuel are manufactured.
kairospower.com2016Alameda, United States–253
Molten salt reactors are manufactured for nuclear fission applications.
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Detailed competitors of Westinghouse Electric

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Web traffic of Westinghouse Electric

The website of Westinghouse Electric (westinghousenuclear.com) receives about 211.3K visits a month and ranks #207,380 among all websites worldwide, #1,994 in Energy Industry.

  • Monthly visits
    211.3K

    ▲ 11.2% vs previous month

  • Unique visitors
    94.8K

    per month

  • Global rank
    #207,380

    among all websites

  • Category rank
    #1,994

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with Westinghouse Electric. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
westinghouse.com
100%
230.6K#181,752View details
exeloncorp.com
64%
1.3M#46,009View details
pge.com
59%
7.5M#5,907View details
nexteraenergy.com
59%
184.2K#206,097View details
oxy.com
59%
135.5K#300,337View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 26 similar websites and full traffic analytics for Westinghouse Electric

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Top companies in Nuclear & Fusion Energy

10 companies that operate in the same segment as Westinghouse Electric (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of energy solutions
1925Juno Beach, Florida, United States–USD 26.53 B16,800
Fuel and power producer in the nuclear energy sector
2001United StatesUSD 307.86 M––
Clean energy solutions for generation, retail, and heating are provided.
1998Espoo, Finland–USD 5.86 B4,470
Advanced nuclear reactors are designed for low-carbon energy solutions.
2006Bellevue, Washington, United StatesUSD 1.46 B–299
Compact tokamak fusion reactors are developed with superconducting magnets.
2018Cambridge, Massachusetts, United StatesUSD 3.93 B––
Advanced nuclear reactors are designed, built, and operated by Newcleo.
2021London, England, United KingdomUSD 842.85 MUSD 11.38 M608
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
2010Redmond, Washington, United StatesUSD 1.44 B–593
Energy corporation
1903Newark, New Jersey, United States–USD 12.28 B13,050
Energy utilities, natural gas, and communications technology are provided.
1912United States–USD 29.55 B28,600
FRC nuclear fusion reactors are developed using advanced beam technology.
1998Lake Forest, California, United StatesUSD 1.32 B–304
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Related news about Westinghouse Electric

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Frequently Asked Questions about Westinghouse Electric

Westinghouse Electric was founded in 1886 and raised its 1st funding round 119 years after it was founded.

Westinghouse Electric is headquartered in United States.

Patrick Fragman is the current CEO of Westinghouse Electric.

Westinghouse Electric was founded in 1886 in the United States and operates within the nuclear energy sector. Focus is placed on the design and development of small modular reactors, alongside broader nuclear technologies and services. Operations are centered in the U.S., with emphasis on advanced reactor solutions for energy generation. Leadership is provided by CEO Patrick Fragman, supporting ongoing innovations in the field.

Westinghouse Electric's top competitors include TerraPower, Newcleo and X Energy.

Westinghouse Electric offers AP1000 PWR, AP300 SMR, and eVinci Microreactor.

Westinghouse Electric has made 7 acquisitions, including Carolina Energy Solutions, InCon, and Laveer Engineering.

Westinghouse Electric has 10 investors. Key investors include Gov.uk, Toshiba, Cameco, Region ile-de-France, and Brookfield Asset Management.

Westinghouse Electric operates through Westinghouse Electric Company Llc.

Yes. Westinghouse Electric was acquired by Cameco in October 2022.

The website of Westinghouse Electric receives about 211 thousand visits a month and ranks #207,380 among all websites worldwide.

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