MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Avingtrans reports orders over £10 million for nuclear applications

ALN

Avingtrans PLC on Thursday reported ‘strong growth prospects’ for its Advanced Engineering Systems division, after it secured orders worth more than £10 million.

Since the start of 2026, the engineering firm’s AES division, which has a strong heritage in the nuclear engineering sector, received over £10 million orders for nuclear applications.

Orders include a £3 million contract for a Reactor Water Cleanup Pump for the Iberdrola Cofrentes Nuclear Power Plant in Spain.

The Cambridgeshire-based company also reported a series of long-lead orders of prototype pumps for ‘next generation, smaller-scale nuclear technology projects’ alongside announcing ‘a growing pipeline of opportunities which support current market expectations.’

Austen Adams, chief operating officer, said that Avingtrans is seeing ‘a renewed desire to develop new-build nuclear as a sustainable, decarbonised energy source. This has only accelerated in the wake of recent geopolitical instability, with countries around the world seeking to reduce their reliance on third-countries for their energy supplies.’

‘Avingtrans’ businesses are already well advanced developing prototypes for one of the world’s leading SMR companies and we expect this to be just the start of a significant increase in market activity across the industry,’ he added.

Shares in Avingtrans were up 7.8% to 625.00 pence in London on Thursday afternoon.

Copyright 2026 Alliance News Ltd. All Rights Reserved.