Westinghouse Electric Company
Westinghouse Electric Company is a privately held U.S. nuclear technology company, owned by Brookfield (51%) and Cameco (49%), that designs, manufactures, and services AP1000 reactors, AP300 SMRs, eVinci microreactors, nuclear fuel, and operating plant services for utilities and governments worldwide.
- Company typePrivate
- Founded1886
- HeadquartersCranberry, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Westinghouse Electric Company does
Westinghouse Electric Company LLC is a privately held U.S. nuclear technology company headquartered in Cranberry Township, Pennsylvania, founded in 1886 and owned since November 2023 by Brookfield Asset Management (51%) and Cameco Corporation (49%). With more than 11,000 employees across 21 countries, Westinghouse designs, manufactures, and services commercial nuclear power plants, fuel, and components, with its technology forming the basis for approximately half of the world's operating nuclear reactors. Its core product portfolio centers on three reactor platforms — the AP1000 pressurized water reactor (the only operating Generation III+ large reactor in the United States with NRC design certification through 2046), the AP300 small modular reactor derived from AP1000 technology, and the eVinci microreactor for remote and defense applications — supported by a Lead-Cooled Fast Reactor development program.
Revenue is generated across five streams: nuclear reactor sales and licensing, nuclear fuel products and services for PWR, BWR, and VVER plants (manufactured at the Columbia Fuel Fabrication Facility in South Carolina and Springfields in the United Kingdom), comprehensive operating plant services (outage, maintenance, instrumentation and controls, parts, and engineered solutions), engineering and construction management for new nuclear plants, and government services for defense and space applications. The company sells primarily through direct enterprise field sales to nuclear utilities and government counterparties, with contracts structured as multi-year, multi-billion-dollar agreements and complex project development partnerships (e.g., the Westinghouse-Bechtel consortium for Poland's first nuclear plant).
Key customers and partners include U.S. utilities such as Southern Company and Santee Cooper; European state-owned utilities including Polskie Elektrownie Jądrowe (Poland), Energoatom (Ukraine), MVM Paks (Hungary), ČEZ (Czech Republic), and GEN energija (Slovenia); the hyperscale AI infrastructure developer Fermi America; and strategic partners including the U.S. Department of Energy, Brookfield, Cameco, Bechtel, and Google Cloud. Adjusted EBITDA was approximately $780 million in 2024 per analyst reports, and the company is investing aggressively to scale AP1000 fleet deployment in the U.S. and abroad under an $80 billion strategic partnership with the U.S. Government announced in October 2025.
Westinghouse Electric Company firmographics
Firmographics- Name
- Westinghouse Electric Company
- Legal name
- Westinghouse Electric Company LLC
- Website
- https://westinghousenuclear.com
- Company type
- Private
- Founded year
- 1886
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Westinghouse Electric Company is a privately held U.S. nuclear technology company, owned by Brookfield (51%) and Cameco (49%), that designs, manufactures, and services AP1000 reactors, AP300 SMRs, eVinci microreactors, nuclear fuel, and operating plant services for utilities and governments worldwide.
- Ownership category
- akta.pro rank
Westinghouse Electric Company industry classification
Industry- Product category
- Nuclear Reactor Technology
- NAICS
- Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361)
- SIC
- Engines & Turbines (3510)
- akta.pro primary industry
- Gen III/III+ Reactor Systems & Components (EUAKADAB)
- akta.pro secondary industries
- Gen IV / Advanced Reactor Systems (SFR, LFR, GFR, MSR, HTGR, Microreactors) (EUAKADAC), Reactor Protection, Safety Systems & Engineered Safeguards (ECCS, Containment Isolation) (EUAKADAI), Fuel Cycle Chemical & Process Equipment (Cylinders, autoclaves, fluorination systems) (EUAKACAI), Nuclear Plant EPC & Construction (EUAEAAAC), Reactor Vessel, Internals & Primary Circuit Components (RPV, piping, pumps, valves) (EUAKADAE)
Keywords
Where Westinghouse Electric Company is headquartered
LocationHeadquarters
- HQ city
- Cranberry
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Westinghouse Electric Company business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Nuclear Reactor Sales and Licensing: Sale and licensing of nuclear power reactor technology including AP1000 large modular reactors and AP300 SMRs to utilities and governments worldwide
- Nuclear Fuel Products and Services: Design, manufacturing, and supply of nuclear fuel assemblies for PWR, BWR, and VVER reactors including fuel fabrication operations
- Operating Plant Services: Comprehensive services for operating nuclear plants including outage services, maintenance, inspection, engineered solutions, instrumentation and controls, parts supply, staffing solutions, and long-term operations support
- Engineering and Construction: Project development, engineering, procurement and construction management for new nuclear plant deployment
- Government Services: U.S. government nuclear operations support, decommissioning, and advanced technology applications for defense and space markets
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Large-scale nuclear plant projects involve multi-billion dollar contracts with government and utility partners |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Westinghouse Electric Company product offering
Product offeringCore offering
Westinghouse designs, manufactures, and licenses advanced nuclear power reactors — primarily the AP1000 pressurized water reactor, the AP300 small modular reactor, and the eVinci microreactor — and supplies the high-performance nuclear fuel, outage services, instrumentation and controls, and engineered solutions that support the global fleet of operating nuclear plants.
Product overview
Westinghouse Electric Company offers a comprehensive portfolio of nuclear technology products and services organized around the nuclear plant lifecycle. The core product portfolio includes the AP1000 pressurized water reactor (world's first proven Generation III+ reactor with passive safety), the AP300 small modular reactor (next evolution of licensed AP1000 technology), and the eVinci microreactor for remote and defense applications. These reactor products are complemented by nuclear fuel offerings (PWR, BWR, VVER), comprehensive operating plant services including outage management, long-term operations, engineered solutions, digital optimization services, and parts/components supply. The company also offers AI-enabled solutions through Westinghouse AI (proprietary nuclear-specific AI systems leveraging 75+ years of experience), Enhanced Inventory Management (AI-driven optimization via OptiLife Service Center), and the BEACON Core Monitoring System. Supporting services include I&C/Automation, Training Solutions (Nuclearning platform), Energy Storage, and specialized offerings from subsidiaries including Westinghouse Government Services, Stone & Webster (fossil/renewable power), and Westinghouse Electric Italy (manufacturing). The company operates manufacturing facilities including the Columbia Fuel Fabrication Facility (U.S.) and Springfields (UK), serving approximately half the world's operating nuclear reactors.
Differentiator
Problem solved
Functional benefit
Brands
- Westinghouse Government Services: Supports U.S. government needs applying the company's advanced technologies and capabilities in nuclear operations, decommissioning, engineering, procurement and construction management
- Stone & Webster
- Mangiarotti
- AP1000
- AP300 SMR
- eVinci Microreactor
Products and services
- AP1000 PWR The world's first proven Generation III+ pressurized water reactor with passive safety systems requiring no operator action, external power, or mechanical intervention, and a modular construction design delivering approximately 1,100 megawatts per unit. Sold to electric utilities and government-owned power generation entities.
- AP300 SMR The next evolution of licensed AP1000 technology in a small modular reactor format, designed for smaller power requirements and flexible deployment. Targeted at utilities, data center operators, and industrial customers seeking compact nuclear generation.
- eVinci Microreactor A microreactor technology for remote energy applications, space, and defense markets, featuring a compact transportable design with passive safety systems. Targeted at defense installations, remote sites, and space applications.
- Nuclear Fuel for PWR, BWR, and VVER Reactors High-performance fuel assemblies for pressurized water reactors, boiling water reactors, and VVER reactors, including advanced fuel designs (LEU+ ADOPT fuel pellets) and fuel fabrication operations at Columbia (U.S.) and Springfields (UK). Sold to global nuclear utilities.
- Operating Plant Services Comprehensive services for the global nuclear operating fleet including outage services, maintenance, long-term operations, engineered solutions, digital optimization, staffing solutions, BWR services, parts and components, instrumentation and controls, environmental services, and component manufacturing. Sold to operating nuclear utilities worldwide.
- Westinghouse AI Proprietary nuclear-specific AI systems that leverage more than 75 years of human experience to improve efficiency and safety in nuclear reactor construction and operations. Delivered to nuclear utilities and partners.
- Westinghouse Government Services Subsidiary business supporting U.S. government needs with advanced nuclear technologies including decommissioning, engineering, procurement, and construction management. Sold to U.S. federal agencies and defense entities.
- Stone & Webster Engineering and Project Services Engineering and project services for fossil and renewable power generation sectors, including support for aircraft engine manufacturers, large processing facilities, and industrial applications. Sold to power generation and industrial customers.
Quantifiable outcome
- 45,000 jobs created per two-unit AP1000 project
- +2 more outcomes
Companies that use Westinghouse Electric Company
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Westinghouse Electric Company technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature5 records
Westinghouse Electric Company partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, core and minor.
- Google CloudflagshipCollaboration to use AI tools to transform nuclear reactor construction into efficient, repeatable process and enhance operations of existing plants using data-driven insights. Strategic partnership announced July 2025.
- Penn State UniversitycoreFive-year MOU for nuclear research partnership with focus on workforce education supporting sustainable reactor development. Establishes fellowships, 40 paid summer internships, and exploration of research test reactor facility (HORIZON). Builds on 2022 collaboration on eVinci microreactor.
- The Nuclear CompanycoreJoint venture to serve as project manager for potentially completing V.C. Summer Units 2 and 3 in South Carolina. New company offers execution capabilities for AP1000 and AP300 technologies with end-to-end project management.
- ITER (International Thermonuclear Experimental Reactor)minor$180 million contract for assembly of fusion reactor's vacuum vessel - key milestone in ITER construction project to advance fusion energy technology.
- Fermi AmericaflagshipPartnership to finalize Combined Operating License Application for four AP1000 reactors at Fermi America's Amarillo hyperscale AI data center campus. Represents new market for nuclear power in AI infrastructure.
- Data4coreMoU to explore use of AP300 SMR to power future data centers in Europe, reducing reliance on fossil fuels. Data4 selects AP300 as technology of choice for evaluation at European data center deployment.
- BechtelcoreWestinghouse-Bechtel consortium delivering Poland's first nuclear power plant with three AP1000 reactors. Joint engineering, procurement, and construction management. Also partnered on V.C. Summer project restart evaluation.
Scale indicators7 records
Recent moves4 records
Expansion highlights7 records
Westinghouse Electric Company competitors and assessment
Company assessmentDirect peers
- Framatome: France-based designer and supplier of PWR technology (EPR), nuclear fuel, and plant services. Framatome is the closest global competitor to Westinghouse, with a comparable portfolio spanning reactor design, fuel fabrication, I&C, and outage services for an installed base across Europe, China, and the Americas.
- GE Hitachi Nuclear Energy: Joint venture between GE Vernova and Hitachi that designs BWR and ABWR reactors, supplies nuclear fuel, and provides services to the global operating fleet. Directly competes with Westinghouse in the US, Japan, and Europe on reactor design, fuel, and plant services.
- KEPCO / Korea Hydro & Nuclear Power (KHNP): South Korean state-owned nuclear OEM deploying the APR1400 PWR in Korea, UAE (Barakah), and competing for export tenders in Poland, Czechia, and the UK. Directly competes with Westinghouse in the same large-scale PWR export market, with a lower-cost standardized design.
- BWX Technologies (BWXT): US-based supplier of nuclear components, naval nuclear reactors, and nuclear fuel (including TRISO for microreactors). Comparable to Westinghouse across nuclear manufacturing, specialty components, and government/defense nuclear programs.
Emerging players
- NuScale Power: US-based SMR developer with NRC-certified VOYGR design. Competes with Westinghouse's AP300 in the small-modular reactor segment and in pursuit of hyperscaler/data-center power-purchase agreements.
- Rolls-Royce SMR: UK-based SMR developer competing head-to-head with Westinghouse's AP300 in the UK Generic Design Assessment and broader European new-build programs. Focused on modular factory-fabricated PWRs for utility and industrial customers.
- X-energy: US developer of the Xe-100 high-temperature gas-cooled reactor and TRISO-X fuel, with DOE Advanced Reactor Demonstration support. Competes with Westinghouse in the advanced-reactor/SMR space, particularly for industrial and data-center applications.
- TerraPower: Bill Gates-backed developer of the Natrium sodium-cooled fast reactor and traveling-wave concepts, with an active demonstration project at Kemmerer, Wyoming. Competes with Westinghouse's eVinci microreactor and advanced reactor pipeline in the US advanced-reactor market.
- Holtec International: US-based nuclear technology company developing the SMR-160 small modular reactor and providing spent-fuel storage, decommissioning, and plant services. Directly comparable to Westinghouse in operating-plant services and competes in the emerging SMR market.
Broad incumbents
- Rosatom: Russian state nuclear corporation that designs VVER PWRs, fabricates fuel, builds plants, and operates uranium mining through enrichment. Competes with Westinghouse across the full nuclear value chain, particularly in Eastern Europe, the Middle East, and Asia, though currently constrained by sanctions and geopolitics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Westinghouse Electric Company social profiles
Digital presenceWestinghouse Electric Company compliance and trust
Trust signalCompliance4 records
Westinghouse Electric Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Westinghouse Electric Company leadership team
Management profileNumber of profiles
Profiles27 records
Westinghouse Electric Company subsidiaries and ownership
Company hierarchySubsidiaries6 records
Westinghouse Electric Company funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Westinghouse Electric Company M&A and investment
M&A and investmentM&A5 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Westinghouse Electric Company
What does Westinghouse Electric Company do?
Westinghouse designs, manufactures, and licenses advanced nuclear power reactors — primarily the AP1000 pressurized water reactor, the AP300 small modular reactor, and the eVinci microreactor — and supplies the high-performance nuclear fuel, outage services, instrumentation and controls, and engineered solutions that support the global fleet of operating nuclear plants.
Is Westinghouse Electric Company a public or private company?
Westinghouse Electric Company is a private company. It is classified as private equity controlled and is currently operating.
When was Westinghouse Electric Company founded?
Westinghouse Electric Company was founded in 1886. It employs 5,001 to 10,000 people.
Where is Westinghouse Electric Company based?
Westinghouse Electric Company is headquartered in Cranberry, United States, in the North America region.
How does Westinghouse Electric Company make money?
Five revenue lines are on record. Nuclear Reactor Sales and Licensing is the primary driver. The others are nuclear Fuel Products and Services, operating Plant Services, engineering and Construction and government Services.
Who are Westinghouse Electric Company's main competitors?
Direct peers on record are Framatome, GE Hitachi Nuclear Energy, KEPCO / Korea Hydro & Nuclear Power (KHNP) and BWX Technologies (BWXT). Emerging players are NuScale Power, Rolls-Royce SMR, X-energy, TerraPower and Holtec International. Rosatom is listed as a broad incumbent.
Does Westinghouse Electric Company have an API?
No public API is recorded for Westinghouse Electric Company.
What industry is Westinghouse Electric Company in?
Westinghouse Electric Company's product category is Nuclear Reactor Technology. Its primary akta.pro industry code is EUAKADAB, Gen III/III+ Reactor Systems & Components, with a secondary code of EUAKADAC, Gen IV / Advanced Reactor Systems (SFR, LFR, GFR, MSR, HTGR, Microreactors). Its NAICS code is 333611 and its SIC code is 3510.