Latest news with #Canadian-designed
Cision Canada
07-05-2025
- Business
- Cision Canada
Competition Bureau advances an investigation into BWX Technologies' proposed acquisition of Kinectrics
GATINEAU, QC, May 7, 2025 /CNW/ - The Competition Bureau has obtained court orders to gather information to advance its investigation into BWX Technologies' proposed acquisition of Kinectrics. BWX Technologies and Kinectrics operate in the nuclear medicine sector, among other nuclear sectors. BWX Technologies and Kinectrics, directly or through a joint venture or partnership, provide products and services at various stages of the medical isotope value chain. The Bureau is investigating whether the acquisition is likely to result in a substantial lessening or prevention of competition in Canada's nuclear medicine sector. The acquisition includes Kinectrics' interest in Isogen, a company that enables the production of medical isotopes and is jointly owned with Framatome Canada. The court orders, granted by the Federal Court of Canada, require three market participants in the nuclear medicine sector to provide information and produce records and data related to but not limited to transaction agreements, capacity, sales, and competitive dynamics. The entities receiving court orders are Bruce Power, Ontario Power Generation (OPG) and Framatome Canada. The Bureau also issued supplementary information requests to BWX Technologies and Kinectrics. BWX Technologies announced its plan to acquire Kinectrics on January 7, 2025. Quick facts Medical isotopes are used by medical professionals to diagnose and treat health conditions such as heart disease and cancer. The Competition Bureau can issue supplementary information requests to the parties of a proposed merger within a 30-day waiting period for notifiable transactions. Notifiable transactions are those that meet certain financial thresholds and criteria defined in the Competition Act. BWX Technologies is a publicly-traded, US-based company involved in various nuclear industries. In the nuclear medicine sector, the company processes medical isotopes and manufactures finished drug products. BWX Technologies also partners with OPG to produce medical isotopes. The company operates globally and has facilities in Ontario and an office in British Columbia. Kinectrics is a Canada-based provider of engineering and in-plant services for nuclear facilities. It produces inputs used for medical isotopes while its joint venture, Isogen, produces medical isotopes. The company operates globally and is headquartered in Toronto, Ontario. Isogen, a Canada-based joint venture between Kinectrics and Framatome Canada, works with CANDU reactor technology to enable the production of medical isotopes. Isogen partners with Bruce Power to produce medical isotopes for global markets. Bruce Power and OPG operate CANDU nuclear reactors and are leading suppliers of medical isotopes used worldwide. OPG is one of North America's largest energy providers and Bruce Power is a major nuclear power provider in Ontario. Both are headquartered in Ontario and are Canada-owned. CANDU (CANada Deuterium Uranium) reactors are Canadian-designed, pressurized heavy-water reactors that use natural uranium fuel and heavy water as a moderator and coolant. CANDU reactors are important contributors to the global supply of medical isotopes. Framatome Canada is a subsidiary of Framatome, a France-based company that provides nuclear power products and services. Framatome operates globally in more than 20 countries. Stay connected: The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth. SOURCE Competition Bureau
BBC News
01-05-2025
- Sport
- BBC News
Ex-parachute regiment officer from Lewes aims for rowing record
A former parachute regiment officer has set off on his attempt to break the record for a solo row around Great Britain, aiming to honour his former Ellicock, from Lewes in East Sussex, was wounded in action during a hostage rescue in Sierra Leone in 2000, when he was a 25-year-old parachute regiment platoon father-of-three, now 49, is attempting to make history by completing the challenge in less than 80 days."I turn 50 this year and to 'celebrate' I thought it would be a good idea to attempt to break the record for rowing around Great Britain," he said. He set off from Newhaven on Wednesday in a Canadian-designed boat called Pegasus which is a combination of a sea kayak and an ocean rowing will go in a clockwise direction, stopping inland every so often to replenish supplies."I'm least looking forward to hitting Thurso, which is one of the most dangerous bodies of water in the UK, maybe in the world," he said."But I've trained hard for this challenge and taken advice from experts to ensure I'm equipped to deal with the wild waters there unscathed."Mr Ellicock will raise funds for the Parachute Regiment Charity. Following his recovery from being wounded in action in Sierra Leone, Mr Ellicock said he "had the privilege of commanding paratroopers on operations again before making a successful and rewarding transition into civilian life".He added: "Not all my former brothers in arms were so fortunate, and that's why I'm looking to use this challenge as a way to honour them while raising money for charities close to my heart."He will also fundraise for the Royal National Lifeboat 2013 he broke a Guinness World Record for running the London Marathon with a 40lb (18kg) pack in three hours, 25 minutes and 21 seconds, and has previously taken on the Devizes to Westminster canoe race, which runs over a 125-mile course from Wiltshire to London."This upcoming challenge is from another league though. It's like the next level," he said.
The Herald Scotland
30-04-2025
- Sport
- The Herald Scotland
Ex-Parachute Regiment officer begins 2,000-mile solo row around Great Britain
He made a full recovery and subsequently went on to command a team of paratroopers on operations in Iraq. Mike Ellicock is raising funds for the Parachute Regiment Charity (Phil Steere/PA) The father-of-three, now 49, is attempting to make history by rowing solo around the UK in under 80 days, making him the fastest person to complete the challenge. Mr Ellicock, who sets off on Wednesday morning from Newhaven, said he is taking on the challenge to mark his 50th birthday in May and to raise funds for the Parachute Regiment Charity. 'I turn 50 this year and to 'celebrate' I thought it would be a good idea to attempt to break the record for rowing around Great Britain,' Mr Ellicock told the PA news agency. 'Half a lifetime ago, as a 25-year-old Parachute Regiment platoon commander, I was wounded in action during a hostage rescue in Sierra Leone but made a full recovery. 'I subsequently had the privilege of commanding paratroopers on operations again before making a successful and rewarding transition into civilian life. 'Not all my former brothers in arms were so fortunate, and that's why I'm looking to use this challenge as a way to honour them while raising money for charities close to my heart.' Mr Ellicock, who now runs a numeracy social enterprise, will be attempting the challenge in a Canadian-designed boat called Pegasus which is a combination of a sea kayak and an ocean rowing boat. He will be sailing clockwise around the UK, stopping inland every so often to replenish supplies. He said: 'I'm least looking forward to hitting Thurso, which is one of the most dangerous bodies of water in the UK, maybe in the world, but I've trained hard for this challenge and taken advice from experts to ensure I'm equipped to deal with the wild waters there unscathed.' Mr Ellicock is no stranger to extreme challenges, having broken a Guinness World Record in 2013 for running the London Marathon with a 40lb (18kg) pack in three hours, 25 minutes and 21 seconds. He has also taken on the Bob Graham Round, a 66-mile hill run in the Lake District and the Devizes to Westminster canoe race, which runs over a 125-mile course from Wiltshire to London. Mike Ellicock is marking his 50th birthday by attempting the rowing challenge (Phil Steere/PA) 'This upcoming challenge is from another league though. It's like the next level,' he said. 'There are certain bits of the coast where there are things called tidal gates, where you get these tidal overfalls, because the water is flowing so fast. 'I'm concerned about those as there are certain places where you have to be there at the right time.' Mr Ellicock, who is also fundraising for the Royal National Lifeboat Institution (RNLI), said he plans to stop off at a number of RNLI stations when he is inland, which he is 'looking forward to'. To learn more about Mike Ellicock's challenge you can visit
Rhyl Journal
30-04-2025
- Sport
- Rhyl Journal
Ex-Parachute Regiment officer begins 2,000-mile solo row around Great Britain
Mike Ellicock, from Lewes in East Sussex, was wounded in action during a hostage rescue in Sierra Leone in 2000, when he was 25. He made a full recovery and subsequently went on to command a team of paratroopers on operations in Iraq. The father-of-three, now 49, is attempting to make history by rowing solo around the UK in under 80 days, making him the fastest person to complete the challenge. Mr Ellicock, who sets off on Wednesday morning from Newhaven, said he is taking on the challenge to mark his 50th birthday in May and to raise funds for the Parachute Regiment Charity. 'I turn 50 this year and to 'celebrate' I thought it would be a good idea to attempt to break the record for rowing around Great Britain,' Mr Ellicock told the PA news agency. 'Half a lifetime ago, as a 25-year-old Parachute Regiment platoon commander, I was wounded in action during a hostage rescue in Sierra Leone but made a full recovery. 'I subsequently had the privilege of commanding paratroopers on operations again before making a successful and rewarding transition into civilian life. 'Not all my former brothers in arms were so fortunate, and that's why I'm looking to use this challenge as a way to honour them while raising money for charities close to my heart.' Mr Ellicock, who now runs a numeracy social enterprise, will be attempting the challenge in a Canadian-designed boat called Pegasus which is a combination of a sea kayak and an ocean rowing boat. He will be sailing clockwise around the UK, stopping inland every so often to replenish supplies. He said: 'I'm least looking forward to hitting Thurso, which is one of the most dangerous bodies of water in the UK, maybe in the world, but I've trained hard for this challenge and taken advice from experts to ensure I'm equipped to deal with the wild waters there unscathed.' Mr Ellicock is no stranger to extreme challenges, having broken a Guinness World Record in 2013 for running the London Marathon with a 40lb (18kg) pack in three hours, 25 minutes and 21 seconds. He has also taken on the Bob Graham Round, a 66-mile hill run in the Lake District and the Devizes to Westminster canoe race, which runs over a 125-mile course from Wiltshire to London. 'This upcoming challenge is from another league though. It's like the next level,' he said. 'There are certain bits of the coast where there are things called tidal gates, where you get these tidal overfalls, because the water is flowing so fast. 'I'm concerned about those as there are certain places where you have to be there at the right time.' Mr Ellicock, who is also fundraising for the Royal National Lifeboat Institution (RNLI), said he plans to stop off at a number of RNLI stations when he is inland, which he is 'looking forward to'. To learn more about Mike Ellicock's challenge you can visit
