⚛️Honeywell's License Transfer
Honeywell International Inc.; Consideration of Approval of Transfer of Control of Licenses
Summary
The U.S. Nuclear Regulatory Commission (NRC, the Commission) received and is considering approval of an application filed by Honeywell International, Inc. (Honeywell) on January 24, 2025, as supplemented by letters dated February 14, 2025, March 3, 2025, and March 7, 2025. The application seeks NRC consent to the direct and indirect transfer of control of the materials license SUB-526, held by Honeywell, and to the indirect transfer of control of Honeywell's economic interest in ConverDyn, GP ("ConverDyn") which holds NRC export license number XSOU8789. The application contains sensitive unclassified non-safeguards information (SUNSI).
Agencies
- Nuclear Regulatory Commission
Business Impact
$$$ - High
The NRC's consideration of Honeywell's application for the transfer of control of licenses involves critical compliance and regulatory requirements that can affect business operations, especially regarding ownership changes in the nuclear sector, which may have financial and operational implications for affected businesses.