DALLAS, Aug. 10, 2021 /PRNewswire/ -- Jacobs
(NYSE:J) was selected to design and deliver the First Plasma
Radiological Environmental Monitoring System (REMS), a key safety
system for ITER, the world's largest fusion energy experiment.
The First Plasma REMS, which protects workers and the
environment against ionizing radiation by monitoring radiological
activity, is needed for the milestone moment when ITER starts
operations.
Fusion for Energy (F4E), the organization responsible for the
European Union's contribution to ITER, amounting to nearly half of
the project, estimates the contract for final design, procurement,
installation and commissioning at $4.2
million (€3.5 million).
F4E has also reselected Jacobs as its principal supplier of
instrumentation and control systems support under a new framework
contract covering ITER's upcoming nuclear safety needs over the
next seven years. Jacobs will prepare technical specifications and
support F4E to oversee project delivery and acceptance of systems.
F4E estimates the maximum value of the contract at $10.6 million (€9 million). Jacobs is already
carrying out this work as the incumbent on a previous
framework.
"We will leverage Jacobs' leading edge technical and project
integration capabilities to deliver this technically complex
project," said Jacobs Energy, Security and Technology Senior Vice
President Karen Wiemelt. "We aim to
bring together the best equipment suppliers from across
Europe with Jacobs, to deliver a
robust integrated system to support ITER's first plasma
Radiological Monitoring System, and to lay the foundation for
subsequent phases of work to support future fusion power
operations."
Jacobs previously delivered the REMS preliminary design under a
separate contract. The new project will be carried out at the ITER
site and at Jacobs' offices across Europe.
ITER, an international experiment involving 35 countries, is
seeking to prove the viability of fusion energy by building the
world's largest fusion device at St-Paul-lès-Durance, France, and demonstrating that it can produce
more energy than is needed to power its plasma. Additional REMS
equipment will be required for subsequent operations.
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good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
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forward-looking statements as such term is defined in Section 27A
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uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic
and the related reaction of governments on global and regional
market conditions and the company's business. For a description of
some additional factors that may occur that could cause actual
results to differ from our forward-looking statements, see our
Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended July 2, 2021, and in particular
the discussions contained under Part I, Item 2 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item
1A - Risk Factors, as well as the company's other filings with the
Securities and Exchange Commission. The company is not under any
duty to update any of the forward-looking statements after the date
of this press release to conform to actual results, except as
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Kerrie Sparks
214.583.8433
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SOURCE Jacobs