One of the four groups of industrial and utility firms to respond to the Atomic Energy Commission's invitation last year to engage in preliminary studies of the practicability of privately financed design, development, and possible operation of nuclear reactors for power production has, in the words of Atomic Energy Commissioner T. Keith Glennan, placed “an attractive proposal” before the AEC which has been accepted. Dow Chemical Company and Detroit Edison Company, operating as a team, have offered specifically to launch a $250,000 program consisting of further studies and certain developmental work having to do with the industrial use of reactors for the production of power and fissionable materials.