NuScale(SMR)
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NuScale(SMR) - 2024 Q3 - Earnings Call Presentation
2024-11-07 23:37
| --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | NuScale Nonproprietary Copyright © 2024 NuScale Power, LLC. Forward-Looking Statements This presentation may contain forward-looking statements (including without limitation statements to the effect that the Company or its management "will," "believes," "expects," "anticipates," "plans" or other similar expressions). These forward-looking statements include statements relating to ...
NuScale(SMR) - 2024 Q3 - Quarterly Results
2024-11-07 21:03
Financial Results Announcement - NuScale Power Corporation announced its financial results for the quarter ended September 30, 2024, on November 7, 2024[3]. - The press release detailing the financial results is attached as Exhibit 99.1[5]. Company Classification and Stock Information - The company is classified as an emerging growth company under the Securities Exchange Act of 1934[2]. - The Class A common stock has a par value of $0.0001 per share and is traded under the symbol SMR on the New York Stock Exchange[2]. - The warrants are exercisable for one share of Class A common stock at an exercise price of $11.50 per share[2]. Financial Metrics and Reporting - The report does not include specific financial metrics or performance indicators for the quarter[4]. - The company has not indicated any new or revised financial accounting standards compliance[2]. - No information on user data, future outlook, or new product developments was provided in the current report[4]. - The report does not mention any market expansion or acquisition strategies[4]. - The filing does not include any liabilities under Section 18 of the Securities Exchange Act of 1934[4].
Why NuScale Power Shares Popped 55% This Week
The Motley Fool· 2024-10-18 16:56
Nuclear energy stocks are on fire. Shares of NuScale Power (SMR 1.33%) jumped as much as 54.9% in trading this week, according to data provided by S&P Global Market Intelligence, as the market continues to speculate on future nuclear growth. Shares gave back some of those gains late in the week and are up 37.7% from last Friday's close, as of noon ET. Nuclear energy back in the mainstream Artificial intelligence (AI) has caused a big surge in nuclear energy interest because of the immense energy needs of AI ...
NuScale: A Nuclear Option For The AI Gold Rush
Seeking Alpha· 2024-10-17 18:00
Investment Strategy - Michael Wiggins De Oliveira is an inflection investor, focusing on buying cheap companies when their narrative is changing and profitability is expected to increase significantly over the next year [1] - The investment strategy is concentrated, with a portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - The focus is on tech and "the Great Energy Transition," including uranium [1] Professional Background - Michael has over 10 years of experience analyzing companies, with significant expertise in tech and energy sectors [1] - He has a following of over 40K on Seeking Alpha and leads the investing group Deep Value Returns [1] Deep Value Returns Features - The group provides insights through a concentrated portfolio of value stocks [1] - Offers timely updates on stock picks and a weekly webinar for live advice [1] - Provides "hand-holding" support for both new and experienced investors [1] - Features an active, vibrant, and kind community accessible via chat [1] Affiliation - Seeking FCF is an associate of Michael Wiggins De Oliveira [2]
NuScale Rockets Higher on Amazon Deal: How High Can It Go?
MarketBeat· 2024-10-17 13:32
Core Insights - Amazon's entry into nuclear energy highlights the maturation of Small Modular Reactor (SMR) technology, which is becoming more accessible and cost-efficient for large tech companies [1] - Major tech firms like Amazon, Microsoft, and Google are adopting SMR technology to meet the high power demands of AI data centers, which consume significantly more energy than previous technologies [2] Company Overview - NuScale Power is the only U.S.-regulated SMR developer, with its NuScale Power Module capable of producing 77 megawatts of power, scalable through the VOYGR production plant technology [3] - NuScale has not yet generated significant revenue but is expected to ramp up sales by 2025, with a recent deal to build two facilities for Standard Power [4] Market Forecast - Analysts have a 12-month stock price forecast for NuScale Power at $10.39, indicating a potential downside of 45.47%, despite a "Moderate Buy" rating [5] - Institutional support is growing, but ownership remains low at 15%, with high short interest potentially leading to volatility in stock prices [6] Technical Analysis - NuScale Power shares surged over 40% following Amazon's announcement, breaking critical resistance levels, indicating a bullish market outlook [7]
Why NuScale Power Stock Soared to an All-Time High Today
The Motley Fool· 2024-10-16 16:45
Amazon is making waves in the nuclear energy sector. Shares of NuScale Power (SMR 32.93%), a nuclear energy company that makes small modular reactors (SMRs), were soaring Wednesday on reports that Amazon (AMZN -0.85%) is interested in using that type of reactor to meet the energy needs of its data centers. NuScale surge also seemed to be getting enhanced by a short squeeze, as a significant percentage of the company's stock is sold short. Potentially positive news like this tends to lead to shorts rushing t ...
Dominion Energy and Amazon to explore advancement of Small Modular Reactor (SMR) nuclear development in Virginia
Prnewswire· 2024-10-16 13:00
SMR development could play a pivotal role in an 'all-of-the-above' energy solution to meet robust electricity demand growth Agreement will explore innovative commercial and financing structures to advance a potential project Dominion Energy committed to the credit and risk profile objectives of the recently concluded business review RICHMOND, Va., Oct. 16, 2024 /PRNewswire/ -- Dominion Energy Virginia and Amazon have entered into a Memorandum of Understanding (MOU) to explore innovative new development stru ...
Why NuScale Power Stock Was a Winner Today
The Motley Fool· 2024-10-14 22:44
Core Insights - Interest in nuclear power solutions is increasing, particularly from well-capitalized sectors, as evidenced by the rise in NuScale Power's stock price by over 6% following positive news from a peer company [1] - Kairos Power has signed a development agreement with Google to establish nuclear energy projects totaling 500 megawatts, expected to be deployed by 2035 [2] - NuScale Power specializes in small modular reactors (SMRs) that can be manufactured in pieces and assembled on-site, making them attractive for resource- and time-constrained clients [3] Industry Dynamics - The demand for energy is rising, especially from the technology sector, creating a need for effective generation solutions [4] - NuScale Power is positioned well to capitalize on this trend, offering cost-effective and resource-light solutions [4] - The recent collaboration between Kairos Power and Google follows similar nuclear development agreements made by other tech giants like Microsoft and Oracle, indicating a growing trend in the industry [3]
Why NuScale Power Stock Topped the Market on Thursday
The Motley Fool· 2024-10-10 22:39
Core Viewpoint - NuScale Power is making progress with its next-generation nuclear power plant project in Romania, which has positively impacted its stock performance, contrasting with the broader market trend [1]. Group 1: Project Development - NuScale has signed a task order for the supply of services related to a small modular nuclear reactor project in Romania, in collaboration with Fluor Transworld Services [2]. - The project will involve the construction of a nuclear reactor on the site of a former coal plant in Doicesti, Romania [4]. Group 2: Economic and Environmental Impact - The U.S. embassy in Romania has highlighted the project as a model of U.S.-Romanian business cooperation, emphasizing its potential to provide carbon-free power, create jobs, and stimulate economic growth [4]. - The initiative aims to position Romania as a clean energy leader in the region [4]. Group 3: Company Reputation - The project is expected to enhance NuScale's reputation as a developer of small modular nuclear reactors, which represents a modern approach to energy generation [4]. - Investors are optimistic that the company can expand its project portfolio globally, including in regions traditionally resistant to nuclear energy, such as the United States [4].
SAIHEAT Announces the Signing of Memorandum of Understanding (MoUs) to strengthen its position in the nuclear and Small Modular Reactor (SMR) markets
GlobeNewswire News Room· 2024-10-10 12:00
SINGAPORE, Oct. 10, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) ("SAIHEAT" or the "Company") (NASDAQ: SAIH, SAITW), announces the signing of two Memorandum of Understanding ("MoUs") concerning HEATNUC products. These MoUs aim to promote cooperation in the Middle Eastern and international small modular reactor sectors while also gaining broader corporate management experience. The MoUs are intended to enhance SAIHEAT's competitiveness in the Middle Eastern and global markets, ...