India’s top energy firms are advocating for nuclear power to decarbonize the world’s third-biggest emitter https://t.co/Gl4C8vryqw ...

Nuclear power is an “excellent option” for Taiwan, as demand from energy-intensive AI is set to skyrocket in the tech manufacturing hub, according to Nvidia https://t.co/OENTNmmOZb ...

It surely makes sense for big nuclear powers, even geopolitical rivals, to talk to each other. Whether they need to roll out the honours at home for no gain is more doubtful https://t.co/J8Bh1rwO6T ...

RT Bloomberg Opinion (@opinion)Why on Earth does the US want nuclear power on the moon?@liamdenning explains why we need more here on Earth first 📽️ https://t.co/NFM8X6LL4t ...

The Swiss government has presented draft legislation to end its ban on building new nuclear power plants, reversing a policy adopted in 2018 to phase out the technology https://t.co/RV969VtOTM ...

When will Western countries start building small modular reactors? The Zero podcast explores the future of nuclear power https://t.co/sx7LGXnyEm ...

The UK is finally backing nuclear power. But execution — not ambition — will determine its success (via @opinion) https://t.co/NjlD0oxh7n ...

Financial Data and Key Metrics Changes - Total revenues increased by 3% to $33.6 million compared to the same quarter last year [7] - Fully diluted earnings per share from continuing operations increased by 23% [3] - Net income from continuing operations attributable to stockholders was $5.2 million or $0.32 per diluted share, compared to $4.2 million or $0.26 per diluted share in the previous year [10] - Gross profit increased to $12.8 million, representing 38% of total revenue, up from 36% in the previous year [10] Business Line Data and Key Metrics Changes - Retail segment revenue increased by 633%, driven by higher water sales due to reduced rainfall [3] - Manufacturing segment revenue rose by 33% to $5.2 million due to increased production and higher margin products [9] - Bulk water segment revenue slightly declined to $8.3 million due to lower fuel pass-through charges, but profitability improved due to better plant efficiencies [4] - Services segment revenue decreased by $474,000, primarily due to the completion of the pilot plant testing phase of the Hawaii project [8] Market Data and Key Metrics Changes - Retail water sales in Grand Cayman increased due to lower rainfall [3] - The Caribbean-based bulk water segment faced slight revenue decline but improved profitability [4] - The services segment saw a decrease in revenue due to the completion of pilot testing in Hawaii, offset by higher recurring maintenance contracts in California and Colorado [5] Company Strategy and Development Direction - The company plans to construct additional water storage and production facilities in Grand Cayman to meet growing demand [13] - Investments in new desalination plants in The Bahamas are expected to support future revenue growth [14] - The manufacturing business is diversifying and stabilizing, with a focus on higher-margin projects and opportunities in the nuclear power sector [15][31] - The company is exploring public-private partnership projects in the U.S. to address water shortages [60] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth in the Caribbean and U.S. markets, particularly in wastewater treatment [22][25] - The company is addressing permitting issues for the Hawaii project and expects to begin construction early next year [6][54] - There is a positive outlook for cash generation and potential M&A opportunities to enhance shareholder value [59][60] Other Important Information - The company declared a quarterly cash dividend of $0.14 per share, a 27% increase from the previous dividend [12] - Cash and cash equivalents grew to approximately $112.2 million as of June 30 [11] Q&A Session Summary Question: Market opportunities in the Caribbean and U.S. - Management noted continued interest in wastewater projects in the U.S. and highlighted growth opportunities in the Phoenix area [22][25] Question: Pipeline development in Colorado - The company sees potential for more projects in Colorado following a recent design win [24] Question: Opportunities in The Bahamas - Management confirmed ongoing projects in The Bahamas and expressed excitement about future water supply needs [27] Question: Manufacturing expansion impact - The expansion of the manufacturing facility is expected to increase capacity and allow for larger projects [28][30] Question: Nuclear business opportunities - The nuclear sector remains a focus, with domestic clients and potential for international work through partnerships [35][36] Question: Future CapEx needs - Most capital expenditures will be directed towards growth in the Cayman utility and ongoing projects like Cat Island [41] Question: Payment issues in The Bahamas - Management reported progress in receiving payments from the Bahamian government [43][56] Question: Cash generation and M&A plans - The company is actively looking at M&A targets and exploring opportunities for public-private partnerships [59][60]

Scott Nolan is the founder and CEO of General Matter, a venture-backed company that with the blessing of the Department of Energy just broke ground this week on a new private venture at the very same facility. Nolan is also a partner at Founders Fund and he joins us now. Scott, it's great to speak with you.Thanks for having me on. So, let's start right there because this is going to be the first in the US privatelyowned and operated uranium enrichment facility. How is this going to work.So yes, earlier this ...

It is time to let me just talk about myself. During the course by itself. And then the lightning round is over.Are you ready. Steve Danaher over. Islam in Virginia. Islam.>> Hi, Jim. How are you today. >> I am good, sir.How are you. >> Very good. Very good. Thank you very much.I have a quick question. You have been invited a number of times. The CEO of the company.The stock did very good and in April it went down like all other stocks, but it never recovered back. So my stock is Salesforce CRM. >> Okay.So S ...