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NuScale Power's SMR Expansion Gains Momentum: A Sign for More Upside?
ZACKS· 2025-10-16 18:06
Core Insights - NuScale Power is a global leader in Small Modular Reactor (SMR) technology, benefiting from increasing demand for clean and scalable energy solutions, and is the only SMR technology approved by the U.S. Nuclear Regulatory Commission (NRC) [1][3] - The company received its second NRC approval for a 77-megawatt design in Q2 2025, enhancing its competitive position and customer interest [2][10] - NuScale Power's partnership with ENTRA1 is crucial for reducing project risks and making SMR technology more accessible to various stakeholders [3][10] - The company is expanding internationally, with a project in Romania to replace a coal-fired plant with SMR technology, showcasing the versatility of its reactors [4] - Despite its advancements, NuScale Power faces competition from GE Vernova and BWX Technologies in the nuclear energy sector [5] Competitive Landscape - GE Vernova is developing 300-megawatt small modular reactors and has partnered with Samsung C&T to promote its BWRX-300 SMR in global markets [6] - BWX Technologies is enhancing its presence in the SMR market and has partnered with Kairos Power to improve commercial production of TRISO nuclear fuel [7] Financial Performance - SMR shares have increased by 198% year-to-date, significantly outperforming the Zacks Computer & Technology sector, which has appreciated by 21.6% [8][10] - The stock is trading at a trailing 12-month Price/Book ratio of 30.51X, compared to the sector's 11.15X, indicating a premium valuation [11] - The Zacks Consensus Estimate for loss in 2025 is 46 cents per share, unchanged over the past 30 days, while the company reported earnings of 42 cents per share in the same quarter last year [13]
NANO Nuclear Appoints Vice Admiral Charles J. "Joe" Leidig, Jr. (Ret.
Newsfile· 2025-07-15 11:30
Core Points - NANO Nuclear Energy Inc. has appointed Vice Admiral Charles J. Leidig, Jr. (Ret.) as the Chairman of its Executive Advisory Board for Naval Nuclear Initiatives to guide the company's nuclear power solutions for U.S. Naval operations [2][3][8] - Leidig's extensive military background includes leadership roles in submarine operations and nuclear propulsion, which will be instrumental in advancing NANO Nuclear's initiatives [4][5][6] - The company is progressing towards constructing the first U.S. commercial microreactor, the KRONOS MMR™ Energy System, and aims to leverage Leidig's expertise to enhance its leadership team and technology development [8][10] Company Overview - NANO Nuclear Energy Inc. is focused on developing advanced nuclear energy solutions and aims to become a diversified, vertically integrated company across five business lines, including microreactor technologies and nuclear fuel fabrication [9][12] - The company is recognized as the first portable nuclear microreactor company publicly listed in the U.S. [9] - NANO Nuclear's reactor products in development include the KRONOS MMR™ Energy System, ZEUS, ODIN, and LOKI MMR™, each representing advancements in clean energy solutions [10][12] Strategic Initiatives - The appointment of Vice Admiral Leidig is expected to strengthen NANO Nuclear's advisory capabilities, particularly in the context of military and civilian nuclear applications [6][8] - NANO Nuclear is also exploring commercial applications of its micronuclear reactor technology in space through its subsidiary, NANO Nuclear Space Inc. [14] - The company is working on establishing a domestic source for High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication through its subsidiary, HALEU Energy Fuel Inc. [13]