Core Insights - NOV Inc. has announced the sale of Shepherd Power, its advanced nuclear development company, to Natura, a leading developer of advanced small modular reactor technology [1][7] - A Memorandum of Understanding (MOU) has been signed between NOV and Natura to establish a supply chain agreement, where NOV will provide manufacturing and project management expertise to support the deployment of Natura's advanced nuclear reactors [1][7] Group 1: Transaction Details - The supply chain agreement aims to support Natura's plans to deploy 100-megawatt molten salt reactor units for data center and industrial markets starting in 2029, reaching scale by 2032 [2] - NOV will become an investor in Natura and appoint a representative to Natura's Board of Directors, ensuring ongoing collaboration in advanced nuclear technologies [3][7] Group 2: Strategic Importance - The power market is identified as a significant industrial growth opportunity for the next decade, with NOV leveraging its manufacturing and project management capabilities in this adjacent sector [3] - Natura's molten salt reactor design incorporates critical safety features and utilizes the existing uranium supply chain, enabling scalable manufacturing of reactors that can economically produce heat and power [3] Group 3: Company Backgrounds - NOV has been delivering technology-driven solutions to the global energy industry for over 150 years, focusing on safe and efficient energy production while minimizing environmental impact [4] - Natura Resources is committed to meeting increasing domestic and global demands for reliable energy, medical isotopes, and clean water, having secured over $120 million in private funding and a commitment from the State of Texas [5]