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Nuclear Diamond Batteries, Inc. (OTCID: WEDG) Announces Completion of Corporate Name Change Following FINRA Processing
Globenewswire· 2025-12-29 11:18
Core Viewpoint - The company has officially changed its name to Nuclear Diamond Batteries, Inc. following the acquisition of a controlling interest in Atomiq, Inc., which holds a nuclear diamond battery patent portfolio [1][2] Group 1: Corporate Name Change - The corporate name change has been processed by FINRA and is now reflected in OTC Markets as of December 29, 2025, with trading continuing under the ticker symbol WEDG [1] - The new name aligns with the company's strategic direction and branding transition after acquiring Atomiq, Inc. [2] Group 2: Business Strategy and Technology - The company is not merely rebranding but is aligning its public identity with the assets acquired and the development roadmap being established [3] - The transition signifies the company's commitment to advancing solid-state, ultra-long-duration energy systems through Atomiq's technology, positioning it for next-generation clean energy applications [3] Group 3: Product Development - Nuclear Diamond Batteries, Inc. is developing "never charge" nuclear diamond battery systems based on betavoltaic energy conversion, which utilize radioactive decay within engineered diamond semiconductor structures [4] - These micro power sources are designed to deliver controlled electrical output for years to decades without maintenance or recharging, targeting applications in aerospace, robotics, defense, medical implants, IoT, industrial monitoring, and space [4]
Construction Progress Drives Oklo's 2028 Aurora Nuclear Launch
ZACKS· 2025-08-14 13:01
Core Insights - Oklo Inc.'s first commercial Aurora Powerhouse is set to launch between late 2027 and early 2028, designed to produce up to 75 MW of power and operate for 10 years without refueling [1][10] - Construction planning is underway with Kiewit Nuclear Solutions to support design and procurement, leveraging non-nuclear construction expertise to control costs and accelerate timelines [2] - Oklo has agreements to supply over 14 GW of power to U.S. partners and is exploring global opportunities, aiming to provide a flexible model for next-generation clean energy [3] Company Context - NuScale Power is advancing its small modular reactor technology, designed for scalable power delivery in increments of 77 MW per module, with U.S. Nuclear Regulatory Commission approval [4] - BWX Technologies is developing advanced nuclear solutions, focusing on transportable, factory-built microreactors for niche markets requiring rapid and flexible clean power [5] Market Performance - Oklo's shares have surged nearly 265% this year, indicating strong market interest [8] - The company is trading at a significant premium in terms of the trailing 12-month price-to-book (P/B) ratio compared to the industry average [9]