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Why Oklo Stock Tumbled Today
The Motley Fool· 2025-08-20 17:32
UBS will cover Oklo stock -- but it wouldn't buy Oklo stock.Shares of Oklo (OKLO -1.05%), the nuclear start-up that wants to make small nuclear reactors a "thing," fell nearly 7% in morning trading Wednesday before clawing back some of its losses in the afternoon.As of 12:55 p.m. ET, Oklo stock remains down -- but only 1.4%. What spooked Oklo investors today?Blame UBS for the early sell-off.In a note on TheFly.com this morning, the Swiss megabanker initiated coverage of Oklo stock, but only with a neutral ( ...
Silex Systems (RW40) Earnings Call Presentation
2025-08-06 22:00
Commercialising Next -Generation Laser Enrichment Technology Equity Raising Presentation | August 2025 This Presentation has been prepared by Silex Systems Limited ABN 69 003 372 067 (Silex or Company) (ASX: SLX) (OTCQX: SILXY) and is dated 7 August 2025. The information contained in this Presentation is current as at the date of this Presentation or such earlier date as specified in this Presentation. This Presentation has been prepared in connection with the Company's proposed equity raising (Offer) of ne ...
Nvidia wants in on the nuclear renaissance, invests in Bill-Gates backed TerraPower
TechCrunch· 2025-06-20 16:41
Funding and Investment - TerraPower announced a new funding round of $650 million to support the construction of its first commercial power plant [1] - Nvidia's venture arm, NVentures, participated in this funding round, marking its first investment in the energy sector [1] - Bill Gates and HD Hyundai, both existing investors, also contributed to this funding round [1] Project Development - TerraPower began construction of its first power plant in Wyoming in June 2024, although it has not yet received approval for the reactor [2] - The company anticipates receiving the necessary permits in the following year, supported by the favorable regulatory environment under the Trump administration [2] - The first reactor is expected to generate 345 megawatts of electricity, positioning it between conventional large reactors and future small modular reactors [2] Reactor Technology - TerraPower's Natrium reactors utilize molten sodium for cooling instead of water, allowing for a more efficient operation [3] - The design incorporates excess sodium to maintain operation during low demand periods, storing heat for later use when demand increases [3] - This operational flexibility enables Natrium reactors to maintain a steady output, addressing the challenge of nuclear plants' inability to easily ramp production up or down [3] Future Plans and Costs - The company claims it can complete a reactor within three years after the initial concrete is poured, although significant site preparation is required beforehand [7] - The projected cost for the first Natrium reactor could reach $4 billion, with the Department of Energy potentially covering half of this expense [7] - TerraPower previously considered a different reactor design but shifted to the Natrium design due to uncertainties [6]