Key Points The nuclear power specialist is teaming up with a government agency on a pilot project. This is the design and construction of a test facility for the production of radioisotopes. 10 stocks we like better than Oklo › News of a contract with a federal government agency was the inspiration for Oklo's (NYSE: OKLO) stock price rise on Wednesday. The next-generation nuclear power company's shares were cruising more than 3% higher in late-session trading that day. Pilot program Just before ...

Core Insights - Oklo Inc.'s reactor concept is based on fast reactor technology with over 400 reactor years of global operating experience, emphasizing safety and the ability to utilize nuclear waste as fuel [1][9] - The design is influenced by the Experimental Breeder Reactor-II (EBR-II), which demonstrated self-stabilization during severe conditions and the feasibility of on-site recycling of used nuclear fuel [2][3] Company Overview - Oklo's reactor utilizes liquid-metal-cooled and metal-fueled fast reactor technology, ensuring lower risk and enhanced credibility compared to newer, untested designs [9] - The company has seen its shares increase by over 200% in the past year, outperforming the industry [8] Peer Comparison - NuScale Power's small modular reactor (SMR) design is the first to receive U.S. Nuclear Regulatory Commission approval, focusing on factory manufacturing and easy installation [4] - Dominion Energy operates seven nuclear reactors and is exploring SMR technology to meet future energy needs, having issued a request for proposals for an SMR [5]

Core Insights - ArcelorMittal S.A. (MT) has signed a Nuclear Power Production Allocation Contract (CAPN) with EDF to secure a long-term supply of low-carbon electricity, marking a significant advancement in its energy strategy in France [1][7] - The agreement, finalized on December 26, 2025, ensures that MT will receive a share of EDF's nuclear fleet capacity for 18 years, starting January 1, 2026, supporting both steel production and decarbonization efforts [2][7] - This contract is expected to provide long-term access to competitively priced low-carbon electricity, contributing to industrial decarbonization and France's energy sovereignty [3][7] Financial Performance - MT's shares have increased by 116.8% over the past year, outperforming the industry average growth of 49.7% [3] - The Zacks Rank for MT is currently 3 (Hold), indicating a neutral outlook compared to other stocks in the Basic Materials sector [4]

Core Viewpoint - The article discusses the increasing demand for reliable, carbon-free energy sources driven by the AI revolution, highlighting Constellation Energy's strategic position as a key player in the energy sector due to its nuclear fleet [3][6][16]. Group 1: Market Dynamics - U.S. data center power demand surged by approximately 22% in 2025, creating significant pressure on the electrical grid [2]. - Technology giants are willing to pay a premium for reliable power, as evidenced by Constellation's deal with Microsoft, which is priced at around $110 to $115 per megawatt-hour (MWh) [7][8]. - The market is increasingly valuing reliable power as a critical commodity, with Constellation's competitor Vistra Corp acquiring Cogentrix Energy for $4 billion, indicating a trend towards valuing energy assets highly [9][10]. Group 2: Company Positioning - Constellation has transitioned from being viewed as a traditional utility to being recognized as a vital infrastructure partner for the technology sector [4]. - The company is modernizing its fleet through strategic acquisitions and digital upgrades, enhancing long-term reliability to meet future energy demands [5][13]. - Constellation's nuclear fleet is positioned as a unique asset, providing baseload power that is essential for data centers, especially as AI demands increase [6][19]. Group 3: Financial Metrics - Constellation's price-to-earnings ratio (P/E) is around 40x, which is high compared to the utility sector average of 15x to 18x, but this is justified when viewed as a growth stock linked to the tech sector [11]. - Investors are currently paying a premium for the expectation of significantly higher future free cash flow, supported by tightening grid supply [12]. Group 4: Regulatory and Strategic Developments - Constellation received regulatory approval for a $167 million digital safety upgrade at the Limerick Generating Station, marking a significant modernization effort [13][14]. - The company is in the final stages of acquiring Calpine, which will enhance its ability to provide a comprehensive energy solution combining nuclear and natural gas power [15]. Group 5: Future Outlook - The AI super-cycle is still in its early stages, and as energy demands grow, Constellation is well-positioned at the intersection of electrification and digitization trends [16]. - Despite potential stock volatility, the fundamental demand for energy from tech companies supports a strong valuation for Constellation's stock [17].

Core Viewpoint - Centrus Energy has been awarded a $900 million task order by the U.S. Department of Energy to expand its uranium enrichment facility in Piketon, Ohio, which is expected to create thousands of jobs and enhance the U.S. nuclear fuel supply chain [1][2]. Group 1: Expansion and Job Creation - The expansion will support the production of High-Assay, Low-Enriched Uranium (HALEU) and additional Low-Enriched Uranium (LEU) to serve commercial utilities [1][2]. - The project is anticipated to create 1,000 construction jobs and 300 new operating jobs in Ohio, while retaining 150 existing jobs at the Piketon plant [8]. - Additional jobs will be generated at Centrus' centrifuge manufacturing plant in Oak Ridge, Tennessee, and across a nationwide network of suppliers, leading to thousands of indirect jobs [8]. Group 2: Financial Aspects and Commitments - Centrus has secured $2.3 billion in LEU purchase commitments from utilities, contingent upon obtaining necessary financing for the new capacity [4]. - The total task order contract value, including options, is $1.07 billion, with a base amount of $900 million for new enrichment capacity [6]. - The company raised over $1.2 billion in private capital through convertible note transactions to support its expansion plans [4]. Group 3: Technological Development - Centrus has constructed a cascade of advanced centrifuges to demonstrate HALEU production, which became operational in 2023 [3]. - The company plans to build additional centrifuge cascades to enhance HALEU production capacity and produce LEU feed material [4]. Group 4: Government Support and Bipartisan Efforts - The funding award was made possible by a bipartisan funding package supported by various Congressional leaders, highlighting a commitment to revitalizing the U.S. nuclear fuel supply chain [2]. - Centrus' President and CEO expressed gratitude to both Republican and Democratic leaders for their support in securing the funding [2].

Core Viewpoint - The merger between Trump Media and Technology Group and TAE Technologies aims to establish the largest power generation site in the world, focusing on commercial fusion energy in the US [1][4]. Group 1: Merger Details - The merger between Trump Media and TAE Technologies is valued at $6 billion and is expected to close in mid-2026, creating one of the first publicly traded fusion companies [6]. - TAE Technologies has previously secured over $1.3 billion in funding from major companies such as Chevron, Google, and Goldman Sachs [7]. Group 2: Project Plans - The new organization plans to build a fusion plant in the US, with site selection criteria including a minimum of 20 acres, energy distribution capabilities, proximity to metropolitan areas, and local government support [2][3]. - CEO Devin Nunes emphasized that the construction will only occur in "red states" and aims to enable the US to compete with countries like China in energy production [2]. Group 3: Strategic Goals - The initiative is described as a long-term solution to secure safe, clean, and affordable fusion power, which is expected to lower energy bills for Americans and enhance the country's position in the AI revolution [6].

Core Insights - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 2.26% and a net return of 2.01% for Q3 2025, significantly underperforming the Russell 2000 Growth Index, which returned 12.19% during the same period [1] - The fund's top five holdings include Mirion Technologies, Inc., which has shown a 44.66% increase in share value over the last 52 weeks [2] Company Overview - Mirion Technologies, Inc. specializes in radiation detection, measurement, analysis, and monitoring products, serving the Medical and Nuclear & Safety segments [2][3] - The company’s nuclear power solutions are utilized in over 95% of the world's nuclear reactors, while its medical products are present in 80% of the world's cancer centers [3] Financial Performance - In Q3 2025, Mirion Technologies reported revenue of $223 million, reflecting a year-over-year increase of nearly 8% [4] - As of January 5, 2026, Mirion's stock closed at $24.65 per share, with a market capitalization of $6.024 billion [2] Strategic Developments - Mirion Technologies recently acquired Paragon Energy Solutions, enhancing its safety-related offerings for nuclear power plants and increasing its relevance in the small modular reactor (SMR) market [3] - The company is not among the top 30 most popular stocks among hedge funds, with 44 hedge fund portfolios holding its shares at the end of Q3 2025, down from 46 in the previous quarter [4]

Core Viewpoint - Terrestrial Energy has signed an Other Transaction Authority (OTA) agreement with the U.S. Department of Energy (DOE) to advance Project TETRA, a pilot reactor initiative that will facilitate the development of Integral Molten Salt Reactor (IMSR) technology, positioning the company for rapid commercialization of IMSR plants [1][2][3] Group 1: Project TETRA and OTA Agreement - The OTA agreement allows for the construction and operation of a pilot reactor under the DOE's Advanced Reactor Pilot Program, enabling a streamlined collaboration for design review and authorization [1][2] - The TETRA reactor will utilize low-enriched UF₄-based fuel (SALEU) with less than five percent U-235, which supports the company's goal of moving quickly from design to operation [2][3] - This agreement provides a flexible framework for innovation in advanced reactor technology, allowing Terrestrial Energy to operate outside traditional federal contracting constraints [2][3] Group 2: IMSR Technology and Market Position - The commercial IMSR plant is designed to produce 822 MWth (390 MWe) of low-cost clean energy, suitable for electricity generation and industrial heat applications [3] - The high-temperature molten salt fuel design enhances efficiency and supports various industrial applications, including data centers and manufacturing [3][5] - Terrestrial Energy's approach eliminates reliance on high assay low-enriched (HALEU) fuel, thereby improving supply security and scalability with existing U.S. manufacturing infrastructure [3][5] Group 3: Regulatory Environment and Future Engagement - The Advanced Reactor Pilot Program, established under Executive Order 14301, allows the DOE to authorize privately built reactors, facilitating a pathway to regulatory authorization for commercial operations [4] - Terrestrial Energy's selection for the DOE Fuel Line Pilot Program in September 2025 highlights its active engagement with DOE initiatives aimed at expediting the commercialization of small modular nuclear plants [4][6] - The company is focused on building, licensing, and commissioning the first IMSR plants in the early 2030s, indicating a commitment to advancing nuclear energy technology [6]

Group 1 - NuScale Power Corporation (NYSE:SMR) experienced a significant stock increase of 15.14%, closing at $18.78, driven by optimism from the House of Representatives' review of the US nuclear industry [1][3] - The House of Representatives' Energy subcommittee is conducting hearings to discuss the current state of the nuclear industry, focusing on licensing and deployment, as well as the impact of recent laws and policies on industry growth [2][3] - The review aligns with President Trump's agenda to strengthen the nuclear sector in response to rising power demand, particularly due to the growth of the artificial intelligence sector and a renewed focus on domestic manufacturing [4] Group 2 - NuScale Power Corporation's board members Alan Boeckmann and Kent Kresa purchased additional shares, with Boeckmann acquiring 2,607 shares for $36,941 and Kresa acquiring 3,702 shares for $52,457, both at a price of $14.17 per share [5] - Following these transactions, Kresa's indirect ownership through a trust increased to 86,280 units, while Boeckmann's direct ownership rose to 76,667 units [5]

Today, Jan. 5, 2026, nuclear policy discussions, surging volumes, and dilution risks collide in this fast-evolving SMR story.NYSE : SMRNuScale PowerToday's Change( 14.78 %) $ 2.41Current Price$ 18.72Key Data PointsMarket Cap$4.6BDay's Range$ 17.34 - $ 19.5452wk Range$ 11.08 - $ 57.42Volume2.7MAvg Vol24MGross Margin64.95 %NuScale Power (SMR +14.78%), a startup focused on developing small modular (nuclear) reactors, closed Monday’s session at $18.78, up 15.14%. Trading volume reached 62.6 million shares, comi ...