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Nano Nuclear Energy (NNE) President on UAE Deal & Space Aspirations
Youtube· 2026-02-24 19:00
It's time to spotlight nanuclear energy. Joining us now, Jayu, the executive chairman and president at Nanuclear. Jay, it's so great to have you with us this morning.Thank you for joining us. So, let's talk about Nanuclear. A lot to unpack here.Some exciting headlines that you have. Uh let's talk first about this UAE data center deal. Take us through this announcement and why it's so important for Nanuclear.>> Yeah, thanks for having me this morning. uh Nanuclear announced uhou with EHC investments which is ...
Eagle Energy Metals and Spring Valley Acquisition Corp. II Announce Closing of Business Combination
Globenewswire· 2026-02-24 19:00
Core Viewpoint - Eagle Energy Metals Corp. has successfully completed its business combination with Spring Valley Acquisition Corp. II, leading to the formation of Eagle Nuclear Energy Corp., which will begin trading on Nasdaq under the ticker symbol "NUCL" on February 25, 2026 [1][2]. Company Overview - Eagle Energy Metals Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology [5]. - The company holds rights to the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon, which includes the Aurora deposit with 32.75 million pounds of indicated and 4.98 million pounds of inferred uranium resources [5]. Business Combination Details - The business combination was approved by SVII shareholders on February 23, 2026, and formally closed on February 24, 2026 [1]. - The new entity, Eagle Nuclear Energy Corp., will trade its common stock and public warrants on Nasdaq under the ticker symbols "NUCL" and "NUCLW," respectively [2]. Leadership Commentary - Mark Mukhija, CEO of Eagle, emphasized the completion of the business combination as a key milestone in rebuilding a secure domestic nuclear supply chain in the U.S. and addressing the growing electricity demand driven by technologies like AI and quantum computing [3]. - Chris Sorrells, Chairman & CEO of SVII, highlighted the merger as a significant milestone for the U.S. nuclear industry, noting Eagle's unique domestic uranium capabilities that can respond to market demand [3]. Investment and Market Context - The merger is positioned to leverage record private investments in U.S. nuclear projects, aiming to restore American leadership in the nuclear industry [3]. - The integration of advanced SMR technology with a substantial uranium asset is expected to create an integrated nuclear platform that addresses both electricity demand and uranium market needs [3].
NuScale Power Has Tumbled From All-Time Highs in 2025. Here's What's Next.
Yahoo Finance· 2026-02-24 16:50
NuScale Power (NYSE: SMR), the nuclear technology company, hit an all-time high of $57.42 on Oct. 16, 2025. Unfortunately, the stock has since plummeted and is now trading at about $13, or roughly over 77% below that all-time high. What gives? Well, a few things have soured investors. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Photo source: Getty Images. The first was a widesprea ...
ATTENTION SMR INVESTORS: Contact Berger Montague About a NuScale Power Corporation Class Action Lawsuit
TMX Newsfile· 2026-02-24 15:11
Philadelphia, Pennsylvania--(Newsfile Corp. - February 24, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against NuScale Power Corporation (NYSE: SMR) ("NuScale" or the "Company") on behalf of investors who purchased or otherwise acquired NuScale securities during the period from May 13, 2025 through November 6, 2025 (the "Class Period").Investor Deadline: Investors who purchased NuScale securities during the Class Period may, no later than Ap ...
SMR Targets 72 Modules With ENTRA1: Is Deployment on Track for 2030?
ZACKS· 2026-02-24 13:55
Key Takeaways NuScale Power and ENTRA1 plan up to 6GW, or 72 modules, with the first 12-module plant eyed for 2030.SMR sees demand from data centers and AI, while teaming with Oak Ridge on AI-driven fuel optimization.The 6GW plan lacks binding PPAs, and licensing or supply chain delays could derail timelines.NuScale Power (SMR) is planning a large nuclear deployment with its partner ENTRA1 Energy. This plan could reach up to 6 gigawatts (GW) of power capacity, equal to about 72 NuScale Power Modules, spread ...
S&P 500 Nuclear Leader Constellation Energy Tops Earnings; Will Shares Continue To Rally?
Investors· 2026-02-24 13:29
S&P 500 Nuclear Leader Constellation Energy Tops Earnings; Will Shares Continue To Rally From Lows?| Investor's Business DailyBREAKING: [Nuclear Stock Flashes Buy Signal On Strong Earnings, Outlook]--- S&P 500 nuclear component Constellation Energy ([CEG]) on Tuesday reported better-than-expected fourth- quarter profit and revenue but did not announce guidance for 2026. CEG shares angled higher before the stock market open on Tuesday and have been rallying since hitting recent lows.Constellation Energy repo ...
Is Centrus Energy Stock a Buy Now -- or Is Its Potential Overhyped?
Yahoo Finance· 2026-02-24 13:25
The MIT Technology Review reports that data centers already consume 4.4% of all the electricity generated in the U.S. and that artificial intelligence (AI) will require as much electricity as 22% of all American households combined by 2028. To solve that power crunch on the horizon, the United States has been focusing on nuclear power. The Department of Energy has set a goal to triple American nuclear energy production by the middle of the century. And all those nuclear reactors both operating and plann ...
NANO Nuclear Energy Signs Memorandum of Understanding with EHC Investment L.L.C to Advance Micro Modular Reactor Deployment in the UAE
TMX Newsfile· 2026-02-24 12:59
New York, New York--(Newsfile Corp. - February 24, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor (MMR) and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) with EHC Investment L.L.C (EHC), a diversified United Arab Emirates (UAE) investment holding company based in Abu Dhabi, to explore a joint venture aimed at deploying micro modular re ...
$FRMI Lawsuit: BFA Law Urges Fermi Inc. Investors to Act in Securities Class Action Following 33% Stock Plunge and Customer Agreement Cancellation
TMX Newsfile· 2026-02-24 11:36
New York, New York--(Newsfile Corp. - February 24, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://w ...
Oklo vs. NuScale: Which Nuclear Stock Looks Better for Patient Investors?
The Motley Fool· 2026-02-24 04:05
Core Insights - The increasing power needs of artificial intelligence (AI) present an opportunity for companies developing small modular reactor (SMR) technology, as the International Energy Agency (IEA) predicts AI's electricity consumption will double in the coming years [1]. Company Overview - SMRs operate similarly to full-sized nuclear power plants but on a smaller scale, making them suitable for powering AI data centers due to their reduced space and resource requirements [2]. Company Analysis: Oklo - Oklo's Aurora SMR utilizes liquid sodium metal as a coolant, allowing it to produce 90% less nuclear waste compared to traditional water-cooled reactors [5][6]. - Despite its innovative technology and a government contract for an Aurora reactor at Eielson Air Force Base, Oklo currently generates no revenue and is not expected to do so until 2027 or 2028 [7]. - Oklo's market capitalization is $10 billion, with a current stock price of $63.24, but it is considered highly speculative due to its lack of revenue generation [9]. Company Analysis: NuScale - NuScale's SMR is a miniaturized conventional water-cooled reactor that can be factory-assembled and deployed, and it has been selected to support the Tennessee Valley Authority in deploying 6 gigawatts of SMR capacity [10]. - In Q3 2025, NuScale reported $8.2 million in revenue, primarily from its collaboration with Fluor on Romania's RoPower Doicești plant, which contributed $7.8 million [11]. - NuScale has a market capitalization of $3.8 billion, a current stock price of $12.61, and holds $753.8 million in cash and equivalents, indicating a stronger financial position compared to Oklo [13][14].