Group 1 - Energy demand is increasing, primarily driven by artificial intelligence (AI), with data centers projected to consume 3% of global electricity by 2030, up from 1.5% in 2025 [1] - The U.S. Department of Energy aims to triple the nation's nuclear output by the middle of the century, with small modular reactors (SMRs) seen as a key solution to energy challenges [2] - BWX Technologies is positioned as a strong investment option, known for its naval nuclear propulsion systems and a history of building over 400 naval nuclear reactors [4] Group 2 - BWX is at the forefront of SMR technology, with its BANR microreactor capable of generating 50 megawatts of power and Project Pele aimed at creating a transportable microreactor for military use [5] - In Q3 2025, BWX reported a 29% year-over-year revenue increase and a 19% rise in adjusted EBITDA, with free cash flow totaling $238 million for the first nine months [6] - BWX has issued dividends since 2012, with a current yield of 0.50% and a compound annual growth rate of 14.3% in dividends over the past decade [7]