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Smr

All articles tagged with #smr

Amazon-Backed X-Energy IPO Spurs SMR Rivalry as Oklo, NuScale Drop
business1 month ago

Amazon-Backed X-Energy IPO Spurs SMR Rivalry as Oklo, NuScale Drop

X-Energy’s Nasdaq debut surged about 27% on its first day, drawing investor interest and pushing valuation near $12 billion, while existing SMR players Oklo and NuScale Power fell on the news. The $1 billion IPO, led by Amazon and others, intensifies competition in the small modular reactor space as Nvidia ties reinforce Oklo’s position and analysts point to upside in NuScale. The move highlights continued market attention on clean energy tech and AI-powered demand driving nuclear stock dynamics.

via TipRanks|
#amazon#business#nuscale-power
US-Hungary sign civilian nuclear pact as energy ties deepen ahead of elections
world3 months ago

US-Hungary sign civilian nuclear pact as energy ties deepen ahead of elections

U.S. Secretary of State Marco Rubio traveled to Budapest to sign a civilian nuclear cooperation agreement with Hungary, part of expanding U.S.-Hungary energy cooperation. Hungary aims to develop up to 10 small modular reactors (SMRs) and sign a nuclear fuel deal with Westinghouse for its Paks I plant, in a context of Orbán seeking Trump’s endorsement ahead of the April elections.

via AP News|
#hungary#nuclear#orban
Nuclear Stocks Surge Despite Recent Volatility and Industry Developments
business8 months ago

Nuclear Stocks Surge Despite Recent Volatility and Industry Developments

Oklo, a nuclear power startup, experienced a significant stock decline after reaching a record high, amid ongoing developments in small modular reactors (SMRs) and mixed analyst opinions. Despite a 500% increase this year, the stock remains unprofitable with plans to commercialize its first reactor by 2028, while broader nuclear stocks also faced declines. The sector is supported by government backing and strategic partnerships, but valuation concerns persist.

via Investor's Business Daily|
#business#energy#nuclear-stocks
NuScale Power's 6-GW SMR Deployment Boosts Stock and Industry Milestone
business8 months ago

NuScale Power's 6-GW SMR Deployment Boosts Stock and Industry Milestone

NuScale Power's stock has surged nearly 400% over the past year due to increased interest in small modular reactors (SMRs), driven by government policies in the US and UK supporting nuclear energy development. Despite the rapid stock increase and major deals like the TVA contract, analysts remain cautious with a neutral rating and a modest price target, citing uncertainties about cost competitiveness and industry credibility.

via TipRanks|
#business#energy-policy#nuclear-energy
Oklo Gains as U.S. Air Force Approves Nuclear Power Deal
business11 months ago

Oklo Gains as U.S. Air Force Approves Nuclear Power Deal

Oklo, a nuclear startup, saw its stock soar over 26% after being selected by the U.S. Department of Defense to deploy its emerging nuclear reactor technology at Eielson Air Force Base, reflecting increased government support for advanced nuclear energy and regulatory reforms under the Trump administration. The company aims to bring its first commercial small modular reactor online by 2028, with broader implications for nuclear energy and related stocks.

via Investor's Business Daily|
#business#government-deal#nuclear
energy2 years ago

"UK's First Private SMR Nuclear Fleet Agreement Powers 2 Million Homes"

Westinghouse has signed an agreement with Community Nuclear Power Limited (CNP) to construct four AP300 small modular reactors (SMRs) in northeast England, marking the UK's first privately-financed SMR fleet. The project aims to provide clean, reliable energy for the North Teesside region and support the development of a Green Energy and Chemical Hub. The collaboration is in line with the UK government's plans to expand nuclear energy capacity, with a fleet of SMRs being a key part of that strategy.

via World Nuclear News|
#clean-energy#energy#nuclear-energy
Study Reveals High Failure Rates for Seagate and Hitachi HDDs.
technology3 years ago

Study Reveals High Failure Rates for Seagate and Hitachi HDDs.

An analysis of 2,007 damaged or defective hard disk drives (HDDs) by data recovery firm Secure Data Recovery has found that the average time before failure among the sample size was 2 years and 10 months, missing the three-year mark. The company also suggested that older drives were more durable and resilient than new drives, with most of the least durable and resilient hard drives from each manufacturer made after 2015. Secure Data Recovery blamed SMR and size for the dip in HDD reliability, with SMR impacting HDD reliability as the disks place components under "more stress."

via Ars Technica|
#data-recovery#durability#hard-drives