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Stock impact report

US SMR deals remain elusive for NuScale [Yahoo! Finance]

Fluor Corporation (FLR) 
Last fluor corporation earnings: 10/31 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.fluor.com/node/5806
Company Research Source: Yahoo! Finance
Dive Brief: NuScale is in “advanced commercial dialogue with major technology and industrial companies, utilities, and national and local governments” on potential small modular reactor deals as it looks forward to U.S. Nuclear Regulatory Commission approval for its 77-MW reactor uprate application later this year, the nuclear technology company said in a Monday earnings release The company ordered “long-lead materials” for six additional modules from supply chain partner Doosan Enerbility in anticipation of customer orders, and continues to advance a 462-MW power plant project in Romania as a subcontractor to Fluor Corp., CEO John Hopkins said on the company's Monday earnings call. But NuScale has yet to finalize a deal with any U.S. data center operators or other industrial customers due to “the complexity of putting these projects together,” Hopkins said. Dive Insight: In a Q4 and full-year 2024 earnings presentation that noted a significant revenue boost toward the end Show less Read more
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