Rolls Royce Makes Shortlist for UK's New Mini Nuclear Plants [BNN Bloomberg (Canada)]
NuScale Power Corporation (SMR)
Company Research
Source: BNN Bloomberg
Small modular reactors are promoted by industry and the government as a way to generate clean nuclear power at a fraction of the cost and time required to build large-scale plants. The government is now deciding which technology to back for the country's first small reactor. In a process run by the government's Great British Nuclear, the UK selected four out of five companies to proceed to the next stage. In addition to Rolls Royce, they include a collaboration between GE Vernova Inc. and Hitachi Ltd., Holtec Britain Ltd. and Westinghouse Electric Company UK Ltd. The US-listed NuScale Power Corp. failed to advance to the next round, while Electricite de France SA previously pulled out of the competition. Bidders will next be invited to start negotiating with Great British Nuclear. Hinkley Point C is the only major nuclear power plant under construction in Britain. The government is committed to building a copy of that plant and is trying to raise private money to get the Size
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SMR
Earnings
- 8/8/24 - Miss
SMR
Sec Filings
- 9/27/24 - Form 4
- 9/25/24 - Form 144
- 9/24/24 - Form 4
- SMR's page on the SEC website