All articles tagged with #smr
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.
Amazon is investing in small modular nuclear reactors in Washington to meet the energy demands of its AI and cloud services, with plans to build up to 12 units by the 2030s, joining other tech giants in exploring nuclear energy for data centers.
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.
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.
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.
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.
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."