NuScale Power

NuScale Power Reports First Quarter 2024 Results

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четверг, мая 9, 2024
Nuclear, Energy, NuScale Power, Webcast, Carbon, SMR, Event, NRC, Government, Growth, Renewable energy

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the first quarter ended March 31, 2024.
  • “The criticality of NuScale’s near-term deployable SMR technology has never been greater than amidst today’s rapidly expanding power demand landscape,” said John Hopkins, President and Chief Executive Officer of NuScale Power.
  • These actions further long-term financial stability by generating $50 to $60 million in annualized savings, starting in the second quarter of 2024.
  • NuScale reported revenue of $1.4 million and net loss of $48.1 million for the three-month period ended March 31, 2024, compared to revenue of $5.5 million and a net loss of $35.6 million for the same period in 2023.

SandboxAQ Recruits Chris Bates as CISO

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среда, мая 1, 2024
Xerox, SentinelOne, Fidelis Cybersecurity, YL Ventures, AI, CISO, NuScale Power, GTM, StrongDM, Software as a service, Intelligence, Engineering, IPO, ACS, Nike, Government, Privacy, General Dynamics, PALO, Face, Intellectual property, RSA, Security guard, EMC

PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- SandboxAQ today announced it has appointed veteran cybersecurity executive Chris Bates as Chief Information Security Officer (CISO). As the company's first CISO, Bates is responsible for protecting SandboxAQ's data, communications, and intellectual property, while leveraging his expertise in sales, product development, messaging, and go-to-market (GTM) strategies to help develop the company's AQtive Guard cryptography management platform.

Key Points: 
  • PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- SandboxAQ today announced it has appointed veteran cybersecurity executive Chris Bates as Chief Information Security Officer (CISO).
  • Bates joins SandboxAQ from SentinelOne, where he served as Chief Trust and Security Officer and helped scale the company to the largest cybersecurity IPO to date in 2021.
  • "Chris brings a unique mix of experience in cybersecurity, governance, operations, engineering, DevSecOps, product development and more to SandboxAQ," said Jack D. Hidary, CEO of SandboxAQ.
  • "Chris will engage with his CISO peers at our customers today which include global banks, government agencies and other large enterprises."

Global Small Modular Reactor Market for Data Centers Industry Report 2024-2033: Hyperscale Data Centers to Dominate the Market, Opportunities with Favorable Policy Implications for SMRs - ResearchAndMarkets.com

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пятница, апреля 19, 2024
Alternative Energy, Energy, Other Energy, Risk, Nuclear Regulatory Commission, Certification, NuScale Power, Country, Region, Research, Transport, Carbon, SMR, Nuclear energy, Data management, NRC, Organization, Growth, Renewable energy

The hyperscale data centers segment leads the global small modular reactor market for data centers, driven by increasing demand for cleaner energy in data management, cloud services, and digital transformation.

Key Points: 
  • The hyperscale data centers segment leads the global small modular reactor market for data centers, driven by increasing demand for cleaner energy in data management, cloud services, and digital transformation.
  • The global small modular reactor market for data centers is growing at a prominent rate, with many players competing for market share.
  • The small modular reactor market for data centers is characterized by the presence of companies developing small modular reactors (SMRs) and new-age start-ups.
  • The small modular reactor market for data centers is attracting significant investment, driven by its innovative approach and the burgeoning demand for energy security and sustainability.

NuScale Power to Hold First Quarter 2024 Earnings Conference Call on May 9, 2024

Retrieved on: 
четверг, апреля 11, 2024
Nuclear, Energy, SMR, NuScale Power, Webcast, Event

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review first quarter 2024 results on Thursday, May 9, 2024, at 5:00 p.m.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review first quarter 2024 results on Thursday, May 9, 2024, at 5:00 p.m.
  • Financial results will be released after market close that day.
  • The conference call may be accessed by dialing (888) 550-5460 with conference ID 4347254 or by visiting the Events & Presentations page of the company’s website.
  • A replay of the webcast will be available for 30 days.

Seizing the New Nuclear Opportunity - Reuters Events: SMR & Advanced Reactor 2024 Returns to Atlanta in Just Three Weeks

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среда, апреля 10, 2024
Sustainable finance, OPG, Scotiabank, Knowledge, NuScale Power, Policy, SMR, Reuters, TVA, Renewable energy

London, United Kingdom--(Newsfile Corp. - April 10, 2024) - Reuters Events: SMR & Advanced Reactor 2024 is only 3 weeks away with industry leading companies such as TVA, NuScale Power, OPG, and ScotiaBank confirmed to attend in their groups.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - April 10, 2024) - Reuters Events: SMR & Advanced Reactor 2024 is only 3 weeks away with industry leading companies such as TVA, NuScale Power, OPG, and ScotiaBank confirmed to attend in their groups.
  • The event will unite over 600+ decision-makers from across global utilities, investors, reactor developers, policy makers, and solution providers, hosting over 30 hours of industry-breaking discussions across technical and strategic stages.
  • Reuters Events: SMR & Advanced Reactor 2024 will kick off on May 1-2 - only 10% of passes remain.
  • For more information on discounts and securing attendance, visit SMR & Advanced Reactor 2024 (reutersevents.com) or email [email protected] and [email protected] .

NuScale Power Reports Fourth Quarter and Full Year 2023 Results

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четверг, марта 14, 2024
Nuclear, Alternative Energy, Energy, Electricity, Certification, NRC, Webcast, SDA, NuScale Power, Engineering, Watt, Nuclear Regulatory Commission, Hydrogen, Event, SMR, Forging, Ammonia, Renewable energy

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2023.
  • NuScale technology was selected by Standard Power to support the development of two SMR-powered facilities in Ohio and Pennsylvania.
  • The facilities are planned to produce nearly 2 GW of clean energy through the deployment of 24 NuScale Power Modules.
  • As NuScale accelerates its commercialization efforts, it is also initiating the manufacture of NuScale Power Modules.

NuScale Power to Participate in March and April 2024 Investor Conferences

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понедельник, марта 11, 2024
Nuclear, Energy, NuScale Power, Conference, SMR

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024.
  • Attendance at these conferences is by invitation only for clients of each respective firm.
  • Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.
  • March 19, 2024: UBS Global Energy Transition Conference in London, England
    Access NuScale’s Events & Presentations page for a complete list of conferences.

Excel Services Corporation Announces Multiple Strategic New Hires & Promotions

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понедельник, марта 11, 2024
Growth, General counsel, NuScale Power, Senior, Nuclear Regulatory Commission, Management

HOUSTON, March 11, 2024 /PRNewswire/ -- Excel Services Corporation ("Excel") is pleased to announce significant additions to its leadership team as part of its strategic growth initiatives.

Key Points: 
  • HOUSTON, March 11, 2024 /PRNewswire/ -- Excel Services Corporation ("Excel") is pleased to announce significant additions to its leadership team as part of its strategic growth initiatives.
  • These appointments are set to drive the company's expansion and development of new business lines both in the U.S. and internationally.
  • Mr. Andersen has been a senior executive supporting U.S. and international operations at Excel since 2018.
  • Excel looks forward to the innovative strategies and dynamic leadership these individuals will bring to their roles."

Lightbridge Provides Business Update and Announces Fiscal Year 2023 Financial Results

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среда, февраля 28, 2024
GAIN, INL, Gateway, FEED, Centrus Energy, NuScale Power, ATM, Virginia Commonwealth University, Plant, COP28, Travel, Treasury, LTBR, Webcast, Texas A&M University, G&A, Research, Insurance, Structure, Cryptocurrency

RESTON, Va,, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the fiscal year ended December 31, 2023, and provided an update on the Company’s continued progress.

Key Points: 
  • RESTON, Va,, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the fiscal year ended December 31, 2023, and provided an update on the Company’s continued progress.
  • Cash provided by financing activities for the year ended December 31, 2023, was $6.2 million, a decrease of $4.7 million, compared to $10.9 million for the year ended December 31, 2022.
  • Stockholders’ equity was $28.9 million at December 31, 2023, as compared to $29.1 million at December 31, 2022.
  • This $0.4 million decrease was due to the GAIN voucher project that was completed in the first quarter of 2023.

Lightbridge CEO Seth Grae Issues Update Letter to Shareholders

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вторник, февраля 27, 2024
MOX, TRL, Uranium, NASA, Centrus Energy, FEED, NuScale Power, Nuclear Energy Agency, COP28, Letter, Plutonium, LTBR, Safety, Texas A&M University, Risk, DOE, Development, Technology readiness level, HALEU, Structure, Uranium mining

RESTON, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today issued a corporate update in a letter to shareholders from President and CEO Seth Grae.

Key Points: 
  • RESTON, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today issued a corporate update in a letter to shareholders from President and CEO Seth Grae.
  • Ms. Goodman, a recognized national security expert, joined Lightbridge as an independent director, bringing invaluable insights into the intersection of energy and national security.
  • Lightbridge is adopting the Technology Readiness Level (TRL) system to illustrate the progress of its fuel development efforts.
  • Currently, Lightbridge Fuel is positioned at TRL 4-5, indicating a significant phase in our development process.