Shares reverse course after memorandum of understanding
Shares of nuclear technology developer NuScale Power SMR.N reversed course, up 1.4% at $9.5.
The company signed a memorandum of understanding (MOU) with Curio and Framatome to evaluate an integrated nuclear fuel solution.
Under the agreement, the three companies will evaluate source-to-product and source-to-fuel pathways for materials recoverable through Curio's proprietary NuCycle technology.
As part of the MOU, the companies will conduct technical assessments, feasibility studies, supply chain analyses, and interface evaluations to identify potential opportunities for future development agreements and commercial partnerships.
Including the session's moves, SMR was down 34% YTD.
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