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VANCOUVER, BC, Feb. 17, 2026 /PRNewswire/ -- USANewsGroup.com News Commentary – President Trump's directive to quadruple nuclear capacity[1] is currently colliding with a projection that AI data center consumption could double by 2026[2]. This creates a friction point where utilities are seeking to plug critical gaps in baseload generation before any grid failures, putting a massive spotlight on the domestic value chain represented by Spring Valley Acquisition Corp. II (OTC: SVIIF), Centrus Energy (NYSE: LEU), Constellation Energy (NASAQ: CEG), NexGen Energy (NYSE: NXE) (TSX: NXE), and NuScale Power (NYSE: SMR).
The timing is pivotal because analysts are tracking a structural supply deficit heading into 2026[3]; mine production does not appear to be keeping up with these aggressive reactor requirements. When you factor in the Department of Energy allocating $2.7 billion to expand domestic enrichment[4], it becomes apparent that sovereign resource control is now a primary investment thesis driving this cycle.
Spring Valley Acquisition Corp. II (OTC: SVIIF) a special purpose acquisition company (SPAC) recently announced a pending merger with uranium miner Eagle Energy Metals, a next-generation nuclear energy company. The two companies announced this week that the SEC has declared its registration statement effective, clearing a key regulatory hurdle for its NASDAQ listing under the ticker NUCL. The company's shareholder meeting is scheduled for February 23, 2026, where investors will vote on the business combination. Notably, Spring Valley Acquisition Corp. II (OTC: SVIIF) is led by the same SPAC team that brought NuScale Power Corporation (NYSE: SMR) public in 2022.
The registration approval follows Eagle Energy Metals' recent engagement with BBA USA Inc., a consulting firm tasked with designing a drilling campaign at the Aurora Uranium Project to support a Pre-Feasibility Study. Eagle Energy holds rights to what it describes as the largest open pit-constrained, measured and indicated uranium deposit in the United States. The Aurora deposit sits on the Oregon-Nevada border with 32.75 million pounds of indicated uranium and 4.98 million pounds inferred, based on over 500 drill holes.
"We're seeing sustained demand for nuclear power translate into real demand for uranium, particularly for projects located in the U.S.," said Mark Mukhija, CEO of Eagle Energy Metals. "Advancing Aurora with BBA is about making sure this asset is ready to meet that demand as the market continues to tighten."
President Trump recently signed four executive orders aimed at removing regulatory barriers and quadrupling U.S. nuclear power over the next 25 years, while invoking the Defense Production Act to secure domestic uranium supply.
Meanwhile, electricity demand is accelerating as AI, quantum computing, and cryptocurrency operations strain global grids. Meta recently announced plans to build a $10 billion AI data center in Louisiana powered by nuclear energy from Constellation Energy, while Microsoft, Amazon, Oracle, and Nvidia have struck major deals to power their operations with nuclear.
Beyond uranium, Eagle Energy Metals also holds rights to Small Modular Reactor (SMR) technology. The company is advancing its asset as domestic uranium supply becomes increasingly prioritized.
Centrus Energy (NYSE: LEU) has been awarded $900 million by the U.S. Department of Energy to expand its uranium enrichment facility in Piketon, Ohio, including commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU). The company indicated that the project is expected to support thousands of American jobs, including 1,000 construction jobs and 300 new operating positions in Ohio, with the first new capacity expected to come online in 2029.
"This award represents a historic commitment to revitalizing America's nuclear fuel supply chain and reclaiming American nuclear leadership on the global stage," said Amir Vexler, CEO of Centrus Energy. "This award will catalyze additional private investment and supports the prospect of further expansion as the market continues to grow. Uranium enrichment in Ohio has a big future, and this is just the beginning."
Centrus Energy has already announced that it has secured $2.3 billion in LEU purchase commitments from utilities and raised more than $1.2 billion in private capital via convertible note transactions to support its expansion plans. The total task order contract value with all options included reaches $1.07 billion, with up to $170 million in additional options to produce and deliver HALEU to the Department.
Constellation Energy (NASDAQ: CEG) has completed its acquisition of Calpine Corporation from Energy Capital Partners, reportedly creating the nation's largest producer of electricity with 55 gigawatts of capacity. The combined organization unites Constellation Energy's zero-emission nuclear fleet with Calpine's natural gas and geothermal generation to serve more than 2.5 million retail and business customers nationwide.
"This isn't just about two great companies coming together – it's about strengthening America's future," said Joe Dominguez, CEO of Constellation Energy. "By uniting Constellation and Calpine, we're providing the reliable, clean energy that keeps our communities strong, our businesses competitive and our nation secure."
Constellation Energy indicated that the acquisition strengthens its footprint in high-demand regions including Texas and California while maintaining significant operations in Illinois, Maryland, New York and Pennsylvania. With its expanded platform, the company indicated that it is positioned to scale new clean technologies including advanced nuclear, geothermal, carbon capture and sequestration, and long-duration storage.
NexGen Energy (NYSE: NXE) (TSX: NXE) has announced the expansion of its high-grade subdomain at Patterson Corridor East, with the primary high-grade zone growing 23% in vertical extent from 335 m to 412 m across 210 m of strike length. The overall mineralized footprint expanded to 700 m vertical extent and 620 m strike length, with 67 of 102 drill holes returning mineralization including 17 intersecting off-scale readings.
"The 2025 drill program has rapidly advanced this new discovery, while underscoring the tremendous prospectivity of NexGen's 100% owned dominant land holdings which is driving the expanded activity in 2026," said Leigh Curyer, CEO of NexGen Energy. "The NexGen team is laser focused on concluding the final Federal permitting and licensing for the Rook I Project and immediately advancing through construction into production whilst simultaneously advancing the exciting PCE discovery and other high priority targets."
NexGen Energy has announced that it has commenced a 45,500-meter 2026 exploration program, with 42,000 m of diamond drilling at PCE representing the largest program conducted at the discovery to date. The company will also conduct inaugural drilling at its 100% owned SW3 property with 3,500 m targeting high-priority greenfield areas in the southwest Athabasca Basin.
NuScale Power (NYSE: SMR) announced that it has released study results from a techno-economic assessment conducted in collaboration with Oak Ridge National Laboratory demonstrating that its small modular reactor technology can profitably and reliably power commercial chemical plants. The two-year study found that a 12-NPM plant configuration is the most profitable, while a minimum 4-NPM configuration combined with boilers can meet all chemical plant requirements.
"As the first and only SMR to have our designs certified by the U.S. Nuclear Regulatory Commission (NRC), NuScale continues to lead in the development of new technologies to provide process heat and electricity," said Dr. José Reyes, Co-founder and CTO of NuScale Power. "Delivering high-temperature steam with NuScale's scalable architecture provides industrial users with unparalleled flexibility that can be integrated into their processes and offers a promising new path for them to explore."
The study reportedly demonstrated that the NuScale integrated energy system could meet chemical plant requirements of 1.3 million kg/h of process steam at 400°C while also providing 73 MW of electric power. NuScale Power remains the only SMR provider with NRC-certified designs, positioning it to serve diverse customers across electrical generation, data centers, desalination, and hydrogen production.
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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by USA News Group on behalf of Market IQ Media Group Inc. ("MIQ"). MIQ has been paid a fee for Eagle Energy Metals Corp. advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Energy Metals Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Eagle Energy Metals Corp. but reserve the right to buy and sell, and will buy and sell shares of Eagle Energy Metals Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of Eagle Energy Metals Corp. by CDMG; this is a paid advertisement, we currently own shares of Eagle Energy Metals Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Additional Information and Where to Find It
In connection with the transactions (the "Proposed Business Combination") contemplated by the related Spring Valley Acquisition Corp. II ("SVII") merger agreement (the "A&R Merger Agreement") with Eagle Energy Metals Corp ("Eagle"), Eagle Nuclear Energy Corp. ("New Eagle") filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (File No. 333-290631) (the "Registration Statement"), which was declared effective on January 30, 2026. On February 2, 2026, New Eagle also filed a final prospectus with respect to New Eagle's securities to be issued in connection with the Proposed Business Combination and a final proxy statement to be distributed to holders of SVII's Class A Ordinary Shares in connection with SVII's solicitation of proxies for the vote by SVII's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (collectively, the "Proxy Statement"). This document does not contain all of the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVII, New Eagle or Eagle may file with the SEC. Before making any investment or voting decision, investors and security holders of SVII, New Eagle and Eagle are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about New Eagle, Eagle, SVII and the Proposed Business Combination. Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVII, New Eagle or Eagle through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVII may be obtained free of charge from SVII's website at www.sv-ac.com or by directing a request to Spring Valley Acquisition Corp. II, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.
Participants in the Solicitation
New Eagle, Eagle, SVII and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVII's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVII's directors and executive officers, please refer to SVII's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on April 11, 2025 (the "2024 Form 10-K") and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVII's shareholders generally, will be included in the Registration Statement and the Proxy Statement. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, carefully, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.
No Offer or Solicitation
This document shall not constitute a "solicitation" as defined in Section 14 of the Exchange Act. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.
Cautionary Note Regarding Forward-Looking Statements
Certain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVII's, New Eagle's, Eagle's, or their respective management teams' expectations concerning the Proposed Business Combination and expected benefits thereof; the outlook for Eagle's or New Eagle's business; the abilities to execute Eagle's or New Eagle's strategies; projected and estimated financial performance; anticipated industry trends; the future price of minerals; future capital expenditures; success of exploration activities; mining or processing issues; government regulation of mining operations; and environmental risks; as well as any information concerning possible or assumed future results of operations of Eagle or New Eagle. The forward-looking statements are based on the current expectations of the respective management teams of Eagle, New Eagle, and SVII, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVII's securities; (ii) the risk that the Proposed Business Combination may not be completed by SVII's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVII; (iii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the approval of the A&R Merger Agreement by the shareholders of SVII and the receipt of regulatory approvals; (iv) market risks; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the A&R Merger Agreement; (vi) the effect of the announcement or pendency of the Proposed Business Combination on Eagle's business relationships, performance, and business generally; (vii) risks that the Proposed Business Combination disrupts current plans of Eagle and potential difficulties in its employee retention as a result of the Proposed Business Combination; (viii) the outcome of any legal proceedings that may be instituted against Eagle or SVII related to the A&R Merger Agreement or the Proposed Business Combination; (ix) failure to realize the anticipated benefits of the Proposed Business Combination; (x) the inability to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq Capital Market or a comparable exchange; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro- economic and social environments affecting its business; (xii) fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity); (xiii) restrictions on mining in the jurisdictions in which Eagle operates; (xiv) laws and regulations governing Eagle's operation, exploration and development activities, and changes in such laws and regulations; (xv) Eagle's ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; (xvi) risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); (xvii) inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); (xviii) environmental regulations and legislation; (xix) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xx) risks relating to Eagle's exploration operations; (xxi) fluctuations in currency markets; (xxii) the volatility of the metals markets, and its potential to impact Eagle's ability to meet its financial obligations; (xxiii) disputes as to the validity of mining or exploration titles or claims or rights, which constitute most of Eagle's property holdings; (xxiv) Eagle's ability to complete and successfully integrate acquisitions; (xxv) increased competition in the mining industry for properties and equipment; (xxvi) limited supply of materials and supply chain disruptions; (xxvii) relations with and claims by indigenous populations; (xxviii) relations with and claims by local communities and non-governmental organizations; and (xxix) the risk that the Series A Preferred Stock Investment may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither SVII, Eagle, nor New Eagle presently know or that SVII, Eagle, and New Eagle currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of the 2024 Form 10-K, the risks described or to be described in the Registration Statement, the Proxy Statement, and any amendments or supplements thereto, and those discussed and identified in filings made with the SEC by SVII, New Eagle or Eagle from time to time. Eagle, New Eagle, and SVII caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither Eagle, SVII, nor New Eagle undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that New Eagle, Eagle or SVII will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVII's public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, and which you are advised to review carefully.
SOURCES:
1. https://www.energy.gov/ne/articles/9-key-takeaways-president-trumps-executive-orders-nuclear-energy
3. https://www.nasdaq.com/articles/uranium-price-forecast-top-trends-uranium-2026
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Power Demand Growth and Net-Zero Goals Support Nuclear Market Expansion and Rising Revenue Opportunities
MarketNewsUpdates.com News Commentary
NEW YORK, Dec. 30, 2025 /CNW/ -- Zero-carbon nuclear electricity plays a critical role in the global transition to clean energy by providing reliable, large-scale power with virtually no direct greenhouse gas emissions. Unlike intermittent renewable sources such as wind and solar, nuclear plants operate at high capacity factors, delivering steady baseload electricity regardless of weather or time of day. This reliability makes nuclear power especially valuable for decarbonizing industrial sectors and supporting electric grids with growing shares of variable renewables, while maintaining energy security. Industry research indicates that the global nuclear power market is expected to grow steadily into 2026. Multiple market analysts project the market value to be in the approximate range of $38–42 billion in 2026. One report estimates the market at about $40.48 billion in 2025 and rising to roughly $41.68 billion in 2026, reflecting a multi-year expansion trend as nuclear capacity increases worldwide and investments in plant life extensions and new builds continue. - The market for zero-carbon nuclear electricity is shaped by policy frameworks, capital costs, and technological innovation. Government support through carbon pricing, clean energy standards, and long-term power purchase agreements has become a key driver of new investments and life-extension projects for existing reactors. At the same time, advanced reactor designs--including small modular reactors (SMRs)--are gaining attention for their potential to reduce upfront costs, improve safety, and serve niche markets such as remote regions, data centers, and industrial heat applications. Active companies in the markets this week include DevvStream Corp. (NASDAQ: DEVS), XCF Global Inc. (NASDAQ: SAFX), Trump Media & Technology Group Corp. (NASDAQ: DJT), Constellation Energy Corporation (NASDAQ: CEG) and NuScale Power Corporation (NYSE: SMR).
Despite its advantages, the nuclear electricity market faces challenges that affect competitiveness, including high initial investment requirements, long project timelines, and public perception concerns related to safety and waste management. However, as countries commit to net-zero targets and seek firm, zero-carbon power sources, nuclear energy is increasingly viewed as a complement to renewables rather than a competitor. This evolving perspective is driving renewed interest in nuclear electricity as a strategic asset within a diversified, low-carbon energy market. Looking ahead, the zero-carbon nuclear electricity market is positioned for measured but durable growth. Challenges remain--particularly around project execution, waste management, and public acceptance--but the macro drivers of decarbonization, electrification, and energy security are structural and long-term. As grids demand clean, reliable power at scale, nuclear energy is likely to secure a larger and more resilient role in the global electricity mix, supporting both climate objectives and economic competitiveness.
DevvStream, Southern, IP3, and XCF to Evaluate Development of America-First Nuclear Power, Advanced Fuels, and Digital Environmental Asset Monetization - Potential to advance next-generation eSAF pathways by pairing continuous clean electricity with electrolysis, hydrogen production, and low-carbon fuel synthesis - DevvStream Corp. (NASDAQ: DEVS) ($DEVS) ("DevvStream"), a leading carbon management and environmental-asset monetization firm, today announced a non-binding memorandum of understanding ("MOU") to evaluate a strategic collaboration focused on small modular reactor ("SMR") nuclear power development, electro-sustainable aviation fuel ("eSAF") production, and the creation, verification, and monetization of eligible environmental attributes alongside IP3 Corporation ("IP3"), Southern Energy Renewables Inc. ("Southern"), and XCF Global Inc. (NASDAQ: SAFX) ("XCF") (together "the parties").
The MOU outlines a proposed integrated framework to assess the development and deployment of firm, zero-carbon nuclear electricity from SMRs to support clean fuel production and energy-intensive end markets, including AI data centers, while enabling robust environmental-attribute structures that may meet evolving compliance, reporting, and market standards. The MOU also outlines a framework to explore the development and deployment of SMR-generated electricity to support existing and future operating assets, including a potential nuclear power solution for a proposed SAF refinery in Louisiana, and to enable a scalable portfolio of verifiable environmental attributes.
If pursued, the parties intend to advance reliable, zero-carbon nuclear power to enable continuous electrolysis, hydrogen production, and downstream fuel synthesis, while also supporting excess clean-power offtake for third-party customers where appropriate.
The parties also intend to evaluate, as part of the negotiation of definitive agreements, environmental-attribute structures associated with eSAF and related low-carbon fuel pathways, including emerging "book-and-claim" and SAF certificate frameworks that allow airlines and corporate buyers to access verified in-sector emissions reduction attributes when physical fuel delivery is constrained.
In parallel, and pending the execution of definitive agreements, the MOU contemplates future development of digital infrastructure to enhance transparency, provenance, and auditability, including tokenization of eligible environmental assets and the use of digital measurement, reporting, and verification ("MRV") systems to support data quality, provenance, and auditability.
"Together, we are exploring real-world asset and tokenized environmental-asset frameworks with the potential to unlock additional value, improve liquidity, and help lower the delivered cost of clean energy and fuels," said Sunny Trinh, Chief Executive Officer of DevvStream. "We see this as a potential America-first model that combines U.S. resources, digital infrastructure, and scalable markets."
"This MOU reflects our focus on putting American energy, infrastructure, and production first," said Jay Patel, Chief Executive Officer of Southern Energy Renewables. "As the development of advanced nuclear platforms gain momentum, we believe the goal of developing and deploying firm, domestic power is becoming essential for fuels, manufacturing, and data-driven industries. We are committed to exploring how nuclear power, combined with U.S. biomass resources, can enable an integrated, multi-product approach that strengthens U.S. industrial leadership while remaining globally competitive."
RDML (Ret.) Mike Hewitt, Chief Executive Officer of IP3, added: "Clean, reliable nuclear power is increasingly being pursued as foundational infrastructure for American energy security and industrial growth. We are excited to explore a strategic relationship with XCF, DevvStream, and Southern, including the potential deployment of small modular reactor technology to provide firm power and support e‑SAF production for European markets. IP3's business model to develop infrastructure projects to privatize Small Modular Reactors for multiple offtakers such as AI and data centers that support government and commercial requirements. We believe pairing firm power development with practical environmental‑asset design and monetization can create a differentiated platform that meets real customer demand while delivering the transparency the market expects." Continued… Read this full release and additional news for DEVS by visiting: https://www.devvstream.com/news/news-releases/
Other recent developments in energy news sectors include:
Trump Media & Technology Group Corp. (NASDAQ: DJT) ("TMTG") and TAE Technologies, Inc. ("TAE") recently announced the signing of a definitive merger agreement to combine in an all-stock transaction valued at more than $6 billion. Upon closing, shareholders of each company will own approximately 50% of the combined company on a fully diluted equity basis. The companies have posted supplemental slides to their respective websites, all of which can be accessed at tmtgcorp.com and tae.com.
Highlights: Transaction to create one of the world's first publicly traded fusion companies. Deal to combine TMTG's access to significant capital and TAE's leading fusion technology. In 2026, the combined company plans to site and begin construction on the world's first utility-scale fusion power plant (50 MWe), subject to required approvals. Additional fusion power plants are planned and expected to be 350 – 500 MWe. Fusion power plants are expected to provide economic, abundant, and dependable electricity that would help America win the A.I. revolution and maintain its global economic dominance.
Constellation Energy Corporation (NASDAQ: CEG) was recently awarded "Energy Deal of the Year" at the 2025 Platts Global Energy Awards for its 20-year power purchase agreement with Microsoft that paved the way for the launch of the Crane Clean Energy Center and restart of Unit 1 in Londonderry, Pa. This historic restart stands as a defining moment for American nuclear power and commercial interest in nuclear energy to power the data economy.
"We're very proud of our team's tireless work to make the Crane restart possible. This project will create more than 3,000 jobs, add over $16 billion to Pennsylvania's GDP, and generate more than $3 billion in community supporting taxes," said Dan Eggers, Constellation Executive Vice President and Chief Financial Officer. "This award demonstrates the transformative impact of working together with partners like Microsoft and Pennsylvania Gov. Josh Shapiro to meet the region's growing energy needs and put 835 MWs of clean, reliable power back on the grid at a critical time."
NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, recently congratulated its exclusive global strategic partner, ENTRA1 Energy, on being positioned to receive up to $25 billion in investment capital under the newly signed $550 billion U.S.-Japan Framework Agreement.
The bilateral framework agreement, announced by the White House following a meeting between President Donald J. Trump and Prime Minister Sanae Takaichi in Tokyo this week, will mobilize up to $550 billion in public- and private-sector investment to expand critical energy infrastructure and strengthen supply chains.
As part of this initiative, ENTRA1 Energy will develop a fleet of power plants utilizing baseload energy sources. The program will serve fast-growing energy demand from AI data centers, manufacturing and national defense, while creating thousands of high-quality American jobs and reinforcing U.S. energy independence.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU'S market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This press release was distributed on behalf of DevvStream Corp. For current services performed MNU was compensated forty four hundred dollars for news coverage of the current press releases issued by DevvStream Corp. by the Company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.
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