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Stock impact report

Nuclear reactor developer X-Energy files for US IPO [Yahoo! Finance]

Talen Energy Corporation (TLN) 
Company Research Source: Yahoo! Finance
The U.S. nuclear industry is in midst of a renaissance after ?years of stagnation, driven primarily by surging power demand from the computing infrastructure required for artificial intelligence systems and President Donald Trump's hopes to quadruple nuclear energy output by 2050. X-Energy plans to list its ?Class A common stock ?on the Nasdaq under the ticker symbol "XE". However, it did not disclose the number of shares to be ?offered and the price range. The company is developing more than 11 gigawatts of new nuclear capacity through commercial partnerships in the U.S. ?and the ?United Kingdom. It also plans to ?develop several new reactors ?designed to run on a more enriched type of uranium known as HALEU, though they have not received regulatory licenses. The nuclear reactor developer is one of the several companies that have signed supply deals with big tech companies and utilities. Earlier this week, X-Energy said ?it would deploy its small modular reactors ?in Pennsyl Show less Read more
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