Stockchase Opinions

Andrew Pyle New Scale Power Company SMR COMMENT Sep 18, 2023

The question was on companies that build small modular reactors. This is a growing space since these can be built in a factory as opposed to large scale site development of nuclear reactors. There are not a lot of companies in this space. Rolls Royce is one of them but it has other divisions as well. The New Scale Power Company is one of the companies dealing specifically with SMR's and it has been approved in the U.S.

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RISKY

Is up 659% this year. It's losing money as it develops small-scale nuclear modules, but he bets the balance sheet will be fine once it lands a huge hyperscaler contract.

DON'T BUY

It's made promising advances in small-form reactors, but loses money on weaker sales.