Track market-moving stories before they get noisy

NNE stock is moving. See the chart and price action here.  James Walker, CEO of NANO Nuclear, told Benzinga that the rapid expansion of AI infrastructure is changing the way companies think about energy, compute and data center development.

"AI is becoming an energy story as much as a technology story," Walker said. "The conversation is shifting from ‘how much compute can we build?' to ‘where does the power come from?'"

AI Power Demand AI power demand sits at the center of NANO Nuclear's collaboration with Super Micro, which Walker said could eventually support a more integrated approach to AI data center development. 

Rather than treating power procurement and compute infrastructure as separate challenges, the companies are exploring a model where both are planned together from the start.

"AI infrastructure and power infrastructure are becoming inseparable," Walker said. "Historically, a data center developer would secure land, build the facility, and then hope the grid could support the project in time. That model is starting to break down as AI power demand accelerates."

Walker said AI data centers have become a focus for NANO Nuclear because of the scale and reliability requirements involved. Many facilities require massive amounts of continuous electricity, and grid constraints are already forcing some operators to wait years for sufficient capacity.

"The speed at which AI infrastructure is expanding has created a very real conversation around whether power availability itself becomes the limiting factor for growth," Walker said.

Microreactors for Data CentersNANO Nuclear sees microreactors as a potential solution for developers seeking dependable, on-site power. 

Walker said renewables and batteries have roles to play, but intermittency and duration limits can make them difficult fits for hyperscale AI workloads that require near-constant uptime. 

Natural gas can provide reliable power, but faces emissions concerns, fuel price volatility and infrastructure limitations.

"Microreactors are compelling because they can provide stable, carbon-free baseload power directly on-site, independent of grid congestion, while also reducing exposure to many of those infrastructure bottlenecks," Walker said.

The image below is a rendering of NANO’s Kronos MMR nuclear microreactor:

A New Compute + Power ModelThe Super Micro collaboration could eventually point toward a bundled "compute plus power" model for AI customers. 

Walker said combining nuclear power systems with server infrastructure, cooling systems and deployment expertise could create a more streamlined path for companies building new AI campuses.

"From the customer's perspective, that could eventually evolve into a far more streamlined solution where the power source and the AI infrastructure are designed as one coordinated platform rather than two separate projects competing against each other on timelines," Walker said.

While AI data centers are a major focus, Walker said NANO Nuclear continues to see opportunities across remote communities, mining, defense, industrial operations and critical infrastructure.

Still, the Super Micro partnership gives NANO a clearer opening into the AI infrastructure market.

"For us, the collaboration with Supermicro represents more than just a technology partnership," Walker said. 

"It's an opportunity to position NANO inside the broader AI infrastructure ecosystem early, before this market fully matures."

NNE Price Action: Nano Nuclear Energy shares were up 6.50% at $26.71 at the time of publication on Friday, according to Benzinga Pro data.

Cover image: Piotr Swat / Shutterstock

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Key Takeaways SMR says TVA-ENTRA1 talks could support up to 6 GW of nuclear capacity using its technology.NuScale holds NRC approvals for two SMR designs under Part 52, positioning it as deployable.ENTRA1 is named in a $550B U.S.-Japan framework. Korea also proposed $350B for nuclear/AI. For NuScale Power (SMR - Free Report) , the TVA-ENTRA1 opportunity is shaping up as the company’s most important commercialization catalyst. Discussions tied to the Tennessee Valley Authority (“TVA”) project continue to advance and could potentially unlock the next phase of growth for the small modular reactor (“SMR”) developer. TVA and ENTRA1 Energy are working toward a deployment program that could involve up to 6 gigawatts of nuclear capacity using NuScale technology. The company believes the initiative could become the largest nuclear deployment program in U.S. history.

Talks are progressing toward a definitive power purchase agreement (PPA). Once the PPA is finalized, the company expects activity to accelerate quickly through site-specific licensing work, pre-FEED activities, and eventually OEM contracts tied to NuScale Power Modules. These early-stage activities alone could begin contributing meaningful revenues even before full reactor deployment begins.

NuScale believes its regulatory readiness gives it an edge in securing these large-scale contracts. Unlike many advanced nuclear peers still pursuing earlier-stage licensing pathways, NuScale already holds U.S. Nuclear Regulatory Commission (“NRC”) approvals for two SMR designs under the Part 52 framework. This acts as a major differentiator because customers increasingly prioritize technologies that are commercially deployable rather than still experimental.

Financing also appears to be a critical piece of the TVA story. On the first-quarter earnings call, management pointed to potential support from both Japanese and Korean investment frameworks aimed at funding strategic U.S. industries, including nuclear power and AI infrastructure. ENTRA1 was named in the $550 billion U.S.-Japan investment framework, which could help support financing for the TVA project. South Korea has also proposed a $350 billion investment push into U.S. strategic industries, including nuclear energy, AI and semiconductors.

NuScale does face financing, execution and timeline risks. But the TVA opportunity is the company’s biggest commercial breakthrough yet. If successful, the project would validate years of regulatory work, supply-chain investment and commercialization efforts.

Oklo and NANO Nuclear Push Commercial Deployment PlansOklo Inc. (OKLO - Free Report) is also advancing commercialization efforts in the emerging advanced nuclear market. Last year, the company broke ground on its first Aurora powerhouse project at Idaho National Laboratory under the DOE’s Reactor Pilot Program and is targeting initial operations in late 2027 or early 2028. Oklo has also benefited from rising AI-driven power demand themes, with Meta expanding a planned Ohio deployment vision to 1.2 gigawatts under a power agreement structure designed to support early-stage development. In addition, Oklo has partnered with NVIDIA on nuclear fuel and infrastructure research initiatives tied to future AI data center energy needs.

NANO Nuclear Energy Inc. (NNE - Free Report) is also making regulatory progress in the advanced nuclear space. Last week, NRC formally accepted the company’s Construction Permit Application for its KRONOS micro modular reactor project at the University of Illinois Urbana-Champaign. NANO Nuclear believes KRONOS is the first commercially focused microreactor to reach this stage of the NRC review process. The review is expected to conclude in 2027, potentially allowing construction activities to begin in the second half of next year.

SMR's Price Performance, Valuation & EstimatesShares of NuScale Power have declined more than 60% over the past year, underperforming the industry.

Image Source: Zacks Investment Research

In terms of trailing 12-month price/book, NuScale Power shares are trading at 3.52X.

Image Source: Zacks Investment Research

See how bottom-line estimates for SMR have been revised over the past 90 days.

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NuScale Power currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Acquisition adds more than 20 years of specialized nuclear transportation experience, accelerating NANO Nuclear’s fuel supply chain and reactor deployment capabilities.

NEW YORK, N.Y., May 26, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced the acquisition of Secured Transportation Services LLC (STS), a specialized U.S. based, globally operating nuclear logistics, transportation and services company specializing in the safe, secure and compliant movement of radioactive and nuclear materials.

This acquisition represents a significant strategic milestone in NANO Nuclear’s evolution into a vertically integrated nuclear energy company by adding one of the most important and challenging elements of the nuclear fuel cycle: the capability to plan, coordinate, license, secure and execute nuclear materials transportation and related deployment activities.

With the addition of STS, NANO Nuclear is taking a decisive step toward becoming a leader in the next generation of nuclear energy infrastructure, with capabilities designed to support reactor deployment and the broader ecosystem required to enable commercialization at scale.

One of the most significant barriers to scaling advanced nuclear technologies is not the reactor itself, but the infrastructure required to support it, particularly fuel transportation. The transport of nuclear materials, particularly spent fuel, HALEU fuel and advanced reactor components, is one of the most highly regulated and operationally complex segments of the nuclear fuel cycle, with emerging capacity constraints expected as next-generation reactor deployments accelerate.

With STS part of the organization, NANO Nuclear is competitively well positioned to:

Control and coordinate critical nuclear fuel transportation logistics.Support deployment planning for microreactors and related advanced nuclear systems.Reduce reliance on third-party nuclear logistics providers for core transportation and deployment functions.Navigate complex regulatory, security and route-approval requirements.Develop repeatable deployment models for defense, data center, industrial, remote and international customers.Support a broader ecosystem of nuclear fuel-cycle services expected to be required by NANO Nuclear and other nuclear industry participants. Founded in 2005, STS brings more than two decades of specialized nuclear transportation experience and a strong track record of executing complex nuclear materials projects safely, securely and efficiently. STS personnel have completed projects in more than 40 countries, providing NANO Nuclear with operational experience in navigating various regulatory requirements, physical challenges and political environments. STS currently holds approvals for more than 90% of the active U.S. NRC approved spent fuel routes in the United States.

STS brings a team of highly experienced professionals with backgrounds spanning nuclear engineering, logistics, regulatory affairs, and operations - capabilities that are difficult to procure and essential to transporting fuel and deploying reactors at scale.

In addition, the acquisition of STS provides NANO Nuclear with revenue generating operations. For the twelve months ended December 31, 2025, STS generated audited revenues of approximately $7.1 million and net income of approximately $1.3 million, reflecting strong underlying profitability and operational efficiency. Equally as important, NANO Nuclear sees substantial opportunity for growth at STS in the coming years as demand for nuclear fuel transportation and logistics accelerates. STS is expected to benefit from NANO Nuclear’s relationships and exposure to several aspects of the nuclear fuel cycle, as well as NANO Nuclear’s strong financial position through prudent deployment of strategic growth capital.

Figure 1 - NANO Nuclear Acquires Secured Transportation Services Joining a Select Group of Revenue-Generating Microreactor Developers

The acquisition of STS directly supports NANO Nuclear’s broader strategy of building a fully vertically integrated business, spanning:

Reactor design and development.Fuel sourcing and processing (LEU/HALEU ecosystem).Fuel transportation and logistics.Reactor deployment and installation.Long-term operational support.
By integrating STS into its operations, NANO Nuclear gains the ability to coordinate the movement of nuclear fuel and reactor systems from origin to deployment site, a capability that is expected to become increasingly valuable as demand for microreactors accelerates globally.

“This acquisition is about more than logistics, it’s about unlocking the full potential of advanced nuclear,” said Jay Yu, Chairman and President of NANO Nuclear. “With STS, we now control a vital link in the nuclear value chain that very few companies possess globally. This capability will allow us to move faster, deploy quicker, and deliver our technologies anywhere in the world. We are building infrastructure for the next generation of nuclear energy, and this is a major step forward.”

Figure 2 - NANO Nuclear Establishes a Fully Integrated Nuclear Fuel Logistics and Deployment Platform.

“This is a transformational acquisition for NANO Nuclear,” said James Walker, Chief Executive Officer of NANO Nuclear. “STS brings the kind of deep, specialized expertise that is essential to making advanced nuclear a reality at scale. Transportation is one of the most overlooked, but most critical, pieces of the nuclear value chain. By bringing STS into the NANO Nuclear ecosystem, we are removing a major bottleneck and positioning ourselves as one of the few companies capable of delivering a truly end-to-end nuclear solution. This acquisition doesn’t just strengthen our logistics capabilities, it accelerates everything: our fuel strategy, our deployment timelines, and our ability to serve customers across North America and internationally.”

As the global energy system shifts toward clean, reliable, and decentralized power, microreactors are expected to play a pivotal role. However, their success depends on the ability to safely and efficiently move fuel and systems where they are needed.

"For more than two decades, STS has built its reputation by executing complex nuclear transportation projects safely, securely and reliably,” said Roy Boyd, Founder & President of STS, who will continue in this role post-acquisition. “Joining NANO Nuclear gives STS the resources and platform to expand our capabilities while maintaining the safety-first culture, regulatory discipline and customer focus that have defined our company since its founding. We are benefitting from the industry’s growth and believe we are well-prepared to meet expected demand. We believe our logistics, training, consulting, security coordination, engineering and project execution experience will be highly complementary to NANO Nuclear's broader advanced nuclear strategy and advance the overall mission to meet growing demand for nuclear energy."

STS was acquired by NANO Nuclear’s existing transportation subsidiary, Advanced Fuel Transportation Inc., for total consideration valued at up to $13 million. The total purchase price is comprised of $6 million paid in cash at closing, subject to closing adjustments, and $7 million in restricted shares of NANO Nuclear’s common stock paid in several installments, a portion of which is subject to certain contractual contingencies. Additional information will be provided in a Form 8-K to be filed by NANO Nuclear with the U.S. Securities and Exchange Commission.

About NANO Nuclear Energy Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include its lead project, the patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement with the U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), ZEUS™, a solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are modular, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a HALEU fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micro nuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “explore,” “aim,” “plans”, “believes”, “potential”, “will”, “should”, “could”, “would,” “goal,” “aim,” or “may” or derivatives of these words and other words relating to the future. Specifically, forward-looking statements include those related to the anticipated benefits to NANO Nuclear of the acquisition of STS as well as NANO Nuclear’s development, construction, demonstration, regulatory licensing and commercial plans and strategies generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”), Canadian Nuclear Safety Commission (“CNSC”) or related state or non-U.S. nuclear licensing submissions, (ii) risks related to our vertical integration strategy (notably the integration of STS as contemplated herein) and the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, as well as the CNSC, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

NANO Nuclear Energy Inc.

Energy is the vital force powering the economy. And as artificial intelligence (AI) and data centers create new demands for electricity, the energy sector is expected to grow immensely in the coming decades. For investors looking for exposure to this growing industry, the following two growth stocks are easily worth a $100 investment.

1. Bloom Energy Bloom Energy (BE 9.54%) is hands down one of the most momentous energy stocks on the market today. The clean energy supplier has grown by over 200% since the start of the year -- and a whopping 1,450% since last year.

In a nutshell, Bloom makes big box-shaped energy servers that allow businesses to generate electricity on-site instead of buying all of it from the grid. These mini power plants ensure the lights stay on even when the main power grid goes out. That makes them perfect for clients who need reliable 24/7 power, like hospitals and data centers.

Image source: Bloom Energy.

Indeed, one of Bloom's first "proof of concept" moments was in the early stages of the COVID-19 pandemic, when it deployed energy servers to a field hospital in Sacramento. The 400-kilowatt (KW) "microgrid" was installed in less than a week and provided power to the makeshift medical facility, itself a response to California's overcrowded hospitals.

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Since 2025, Bloom's marquee client list has grown stronger due to high demand from AI data centers. Bloom inked its biggest deal with Brookfield Asset Management at the end of 2025, a $5 million agreement to deploy Bloom's servers for the asset manager's AI factories. It recently partnered with AI infrastructure leader Nebius in a $2.6 billion deal. The company also has partnerships with Equinix, Oracle, and CoreWeave.

Revenue growth has exploded, with Bloom reporting 130% year-over-year first-quarter revenue growth. It now expects to generate between $3.4 billion and $3.8 billion, a substantial climb from last year's $2 billion and the $1.5 billion it made in 2024. While shares trade near $300, most brokers offer fractional shares, so your $100 is enough to gain exposure to Bloom Energy. 

2. Nano Nuclear Energy Nano Nuclear Energy (NNE 7.62%) is a nuclear energy start-up that designs microreactors. Imagine a miniature nuclear power plant that can be delivered on a truck. That, in essence, is what Nano Nuclear Energy is trying to build.

The company sits at the intersection of two powerful trends in energy: the need for round-the-clock, reliable electricity, and the push for zero-carbon energy.

Nano's ambitious goals, however, go beyond building reactors and selling power. It also wants to secure greater control over uranium supply to its reactors through strategic partnerships with companies like LIS Technologies. This matters because one of the biggest bottlenecks for advanced nuclear is high-assay low-enriched uranium (HALEU), a specialized fuel that many advanced reactors need. By securing its own uranium fuel, Nano doesn't have to compete with other companies, like Oklo, for the same scarce fuel.

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The company has about $569 million in cash and equivalents and an annual cash burn rate between $30 million and $39 million, which gives it several years to operate without needing a fresh cash injection. Nano also recently announced its first major agreement with a potential customer: a memorandum of understanding (MOU) with Super Micro Computer to explore using Nano's microreactors to power Super Micro's AI servers.

Execution risks for Nano abound. It's still pre-revenue, it lacks the licensing to deploy its microreactors commercially, and its vertical integration model means Nano has to solve several hard problems at once. There's no guarantee that Nano will survive the capital intensity of building and deploying reactors. Yet if it can succeed, investing $100 in this nuclear energy stock could grow handsomely over the long run.

Steven Porrello has positions in Bloom Energy, Nano Nuclear Energy, Nebius Group, and Oklo. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, Equinix, and Oracle. The Motley Fool has a disclosure policy.

Recent Japan HALEU transfer, Venezuela HEU removal support, and U.S. domestic HALEU delivery underscore STS’s mission-proven capabilities and progress towards NANO Nuclear’s broader vision of building a vertically integrated advanced nuclear platform.

NEW YORK, N.Y., May 28, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced recent U.S. Department of Energy (“DOE”) and National Nuclear Security Administration (“NNSA”) aligned nuclear materials transport campaigns supported by its recently acquired subsidiary, Secured Transportation Services LLC (“STS”). STS is a specialized U.S. based, globally operating nuclear logistics, transportation and services company specializing in the safe, secure and compliant movement of radioactive and nuclear materials.

The completed missions include a record-setting international shipment of high-assay low-enriched uranium (HALEU) from Japan, support for the removal of highly enriched uranium (HEU) from Venezuela, and a second U.S. domestic HALEU delivery supporting advanced reactor fuel testing. Together, these campaigns demonstrate STS's position as a trusted and experienced nuclear logistics partner capable of supporting complex, highly regulated domestic and international missions for DOE, NNSA, and the broader advanced nuclear sector.

Historic Japan HALEU Transfer and Associated Spent Fuel Logistics

STS served as the DOE's prime logistics contractor for a major international campaign involving the transfer of approximately 1.7 metric tons of HALEU from Japan — announced by the NNSA as the largest single international uranium shipment in its history — along with the transport of six Type B spent nuclear fuel casks to the DOE's Savannah River Site in Aiken, South Carolina.

The campaign required coordinated international licensing, maritime transport, port operations, security planning, customs coordination, and final overland delivery to U.S. destination facilities. The HALEU is expected to support U.S. advanced reactor fuel needs through DOE's HALEU Availability Program.

Venezuela HEU Removal Support

STS also provided logistics planning and U.S. domestic transfer support for NNSA's accelerated removal of 13.5 kilograms of HEU from Venezuela's dormant RV-1 research reactor. The mission supported U.S. nonproliferation objectives and helped eliminate a long-standing proliferation risk in the Western Hemisphere. The material was also transported to the Savannah River Site, where it is expected to be processed and down blended for future use in America's advanced nuclear fuel supply chain.

Second Domestic HALEU Delivery

In addition to its international mission work, STS completed a separate U.S. domestic HALEU transport campaign supporting advanced reactor fuel testing programs. This delivery further demonstrates STS's ability to execute multiple high-priority nuclear logistics missions safely, securely, and efficiently.

Figure 1 - A shielded industrial/nuclear radioactive material transport cask, marked with Class 7 radioactive placards and UN 3328 labels.

STS Acquisition Adds Proven Nuclear Transportation and Logistics Capabilities, Enhances NANO’s Strategic Focus on Vertical Integration and Supports Future Reactor Deployments
 
NANO Nuclear's acquisition of STS adds proven nuclear transportation and logistics capabilities, including established experience in Type A and Type B radioactive materials transport, multi-modal campaign execution, regulatory compliance, international permitting, security coordination, and DOE and NNSA mission support.

With the addition of STS, NANO Nuclear believes it now has the in-house capabilities and infrastructure to support fuel-cycle logistics and future microreactor deployments both in the U.S. and around the world. As demand for HALEU, advanced reactor fuel qualification, spent fuel management and secure nuclear materials transport increases, NANO Nuclear expects STS’s mission-proven logistics capabilities to strengthen the Company’s broader platform across the nuclear fuel supply chain, fuel and spent fuel transportation, microreactor deployment planning and long-term nuclear services.

Figure 2 - Unloading a large cylindrical shielded cask for radioactive material transport or handling.

“STS’s execution of these recent DOE and NNSA-aligned missions demonstrates exactly why integrating STS into NANO Nuclear is so strategically significant. These campaigns showcase the advanced expertise, regulatory discipline, and operational capabilities that are now part of our microreactor and fuel supply chain platform,” said James Walker, Chief Executive Officer of NANO Nuclear Energy. “By bringing STS into the NANO Nuclear ecosystem, we have strengthened one of the most critical and capacity-constrained segments of the advanced nuclear supply chain: the safe, compliant movement of fuel and other nuclear materials. This capability not only supports our fuel-cycle strategy and microreactor deployment plans, but also positions us as one of the few companies developing the capability to deliver an integrated end-to-end advanced nuclear solution. The success of these missions reaffirms that STS is accelerating our ability to deploy next-generation nuclear systems globally.”

"STS has earned its reputation as a trusted and experienced partner for some of the nation's most important nuclear transportation missions, and we’ve completed many incredibly difficult nuclear shipments with a strong record of success and compliance,” said Roy Boyd, Founder & President of STS. “Our organization is pleased to participate in these important initiatives that support the mission of the DOE and NNSA. These programs are vital to the safety of the United States and to the path forward for advanced nuclear energy. STS has performed movements throughout the world in all types of variable regulatory spaces and mission constraints. With NANO Nuclear's support, we are well-positioned to expand that capability and help meet the logistics demands of the next generation of nuclear energy.”

“These latest STS-supported missions underscore the tremendous value of our acquisition and reinforce why the integration of a world-class nuclear logistics organization is a major step forward for NANO Nuclear. STS’s work on the largest ever single international uranium shipment in NNSA history, its support for the removal of HEU from Venezuela, and its domestic HALEU delivery highlight proven capabilities and expertise that very few organizations have globally,” said Jay Yu, Chairman and President of NANO Nuclear Energy. “With STS, we control a vital link in the nuclear value chain — one that is essential for scaling microreactor deployment, strengthening domestic fuel-cycle resilience, and enabling the advanced nuclear industry to grow. These accomplishments validate our strategy to build a fully vertically integrated nuclear energy company with the infrastructure, expertise, and execution ability needed to support national priorities and commercial customers alike. We are building the logistics backbone required for the next generation of nuclear energy, and these missions demonstrate the impact of that vision coming to life.”

About NANO Nuclear Energy Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include its lead project, the patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement with the U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), ZEUS™, a solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are modular, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a HALEU fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micro nuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “explore,” “aim,” “plans”, “believes”, “potential”, “will”, “should”, “could”, “would,” “goal,” “aim,” “develop,” “may” or derivatives of these words and other words relating to the future. Specifically, forward-looking statements include those related to the anticipated benefits to NANO Nuclear of the acquisition of STS as well as NANO Nuclear’s development, construction, demonstration, regulatory licensing and commercial plans and strategies generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”), Canadian Nuclear Safety Commission (“CNSC”) or related state or non-U.S. nuclear licensing submissions, (ii) risks related to our vertical integration strategy (notably the integration of STS as contemplated herein) and the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, as well as the CNSC, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

NANO Nuclear Energy Inc.

For years, governments and industry have discussed the energy trilemma, which is the need for secure, affordable, and low-carbon energy. Following the Paris Climate Accord in 2015, significant emphasis was placed on the low-carbon component as countries and corporations set net-zero emission targets.

Oklo (OKLO 4.36%) and Nano Nuclear Energy (NNE 7.62%) are early-stage nuclear companies pursuing a similar ambition: How to shrink the nuclear power plant from a sprawling concrete behemoth into something that can fit much closer to the customers who actually need the power.

In this regard, Oklo has its Aurora powerhouse design, while Nano has several designs with epic, mythopoeic names (Kronos, Zeus, and Loki). Some of Nano's reactors are designed to fit on a semi-truck; Oklo's early renderings make its powerhouse look as peaceful as a spa in a mountain cabin.

Image source: Oklo.

Both of these nuclear energy stocks are volatile, speculative, and risky. However, between the two, I think Oklo will be the better pick for most investors. Here's why.

Oklo has the bigger customer pipeline Ever since going public in May 2024, Oklo's name has never been far from the question, "How will artificial intelligence get enough electricity?" While it's not the only novel energy company muscling into the AI space -- Bloom Energy is also there -- its factory-styled modular design has captured the imaginations of tech CEOs whose clean power choices aren't currently wide-ranging.

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Sam Altman, CEO of OpenAI, was an early supporter of Oklo (he served as its first chairman until last April), but his support has been in the background lately. Oklo has now established partnerships with tech giants like Meta Platforms, data center developers like Switch and Equinix, and energy firms like Liberty Energy. Its potential customer pipeline exceeds 14 gigawatts (GW).

Nano has its partnerships too, including a memorandum of understanding to couple its microreactors with the AI infrastructure of Super Micro Computer. Certainly, more collaborative partners could join Supermicro, but Oklo's marquee list is currently longer and could generate more revenue long term.

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Future revenue estimates are also important to consider, since neither company is currently making meaningful sales. In this regard, Nano has gotten a small revenue foothold with its recent acquisition of Secured Transportation Services, which generated $7 million in annual revenue last year. Oklo has also made a meaningful acquisition -- Atomic Alchemy -- that could help it tap into a multibillion-dollar medical isotope market.

Data by YCharts

Both companies have strong liquidity. Oklo reported about $2.5 billion in cash and marketable securities on its most recent balance sheet, while Nano reported about $565 million. While both companies are burning cash and reporting losses, their balance sheets should support operations for several years to come.

Both companies have an enormous market opportunity ahead. But if small advanced reactors really do populate the future landscape of energy, Oklo's early support and fortified balance sheet make it better positioned for stronger growth over the long term.

Steven Porrello has positions in Bloom Energy, Nano Nuclear Energy, and Oklo. The Motley Fool has positions in and recommends Bloom Energy, Equinix, and Meta Platforms. The Motley Fool has a disclosure policy.

Issued on behalf of General Fusion Inc.

, /PRNewswire/ -- Equity-Insider.com News Commentary — Fusion has been "thirty years away" for half a century — but the calculus is changing fast. The International Energy Agency projects global electricity demand will grow roughly 40% to 50% by 2035, driven in part by artificial-intelligence data centers, electrification, and industrial growth[1]. That surge has pulled next-generation energy toward the public markets and opened the door to pre-revenue developers; General Fusion's own move is a roughly US$1 billion transaction that is expected to make it, by the company's account, the first publicly traded pure-play fusion company[2]. That collision of demand and capital is pulling General Fusion Inc., NuScale Power Corporation (NYSE: SMR), Oklo Inc. (NYSE: OKLO), Centrus Energy Corp. (NYSE: LEU), and NANO Nuclear Energy Inc. (NASDAQ: NNE) into the spotlight.

The transaction terms are concrete. The business combination implies a pro-forma equity value of approximately US$1 billion, inclusive of a committed and oversubscribed private placement (PIPE) of about US$107.7 million from institutional investors and roughly US$230 million of Spring Valley's trust capital, assuming no redemptions[2]. General Fusion has raised more than US$400 million to date from institutional investors, strategics, venture-capital firms, industry partners, and government grants, and intends to use the proceeds to advance its Lawson Machine 26 (LM26) demonstration program and steps toward a first commercial plant[2].

General Fusion announced on June 1, 2026 that its leadership team will participate in a series of major investor and industry conferences throughout June — a coming-out tour in advance of its anticipated listing on the Nasdaq. The Vancouver-based company, led by CEO Greg Twinney, is preparing to go public through a business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a transaction targeted to close in mid-2026, after which the combined company is expected to trade under the ticker "GFUZ."

Founded in 2002, General Fusion is one of the oldest privately funded fusion ventures in the world, backed by a global syndicate of energy venture-capital firms, industry leaders, and technology pioneers. Its approach, called Magnetized Target Fusion ("MTF"), mechanically compresses a magnetized plasma using a liquid-lithium liner — deliberately avoiding the enormous superconducting magnets of tokamaks and the high-powered lasers of inertial-confinement designs. The pitch is practicality: machines built from existing materials that could produce cost-effective energy, rather than experiments that never leave the national lab.

The June schedule is dense. General Fusion plans to participate in Stifel's Ninth Annual Boston Cross Sector 1x1 Conference on June 2–3 in Boston; to attend the 16th Annual ROTH London Conference in London from June 16–18; and — the marquee appearance — to put Chief Strategy Officer Megan Wilson on stage at FusionX:Americas in Boston, June 9–11. Wilson is slated for a fireside chat with George Gianarikas, Managing Director at Canaccord Genuity, on June 9 at 5:00 p.m. ET, in a discussion centered on the evolving role of public markets in advancing fusion energy.

"Fundamentally, our plan has been underpinned by our focus on practical commercial fusion power, and our philosophy that we need to methodically buy down risk by demonstrating real results. That has not changed," Chief Strategy Officer Megan Wilson said, adding "What this transaction gives us now is that we are in growth mode." [5] The substance behind that push is General Fusion's Lawson Machine 26 (LM26), which the company announced in early 2025 as the world's first MTF demonstration machine built at a commercially relevant scale — compressing plasma with a lithium liner at 50% of commercial-scale diameter, built in under two years. LM26's milestones read like a roadmap: heat plasma to 1 keV (10 million degrees Celsius), then to 10 keV (100 million degrees Celsius), and ultimately to reach the Lawson criterion, the threshold conditions for net fusion energy in the plasma.

Crucially, General Fusion's path to market runs through a SPAC sponsor with a specific track record in this lane. Spring Valley has raised roughly $920 million across four IPOs, and its earlier vehicles took NuScale Power Corporation and Eagle Nuclear Energy Corp. public — the same sponsor network now backing a fusion debut and the team that brought Renewable Energy Group public at $10 and sold to Chevron for $61.50 in a ~$3 billion sale. The company has not built a commercial reactor that produces net energy, and it has publicly targeted a first-of-a-kind plant for the mid-2030s; the conference circuit marks its transition from a private research company to a public one.

CONTINUED… Read this and more on General Fusion at: GeneralFusion.com

Other industry developments and happenings in the market include:

NuScale Power Corporation (NYSE: SMR) reported first-quarter 2026 results highlighted by $1.0 billion in liquidity and continued momentum on the largest nuclear deployment program in U.S. history — up to 6 gigawatts of NuScale small modular reactor capacity being planned by its strategic partner ENTRA1 Energy with the Tennessee Valley Authority. Shareholders of Romania's Nuclearelectrica also approved advancing the next phase of the RoPower project, a six-module plant at a former coal site in Doiceşti.

"We ended the first quarter with $1 billion in liquidity, expanded our supply chain partnership with Framatome and saw continued progress on the TVA program," said John Hopkins, President and CEO of NuScale Power. "We are building the infrastructure that this pivotal moment requires." As the only small modular reactor developer with a U.S. Nuclear Regulatory Commission-approved design, NuScale carries a first-mover regulatory advantage — and, like General Fusion, has partnered with Spring Valley to reach the public markets.

Oklo Inc. (NYSE: OKLO), the fast-fission developer co-founded and led by Jacob DeWitte, continued de-risking its Aurora powerhouse after the NRC approved the project's Principal Design Criteria, with commercial deployment at Idaho National Laboratory targeted for late 2027. The company was also among five selected by the U.S. for advanced talks on using surplus government plutonium as reactor fuel.

DeWitte described that material as a potential "bridge fuel" that could help "bring more reactors online sooner." With CEO Jacob DeWitte appointed to the President's Council of Advisors on Science and Technology, Oklo has become a bellwether for how much investors will pay for a compelling pre-commercial energy story — the high-momentum end of the advanced-nuclear trade that General Fusion is now planning to enter.

Centrus Energy Corp. (NYSE: LEU) reported first-quarter 2026 net income of $10.0 million and raised its full-year revenue guidance, underpinned by a commercial low-enriched-uranium backlog it has pegged at roughly $2.3 billion, a federally backed $900 million high-assay low-enriched uranium (HALEU) enrichment award, and a multi-billion-dollar enrichment-plant expansion in Piketon, Ohio.

"The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale," said Amir Vexler, President and CEO of Centrus. Unlike the pre-revenue developers, Centrus already generates real cash flow — a reminder that parts of the nuclear-renaissance trade are further along the commercialization curve than others.

NANO Nuclear Energy Inc. (NASDAQ: NNE) reported second-quarter fiscal 2026 results alongside the formal submission of a Construction Permit Application to the U.S. NRC for its first full-scale KRONOS MMR microreactor prototype at the University of Illinois, supported by a working-capital position of roughly $566 million.

"The formal submission of the Construction Permit Application to the U.S. NRC for our first full-scale KRONOS MMR system prototype… marked a major milestone as the program advances from engineering into construction readiness," said James Walker, CEO of NANO Nuclear. Like General Fusion, NANO is a pre-commercial company whose value rests on technology that has yet to reach the market — the closest peer in risk profile, if not in physics.

FURTHER READING: General Fusion — Investor Center

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CONTACT:

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DISCLAIMER:

This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions.

This article is distributed by Equity Insider on behalf of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for General Fusion Inc. ("General Fusion") advertising and digital media distribution by Creative Direct Marketing Group ("CDMG"). MIQ does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III ("SVAC") but reserves the right to buy and sell shares of the company at any time. Eagle Eye is a free investor-signal research tool owned and operated by MIQ; references to it in this article are promotion of an MIQ product, not independent endorsement, and Eagle Eye does not provide investment advice.

Certain statements in this article constitute "forward-looking information," including statements regarding the proposed business combination with Spring Valley Acquisition Corp. III and its timing, approvals, and financing; the future Nasdaq listing of the combined company; the General Fusion MTF technology and the LM26 program and its milestones; commercialization timelines; the conferences described; and the markets for fusion and advanced-nuclear energy. Such statements are subject to risks and uncertainties — including the risk the business combination may not close on the expected timeline or at all, failure to satisfy closing conditions or obtain approvals, financing and dilution risk, the early-stage and unproven nature of the technology, the risk that net fusion energy is not achieved, regulatory risk, competition, and other factors — that could cause actual results to differ materially. Readers are advised not to place undue reliance on forward-looking information. Comparable companies referenced herein are independent, publicly traded third parties included for industry context; certain of them were identified as peers in General Fusion's own public deal materials. Their inclusion is not a recommendation, and MIQ has no business relationship with them.

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, SVAC's, General Fusion's, or their respective management teams' expectations concerning General Fusion's plan to go public through a business combination with SVAC (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of General Fusion's LM26 program; the ability to execute General Fusion's strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, 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 SVAC's securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the adoption of the business combination agreement, dated January 21, 2026, among General Fusion, SVAC, and the other party thereto (the "Business Combination Agreement") by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion's business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (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, national security tensions, and macro-economic and social environments affecting its business; (xii) laws and regulations governing General Fusion's research and development activities, and changes in such laws and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General Fusion's ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion 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 SVAC's final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the "Final Prospectus"); the risks described in the joint registration statement on Form F-4 filed by General Fusion and SVAC, as amended (the "Registration Statement"), which includes a preliminary proxy statement/prospectus, or to be described in any amendment or supplement thereto; and those discussed and identified in filings made with the SEC by SVAC from time to time. General Fusion and SVAC 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 General Fusion nor SVAC 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 General Fusion or SVAC 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 SVAC's public filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.

Important Information for Investors and Shareholders

In connection with the Proposed Business Combination, General Fusion and SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (the "Proxy Statement"). After the SEC declares the Registration Statement effective, SVAC plans to file the definitive Proxy Statement with the SEC and to mail copies to SVAC's shareholders as of a record date to be established for voting on the Proposed Business Combination. This document does not contain all 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 SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion 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 General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are 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 SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, 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

General Fusion, SVAC 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 SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Final Prospectus 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 SVAC's shareholders generally, will be included in the Registration Statement and the Proxy Statement, when they become available. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully, when they become available, 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 Securities Exchange Act of 1934, as amended. 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 of 1933, as amended, or an exemption therefrom.

SOURCES:
https://www.iea.org/reports/world-energy-outlook-2025
https://generalfusion.com/post/general-fusion-business-combination-announcement/
https://generalfusion.com/post/general-fusion-to-participate-in-june-investor-and-industry-conferences/
https://www.sec.gov/Archives/edgar/data/2074850/000110465926024738/tm268233d1_425.htm

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Around two and a half years ago, at COP28, 20 countries committed to tripling their nuclear energy capacity by the year 2050. In recent years, the U.S. has been taking steps to fast-track licensing and accelerate the deployment of advanced nuclear technologies, such as microreactors and small modular reactors (SMRs). Hyperscalers are intrigued by the technology, which could address the growing energy demands of modern data centers.

One company developing microreactor technology is Nano Nuclear Energy (NNE 7.62%). It recently became the first commercial developer to secure formal acceptance from the Nuclear Regulatory Commission (NRC) for a microreactor construction permit.

With nuclear energy on the rise, Nano Nuclear could be a massive winner for long-term growth investors. But there's one big thing you should be aware of before buying the stock right now.

Image source: Getty Images.

The future of nuclear energy is coming Nano Nuclear Energy develops advanced, solid-core, factory-fabricated microreactors that are highly portable, enabling them to deliver reliable, carbon-free energy to remote locations, military bases, industrial facilities, and data centers. Its KRONOS microreactor design serves as stationary power for high-capacity industrial applications, while its ZEUS microreactor is a highly portable, fully sealed system for remote operations.

What makes Nano's microreactors appealing is that they use tri-structural isotropic (TRISO) fuel and helium coolant, meaning the reactors require no water for cooling and can shut down safely without human intervention or external power.

According to projections from the International Atomic Energy Agency (IAEA), global nuclear energy capacity could more than double by 2050, with SMRs playing a key role in the expansion. Microreactors, a subset of SMRs, could play a key role in helping hyperscalers meet their growing power needs by providing independent baseload power directly on-site.

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Investors must be realistic about Nano Nuclear's timeline Nano Nuclear recently secured the U.S. Nuclear Regulatory Commission's (NRC) formal acceptance of its construction permit application for its project at the University of Illinois. That said, it will be a while before one of Nano Nuclear's microreactors becomes operational. That's because the NRC still has to do a detailed evaluation of the KRONOS reactor's safety, engineering, and environmental footprint. Nano Nuclear expects this review to be done by 2027.

Once the NRC's review is complete and approved, Nano Nuclear expects to break ground on its full-scale KRONOS prototype in late 2027. From there, it will take a couple of years to build the prototype, which isn't expected to come online until 2030 at the soonest.

Nano Nuclear's promising technology could usher in a new era of energy generation, making nuclear energy portable, scalable, and accessible for off-grid use. That said, the review and approval process can be long and drawn-out, and any delays could push back what is already a multi-year timeline. If you buy today, you'll need to be patient as the process plays out. As for myself, I'll take a wait-and-see approach before buying the upstart nuclear energy stock.

Clean energy stocks caught a bid Monday as company-specific catalysts collided with a broader sector tailwind less than four weeks before a critical legislative deadline expires.

SUNE stock is soaring. See the chart and price action here.  Clean Energy MoversFuelCell Energy (NASDAQ:FCEL) shares initially climbed, before reversing lower after a mixed fiscal second quarter print before Monday's opening bell. 

Revenue of $35.6 million missed estimates and fell 5% year over year, while the GAAP net loss more than doubled to $77.6 million. Buyers were initially engaged by the company's plans to expand its Torrington, Connecticut, facility to 500 MW of annualized production capacity over the next 24 months. 

The move comes with a caveat: insiders have been aggressive sellers, with the company’s chairman offloading 700,000 shares at roughly $26.68 last week.

The Bigger PictureBeyond the individual movers, the broader clean energy tape remains on a strong run. 

Plug Power Inc. (NASDAQ:PLUG) has gained more than 280% over the trailing year off an 86 cent, 52-week low, fueled by a short-squeeze thesis and improving gross margins. 

What's Driving The Move? Two forces are driving the clean energy sector. 

The first is a July 4, 2026, deadline baked into last year’s One Big Beautiful Bill Act: developers must break ground — or incur at least 5% of project costs — before that date to retain the full 30% clean electricity investment tax credit and a four-year completion window. 

Miss the July deadline, and projects must be fully operational by Dec. 31, 2027 — a timeline most large-scale wind and solar farms cannot meet. 

That has pulled a wave of equipment orders and construction starts into the first half of this year. 

The second driver has no expiration date. The AI buildout has reframed clean energy as critical infrastructure, with the Department of Energy projecting data centers could consume 12% of U.S. electricity by 2028. 

After July 4, the legislative tailwind fades. The AI demand does not.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company specializing in satellite technology, space transportation, and orbital services, announced today that the Company has completed its relocation to a new facility at 1762 Automation Parkway in San Jose, California, marking a significant milestone in the company’s growth and operational expansion.

The newly occupied 61,100‑square‑foot R&D and manufacturing building features extensive lab space, clean‑room capabilities, a machine shop, a robust electrical infrastructure, and a dedicated mission operations center that enables Momentus to monitor and control spacecraft in orbit. Importantly, the new Momentus facility nearly quadruples the size of the clean room R&D and manufacturing facility from 4,500 square feet to 16,000 square feet. Momentus was also able to lower its monthly operating costs by transitioning from its legacy leased facility. These facility upgrades will enable Momentus to scale production, accelerate development cycles, and enhance support for commercial customers and key national security programs, including Golden Dome and MDA SHIELD.

“Moving into this industrial facility strengthens our ability to deliver reliable, high‑performance space systems at the pace customers desire,” said John Rood, Chief Executive Officer of Momentus. “This is a direct investment in our future growth and positions Momentus to meet rising demand across the national security and commercial space sectors.”

Momentus’ new Automation Parkway headquarters in the heart of Silicon Valley also positions Momentus near key suppliers, partners, and talent pools.

Parties interested in satellites, satellite components, and ride-share hosted payloads and transportation services on future Momentus missions may contact [email protected].

About Momentus

Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. Through its Vigoride orbital service vehicle, the company delivers hosted payload support, last-mile delivery, and servicing capabilities tailored to scalable mission architectures.

Forward-Looking Statements

This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected filing of the Company’s Form 10-K and Form 10-Q and its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

More News From Momentus Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in‑orbit services, today announced the successful deployment and early commissioning of its Vigoride 7 Orbital Service Vehicle following launch aboard SpaceX's Transporter‑16 mission. Vigoride 7 represents a significant operational milestone for the Company as it begins a series of in space operations desig.

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Momentus Marks Technical Achievements as Vigoride-7 Prepares for Payload Operations

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today shared a series of significant achievements in the ongoing Vigoride-7 mission, marking one of the most successful early-phase operations in the company’s history.

Following separation from SpaceX’s Transporter-16 mission at approximately 520 km altitude, the Vigoride-7 Orbital Service Vehicle powered on autonomously, deployed its solar arrays, and executed initial configuration as designed.

Within hours, Momentus established two-way communication between Vigoride-7 and our San Jose based Mission Operations Center. Early communication verified the spacecraft and its hosted payloads are healthy. Comprehensive bus system checks validated that primary and redundant subsystems for power, command & data handling, and attitude control were fully operational.

Our major milestones to date include:

Pressurization of the main water-based propulsion tank to mission-required levels Activation of the Reaction Control Subsystem (RCS) accumulators, responsible for pressure regulation of 8 redundant RCS thrusters, providing fine attitude control Attitude Control System (ACS) successfully dampened out our spacecraft’s rotation rates as we prepare to perform an initial orbit adjustment prior to commencing payload operations. Achieving these milestones paves the way for the next phase of the mission: a planned orbit-lowering maneuver that will position Vigoride-7 for upcoming payload operations.

Momentus CEO, John Rood said “This mission is action-packed, technically demanding, and deeply rewarding.”

Momentus will continue to release progress reports as the mission unfolds over the coming weeks.

About Momentus

Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. Through its Vigoride orbital service vehicle, the company delivers hosted payload support, last-mile delivery, and servicing capabilities tailored to scalable mission architectures.

Forward-Looking Statements

This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected filing of the Company’s Form 10-K and Form 10-Q and its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on March 31, 2026, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

More News From Momentus Inc.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”) a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced that it has entered into a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 1,333,334 shares of its common stock (or common stock equivalents in lieu thereof) at a purchase price of $3.75 per share in a pri.

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced the closing of its previously announced private placement priced at-the-market with a single institutional investor for the purchase and sale of 1,333,334 shares of its common stock (or common stock equivalents in lieu thereof) at a purchase price of $3.75 per.

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Building Technical Momentum and Increasing Customer Confidence

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in‑orbit services, today announced they completed the Preliminary Design Review for the Vigoride 8 mission, a fully booked flight carrying the Spaceworks COSMIC payload and the NASA‑commissioned Juno Rotating Detonation Rocket Engine (RDRE) payload. A Preliminary Design Review verifies that a mission or system’s proposed design meets all requirements and is technically sound enough to advance into detailed development. Completing this significant milestone keeps the mission on schedule for an early 2027 launch. This design work is being conducted by Momentus under two contracts it has signed with NASA.

“The successful completion of the Preliminary Design Review reflects the strength of our engineering team and the close collaboration with our customers,” said Tom Malko, Senior Vice President of Engineering and Operations at Momentus. “Vigoride 8 is a complex, fully booked mission, and this milestone confirms that our design is sound and ready to advance into detailed development. We’re proud of the progress and excited to keep driving toward launch.”

The completion of the Preliminary Design Review provides further indication of the Company’s operational progress and commercial traction that matter to our long‑term trajectory.

A fully manifested mission demonstrates early customer commitment and demand for Momentus’ in‑space transportation services. A successful Preliminary Design Review confirms that the program is ready to enter detailed design, a key step toward maintaining schedule discipline. A clear path to Critical Design Review in late May 2026 provides visibility into the program’s next major milestone and supports confidence in the mission timeline. Investment in expanded infrastructure, including the new facility used for the review, positions the company to support higher mission throughput and future growth. About Momentus

Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. Through its Vigoride orbital service vehicle, the company delivers hosted payload support, last-mile delivery, and servicing capabilities tailored to scalable mission architectures.

Forward-Looking Statements

This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected filing of the Company’s Form 10-K and Form 10-Q and its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on March 31, 2026, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

More News From Momentus Inc.

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Wall Street is buzzing over reports of SpaceX’s supposedly imminent initial public offering. Market mavens point to a June, 2026 IPO, with the stock trading under the symbol SPCX on Nasdaq.

The SpaceX c-suite, led by founder Elon Musk, has expectations for the stock and space technology markets, which Musk has implied are a whopping $28.5 trillion. Depending on which analyst or report you believe, Musk’s rocket and satellite powerhouse could debut at a valuation between $1.5 trillion and $2 trillion, potentially making it the largest IPO in Wall Street history.

Yet here’s the thing. Anxious investors don’t have to wait for a SpaceX IPO in June; not when multiple sector stocks are offering a big bite of the space market, which includes, among other sectors, rocket launch systems, mission-critical space technology, defense systems, and satellite telecommunications.

Here are three space stocks ready to take off.

One smart way to get in on the ground floor of the space industry is to eyeball some smaller, under-the-radar sector stocks that are taking flight. 

Santa Jose, Cal.-based in-space infrastructure services company Momentus (NASDAQ:MNTS), which specializes in space transportation and in-orbit servicing, is up a whopping 55% year-to-date and up 34% in the last month alone.

MNTS is also well-positioned in the lucrative U.S. defense and space realm, and is a main player in the Missile Defense Agency’s SHIELD contract vehicle tied to the Golden Dome missile defense initiative. 

Trading at a low of $7.5 as of May 21, Momentus makes a good case for future, long-term growth in a dynamic space services industry. The second half of 2026 could be its time to really shine.

RedwireAs the SpaceX IPO saga plays out, it’s increasingly clear that while rocket launches attract the headlines, the long-term space economy may ultimately be built around infrastructure (think satellites, communications systems, manufacturing platforms, and orbital technologies)

The space stock “missed” earnings forecasts, reporting a $0.40-per-share loss on $96.7 million in sales (both below expectations). On the other hand, Redwire did grow its sales nearly 58% year over year, increase its gross profit margin to 26.6%, and collect significant new orders in the quarter, with new contracts rolling in at twice the pace seen in 2025.

Wall Street analysts are showing greater interest in the stock, with H.C. Wainwright setting a $22 price target, implying a 44% upside.

Planet LabsYou can’t blame investors for viewing space investing primarily through a rocket lens, but like space itself, there’s a lot more area to cover.

Take the data generated from space, which is exactly the investment thesis behind Planet Labs (NYSE:PL).

The stock is booming, up 115% year-to-date, 77.4% over the past three months, and 1,054% over the past year.

Can PL sustain that pace?

Not entirely, as gravity and skittish sentiment on the stock is to be expected, but Planet Labs seems like it’s here for the long haul.

“Planet Labs is poised for long-term growth as it reduces warrant overhang, accelerates revenue, and increases investment in satellite infrastructure,” Benzinga analysis noted. “Its partnerships with Anthropic and Google position it at the forefront of the emerging AI market, which is a key driver for commercial value creation.”

Additionally, geopolitical tensions and the need for earth observation data in the defense sector “are driving strong demand for Planet Labs’ products, leading to a beat and raise quarter and a positive outlook for future revenue growth.”

Caution is advised, however, as pedigreed analysts like Citi and Goldman Sachs see PL’s share price declining in the short term, which bears watching. Yet each has a Hold (Goldman) and a Buy (Citi) on the stock right now.

It’s the long-term that makes PL a solid portfolio addition. After all, there’s little doubt global governments worldwide are beefing up defense-related space spending. That’s especially the case as satellite broadband systems are in high demand (about 60% of PL’s 2025 revenue came from the defense sector) and as AI systems are creating new demand for Earth observation and orbital data networks.

With space-driven data a big priority, Planet Labs is worth some tire-kicking for 2026 and well beyond.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”) a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced that it has entered into securities purchase agreements with existing institutional investors for the purchase and sale of 2,942,000 shares of its common stock (or common stock equivalents in lieu thereof) in a private placement priced at-the-market under Nasdaq rules. The gross proceeds from the offering are expected to be approximately $25 million, before deducting placement agent fees and other estimated offering expenses.

The closing of the offering is expected to occur on or about May 28, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes. Existing capital and net proceeds from this offering, positions the Company with approximately $76 million in cash, cash equivalents, and short-term investments.

“We are pleased that our existing investors continue to support the company and our mission. We intend to use the proceeds for research and development, investment in strategic business initiatives and general corporate purposes,” said John C. Rood, Chairman and Chief Executive Officer of Momentus.

A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.

The offer and sale of the foregoing securities is being made in reliance on an exemption from the registration requirement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and/or Regulation D promulgated thereunder, and applicable state securities laws, and the securities have not been and will not initially be registered under the Securities Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to the terms of the securities purchase agreement entered into with the investors, the Company has agreed to file a registration statement with the U.S. Securities and Exchange Commission (the "SEC") covering the resale of the shares of common stock and shares of common stock underlying pre-funded warrants sold in the offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Momentus

Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. The Company offers satellites to support government and commercial customers for missions like communications, missile tracking, and cutting-edge science missions. Momentus offers services such as hosted payloads, support for in-space assembly, on-orbit servicing and refueling, and transportation of satellites to specific orbits.

Forward-Looking Statements

This press release contains certain statements that may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected closing of the offering, the intended use of proceeds and fulfillment of customary closing conditions. These statements reflect Momentus’ or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on March 31, 2026, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

More News From Momentus Inc.

The micro-cap space stock is drawing fresh attention as investors hunt for companies with exposure to the Trump administration's Golden Dome missile-defense push and the upcoming SpaceX IPO lights up the sector. 

MNTS stock is moving. See the chart and price action here.   Government ContractsMomentus recently highlighted active contracts with DARPA, the Air Force Research Laboratory's SpaceWERX organization, the U.S. Space Force's Space Development Agency, NASA and the Missile Defense Agency. 

The company also said it has the right to compete for contracts under a $151 billion, 10-year national defense contract vehicle tied to Golden Dome.

Golden Dome is designed as a layered "system of systems" using space-based sensors, space-based interceptors and existing ground, sea and air defenses to counter missile threats. 

Space Systems Command has already awarded 20 Other Transaction Authority agreements to 12 companies for the Space-Based Interceptor program, with a potential combined value of up to $3.2 billion and a goal of demonstrating initial capability by 2028.

The defense-space catalyst comes as Momentus attempts to reset its financial profile. 

CEO John Rood said in a shareholder letter that the company expects $10 million in 2026 revenue, a ninefold increase from $1.1 million in 2025, driven by milestone-based contracts with NASA and the U.S. Department of Defense.

Momentus also launched its Vigoride 7 spacecraft on SpaceX's Transporter-16 mission on March 30, while its Vigoride 8 mission planned for 2027 is fully subscribed with NASA-awarded contracts.

The company's pitch now goes beyond satellite transportation. 

Momentus is positioning itself as a potential beneficiary of rising government demand for orbital infrastructure, space logistics and missile-defense support as national security spending moves deeper into low-Earth orbit.

Bulls Vs. Bears For bulls, the Golden Dome connection gives Momentus a bigger defense narrative at a time when speculative space stocks are back in favor. 

For bears, the question is whether contract eligibility and mission momentum can turn into sustained revenue fast enough to offset cash burn, dilution risk and the volatility common in low-float space stocks.

Price ActivityMomentus stock was up 21.47% at $18.80 at the time of publication on Wednesday, according to Benzinga Pro.

Over the past month, MNTS has gained about 232.8%, versus a 5.1% rise in the S&P 500, and is up roughly 272% year-to-date, compared to the index’s 9.4% gain.

Photo: Triff / Shutterstock

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SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced two major developments:Execution of key capital raising activities that strengthens the Company's financial position; andSuccessful transition of its Vigoride 7 Orbital Service Vehicle (OSV), launched on the SpaceX Transporter-16 mission, into hosted payload mission operat.

Reduction related to periodic fund level rebalancing and payment of fund expenses

, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today clarifies the background to the reduction in Kairos Ventures' holdings of Sivers Semiconductors shares as disclosed through the notification to the insider register on March 25, 2026. The reduction is related to periodic fund level rebalancing and payment of fund expenses at Kairos.

"Both Kairos and I personally have a stronger conviction than ever in the long-term potential of Sivers Semiconductors, and I continue to maintain my sizeable personal shareholdings in Sivers intact," said Todd Thomson, COO of Kairos Ventures and board member of Sivers Semiconductors.

About Sivers Semiconductors 

Sivers Semiconductors is a critical enabler of a greener data economy with energy efficient photonics & wireless solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)

Company Contact:
Heine Thorsgaard
CFO
[email protected]

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SOURCE Sivers Semiconductors

, /PRNewswire/ -- Sivers Semiconductors AB (publ) (STO: SIVE) ("Sivers" or the "Company") today publishes its Annual Report for 2025 and corrects for changes in the results as reported in the year-end report published on February 26, 2026. The Annual Report is available on the Company's website, www.sivers-semiconductors.com.

As previously communicated, the Company has upgraded its consolidated financial statements for 2024 and 2025 to align better with the US Public Company Accounting Oversight Board (PCAOB) standards in connection with the evaluation of a potential dual listing on Nasdaq New York. As part of this process, certain financial figures have been adjusted, including the reallocation of revenues between reporting periods and to 2026 and later, revised inventory valuations, updated fair value assumptions for share-based compensation, and impairment of previously capitalized development expenditures. These corrections are described in detail in Note 32 to the consolidated financial statements in the Annual Report.

Compared to the previously communicated results in the year-end report for 2025, the corrections result in the following changes to the Group's consolidated key figures for the full year 2025: net sales of SEK 306.6 million (previously SEK 304.1 million); operating result (EBIT) of SEK -177.8 million (previously SEK -141.3 million); and net result for the year of SEK -222.6 million (previously SEK -186.5 million). Earnings per share before and after dilution amounted to SEK -0.81 (previously SEK -0.69). Equity amounted to SEK 949.8 million (previously SEK 1,076.8 million) and equity per share to SEK 3.05 (previously SEK 3.46).

The comparative figures for 2024 have also been restated as a result of the error corrections. The restated 2024 figures include net sales of SEK 219.2 million (previously SEK 243.7 million) and net result for the year of SEK -183.9 million (previously SEK -116.3 million). Further details regarding the nature and impact of each correction are provided in Note 32 to the consolidated financial statements.

The Group has also changed the presentation of its consolidated income statement from a classification by nature of expense to a classification by function, as further described in Note 31 to the consolidated financial statements.

The Company further announces that the publication of the Interim Report for the first quarter of 2026 is postponed from May 20, 2026 to May 29, 2026. The financial calendar on the Company's website, www.sivers-semiconductors.com, will be updated accordingly. The postponement is attributable to the ongoing audit uplift undertaken in connection with the evaluation of a potential dual listing on Nasdaq New York.

This disclosure contains information that Sivers Semiconductors AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication through the CFO on May 13, 2026 at 19:30 CET.

For more information, please contact:
Heine Thorsgaard
CFO, Sivers Semiconductors
Email: [email protected]

About Sivers Semiconductors
Sivers Semiconductors is a critical enabler of a greener data economy with energy efficient photonics & wireless solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)

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SOURCE Sivers Semiconductors

Sivers Semiconductors AB (publ), Publishes Interim Report Q1, January - March 2026 PR Newswire

KISTA, Sweden, May 29, 2026

Record Opportunity Pipeline Growth, and Multiple Product Ramps into 2027 remain on Track for Growth Acceleration. Q1 2026 financials impacted by U.S. Government shutdown and associated defense budget approval delays as well as exchange rate

, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies today announced financial results for Q1 2026, including a Year-to-Date growth of 77% in its opportunity pipeline to $799M, compared to end of 2025. Q1 revenues were impacted by U.S. Government shutdown in Q4 2025 and associated defense budget approval delays as well as an unfavorable exchange rate environment. Sivers expenses grew to increase sales resources for its growing pipeline as well as preparations for the potential U.S. dual listing. The recent capital raise in May 2026 added high quality institutional investors and provides solid runway for the Company to execute on its plans.

First quarter January – March 2026

Net sales amounted to SEK 61.9 m (78.9), equivalent to a decrease of 22% YoY.Adjusted EBITDA totaled SEK -13.8 m (-6.0), equivalent to a decrease by SEK 7.8 mProfit/loss before depreciation and amortization (EBITDA) amounted to SEK -24.7 m (-8.6)Operating profit/loss (EBIT) was SEK -41.5 m (-28.3)Profit/loss after tax amounted to SEK -42.7 m (-49.9)Cash flow from operating activities was SEK -49.2 m (-15.8)Earnings per share before and after dilution were SEK -0.14 (-0.19)Equity per share amounted to SEK 2.99 (3.99)Financial highlights after the end of the period:

Resolved on a directed share issue amounting to approximately 125 MSEKStrategic and Operational Highlights in the quarter:

Awarded strategic development contract by leading U.S. defense contractorAnnounced new broad market SATCOM beamforming ICs and antenna panelsRefinanced group debt facilities with Bootstrap EuropeShowcased cutting-edge SATCOM and Fixed Wireless Access innovations at MWC BarcelonaDemoed latest photonics and DFB laser array solutions at OFC 2026Announced production ramp Q4 2026, with Automotive LiDAR customerAnnounced strategic partnership with O-Net and Enablence TechnologiesAttended and demoed latest SATCOM solutions to SATShow 2026Announced General availability of Daybreak™ 5G/6G ICs for FR3 applicationsStrategic and Operational Highlights after the end of the period:

Announced collaboration with Jabil on 1.6T Pluggable Transceiver ModuleIndicated Board consideration for potential U.S. dual listingTachyon Networks expanded FWA Portfolio with 1.5 MUSD new development partnership with SiversMicroelectronic Commons strengthened commitment to Sivers with year 2 funding of the EW Star project under the U.S. Chips Act funding programWelcomed the nomination of new Sivers Board members Joakim Nideborn and Helena Svancar"While the U.S. Government shutdown in Q4 2025 and associated defense budget approval delays pushed some expected revenues from Q1(and Q2) into the second half of 2026, we remain on track to our full-year revenue growth plan," said Vickram Vathulya, CEO of Sivers Semiconductors. "Tremendous momentum in our focus markets for photonics and wireless along with a significant increase in our opportunity pipeline create the potential for higher revenue CAGR in future years. With multiple ramps on track for 2027, we are poised to shift to higher levels of product shipments 2027 onwards and deliver long-term value for our shareholders and customers."

An online presentation of the Interim Report will be held at 8:00 AM (CEST) on May 29, 2026.
Register for the webinar at: https://sivers-semiconductors.events.inderes.com/q1-report-2026

This disclosure contains information that Sivers Semiconductors is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the contact person set out on May 29, 2026 07:00 CEST.

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SOURCE Sivers Semiconductors

Posted by Defense World Staff on Apr 5th, 2026

Credo Technology Group (NASDAQ:CRDO – Get Free Report) and ams-OSRAM (OTCMKTS:AMSSY – Get Free Report) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Profitability This table compares Credo Technology Group and ams-OSRAM’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Credo Technology Group 31.81% 29.63% 26.20% ams-OSRAM -3.76% 6.11% 0.96% Institutional and Insider Ownership 80.5% of Credo Technology Group shares are held by institutional investors. 11.8% of Credo Technology Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation & Earnings This table compares Credo Technology Group and ams-OSRAM”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Credo Technology Group $436.77 million 42.84 $52.18 million $1.80 56.36 ams-OSRAM $3.76 billion 0.26 -$147.08 million ($0.71) -6.85 Credo Technology Group has higher earnings, but lower revenue than ams-OSRAM. ams-OSRAM is trading at a lower price-to-earnings ratio than Credo Technology Group, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings This is a summary of current ratings and recommmendations for Credo Technology Group and ams-OSRAM, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Credo Technology Group 0 2 13 2 3.00 ams-OSRAM 1 3 0 0 1.75 Credo Technology Group presently has a consensus target price of $206.33, suggesting a potential upside of 103.38%. Given Credo Technology Group’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Credo Technology Group is more favorable than ams-OSRAM.

Volatility & Risk Credo Technology Group has a beta of 2.72, meaning that its share price is 172% more volatile than the S&P 500. Comparatively, ams-OSRAM has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500.

Summary Credo Technology Group beats ams-OSRAM on 14 of the 15 factors compared between the two stocks.

About Credo Technology Group (Get Free Report)

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.

About ams-OSRAM (Get Free Report)

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets. The Lamps & Systems segment provides lamps and lighting systems for the automotive, industrial, and medical end markets. The company was formerly known as ams AG and changed its name to ams-OSRAM AG in January 2022. ams-OSRAM AG is headquartered in Premstätten, Austria.

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ams-OSRAM AG Unsponsored ADR (AMSSY - Free Report) shares rallied 25.5% in the last trading session to close at $6.1. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.6% loss over the past four weeks.

ams-OSRAM AG is benefiting from its leadership position in the global LED market, strong design win traction with more than €5 billion in new lifetime value added to its pipeline, improved profitability through the Reestablish-the-Base program, and strategic divestments generating €670 million in cash proceeds.

This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of +30.8%. Revenues are expected to be $931.76 million, up 8% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For ams-OSRAM AG Unsponsored ADR, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AMSSY going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

ams-OSRAM AG Unsponsored ADR is part of the Zacks Electronics - Semiconductors industry. Sono-Tek Corporation (SOTK - Free Report) , another stock in the same industry, closed the last trading session 1% lower at $4.01. SOTK has returned -4.9% in the past month.

SonoTek's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.02. Compared to the company's year-ago EPS, this represents no change. SonoTek currently boasts a Zacks Rank of #3 (Hold).