The company states: “Framatome and NuScale Power (SMR) Corporation have expanded their longstanding partnership to include Framatome’s European facilities for fuel fabrication in Europe, while also notifying the Richland facility to fabricate fuel for NuScale Power’s U.S. Nuclear Regulatory Commission-approved SMR fuel technology in the next five years. This expansion leverages Framatome’s global presence to support NuScale in meeting global U.S. and European demands and builds upon their exclusive fuel manufacturing contract signed in 2015.”
Claim 55% Off TipRanks
Trade SMR with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- Nuscale Power Corp call volume above normal and directionally bullish
- NuScale Power’s Earnings Call: Promise Meets Execution Risk
- Fastly, Take-Two, NuScale, Waste Management, Lemonade Shakeup
- Mixed options sentiment in Nuscale Power Corp with shares up 1.64%
- LEVI & KORSINSKY, LLP: NUSCALE CEO AND CFO FACE PERSONAL LIABILITY FOR SMR LOSSES
