Execution And Dilution RiskExecution risks remain significant, including final contract timing, refund exposure if approvals are not obtained, and the potential need for additional equity that could dilute returns.
Fuel Procurement And Cost RiskMaterial uncertainty in securing commercial reactor fuel and expectations of higher HALEU pricing could delay projects and increase development costs.
Operational And Market RisksPre‑revenue status exposes the company to supply chain, technological, regulatory, and competitive risks that could slow commercialization and pressure future financial performance.