- NuScale Power Corp (NYSE:SMR) signed a memorandum of understanding (MOU) with Fermi Energia, an Estonian energy company.
- Under the agreement, Fermi Energia, which looks to adopt clean energy power sources to meet climate goals, will evaluate NuScale’s small modular reactor design for deployment in Estonia.
- NuScale will support Fermi Energia as it conducts further analysis and considers deploying a VOYGR SMR power plant to meet clean, baseload energy needs by 2031.
- CEO John Hopkins said, “NuScale looks forward to working with Fermi Energia as they evaluate how our SMRs can become a key component of Estonia’s energy future.”
- Price Action: SMR shares are trading lower by 1.17% at $15.14 on the last check Thursday.
C3 AI, Google Cloud Expand Partnership; Terms Not Disclosed
New three-year agreement expands global joint selling and provides tighter integration between C3 AI and Google Cloud
C3 AI (NYSE:AI) and Google Cloud today announced the three-year expansion of their partnership