BWXT Awarded An Engineering Contract From TerraPower For The Natrium Demonstration Project; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
BWX Technologies, Inc. (NYSE:BWXT) has been awarded a contract by TerraPower to design the Intermediate Heat Exchanger for the Natrium Demonstration Project. The Natrium technology is a 345-megawatt sodium fast reactor with a molten salt-based integrated energy storage system. The successful design of the Intermediate Heat Exchanger by BWXT Canada Ltd. is crucial to the project's power generation.
August 04, 2023 | 12:29 pm
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POSITIVE IMPACT
BWX Technologies has secured a contract from TerraPower, which could potentially boost its revenues and strengthen its position in the nuclear components market.
The contract from TerraPower for the Natrium Demonstration Project could potentially increase BWXT's revenues. Additionally, the successful execution of this contract could enhance BWXT's reputation in the nuclear components market, potentially attracting more contracts in the future.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100