BWX Technologies, Crowley Debut Nuclear Power Generation Vessel Concept
Portfolio Pulse from Benzinga Newsdesk
Global shipping and energy supply chain leader Crowley has partnered with BWX Technologies, Inc. (NYSE:BWXT) to develop a ship concept that could generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board.
September 20, 2023 | 10:49 am
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BWX Technologies has partnered with Crowley to develop a ship concept that could generate zero-carbon emission energy. This could potentially open new markets for BWXT.
The partnership with Crowley to develop a zero-carbon emission energy ship concept could potentially open new markets for BWXT. This could lead to increased revenues and profitability in the future, which could positively impact the company's stock price in the short term.
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