How GE Vernova plans to deploy small nuclear reactors across the developed world
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GE Vernova, a General Electric spinoff, is planning to deploy its small modular reactor, BWRX-300, across the developed world. The company aims to generate over $2 billion in annual revenue from this business by the mid-2030s.
November 30, 2024 | 1:15 pm
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GE Vernova, a spinoff of General Electric, is focusing on deploying its BWRX-300 small modular reactors globally, with a revenue target of over $2 billion annually by the mid-2030s.
The news highlights GE Vernova's strategic focus on small modular reactors, which is a significant growth area for General Electric. The potential $2 billion annual revenue by the mid-2030s indicates a positive long-term impact on GE's financials.
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