US EditionNatura Resources Purchases Shepherd Power; Partners with NOV to Deploy Gigawatts of SMRs in early 2030s
Natura aims to deploy multiple gigawatts of molten-salt small modular reactors by 2032, leveraging NOV's manufacturing and Shepherd Power's licensing expertise.
- Natura Resources LLC acquired Shepherd Power from NOV Inc. and announced the deal in Abilene, Texas, aligning its molten salt reactor design with NOV's expertise to support gigawatt-scale SMRs.
- Faced with licensing hurdles, Natura is prioritizing NRC filings and plans two commercial applications before 2025, while Shepherd Power brings regulatory and licensing expertise to Natura.
- Natura's molten salt reactor design uses liquid fuel dissolved in molten salt, operates at high temperature and atmospheric pressure, supports recycled waste, medical isotope production, and features a modular 100-MW reactor suited for Permian Basin desalination.
- NOV Inc. will become an investor in Natura Resources LLC and appoint a board member, while Natura has secured more than $120 million in private funding plus a $120 million State of Texas commitment.
- Looking beyond immediate deals, the technology could supply industrial and data-center power while aiding Permian Basin desalination, with Department of Energy timelines and a prior NRC permit positioning Natura as a leading Gen IV developer.
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20 Articles
Mason City Globe Gazette
Natura Resources Purchases Shepherd Power; Partners with NOV to Deploy Gigawatts of SMRs in early 2030s
Agreement will align Natura's breakthrough reactor design with NOV's manufacturing expertise to accelerate commercial deployment of Natura's molten salt reactor (MSR) technologyShepherd Power's expertise in full-scale reactor deployment will accelerate Natura's ability to provide comprehensive power options for customers, including…
NOV Announces Sale of Advanced Nuclear Development Company Shepherd Power to Natura Resources
HOUSTON, Dec. 10, 2025 (GLOBE NEWSWIRE) — NOV Inc. (NYSE: NOV) today announced the sale of Shepherd Power, its advanced nuclear development company, to Natura, a leading developer of advanced small modular reactor technology. As part of the transaction, NOV and Natura have signed an MOU to establish a supply chain agreement where NOV will provide manufacturing and project management expertise to support scaled deployment of Natura’s advanced nuc…
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