Nuclear Stocks Sell Off After U.S. Army Launches Microreactor Program
The Janus Program aims to have a micro nuclear reactor operational at a U.S. military site by 2028, boosting nuclear tech firms with notable stock gains this week.
- On Tuesday, the U.S. Army launched the Janus Program to deploy commercially owned microreactors at military bases, partnering with the Defense Innovation Unit and the Department of Energy.
- In recent months, White House and defense directives prioritized advanced reactor deployment, accelerating firms like Oklo while President Donald Trump ordered the Defense Department to operate a reactor by Sept. 30, 2028.
- Wednesday, investors pushed nuclear stocks higher as shares of NuScale Power surged 22.6% early and Oklo Inc. rose nearly 700% year-to-date.
- Project Janus aims to free bases from grid vulnerabilities and ensure operations continue in crises by deploying microreactors that produce up to 20 megawatts and run for years, Army Secretary Dan Driscoll said at the AUSA conference in Washington.
- Analysts caution the sector may be overheating as investors bid up shares of development-stage firms with zero revenues, while Oklo was selected last week for three Department of Energy pilot projects.
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11 Articles
Nuclear Stocks Sell Off After U.S. Army Launches Microreactor Program
The U.S. nuclear sector has been on a tear over the past couple of years, fueled by the global energy crisis, the clean energy revolution, and the AI boom, even as global electricity demand soars. Meanwhile, the uranium market is experiencing a structural supply deficit, creating potential challenges for nuclear operators. Unlike many commodities, uranium trading usually involves small volumes with specialized participants, making the nuclear fu…
US Army Plans to Power Bases With Small Nuclear Reactors
The U.S. Army said on Oct. 14 that it is launching a program to deploy small nuclear power reactors at military bases in the United States. The Army said in a statement that the Janus Program “will deliver resilient, secure, and assured energy” to support national defense installations and critical missions. The program was unveiled during the Association of the U.S. Army’s Annual Meeting and Exposition and announced by Secretary of the Army Dan…
Why Is NuScale Power Stock Blasting Higher? @themotleyfool #stocks $SMR
Key PointsThe U.S. army will deploy small nuclear reactors built at military bases.Its support for nuclear energy highlights the potential for the SMRs that NuScale Power is building.10 stocks we like better than NuScale Power › Shares of NuScale Power (NYSE: SMR) surged 22.6% in early Wednesday trading and was still holding up about 10% through 1:20 p.m. ET. With today's gains, the nuclear energy stock has rallied over 25% just this week, as of…
Oklo Soars 700% — It Could Power Every US Army Base By 2028 - Oklo (NYSE:OKLO)
Forget "hot tech"—this year's explosive winner isn't a chipmaker or an AI play. Oklo Inc. (NYSE:OKLO) has seen its shares surge nearly 700% year-to-date, outperforming the S&P 500's 12% gain. But behind the rally lies a far bolder story: a bid to build the micro nuclear reactors that could power U.S. Army bases under the Pentagon's ambitious Project Janus. Track OKLO stock here. The Mission: Power Independence At its heart lies the Army's missi…
U.S. Army launches Janus Programme to deliver advanced nuclear energy for defence by 2028
The programme follows Executive Order 14299, “Deploying Advanced Nuclear Reactor Technologies for National Security,” which mandates that the Department of War begin operating an Army-regulated nuclear reactor at a domestic military site no later than 30 September 2028. The Secretary of War has designated the Department of the Army as the Executive Agent for this mission, placing it in charge of leading the Janus Programme. “The U.S. Army is lea…
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