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FEATURED UNLOCKED ARTICLE OF THE WEEK
Holtec hits the pause button on IPO, partly due to data center backlash
After earlier reports from media outlets about Holtec suspending its initial public offering (IPO), the company officially said Thursday that it will postpone the launching of its IPO due to recent market conditions. In its company’s press release, Holtec said: “The decision to postpone the offering has been caused by the unusual confluence of developments that has impaired investor confidence in the market for new public offerings,” according to the release. “The adverse market sentiment has affected the equity markets in general and the nuclear sector in particular in the past two weeks.” Just last week, Holtec had plans to offer 50 million shares at prices that range between $15…
Weapons Complex Morning Briefing
Fleischmann expects 2027 E&W to pass during lame duck session
ARLINGTON, Va. – Rep. Chuck Fleischmann (R-Tenn.) told the National Cleanup Workshop here on Wednesday he expects the Energy & Water Development bill for fiscal 2027 to pass during the so-called “lame duck” session after Congress returns following the November…
Weapons Complex Monitor
Walsh touts EM rebranding and AI, nuclear-related investment
ARLINGTON, VA – The head of the Department of Energy’s $8-billion nuclear cleanup branch said here Tuesday the Office of Environmental Management (EM) is indeed being renamed. In his “State of EM” speech, Walsh again said the Environmental Management office…
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RadWaste & Materials Monitor
DOE explores use of Nuclear Waste Fund for lifecycle campus program
WASHINGTON – The Department of Energy could consider using the Nuclear Waste Fund to help fund waste management-related facilities to go online at Nuclear Lifecycle Innovation Campuses. During the House Energy and Commerce’s Energy subcommittee hearing Tuesday, DOE’s Assistant Secretary…
Nuclear Security & Deterrence Monitor
Funding presents biggest challenge for NNSA, agency executive says
ARLINGTON, Va. – The biggest challenge for the National Nuclear Security Administration is receiving “stable, predictable, sufficient, timely funding” from Congress, Thomas Ashlock, the agency’s associate administrator for congressional and intergovernmental affairs, said Tuesday. “Everyone would agree that a CR…
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