Publications: ExchangeMonitor Morning Briefing
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Advanced Nuclear & SMRs
Despite Q2 loss Oklo bullish on Trump executive orders
Santa Clara, Calif. based Oklo, experienced a net loss of $28 million or $0.18 per share in its second quarter that ended June 30. In the second quarter of 2024, Oklo had a net operating loss of $17.7 million and a $0.27 loss per share. Oklo announced its quarterly earnings on Monday Aug. 11. Oklo […]
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Cleanup & Remediation
Lindsey Graham primary challenger suspends campaign for GOP Senate nod
Former South Carolina Lt. Gov. André Bauer as shut down his GOP primary challenge against Sen. Lindsey Graham, the four-term incumbent, Bauer said on website X Aug. 8. “I cannot and will not be part of a political climate that rewards deception over honesty, or ambition over unity,” Bauer wrote after campaigning against Graham for […]
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Plutonium Pit Production
Los Alamos elevator in plutonium facility faces technical failures, DNFSB says
An elevator for transporting radiological material within the Department of Energy’s Los Alamos National Laboratory’s plutonium facility suffered “several mechanical failures” over the last few months, according to a report by the Defense Nuclear Facilities Safety Board. The report from July 25 said the recent failures pertained to the doors’ interlocking system. Management at the […]
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National Laboratories
Lawrence Livermore director named in Forbes 2025 50 over 50
Kim Budil, director at Lawrence Livermore National Laboratory, was named to Forbes magazine’s 2025 “50 over 50” list, the lab announced Monday. The fifth annual Forbes list, released July 30, is a compilation of five months of research on women over the age of 50 who, the magazine says, “are creating their greatest professional impact” […]
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Cleanup & Remediation
BWXT-led Hanford waste prime takes week-long safety break
Hanford Tank Waste Operations and Closure (H2C), the BWX Technologies-led liquid waste prime, suspended work for a week due to safety concerns at the former plutonium production site at Richland, Wash. “H2C initiated a week-long safety stand down, pausing non-essential operations and holding all-hands meetings with its workforce, including management, to discuss the recent spike […]
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Advanced Nuclear & SMRs
NuScale sees increased revenue, but awaits SMR orders
Earnings rose at NuScale Power, Corvallis, Ore. in the second quarter, which the small modular reactor developer attributed to engineering and licenses and additional services to support RoPower’s efforts to deploy a NuScale power module in Romania. Revenue for the second quarter ended on June 30 were $8.1 million, up from $1 million in the […]
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Advanced Nuclear & SMRs
DOE makes initial selections for reactor pilot program
The Department of Energy announced Tuesday it has selected 11 nuclear projects to partake in a pilot program to streamline the deployment of advanced reactors. In the DOE’s Tuesday press release, the agency listed these 10 companies: Aalo Atomics, based in Austin, Texas Antares Nuclear, based in Redondo Beach, Calif. Atomic Alchemy, based in Idaho […]
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- U.S. remains atop global nuclear sector in 2025
- Radiant to provide microreactors for military base
- Senators ‘still talking,’ topline near $60 billion for DOE funding bill
- LANL ‘creates distrust by avoiding the public’ on power line, letter to editor says
- Amentum largely avoids DOGE, tariff impacts so far
- Coming Up;
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Contracts & Procurement
Amentum largely avoids DOGE, tariff impacts so far
Amentum, a major contractor for the Department of Energy and the Department of Defense, has seen little impact so far from cost-cutting efforts by the Department of Government Efficiency (DOGE), the company said last week. “Although a limited number of our contracts for the U.S. government have been affected by DOGE and other changes in […]
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Advanced Nuclear & SMRs
Radiant to provide microreactors for military base
Radiant Industries has recently signed an agreement with Defense Innovation Unit and Department of Air Force to mass produce microreactors at a U.S. military base by 2028. The El Segundo, Calif.-based advanced nuclear company is developing a portable high-temperature gas-cooled microreactor called Kaleidos that has a net generating capacity of one megawatt. The contract was […]
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Cleanup & Remediation
Coming Up;
Here are events related to nuclear matters that Exchange Monitor staff are tracking: August 13: Hybrid meeting: Hanford Advisory Board meetings starting at 8:30 a.m. Pacific Time from Three Rivers Convention Center, 7016 W Grandridge Boulevard, Kennewick, Wash. 13: Hybrid meeting: Oak Ridge Site Specific Advisory Board starts at 6 p.m. Eastern time from DOE […]
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National Laboratories
LANL ‘creates distrust by avoiding the public’ on power line, letter to editor says
The Department of Energy’s Los Alamos National Laboratory has failed to reach out to residents nearby concerning a powerline that would go through sacred land, a letter published Aug. 7 in the local Los Alamos Daily Post said. “This is not meaningful opportunity for engagement with those residents who will be impacted by the project’s […]
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Budget & Policy
Senators ‘still talking,’ topline near $60 billion for DOE funding bill
Disagreement between the Energy and Water subcommittee chair and ranking member over the topline of their appropriations bill has led to it not being released yet, according to an article by Politico E&E News. The Senate has not yet brought a version of the bill to even a subcommittee level markup. The article said the […]
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International
U.S. remains atop global nuclear sector in 2025
The United States still leads the world in nuclear energy generation but China and Russia are seeing rapid growth in their respective nuclear fleets, according to a recent Energy Information Administration (EIA) analysis. As of June 2025, the U.S. nuclear fleet of 94 operating reactors has a generating capacity of 97 gigawatts, which amounts to […]
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News & Analysis
Publication Notice
Exchange Monitor is entering its annual August break that occurs while Congress is in recess. As a result, Weapons Complex Morning Briefing will not be published on Monday Aug. 11. It will only be published on Tuesdays and Thursdays between now and Aug. 25, at which time the schedule returns to normal. Thanks and stay […]
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High-Level & Tank Waste
Savannah River cleans out another radwaste tank
The state regulator for the Department of Energy’s Savannah River Site in South Carolina is satisfied workers have successfully cleaned out the high-level liquid radioactive waste from Tank 8, DOE said this week. The milestone marks the sixth tank in 13 months to receive preliminary cease waste removal designation from the South Carolina Department of […]
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Contracts & Procurement
Leidos reports increase in second quarter earnings
Earnings rose at Leidos, Reston, Va., in the second quarter, which the national security and technology company attributed to controlling expenses in a time of “uncertainty” and some new contract awards. For this year’s second quarter, Leidos reported a net margin of 9.2% and net income of $393 million on sales of $4.25 billion, up […]
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Reactor Licensing & Regulation
House members seek on-site NRC inspectors at retired nuclear plants
A California Democrat and a New York Republican in areas with retired reactors are having another go at passing a House of Representatives bill aimed at increasing safety oversight at nuclear power plants undergoing decommissioning. Reps. Mike Levin (D-Calif.) and Mike Lawler (R-N.Y.) recently said they would reintroduce the Increasing Nuclear Safety Protocols for Extended […]
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Advanced Nuclear & SMRs
Oklo to report earnings Aug. 11
Santa Clara, Calif. based advanced nuclear technology company Oklo will report its second quarter financial results on Aug. 11 in an earnings conference call at 5:00 p.m. Eastern Time. Oklo, which was the first company to receive a site use permit from the Department of Energy for a commercial advanced nuclear plant, will report its […]
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Contracts & Procurement
Amentum execs bank on nuclear, defense growth
Earnings rose at Amentum, Chantilly, Va., during the past quarter, which the company attributed in part to the White House and congress prioritizing nuclear power and national defense. Net earnings for the quarter ended June 27 were $10 million, or $0.04 a share, up from a $26 million loss, or a loss of $(0.29) a […]
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- California enrichment startup signs DOE lease for 100 acres at Paducah
- NASA could soon announce timeline for moon reactor
- Russia exits nuclear treaty with U.S.
- X-Energy hires Clark Construction to build Oak Ridge fuel fabrication facility
- NNSA deploys security simulation tech at Lawrence Livermore
- Amentum to report earnings Wednesday
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National Laboratories
NNSA deploys security simulation tech at Lawrence Livermore
The Department of Energy’s semi-autonomous National Nuclear Security Administration (NNSA) will deploy Cornelis Networks technology to power Lawrence Livermore National Laboratory’s high-performance computing cluster “Lynx.” The “Lynx” cluster is a supercomputer with 952 computer nodes that is part of NNSA’s Advanced Simulation and Computing initiatives, which assesses the validity of the U.S. nuclear stockpile through […]
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Contracts & Procurement
Amentum to report earnings Wednesday
Chantilly, Va. Based Amentum will report quarterly financial results Wednesday conduct an earnings conference call at 8:30 a.m. Eastern Time. Amentum, one of the largest contractors in the Department of Energy’s weapons complex, will report results for the quarter ended around June 30. In May, Amentum reported net earnings of $4 million, or $0.02 a […]
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Advanced Nuclear & SMRs
X-Energy hires Clark Construction to build Oak Ridge fuel fabrication facility
X-Energy has awarded Clark Construction Group a $48.2-million contract for the building phase of its advanced nuclear fuel fabrication facility, TX-1, in Oak Ridge, Tenn. The contract award, encompassing Phase 2A of the facility construction, will include the completion of the core and shell of the 214,812 square foot facility, according to X-Energy’s Tuesday press […]
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Uranium Enrichment & Fuel Cycle
California enrichment startup signs DOE lease for 100 acres at Paducah
The Department of Energy has signed a lease with a California-based nuclear startup for reuse of 100 acres of the Paducah Site in Kentucky for a new private-sector domestic uranium enrichment facility that could employ 140 people and be worth $1.5 billion. DOE and its Office of Environmental Management announced the deal with General Matter […]
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International
Russia exits nuclear treaty with U.S.
Russia “no longer considers itself bound” to a self-imposed treaty between the United States and Moscow that prohibits deploying intermediate-range missiles, Russia’s Foreign Ministry said in a statement Monday. The Intermediate-Range Nuclear Forces (INF) Treaty was a pact made in 1987, during the Cold War, which banned ballistic and cruise missiles launched from land with […]
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Advanced Nuclear & SMRs
NASA could soon announce timeline for moon reactor
Transportation Secretary and Acting NASA administrator Sean Duffy confirmed in a Tuesday press conference that NASA has expedited plans for deploying a nuclear reactor on the moon. The confirmation comes after several major news outlets reported on Monday of the space agency’s plans. The reactor directive would order NASA to seek industry proposals for a […]
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- Senate defense appropriations bill has deterrence reductions, reconciliation complaints
- BWXT enjoys strong quarter led by government operations
- Environmental group urges Padilla to intercede with NRC on Diablo Canyon seismic risk
- Trump orders nuclear subs to near Russia, Kremlin urges caution with ‘nuclear rhetoric’
- DOE taps Standard Nuclear for first advanced fuel pilot
- NWTRB summer meeting set for Aug. 27
- Longtime DNFSB inspector retires from federal government
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Contracts & Procurement
BWXT enjoys strong quarter led by government operations
Earnings rose at BWX Technologies, Lynchburg, Va. in the second quarter, which the company attributed to strong performances in government operations. “We had exceptionally strong second quarter 2025 financial results driven by solid operational performance and pacing of work, particularly in Government Operations, which was complemented by robust bookings in both segments, leading to record […]











