Holtec Is The Real Deal

[Marlin]

Holtec Is The Real Deal

https://robertbryce.substack.com/p/holtec-is-the-real-deal

[Core Content]

Holtec International filed an S-1 registration statement with the SEC on July 10 to initiate a public offering. The company currently generates revenue through its established nuclear services and is working toward the restart of the Palisades nuclear plant. This move distinguishes the firm from recent SMR startups that have entered the public market through SPAC mergers without comparable regulatory progress or operational history.

This pure-play nuclear company is about to go public. It's making money, has a promising SMR design, and is close to restarting Palisades. Here's what you need to know.

Holtec Nuclear Corporation is the antithesis of Hadron Energy.

As I reported here last month, Hadron Energy, a startup that aims to build a 10-megawatt light-water reactor, went public on May 26 via a SPAC merger. The IPO quickly made the company's founder, Sam Gibson, a 25-year-old who graduated from the University of Nebraska with a degree in mechanical engineering in May of 2023, a centimillionaire, or at least it did on paper. The company's website includes photos of Gibson on the university campus and informs us that he "brings midwestern values of...

Read the full article at robertbryce.substack.com:
https://robertbryce.substack.com/p/holtec-is-the-real-deal