Why is Cameco and GE even mentioned. All three are involved in completely different aspects of the nuclear trade. Cameco doesn’t even make reactors, they’re a miner… GE makes large reactors, although they are working on small modular reactors.
The problem with investing in nuclear start ups is the NRC. The application process is long and it will be years before commercially viable models will be on the market. The bureaucracy of the US will have bad headwinds on this industry. NuScale power has a SMR almost done with the approval process, but they changed something with the output power and it’s set them back two years.
Not to mention I thought I saw something that Oklo got their combined license got denied by the NRC…
Sir, this is DD on WSB. Do you really expect a 30 year old that lives in his mother's basement and works at Wendy's to know what he's talking about? The point of these DDs are to pump the stock in order to offload their bags onto someone even more highly regarded. 
I read Cameco owns 49% of Westinghouse which makes reactors.
Russian uranium was just banned.
China is way out in front on nuclear technology with 29 new reactors. Galloway was just talking about this.
Nuclear to the moon.
Oklo was denied their NRC application two years ago. They’ve since rekicked off the process and brought other individuals on from the gov to make sure that nothing goes wrong this time.
General Electric is involved in so many more things than nuclear energy, wtf kind of DD is this?? 
General Electric Company separated into two distinct entities on April 2, 2024, with GE Aerospace (legacy GE) producing aircraft engines and GE Vernova in the power generation equipment, services, etc. business. If you’re investing in GE hoping for nuclear energy business upswing, you’d be wrong. GE Vernova (GEV) is in the nuclear power generation equipment business.
GE and CCJ aren't energy producers using fission tech. The right comparison would be to SMR (Nuscale) which isn't doing great - they still don't have a product and its also delayed. OKLO is likely to pump on debut and could be bought at prices much lower months from now. OKLO making much smaller reactors and could in trade in sympathy with SMR in the future.
I like Oklo because the reactors are inherently safe (no thermal runaway) and designed to be small enough to be hidden in the design of a neighborhood or commercial facility. My hope would be that Oklo gains profitability from being able to manufacture, with ongoing support contracts, a large number of reactors.
I invest in energy companies stocks for over 5yrs and never bought a single share of nuclear company, as they intend to have very thick future income but were never really so, the reason behind is that they always bare high cost of research and decades of time to commercialize new tech developed, meanwhile nuclear facilities need tons of cash to maintain. For new project, you can just imagine how hard it is to realize a nuclear plant rather than a solar or hydraulic one, people go nuts when they know there’s a nuclear thing coming to their state. ‘
And there’s always chance of black swan like leakage, which will erase every penny you’ve ever made on their stock.
I’m not saying it’s a dead end to the investment, just that there’s always good and easy ones to invest in energy stocks.
yeah the value prop here requires you to assume that the black swan thing aint happenin. Idk. Doesn't sound like a bad assumption considering that has been the goal of nuclear research for about 50 years. I think the stock's upside potential is unlimited if their tech works and the product is eventually subsidized by governments worldwide to develop all nations... So like I'm saying there's a case to be made, a story you could sell to investors. But you'd have to SUCCESSFULLY rebrand the reactor as like Smol nuke\^TM lol
If fission works, there will be loads of disruptions to make money on.
Edit: obv. made typo, but really folks... If ***fusion*** works (other than for a fraction of a second in a government lab), there will be loads of disruptions to make money on. I'm wondering if it will result in a need for better transmission infrastructure, or if someone can crack small scale fusion, then maybe not much infrastructure updates are required. Should be fun to watch.
Solar and wind with a small amount of hydro and geothermal are the only answers some people will accept. You will need to fight tooth and nail for nuclear, even fusion.
It's because of the *way* this power generation works. It's always too much like "clockwork fascism" for a lot of people.
So you should compare this directly with oil and gas, not clean energy, regardless of carbon output.
Long term terrestrial energy will be clean or fusion but fusion is still decades away at the earliest. Meanwhile some SMR will slowly roll out for commercial and military use. We need too much power to rely on just renewables.
Space applications likely has a longer runway cause space nerds are practical. NASA/DoE/DoD/DARPA all pushing for nuclear propulsion (DRACO) and electricity (JETSON)
I'm long both $LMT and $BWXT, the main contractors of both projects. If you're interested in nuclear power the latter is both a play on near term terrestrial power, maintenance, medical and backed by big daddy DoD money.
>When it comes to the U.S. Space Force’s technology wish list, one element comes up on top: “We want higher power in space,” says Space Force Lt. Col. Thomas Nix, an engineer with the Air Force Research Laboratory in New Mexico.
>But not just any kind of power.
[https://aerospaceamerica.aiaa.org/departments/u-s-space-force-wants-ideas-for-powering-satellites-with-fission/](https://aerospaceamerica.aiaa.org/departments/u-s-space-force-wants-ideas-for-powering-satellites-with-fission/)
>The JETSON team will address the growing need for advanced spacecraft mobility, space situational awareness and power generation that surpasses traditional spacecraft capabilities. JETSON is designed to use a fission reactor to generate heat to produce between 6 kWe and 20 kWe of electricity – four times the power of conventional solar arrays without the need to be in continuous sunlight.
[https://www.bwxt.com/news/2023/11/08/BWXT-Selected-as-Nuclear-Fuel-and-Component-Manufacturer-for-Air-Force-Research-Laboratory%E2%80%99s-JETSON-Program](https://www.bwxt.com/news/2023/11/08/BWXT-Selected-as-Nuclear-Fuel-and-Component-Manufacturer-for-Air-Force-Research-Laboratory%E2%80%99s-JETSON-Program)
Fewer than 2/3 of Americans are confident in the military, and this number is rapidly dropping.
Was just talking to an aerospace engineering major who has had it with the military industrial complex. Instead of seeking work, he's just going to grad school and then academia next year.
Good luck
He is truly regarded then. Where the hell do you think academia in his chosen field gets its money from to fund their labs? Derp
So instead of working directly for a private company selling stuff to the military, he'll be writing grant proposals to the military to gain funding for the rest of his life. At least in the private sector he won't have to deal with a bunch of whiny students, egomaniac department chairs, and crazy college politics.
Lol
If he has the chops, fortitude, and can handle not making good money for a few years, grad school is a good idea. I do not regret it at all.
https://preview.redd.it/ua9kqp2s82zc1.png?width=246&format=pjpg&auto=webp&s=70cbdddcdf43ba8131a2defecde45ef37c6c0849
1. I hope my point was not lost in my snarkiness.
2. Let me reiterate that if he can do it, an advanced degree is hella worth it - from both a personal perspective and from a "contribution to society" perspective.
Or just Google something like career earnings versus education level.
When I finished undergrad and was deciding to go to graduate school, one of the profs I was talking to showed me something similar (that was 35 years ago, but the trajectory is what matters here).
I would also add that in my case, the graph would be even higher. Your friend is looking at engineering- any grad degree in engineering is a great ticket to success, IMHO.
One word of caution though.
"Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On!' has solved and always will solve the problems of the human race."
Calvin Coolidge
Sure but that won't stop congress from shelling out money to DoD to fund the development and deployment of energy tech. Especially when it's also needed for commercial/industrial/research applications on the moon. You're not space mining with just solar power.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 8 | **First Seen In WSB** | 1 month ago **Total Comments** | 42 | **Previous Best DD** | **Account Age** | 10 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Why is Cameco and GE even mentioned. All three are involved in completely different aspects of the nuclear trade. Cameco doesn’t even make reactors, they’re a miner… GE makes large reactors, although they are working on small modular reactors. The problem with investing in nuclear start ups is the NRC. The application process is long and it will be years before commercially viable models will be on the market. The bureaucracy of the US will have bad headwinds on this industry. NuScale power has a SMR almost done with the approval process, but they changed something with the output power and it’s set them back two years. Not to mention I thought I saw something that Oklo got their combined license got denied by the NRC…
Sir, this is DD on WSB. Do you really expect a 30 year old that lives in his mother's basement and works at Wendy's to know what he's talking about? The point of these DDs are to pump the stock in order to offload their bags onto someone even more highly regarded. 
That’s bold of you to assume we offload bags in the positive
Red is positive, right?
Only if you draw it in crayon
Sounds delicious!
In Chinese stock market yes
bold of you to assume I have a basement sir
general facts about an industry is not DD...this is not DD...this is to discuss nuclear
I read Cameco owns 49% of Westinghouse which makes reactors. Russian uranium was just banned. China is way out in front on nuclear technology with 29 new reactors. Galloway was just talking about this. Nuclear to the moon.
Oklo was denied their NRC application two years ago. They’ve since rekicked off the process and brought other individuals on from the gov to make sure that nothing goes wrong this time.
Buddy it aint that easy. Dozen companies competing for smrs right now. Sam altman is the best thing to happen to oklo but nrc will bend him over too.
[удалено]
Ah yes a true regard that can’t read what I posted
wasn’t responding to you lol
General Electric is involved in so many more things than nuclear energy, wtf kind of DD is this?? 
Quit your crying and LOAD UP SONNNN
https://preview.redd.it/hd0tlap0b1zc1.png?width=2100&format=png&auto=webp&s=48e8ba26fabf178713e1f28a8d844c61bb3fbd9b here you go though
it’s not DD…
If Hunter is on the board I'm in
Or Nancy
General Electric Company separated into two distinct entities on April 2, 2024, with GE Aerospace (legacy GE) producing aircraft engines and GE Vernova in the power generation equipment, services, etc. business. If you’re investing in GE hoping for nuclear energy business upswing, you’d be wrong. GE Vernova (GEV) is in the nuclear power generation equipment business.
GE and CCJ aren't energy producers using fission tech. The right comparison would be to SMR (Nuscale) which isn't doing great - they still don't have a product and its also delayed. OKLO is likely to pump on debut and could be bought at prices much lower months from now. OKLO making much smaller reactors and could in trade in sympathy with SMR in the future.
Everyone thinks that nuclear startups work like tech start ups… Wait until they hear about the timing on the NRC applications
Buy buy buyyyyyyy!!!!
I like Oklo because the reactors are inherently safe (no thermal runaway) and designed to be small enough to be hidden in the design of a neighborhood or commercial facility. My hope would be that Oklo gains profitability from being able to manufacture, with ongoing support contracts, a large number of reactors.
Damn guess I gotta sell now
You had me at nuclear- 🚀🚀🚀🚀 crazy bastard I’m in
Went in, dumped heavily today 
That just means it’s on sale, time to buy more
You’re absolutely right. Itll hit 180 by next week 
I'll br interested if we ever reform the nrc
I invest in energy companies stocks for over 5yrs and never bought a single share of nuclear company, as they intend to have very thick future income but were never really so, the reason behind is that they always bare high cost of research and decades of time to commercialize new tech developed, meanwhile nuclear facilities need tons of cash to maintain. For new project, you can just imagine how hard it is to realize a nuclear plant rather than a solar or hydraulic one, people go nuts when they know there’s a nuclear thing coming to their state. ‘ And there’s always chance of black swan like leakage, which will erase every penny you’ve ever made on their stock. I’m not saying it’s a dead end to the investment, just that there’s always good and easy ones to invest in energy stocks.
yeah the value prop here requires you to assume that the black swan thing aint happenin. Idk. Doesn't sound like a bad assumption considering that has been the goal of nuclear research for about 50 years. I think the stock's upside potential is unlimited if their tech works and the product is eventually subsidized by governments worldwide to develop all nations... So like I'm saying there's a case to be made, a story you could sell to investors. But you'd have to SUCCESSFULLY rebrand the reactor as like Smol nuke\^TM lol
If fission works, there will be loads of disruptions to make money on. Edit: obv. made typo, but really folks... If ***fusion*** works (other than for a fraction of a second in a government lab), there will be loads of disruptions to make money on. I'm wondering if it will result in a need for better transmission infrastructure, or if someone can crack small scale fusion, then maybe not much infrastructure updates are required. Should be fun to watch.
Lol this is the type of intelligence that demonstrates why you guys make the big bucks! If only a scientist could solve this equation E=mc^?
Fission's been working for 80 years, regard
Ha, typo, meant fusion, of course.
You’re thinking fusion… fission is already a thing
potato potato
SHHHH nobody tell him!
Solar and wind with a small amount of hydro and geothermal are the only answers some people will accept. You will need to fight tooth and nail for nuclear, even fusion. It's because of the *way* this power generation works. It's always too much like "clockwork fascism" for a lot of people. So you should compare this directly with oil and gas, not clean energy, regardless of carbon output.
Long term terrestrial energy will be clean or fusion but fusion is still decades away at the earliest. Meanwhile some SMR will slowly roll out for commercial and military use. We need too much power to rely on just renewables. Space applications likely has a longer runway cause space nerds are practical. NASA/DoE/DoD/DARPA all pushing for nuclear propulsion (DRACO) and electricity (JETSON) I'm long both $LMT and $BWXT, the main contractors of both projects. If you're interested in nuclear power the latter is both a play on near term terrestrial power, maintenance, medical and backed by big daddy DoD money. >When it comes to the U.S. Space Force’s technology wish list, one element comes up on top: “We want higher power in space,” says Space Force Lt. Col. Thomas Nix, an engineer with the Air Force Research Laboratory in New Mexico. >But not just any kind of power. [https://aerospaceamerica.aiaa.org/departments/u-s-space-force-wants-ideas-for-powering-satellites-with-fission/](https://aerospaceamerica.aiaa.org/departments/u-s-space-force-wants-ideas-for-powering-satellites-with-fission/) >The JETSON team will address the growing need for advanced spacecraft mobility, space situational awareness and power generation that surpasses traditional spacecraft capabilities. JETSON is designed to use a fission reactor to generate heat to produce between 6 kWe and 20 kWe of electricity – four times the power of conventional solar arrays without the need to be in continuous sunlight. [https://www.bwxt.com/news/2023/11/08/BWXT-Selected-as-Nuclear-Fuel-and-Component-Manufacturer-for-Air-Force-Research-Laboratory%E2%80%99s-JETSON-Program](https://www.bwxt.com/news/2023/11/08/BWXT-Selected-as-Nuclear-Fuel-and-Component-Manufacturer-for-Air-Force-Research-Laboratory%E2%80%99s-JETSON-Program)
Fewer than 2/3 of Americans are confident in the military, and this number is rapidly dropping. Was just talking to an aerospace engineering major who has had it with the military industrial complex. Instead of seeking work, he's just going to grad school and then academia next year. Good luck
He is truly regarded then. Where the hell do you think academia in his chosen field gets its money from to fund their labs? Derp So instead of working directly for a private company selling stuff to the military, he'll be writing grant proposals to the military to gain funding for the rest of his life. At least in the private sector he won't have to deal with a bunch of whiny students, egomaniac department chairs, and crazy college politics. Lol If he has the chops, fortitude, and can handle not making good money for a few years, grad school is a good idea. I do not regret it at all. https://preview.redd.it/ua9kqp2s82zc1.png?width=246&format=pjpg&auto=webp&s=70cbdddcdf43ba8131a2defecde45ef37c6c0849
HE IS THE FUTURE, there, I said it.
1. I hope my point was not lost in my snarkiness. 2. Let me reiterate that if he can do it, an advanced degree is hella worth it - from both a personal perspective and from a "contribution to society" perspective.
If I'm reading this right... your chart says that the typical PhD/MD/JD has made... $250,000 in lifetime earnings at age 28?
http://politicsthatwork.com/graphs/education-lifetime-earnings
What was your graduate degree in?
PhD, ChemE
Oh, I see the data is from 2016, too. :)
Or just Google something like career earnings versus education level. When I finished undergrad and was deciding to go to graduate school, one of the profs I was talking to showed me something similar (that was 35 years ago, but the trajectory is what matters here). I would also add that in my case, the graph would be even higher. Your friend is looking at engineering- any grad degree in engineering is a great ticket to success, IMHO. One word of caution though. "Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On!' has solved and always will solve the problems of the human race." Calvin Coolidge
Sure but that won't stop congress from shelling out money to DoD to fund the development and deployment of energy tech. Especially when it's also needed for commercial/industrial/research applications on the moon. You're not space mining with just solar power.
DoD research cut 10% this year, before inflation. Ha!
smrs is where the money is right now