Nuclearn Joins Texas Nuclear Alliance
'In our rapidly growing AI economy, Nuclearn is meeting the moment by modernizing nuclear operations and bringing new levels of efficiency to safe, reliable energy,' said TNA President Reed Clay. 'TNA is proud to partner with the bright minds at Nuclearn and looks forward to working together to unlock the full potential of nuclear energy right here in Texas.'
'Texas' leadership in energy innovation combined with Nuclearn's nuclear AI expertise further reinforces the future of nuclear energy is secure, efficient, and scalable,' said Brad Fox, CEO and Co-Founder of Nuclearn.
'We see incredible opportunity in aligning with the Texas Nuclear Alliance to accelerate next-generation nuclear deployment,' added Jerrold Vincent, CFO and Co-Founder of Nuclearn. 'We're eager to support the mission of making Texas the global leader in clean, reliable nuclear energy.'
About Nuclearn
Nuclearn is transforming the nuclear energy industry by bringing modern AI tools to one of the world's most vital clean energy sources. With over 60 reactors globally relying on Nuclearn technology, the company was founded on a simple belief: nuclear deserves better tools. Built by a team of nuclear professionals and engineers, Nuclearn develops AI-powered software tailored specifically for the unique needs of nuclear operations. Unlike generic platforms, Nuclearn solutions are nuclear-specific, pre-trained, and built by experts who understand the intricacies of the field. To learn more, visit www.nuclearn.ai.
About the Texas Nuclear Alliance
TNA is the only industry association in Texas dedicated to the advancement of nuclear technology in the state. TNA was formed with a singular mission: to make Texas the Nuclear Capital of the World. Formed in 2022 in the aftermath of Winter Storm Uri, TNA is based on the fundamental premise that if Texas and the world want low-carbon, reliable energy, it can no longer turn its back on nuclear energy. Nuclear is clean, safe, reliable, and secure.
Contact Information:
Texas Nuclear Alliance
Lauren Clay
512-567-7604
Contact via Email
www.texasnuclearalliance.org
Read the full story here: Nuclearn Joins Texas Nuclear Alliance
Press Release Distributed by PR.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
4 days ago
- Associated Press
Nuclearn Joins Texas Nuclear Alliance
Austin, TX July 30, 2025 --( )-- The Texas Nuclear Alliance (TNA) proudly welcomes Nuclearn, a software development company offering artificial intelligence for nuclear power, as a new member. 'In our rapidly growing AI economy, Nuclearn is meeting the moment by modernizing nuclear operations and bringing new levels of efficiency to safe, reliable energy,' said TNA President Reed Clay. 'TNA is proud to partner with the bright minds at Nuclearn and looks forward to working together to unlock the full potential of nuclear energy right here in Texas.' 'Texas' leadership in energy innovation combined with Nuclearn's nuclear AI expertise further reinforces the future of nuclear energy is secure, efficient, and scalable,' said Brad Fox, CEO and Co-Founder of Nuclearn. 'We see incredible opportunity in aligning with the Texas Nuclear Alliance to accelerate next-generation nuclear deployment,' added Jerrold Vincent, CFO and Co-Founder of Nuclearn. 'We're eager to support the mission of making Texas the global leader in clean, reliable nuclear energy.' About Nuclearn Nuclearn is transforming the nuclear energy industry by bringing modern AI tools to one of the world's most vital clean energy sources. With over 60 reactors globally relying on Nuclearn technology, the company was founded on a simple belief: nuclear deserves better tools. Built by a team of nuclear professionals and engineers, Nuclearn develops AI-powered software tailored specifically for the unique needs of nuclear operations. Unlike generic platforms, Nuclearn solutions are nuclear-specific, pre-trained, and built by experts who understand the intricacies of the field. To learn more, visit About the Texas Nuclear Alliance TNA is the only industry association in Texas dedicated to the advancement of nuclear technology in the state. TNA was formed with a singular mission: to make Texas the Nuclear Capital of the World. Formed in 2022 in the aftermath of Winter Storm Uri, TNA is based on the fundamental premise that if Texas and the world want low-carbon, reliable energy, it can no longer turn its back on nuclear energy. Nuclear is clean, safe, reliable, and secure. Contact Information: Texas Nuclear Alliance Lauren Clay 512-567-7604 Contact via Email Read the full story here: Nuclearn Joins Texas Nuclear Alliance Press Release Distributed by
Associated Press
24-07-2025
- Associated Press
Deployable Energy Joins Texas Nuclear Alliance
Austin, TX July 24, 2025 --( )-- The Texas Nuclear Alliance (TNA) proudly welcomes as a member Deployable Energy, a technology company providing reliable energy solutions through nuclear batteries. 'Deployable Energy is unlocking nuclear's potential with cutting-edge technology that promises affordable, abundant, deployable and scalable power,' said TNA President Reed Clay. 'As Texas and the nation face growing energy demands, this kind of bold nuclear innovation is exactly what we need to secure our energy future.' 'Deployable Energy is honored to join the Texas Nuclear Alliance at this pivotal moment for nuclear energy advancement,' said Bobby Gallagher, CEO of Deployable Energy. 'TNA's leadership and relentless momentum are solidifying Texas as the epicenter of the new nuclear renaissance. We look forward to collaborating closely with TNA to deploy our Unity Nuclear Battery and drive the next generation of clean, reliable power.' About Deployable Energy Deployable Energy is a pioneering energy technology company focused on delivering compact, transportable nuclear batteries to rapidly and affordably power the world. Its flagship product, the 1 MW Unity Nuclear Battery, is a factory-built, plug-and-play power system that fits in a standard 20-foot shipping container and outperforms diesel on both cost and performance. Designed for critical use cases, ranging from data centers and mining to remote communities and maritime operations, Deployable Energy is on a mission to deploy 100,000 units by 2040 at a delivered cost of 5 cents per kilowatt-hour, radically expanding access to clean, reliable, and decentralized power worldwide. To learn more, visit About the Texas Nuclear Alliance TNA is the only industry association in Texas dedicated to the advancement of nuclear technology in the state. TNA was formed with a singular mission: to make Texas the Nuclear Capital of the World. Formed in 2022 in the aftermath of Winter Storm Uri, TNA is based on the fundamental premise that if Texas and the world want low-carbon, reliable energy, it can no longer turn its back on nuclear energy. Nuclear is clean, safe, reliable, and secure. Contact Information: Texas Nuclear Alliance Lauren Clay 512-567-7604 Contact via Email Read the full story here: Deployable Energy Joins Texas Nuclear Alliance Press Release Distributed by
Yahoo
28-06-2025
- Yahoo
2 Reasons to Buy TNA, and 3 Reasons Not To
The Direxion Daily Small Cap Bull 3X Shares ETF is a triple-leveraged small-cap ETF. If the Russell 2000 performs well, it could deliver incredible returns. There are some big risk factors, so it's important to know what you're getting into. 10 stocks we like better than Direxion Shares ETF Trust - Direxion Daily Small Cap Bull 3x Shares › If you're bullish on small-cap stocks, it might seem like a good idea to buy shares of a leveraged ETF like the Direxion Daily Small Cap Bull 3X Shares ETF (NYSEMKT: TNA) in order to magnify your returns. Of course, this could certainly work out well if the index goes on an incredible bull run, but it's also important to know what happens if it doesn't. We'll look at some of the reasons why you might want to buy shares of this triple-leveraged index fund, and why it might be a better idea to approach it with caution. The Direxion Daily Small Cap Bull 3X Shares ETF uses derivative securities in order to produce three times the daily return of the Russell 2000 index. If you aren't familiar with it, the Russell 2000 is perhaps the most widely used small-cap stock index. The Russell 3000 is a total market index, and the Russell 2000 includes the 2,000 smallest companies in it. In other words, if the Russell 2000 rises by 2% tomorrow, the Direxion Daily Small Cap Bull 3X Shares ETF should rise by about 6%. To be perfectly clear, this is designed as a short-term investment vehicle. There is nothing preventing you from owning the ETF for a long period of time, but as we'll see in a bit, the mathematics aren't favorable, unless the Russell 2000 goes on an incredible bull run. The most obvious reason to consider the Direxion Daily Small Cap Bull 3X Shares ETF is for its performance potential. While the long-term mathematics typically don't work out to an exact 3X multiple, if the Russell 2000 rises by, say, 20% next year, there's a good chance that this ETF will produce very strong returns. Second, using a leveraged ETF is far easier than setting up a leveraged investment on your own with things like futures contracts and index options. There's a significant cost (more on that in the next section), but the fund managers are doing the heavy lifting for sure. Because of the triple-leveraged nature of the Direxion Daily Small Cap Bull 3X Shares ETF, it is naturally going to be more volatile than a standard Russell 2000 ETF. This is true whether the investment is going well or not. In addition, specialized ETFs typically have above-average fees, and this is no exception. In fact, the Direxion Daily Small Cap Bull 3X Shares ETF has a 1.03% net expense ratio, which is certainly on the high end, even for actively managed ETFs. Last, and perhaps most important, is the fact that this ETF is set up to produce three times the daily returns of the Russell 2000, not its long-term returns. To be perfectly clear, this ETF will not produce exactly three times the returns of the Russell 2000 over the long term. This is illustrated in the fund's performance over long periods: Period Russell 2000 (Annualized) TNA ETF (Annualized) One year -4% -31% Three years 0.5% -21.8% Five years 13.3% 12.8% 10 years 6.3% -3.8% Data source: Direxion as of March 31, 2025. Table by author. This table shows why the mathematics of daily compounding and leveraged ETFs generally don't mix well, unless the underlying index is performing phenomenally well. Even in periods where the Russell 2000 does reasonably well, like its 6.3% annualized return over the past 10 years, it's entirely possible for a leveraged ETF to decline. Think of it this way: If you had invested $10,000 in a standard Russell 2000 ETF 10 years ago, you'd have about $18,400 today. The same amount invested in the Direxion Daily Small Cap Bull 3X Shares ETF would be worth about $6,790. Before you buy and hold this, be aware that it's highly unlikely to deliver strong results over the long term. Let's be perfectly clear: If you buy shares of a Russell 2000 ETF like the Vanguard Russell 2000 ETF (NASDAQ: VTWO), you're investing. If you buy shares of the Direxion Daily Small Cap Bull 3X Shares ETF, you are speculating. This is a highly risky ETF, and even if it works out well, it is likely to be extremely volatile over short periods. Plus, the mathematics of daily compounding and leverage simply aren't in favor of long-term outperformance. I'm not saying that nobody should buy it. In full disclosure, I have a (very) small position in this ETF in my own portfolio, and I own it because I think small caps are undervalued right now, and I hope to take advantage of a temporary mispricing. But my investment in a standard Russell 2000 ETF is about 20 times the size, and it's important not to invest any money in a leveraged ETF like this that you can't afford to lose. Before you buy stock in Direxion Shares ETF Trust - Direxion Daily Small Cap Bull 3x Shares, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Direxion Shares ETF Trust - Direxion Daily Small Cap Bull 3x Shares wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Matt Frankel has positions in Direxion Shares ETF Trust - Direxion Daily Small Cap Bull 3x Shares and Vanguard Russell 2000 ETF. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2 Reasons to Buy TNA, and 3 Reasons Not To was originally published by The Motley Fool Sign in to access your portfolio
