The Trump Administration Launches "Project Prometheus" With These Nuclear Energy Stocks (Hint: NuScale Didn't Make the Cut)
3 nuclear start-ups are partners in the AI-focused nuclear program.
Overview
It was a big day for nuclear power in the U.S. as the Trump Administration unveiled the recipients of 278 research projects being funded through the Department of Energy’s (DoE) Genesis Mission on Wednesday.
The Prometheus project, which leverages artificial intelligence (AI) for nuclear development, was a big winner, receiving a Phase II award of $60 million over three years. It’s one of the biggest investments in decades in cutting-edge nuclear technologies.
Details
The major partners of Project Prometheus include four of the DoE’s 17 National Laboratories: Idaho, Oak Ridge, Argonne, and Sandia. Major research universities, including North Carolina State and Penn State, are also involved.
Source
Originally published at www.fool.com.