The U.S. Army Will Spend $2.2 Billion on Micro Nuclear Reactors. These 2 Stocks Should Benefit.
Small modular reactors (SMRs) continue to gain more investment.
Overview
Nuclear power is going miniature. On Aug. 27, the U.S. Army approved $2.2 billion in funding for micro nuclear reactors. Five developers were selected, each of whom will deliver a microreactor to a U.S. Army site.
The move is part of the Janus Program, which was launched last October. "Executive Order 14299-Deploying Advanced Nuclear Reactor Technologies for National Security-was signed by President Donald Trump in May 2025 and aims for operation of an Army-regulated nuclear reactor at a domestic military installation no later than 30 September 2028," reports World Nuclear News.
Details
The goal seemingly isn't just to power U.S. military sites with nuclear energy. Instead, it appears that military spending and the adoption of nuclear technology will be used to kick-start more civilian projects.
Source
Originally published at www.fool.com.