Next up was a call on $RR. (-1,28 %) got caught.

It is important to note that the securities that were stopped out were always normal warrants with a limited remaining term and therefore falling time values and premiums, which leads to falling prices the closer you get to the expiration date.

I have been looking at it for 1-2 weeks $RR. (-1,28 %) I am surprised that nobody is talking about it, I think it could be a good thing even if +700% have already been accumulated there over the last few years

$GE (+0,71 %) Big short opportunity after plane crash? They built the engines of the ill-fated plane. If the engines were the cause, things are likely to go downhill. We India had probably opted for the GE engines and not for those from $RR. (-1,28 %) In $RR. (-1,28 %) But I am already invested long. They are also falling today because airlines are probably allowed to decide which Boeing engines can be used for the Dreamliner. According to the article below, however, Air India has chosen the $GE (+0,71 %) chosen

https://www.geaerospace.com/news/press-releases/commercial-engines/air-india-signs-agreement-become-genx-service-provider#:~:text=The%20GEnx%2D1B%20engine%20will,for%20more%20than%20four%20decades.

hello everyone, I wanted to take the opportunity of the European oar to make some money, I have about €200 I can invest, but I am undecided between these three stocks $RR. (-1,28 %)
$BA. (-0,62 %)
$DEZ (+0,69 %)

what do you guys recommend?

$IE0002Y8CX98 (-0,29 %) - WisdomTree Europe Defense UCITS ETF - EUR Acc

TOP 10

$RHM (-0,32 %)

$LDO (-0,24 %)

$SAAB B (-0,74 %)

$BA. (-0,62 %)

$HO (-0,99 %)

$RR. (-1,28 %)

$AIR (+0,45 %)

$SAF (-1,38 %)

$KOG (-0,41 %)

$MRO (+0,42 %)

https://api.fundinfo.com/document/b9034489473e1a780e6657260ca4fb58_248438/MR_DE_de_IE0002Y8CX98_RES_2025-03-07.pdf

"The index was developed by WisdomTree, Inc. ("WT"). The selection of European

companies in the index is based on their share of sales from the defense sector. The Index also seeks to exclude companies associated with weapons that are banned under international law, such as cluster munitions, anti-personnel mines, and biological and chemical weapons. The index also seeks to exclude companies that violate certain generally accepted international norms and standards, such as the principles of the United Nations Global Compact.

At least 20 stocks that meet the revenue share criteria as well as additional minimum requirements regarding market capitalization and liquidity are selected for inclusion. The selected companies in the index are weighted according to free float-adjusted market capitalization - adjusted by the exposure score - while complying with the upper limits and criteria defined in the index methodology.

The index is rebalanced every six months."

#wisdomtree
#europe
#defense
#etf
#defenseetf
#rheinmetall
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#thales

Anyone who considers SMR an important topic can now look forward to the latest insights from the NuScale ($SMR ) analyst conference. The conference on the fourth quarter and full year 2024 provided exciting insights into the company's progress and future plans.

John Hopkins, President and CEO, began with a review of the year 2024, which was characterized by significant progress in the commercialization of the Small Modular Reactor (SMR) technology. was characterized. Particular emphasis was placed on the improved financial situation of the company.

An important point was the RoPower project in Romania, in which NuScale installed a 6-module SMR plant with an installed capacity of 462 megawatts on the site of a decommissioned coal-fired power plant in Doicesti. NuScale is thus actively supporting the Romania's energy security and decarbonization initiatives. The FEED phase 2 (Front-End Engineering and Design) under the management of Fluor is generating significant revenue and cash flow for NuScale.

Hopkins emphasized that NuScale is the only near-term SMR on the market. on the market. While other announced SMR projects in the US are focused on demonstration plants that can only receive approval from the US Nuclear Regulatory Commission for commercial operation after several years of operation, NuScale has already invested over 2 billion US dollars in the development and licensing of its technology. licensing of its technology and has received design certification from the NRC design certification.

Another important step is the technical review of the improved FDA application to the NRC to increase the increase the electrical output per module from 50 to 77 megawatts. The decision on this is expected by mid-2025. This step is intended to broader range of customers and increase the economic efficiency increase economic efficiency.

In the area of manufacturing, Hopkins announced that the strategic partner Doosan Enerbility continues to make progress in the production of the first six NuScale power modules. In addition, based on discussions with customers about 12-module configurations
preproduction materials for six additional modules ordered. This means that there are now twelve modules in productionwhich underlines the confidence in the customer pipeline and the commitment to delivery by 2030.

The increasing demand for energyespecially due to the reshoring trend in manufacturing, the electrification of industries and the need for data centers for artificial intelligence (AI)was identified as a key growth driver. Hopkins referred to a report by the US Department of Energy, according to which the energy consumption of data centers could triple in the next three years and could account for up to 12% of national electricity consumption by 2028.

Given the fact that power capacity additions in the US are mainly based on intermittent sources and short-term battery storage, NuScale storage, NuScale sees a massive opportunity to provide clean baseload energy. The world's largest technology companies are driving this demand. Meta is planning up to 4 gigawatts of new nuclear energy for its AI and sustainability goals.

Hopkins also mentioned the ongoing innovations in the field of hydrogen production. A white paper release from Dr. Jose Reyes, NuScale's Chief Technology Officer and co-founder, highlighted how NuScale is benefiting from tax credits for the production of clean hydrogen production.

Hopkins concluded by emphasizing the support for advanced nuclear energy and the government's initiatives to promote SMRs. He also pointed out that NuScale no additional hurdles in connection with HALEU fuels (High-Assay Low-Enriched Uranium) that are required for other Generation 4 SMR technologies.

Robert Hamady, Chief Financial Officer, provided an overview of the financial results. NuScale's NuScale's cash position improved significantly and reached USD 446.7 million at the end of 2024. This is due to a mandatory redemption of warrants which generated net proceeds of USD 227.7 million. For the fourth quarter of 2024, NuScale reported revenue of revenue of 34.2 million US dollars and a net loss of 180.3 million US dollars. reported. For the full year 2024, revenue amounted to turnover amounted to 37 million US dollars and the net loss amounted to 348.4 million US dollars. The operating expenses were significantly reducedresulting in an annual savings of more than 108.6 million US dollars. resulted.

In the subsequent Q&A session the analysts addressed various aspects:

George Gianarikas (Canaccord Genuity) asked about potential bottlenecks in the signing signing an agreement with a large data center company in the USA. Hopkins explained that it was not about bottlenecks, but about the complexity of putting these projects togetherinvolving NuScale as the power module provider, ENTRA1 as the owner and other contractors.

Gianarikas also asked for more details on the parameters parameters or conditions for revenue recognition in the fourth quarter. Hamady explained that the revenue from the provision of services and the progress in the provision of services or the delivery of an item in connection with the in connection with the licensing of technology and subcontracts in the area of EPC work.

Esteban Albarracin (TD Cowen) asked about the forged reactor components from Doosansix of which are destined for the Romanian plant. He wanted to know if the additional six had not yet been booked by another, as yet unannounced, customer. Hopkins confirmed this and explained that this was to shorten lead times, shorten lead times. Hamady clarified that NuScale does not manufacture reactors, but rather preproduction materials for twelve NuScale power modules.

Another analyst inquired about the 800 million dollar grant for Gen 3 reactors in the U.S. and whether NuScale would apply for it. Hopkins said he would be having discussions with the Department of Energy this week to get more clarity. Clayton Scott added that they are evaluating the situation in collaboration with ENTRA1 and some of their off-taker partners.

Eric Stine (Craig-Hallum) asked about the upgrade to 77 megawatts and the remaining steps. Hopkins replied that the technical technical requirements for the NRC were almost completely fulfilled and that it was now a matter of the administrative process. He was confident that the schedule could be met or even exceeded.

Stine asked about the increasing demand for nuclear energy and whether there is a whether there has been a change in the view of traditional nuclear power plants and the restart of decommissioned plants. plants. Hopkins replied that he did not know how many plants could actually be restarted and that he believed that Small Modular Reactors are the future are the future. Clayton Scott agreed and said that there were not many plants left that could come out of the restart program.

Hopkins concluded by emphasizing that NuScale is a first mover in this area and is ready to deliver clean energy at scale.

An exciting company in an exciting sector! It remains to be seen whether this technology will actually catch on.

Other companies that are active in the SMR sector include Rolls Royce ($RR. (-1,28 %) ) and Oklo ($OKLO )

Siemens Energy and Rolls-Royce design mini-nuclear power plants

Siemens Energy $SIE (+0,41 %) and Rolls-Royce $RR. (-1,28 %) have recently signed an exciting supply contract to develop mini nuclear reactors in the UK. These new modular reactors are not only simpler but also cheaper to build than the conventional nuclear power stations we are familiar with. Siemens Energy will provide key equipment such as steam turbines and generators. An official contract is expected to be signed by the end of the year, further increasing the anticipation for this innovative technology.

With an impressive output of up to 470 megawatts, the planned reactors could supply around 1.1 million households with electricity. Nevertheless, there are also critical voices: Opponents of nuclear power warn that a large number of smaller plants could bring new risks. The nuclear industry, on the other hand, emphasizes the advantages of this technology and sees it as a forward-looking solution. In countries such as the UK, Czech Republic and Poland, the development of such small modular reactors is being driven forward, while Germany is phasing out nuclear energy.

Health insurance companies call for measures to tackle deficit

The health insurance funds are facing an unexpectedly large challenge: the deficit is higher than expected. The head of the association, Pfeiffer, is pushing for immediate measures to stop the continuous rise in expenditure. She is proposing an expenditure moratorium to ensure that health insurance funds do not spend more than they earn with the current contribution rates. Price or fee increases that exceed current revenues should be avoided. This step would give politicians the time they need to tackle the necessary structural reforms in the healthcare system. A fundamental change of course in healthcare policy is considered urgently necessary in order to stabilize the financial situation of the health insurance funds in the long term.

Sources:

https://www.n-tv.de/wirtschaft/Siemens-Energy-entwickelt-mit-Rolls-Royce-Mini-Atomkraftwerke-article25597452.html

https://www.spiegel.de/wirtschaft/krankenkassen-defizit-hoeher-als-erwartet-verband-fordert-massnahmen-a-cd7e2e02-70f5-4125-b201-00bdfc72f15b