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"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut
"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut
It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer.
The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion.
A $220 million oversubscribed PIPE at $10 per share plus up to $209 million from the SPAC trust should deliver as...
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Aug 31, 2026 / Tyler Durden
One Every Minute: These Numbers Are Unsustainable...
One Every Minute: These Numbers Are Unsustainable...
Authored by Steve Watson via Modernity News,
One migrant is now being granted settlement or citizenship in Britain every single minute, according to newly released Home Office figures.
In the three months to June 2026, 140,122 foreign nationals were given indefinite leave to remain or British citizenship - 1.07 people every 60 seconds. Across the full year, nearly 200,000 were handed indefinite leave to remain (ILR), a 16-year record and a 24 per cent jump on the year before. Another 245,520 were granted citizenship. Applications...
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Mar 15, 2026 / Tyler Durden
California Startup Starts Drilling World's First Underground Nuclear Borehole
California Startup Starts Drilling World's First Underground Nuclear Borehole
Authored by Jill McLaughlin via The Epoch Times (emphasis ours),
Deep Fission, a California-based nuclear energy startup, started drilling the world’s first underground nuclear borehole March 10 in Kansas, taking a major step forward in building small modular pressurized water reactors one mile below the surface.
The drill rig at the Deep Fission site in Parsons, Kansas. Deep Fission
The test project is being funded as part of the Trump administration’s plan to breathe new life into the American nuclear sector by investing in...
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Oct 27, 2026 / Tyler Durden
FBI Raids Beverly Hills Mansion Tied To Eric Swalwell Probe
FBI Raids Beverly Hills Mansion Tied To Eric Swalwell Probe
FBI agents searched a Beverly Hills mansion on Tuesday morning as part of the criminal investigation of former Rep. Eric Swalwell, Fox News reports. FBI spokesperson Lourdes Arocho told the Los Angeles Times: "We are executing a search warrant. Court documents are sealed. No arrests are planned."Fox identified the home as belonging to billionaire Stephen Cloobeck, a longtime Swalwell supporter. CNN's sources said only that it is owned by a Swalwell donor, and the Times placed the search on North...
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