From what I understand they're different markets, XE units would be more grid-scale where BWXT units are smaller and more practical for deployment in off-grid/micro-grid settings...
Having seen what I did working on the BES I'm more bullish on off-grid/micro-grid in the near term awhile given all the friction getting stuff connected to the grid, but the pumpamentals are still there if they can execute... probably just a longer time horizon.
Biggest thing is XE is more speculative, where BWXT somewhat de-risked since they already sell SMR's and have for decades and they're the go-to for the defense complex which can print at will to buy moar. XE probably wefinitely worth throwing in the basket though, just at a lower weighting.
UEC probably worth leaving in the basket, all the fuel vendors will rip once anyone starts ramping deployments.
From what I understand they're different markets, XE units would be more grid-scale where BWXT units are smaller and more practical for deployment in off-grid/micro-grid settings...
Having seen what I did working on the BES I'm more bullish on off-grid/micro-grid in the near term awhile given all the friction getting stuff connected to the grid, but the pumpamentals are still there if they can execute... probably just a longer time horizon.
Biggest thing is XE is more speculative, where BWXT somewhat de-risked since they already sell SMR's and have for decades and they're the go-to for the defense complex which can print at will to buy moar. XE probably wefinitely worth throwing in the basket though, just at a lower weighting.
UEC probably worth leaving in the basket, all the fuel vendors will rip once anyone starts ramping deployments.