Sentiment Analysis of the earnings transcript to help figure out if there are any bullish or bearish sentiments that could be gathered from it. We're doing ML and AI based analysis on the earnings call to get some more insights.
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| Statement |
|---|
| We are ready for near term deployment and currently produce a new scale power modules, which provide customers with unmatched flexibility for a variety of applications |
| Our industry leading position in the SMR space continues to grow |
| Our pipeline is stronger than ever, and we are nearing a realization of commitment to deliver reliable clean energy at scale |
| Again, as we stated before, NuScale, we believe is well positioned and we are a first mover in the SMR space |
| Now to begin, as you will see in Slide 3, we have invested more than $1.8 billion to build sustainable, competitive advantages in technology, regulatory approvals, supply chain and manufacturing readiness, all of which brings tremendous credibility to our business development pipeline |
| I think, we are all very proud of where we got and what it means for the business overall |
| I think everyone’s really very proud despite the fact that we didn’t get to the finish line |
| We really made a lot of great accomplishments with CFPP |
| So I’m very proud of the cost accomplishments over the years that we have had with that customer and that project and that business is business Ramsey Hamady And just to buttress John’s earlier point, we anticipate half approximately of the cost that we incurred the development then incurred the generic development that moves with us to other projects that informs our future business |
| We have vetted them well, and we feel that Standard Power is a great customer for us |
| This is what we do for a living, and we feel strongly that the business model that ENTRA1 has developed has been a great enabler |
| So we feel we are in a very good position |
| These projects will power nearby data centers and represent a significant economic boost for their respective communities |
| So I think that, just as a general comment, Mark, and really important here is, we feel we are a very good cash position |
| We are pleased with our progress in the steps we are taking towards program commercialization, especially relative to competition |
| NuScale well positioned to meet this need through the sale and licensing of our power plants and supplying NPMs and other equipment services in connection with these sales |
| Our continues world-class technology and IP, operational and regulatory excellence, deep NuScale experience, a highly capable partner and a derisk supplier ecosystem will continue to support our ability to generate long-term value shareholders |
| We are incredibly proud that the developers and customers are selecting NuScale modules as their technology of choice to power their projects and meet their carbon free energy objectives |
| In summary, our competitive position is stronger than ever |
| We remain bullish on the future and our agreement with ENTRA1 and Standard Power to not even scratched the surface, so to speak, of demand we see around the world |
| We continue to consistently deliver on our milestones in this area, demonstrating our team's ability to effectively execute |
| This laid a solid foundation for the next contract phase |
| Accelerating the realization of the tremendous opportunities in our pipeline with regard to RoPower, we are advancing into the next phase of development |
| So if you look at what I would call sum cost most of the achievements are going to benefit our next customer |
| NuScale’s advanced stage of development has derisked nuclear energy for our customers, while establishing a first mover leadership position, that supports our near-term commercialization efforts |
| We continue to get great support from our government |
| The progress made here will benefit all of our future customers |
| Importantly, we are working to assure a successful transfer of long lead materials for the next six NuScale power modules currently under development to be used by another customer |
| When forgings will be assembled and machined to their final dimensions, we are not aware of another North American SMR vendor that has progressed to the manufacturing phase, and we are excited to continue leading the way for the industry |
| Our ability from a scalability where we can offer 46 up to 924 megawatts, that whole coal refurbishment |
| Statement |
|---|
| During the nine months period ending September 30th, our operating cash flow was negative 110 million |
| So we think fourth quarter will be down from the 197 to about, 147, 158 |
| And we know that there have been doubts in the market and we can’t we look forward to dispelling those doubts |
| And with all the hard work that went into it, it was just not achievable |
| Despite significant efforts by both parties to advance the CFPP, it appeared unlikely that the project would have enough subscription to support deployment |
| This is what many of our customers want and the level of interest in our technology has never been higher |
| Due to NuScale incurring, a 35.4 million additional expense resulting from the anticipated termination of the - agreement |
| And ultimately subscriptions are something that we are not our control |
| I think it is unfortunate that we can’t release too much information to the market at this stage, but we expect to in the very near-term |
| I want to pause here and set the record straight on recent and irresponsible speculation |
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