BWX Technologies Inc Stock news
On June 17, 2026, BWX Technologies (NYSE: BWXT) announced a strategic licensing agreement with Applied Atomics for its mPower™ small modular reactor (SMR) technology. Under the terms of the deal, Applied Atomics has secured exclusive rights to develop and deploy land--based commercial nuclear facilities using the mPower design. BWXT retains all intellectual property ownership and will serve as the exclusive manufacturer of the reactor's critical components, while also receiving royalties on third--party production. This move effectively commercializes the previously shelved mPower program to meet the escalating electricity demands of AI data centers and industrial infrastructure.