Natura Resources LLC has acquired Shepherd Power from NOV Inc. to enhance its development of advanced molten-salt nuclear reactors aimed at meeting rising energy demands.

Information on the Target

Natura Resources LLC, a prominent developer of advanced molten-salt nuclear reactors, has acquired Shepherd Power from NOV Inc. This strategic acquisition aims to enhance Natura's capabilities in the burgeoning field of small modular reactor (SMR) technology, enabling them to leverage Shepherd Power's resources and expertise. The partnership is set to bolster the development and commercialization of innovative energy solutions.

Through this acquisition, Natura Resources will align its cutting-edge molten salt reactor design with NOV's extensive manufacturing, supply chain, and project management expertise. This integration is expected to facilitate the delivery of several gigawatts of SMRs tailored for data center and industrial applications from 2029 to 2032.

Industry Overview in the Target’s Specific Country

The nuclear energy industry has been undergoing a significant transformation globally, with increased focus on sustainable energy solutions and the advancement of smaller, more efficient reac