tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MaireTecnimont’s NEXT-N Secures Major Contract for Nuclear Plant Design

Story Highlights
  • MaireTecnimont’s NEXT-N wins a 70 million euro contract for nuclear plant design.
  • The project aims to commercialize newcleo’s reactor technology and promote zero-emission chemistry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MaireTecnimont’s NEXT-N Secures Major Contract for Nuclear Plant Design

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

MaireTecnimont SpA ( (IT:MAIRE) ) has shared an announcement.

MaireTecnimont SpA, through its subsidiary NEXT-N, has secured a 70 million euro contract from newcleo SA to develop the basic design of a new generation nuclear plant’s conventional island and balance of plant. This initiative marks the launch of NEXT-N, which aims to create new intellectual property and provide technical services for nuclear energy and low-carbon chemistry. The project is expected to accelerate the commercialization of newcleo’s advanced modular reactor technology and integrate it with hydrogen and ammonia technologies, promoting zero-emission chemical production. The collaboration is set to transform the Italian supply chain and foster new skills in Italy and Europe.

The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR13.50 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.

More about MaireTecnimont SpA

Average Trading Volume: 404,587

Technical Sentiment Signal: Buy

Current Market Cap: €4.1B

Find detailed analytics on MAIRE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1