Energy
Ananym Capital Urges BWX to Make Commercial Nuclear Reactors
The BWX Technologies Inc. logo on a smartphone.
Photographer: Cheng Xin/Getty ImagesActivist fund Ananym Capital Management is pushing nuclear technology company BWX Technologies Inc. to tap its nuclear reactor manufacturing capabilities for commercial use.
Ananym said BWX has the potential to more than double its market value by 2028 through licensing or developing its own design for a small modular reactor, or SMR, according to a presentation by co-founder and Chief Investment Officer Alex Silver.