Irving-based engineering and construction giant Fluor made a "significant investment" in the startup about a decade ago.
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SPAC mergers
NuScale made history last year as the first modular reactor to get U.S. Nuclear Regulatory Commission design approval.[Courtesy image: artist’s rendering of NuScale Power’s small modular nuclear reactor plant.]
Fluor-Backed NuScale Power to Go Public Via Dallas SPAC
by Quincy Preston | Dec 14, 2021
NuScale Power, a nuclear small modular reactor tech company in Oregon, plans to go public via a merger with Dallas-based Spring Valley Acquisition Corp. The combined company, NuScale Power Corporation, will have an estimated value of about $1.9 billion.
Irving-based engineering and construction giant Fluor made a "significant investment" in the startup about a decade ago.
Irving-based engineering and construction giant Fluor made a "significant investment" in the startup about a decade ago.
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Dallas-based software provider HighLevel Inc. has received a minority growth investment from General Atlantic, a global growth equity firm.
HighLevel is a provider of AI-powered sales and marketing automation software for marketing agencies, entrepreneurs, and small businesses, and it said the partnership with General Atlantic enables it to invest further in key growth and innovation initiatives across product and AI....
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Dallas-based Ashford Hospitality Trust Inc. has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million.
The company said all of the proceeds from the sale were used for debt reduction, including roughly $68 million to pay down its strategic financing....
Trending
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
The Importance of Infrastructure
SPONSORED AAM aircraft, primarily encompassing highly automated uncrewed electrically powered aircraft, represent a new paradigm in air transportation. Their commercialization will create a future where goods and passengers are transported with unprecedented efficiency and reduced environmental impact....
If you’re scrambling to make plans for the upcoming total solar eclipse on April 8, 2024, don’t panic. Even with limited time, North Texans can still have an unforgettable experience. Here are resources to help you make the most of the celestial event....
Dallas-based software provider HighLevel Inc. has received a minority growth investment from General Atlantic, a global growth equity firm.
HighLevel is a provider of AI-powered sales and marketing automation software for marketing agencies, entrepreneurs, and small businesses, and it said the partnership with General Atlantic enables it to invest further in key growth and innovation initiatives across product and AI....
Professional services firm Ernst & Young has announced the finalists for the Entrepreneur of the Year 2024 Southwest Award, including 45 from Dallas-Fort Worth. Only two finalists on the list are from outside of North Texas....
Dallas-based Ashford Hospitality Trust Inc. has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million.
The company said all of the proceeds from the sale were used for debt reduction, including roughly $68 million to pay down its strategic financing....
