Holtec is a vertically integrated nuclear technology company that provides equipment and services across the nuclear plant lifecycle. The company’s primary revenue comes from designing and manufacturing spent nuclear fuel storage and transportation systems, including wet storage racks and dry storage casks. Holtec provides these systems to global utilities and government agencies under long-term contracts. Through its decommissioning business, Holtec manages the dismantlement and remediation of retired nuclear sites. The company is currently transitioning this business to a services-based model to provide decommissioning for third parties. Holtec is also restarting the Palisades nuclear plant, which is expected to begin selling power under fixed-price power purchase agreements in 2026. A central part of Holtec’s growth strategy is the development of the SMR-300, a proprietary small modular reactor. The company plans to deploy these reactors at its own sites and for external customers starting in the early 2030s. Holtec operates through two segments: the Nuclear Power Division, which houses its storage and engineering services, and the Palisades segment, which manages the plant restart. The company leverages its own manufacturing facilities to self-produce components for its storage systems and future reactors.