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NOV sells Shepherd Power to Natura Resources, signs supply chain MOU · Endata

◂ Announcements

Power Generation Equipmentworld trade 2024+2.1% 5Y CAGR

Dec 10, 2025ACQUISITIONUnited States

NOV sells Shepherd Power to Natura Resources, signs supply chain MOU

NOV has sold its advanced nuclear development company Shepherd Power to Natura Resources in a stock-for-stock transaction. NOV becomes an investor in Natura and signed an MOU to provide manufacturing and project management support for Natura's molten salt reactor deployment.

Status

Completed

Productsadvanced small modular nuclear reactorsmolten salt reactors

CompaniesNOV partner Shepherd Power target Natura Resources acquirer

Sectors#Power Generation Equipment

“This strategic transaction will accelerate commercialization of our molten salt reactor technology and enhance our ability to offer comprehensive power solutions to customers.”investors.nov.com

1 source
investors.nov.comNOV Announces Sale of Advanced Nuclear Development Company Shepherd Power to Natura Resources in Stock for Stock Transaction | NOVDec 10, 2025

Summarized from public sources; check the original articles before acting on it.

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