STOCK TITAN

Studsvik extends its software capability for remote condition monitoring and loss of off-site power resiliency in nuclear plants

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Studsvik has acquired the BlackStarTech product line from Constellation, America's largest carbon-free energy producer. The acquisition combines BlackStarTech's mission-critical energy storage solutions with Studsvik's advanced software capabilities, aimed at modernizing and extending nuclear plant lifespans globally.

The technology, already implemented across various US plants, focuses on plant resiliency and operational cost reduction. The solution will be integrated under the Studsvik Scandpower Group, led by President Art Wharton. According to CEO Karl Thedeen, this acquisition strengthens Studsvik's position in supporting nuclear station resilience.

The company states that the acquisition is not expected to materially impact Studsvik Group's financial results or position during 2025. Silver Tree Advisors served as financial advisors for the transaction.

Studsvik ha acquisito la linea di prodotti BlackStarTech da Constellation, il più grande produttore di energia carbon-free negli Stati Uniti. L'acquisizione combina le soluzioni di stoccaggio energetico mission-critical di BlackStarTech con le avanzate capacità software di Studsvik, con l'obiettivo di modernizzare e prolungare la vita delle centrali nucleari a livello globale.

La tecnologia, già implementata in vari impianti negli Stati Uniti, si concentra sulla resilienza degli impianti e sulla riduzione dei costi operativi. La soluzione sarà integrata nel gruppo Studsvik Scandpower, guidato dal presidente Art Wharton. Secondo il CEO Karl Thedeen, questa acquisizione rafforza la posizione di Studsvik nel supportare la resilienza delle centrali nucleari.

L'azienda afferma che l'acquisizione non dovrebbe avere un impatto significativo sui risultati finanziari o sulla posizione del Gruppo Studsvik durante il 2025. Silver Tree Advisors ha fornito consulenza finanziaria per la transazione.

Studsvik ha adquirido la línea de productos BlackStarTech de Constellation, el mayor productor de energía libre de carbono en Estados Unidos. La adquisición combina las soluciones de almacenamiento de energía críticas de BlackStarTech con las avanzadas capacidades de software de Studsvik, con el objetivo de modernizar y extender la vida útil de las plantas nucleares a nivel global.

La tecnología, ya implementada en varias plantas estadounidenses, se centra en la resiliencia de las plantas y en la reducción de costos operativos. La solución se integrará en el grupo Studsvik Scandpower, dirigido por el presidente Art Wharton. Según el CEO Karl Thedeen, esta adquisición refuerza la posición de Studsvik en el apoyo a la resiliencia de las estaciones nucleares.

La empresa afirma que se espera que la adquisición no afecte significativamente los resultados financieros o la posición del Grupo Studsvik durante el 2025. Silver Tree Advisors actuó como asesores financieros para la transacción.

Studsvik는 미국의 가장 큰 탄소 없는 에너지 생산업체인 Constellation로부터 BlackStarTech 제품 라인을 인수했습니다. 이번 인수는 BlackStarTech의 필수 에너지 저장 솔루션과 Studsvik의 고급 소프트웨어 역량을 결합하여 전 세계적으로 원자력 발전소의 현대화 및 수명 연장을 목표로 하고 있습니다.

이미 여러 미국의 발전소에 구현된 이 기술은 발전소의 탄력성 및 운영 비용 절감에 중점을 두고 있습니다. 이 솔루션은 Art Wharton 회장 아래의 Studsvik Scandpower 그룹에 통합될 것입니다. CEO인 Karl Thedeen에 따르면, 이번 인수는 Studsvik의 원자력 발전소의 탄력성 지원을 강화합니다.

회사는 인수가 Studsvik 그룹의 2025년 재무 결과나 위치에 실질적인 영향을 미치지 않을 것으로 예상한다고 전했습니다. Silver Tree Advisors는 이번 거래에 대한 재정 자문 역할을 했습니다.

Studsvik a acquis la gamme de produits BlackStarTech de Constellation, le plus grand producteur d'énergie sans carbone en Amérique. Cette acquisition associe les solutions de stockage d'énergie critiques de BlackStarTech aux capacités logicielles avancées de Studsvik, visant à moderniser et prolonger la durée de vie des centrales nucléaires à l'échelle mondiale.

La technologie, déjà mise en œuvre dans diverses centrales américaines, se concentre sur la résilience des installations et la réduction des coûts d'exploitation. La solution sera intégrée au sein du groupe Studsvik Scandpower, dirigé par le président Art Wharton. Selon le PDG Karl Thedeen, cette acquisition renforce la position de Studsvik dans le soutien à la résilience des centrales nucléaires.

L'entreprise indique que l'acquisition ne devrait pas avoir d'impact significatif sur les résultats financiers ou la position du groupe Studsvik au cours de l'année 2025. Silver Tree Advisors a servi de conseiller financier pour la transaction.

Studsvik hat die Produktlinie BlackStarTech von Constellation, dem größten producenten von kohlenstofffreier Energie in Amerika, übernommen. Die Übernahme kombiniert die mission-kritischen Energiespeicherlösungen von BlackStarTech mit den fortschrittlichen Softwarefähigkeiten von Studsvik, mit dem Ziel, die Kernkraftwerke weltweit zu modernisieren und ihre Lebensdauer zu verlängern.

Die Technologie, die bereits in verschiedenen US-Werken implementiert ist, konzentriert sich auf die Widerstandsfähigkeit der Anlagen und die Reduzierung der Betriebskosten. Die Lösung wird in die Studsvik Scandpower-Gruppe integriert, die von Präsident Art Wharton geleitet wird. Laut CEO Karl Thedeen stärkt diese Übernahme die Position von Studsvik bei der Unterstützung der Widerstandsfähigkeit von Kernkraftwerken.

Das Unternehmen gibt an, dass die Übernahme voraussichtlich keine wesentlichen Auswirkungen auf die finanziellen Ergebnisse oder die Position der Studsvik-Gruppe im Jahr 2025 haben wird. Silver Tree Advisors fungierte als Finanzberater für die Transaktion.

Positive
  • Acquisition expands Studsvik's software capabilities in nuclear plant monitoring
  • Technology already proven and implemented across US plants
  • Strengthens company's position in nuclear station resilience solutions
Negative
  • No material financial impact expected from acquisition in 2025

BlackStarTech Product Line acquired from Constellation, the largest producer of carbon-free energy in USA.

NYKÖPING, Sweden, Feb. 10, 2025 /PRNewswire/ -- Studsvik is proud to announce it has completed the acquisition of the BlackStarTech product line from Constellation. The addition of BlackStarTech's mission critical energy storage solutions leverages Studsvik's strength in advanced software applications while aligning with its long held positioning as a key partner in supporting nuclear station resilience. The combination of BlackStarTech hardware and Studsvik's firmware and monitoring software will help to modernize, connect, and extend the life of nuclear plants globally. The proven technology solution has already been implemented at various plants across the USA.

"Our work with Constellation to provide plant resiliency and reduce operational maintenance and surveillance costs further demonstrates Studsvik's software capabilities that can benefit the industry. This solution will enable plants to pursue plant modernizations and efficiencies for lifetime extension projects. We are proud to usher these innovations into the global nuclear energy market under the leadership of the Studsvik Scandpower Group President, Art Wharton," said Karl Thedeen, Studsvik AB CEO.

The acquisition is not expected to have a financial impact of such materiality that it significantly affects Studsvik Groups results or financial position during 2025.

Studsvik was advised by Silver Tree Advisors, an independent financial advisory firm specializing in acquisition and strategy expertise for energy and industrial clients.

For more information please contact:
Karl Thedeen, President and CEO Studsvik AB, +46 (0)155-22 10 00
Melanie Joseph, Global Director of Marketing & Business Development, melanie.joseph@studsvik.com

About Constellation

Constellation is the nation's largest producer of carbon-free energy and provides sustainable solutions to homes, businesses, and public-sector customers across the continental United States.
www.constellationenergy.com

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has 530 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was released for public disclosure, through the agency of the contact person above, on February 10, 2025, at 08:00 am (CET).
www.studsvik.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/studsvik-ab/r/studsvik-extends-its-software-capability-for-remote-condition-monitoring-and-loss-of-off-site-power-,c4102829

The following files are available for download:

https://mb.cision.com/Public/4019/4102829/8c21b96da563be81.pdf

Studsvik BTS ENG

 

Cision View original content:https://www.prnewswire.com/news-releases/studsvik-extends-its-software-capability-for-remote-condition-monitoring-and-loss-of-off-site-power-resiliency-in-nuclear-plants-302372156.html

SOURCE Studsvik AB

FAQ

What is the expected financial impact of Studsvik's BlackStarTech acquisition on SUDKY in 2025?

According to the announcement, the acquisition is not expected to have a significant impact on Studsvik Group's financial results or position during 2025.

What technology did Studsvik (SUDKY) acquire from Constellation in February 2025?

Studsvik acquired the BlackStarTech product line, which provides mission-critical energy storage solutions and monitoring software for nuclear plants.

Where has Studsvik's newly acquired BlackStarTech technology been implemented?

The technology has already been implemented at various nuclear plants across the United States.

How will the BlackStarTech acquisition benefit SUDKY's nuclear plant services?

The acquisition will enhance Studsvik's ability to modernize, connect, and extend the life of nuclear plants globally while reducing operational maintenance and surveillance costs.

Studsvik Ab

OTC:SUDKY

SUDKY Rankings

SUDKY Latest News

SUDKY Stock Data

Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Link
Sweden
Nykoeping