Fluor Inks MoU With Longview Fusion Energy Systems To Support Power Commercialization

Fluor Corp FLR has signed a memorandum of understanding with Longview Fusion Energy Systems, Inc. to support laser fusion power commercialization.
Under the MoU, Fluor will leverage its experience in developing and constructing complex, large-scale facilities to provide preliminary design and engineering to support the development of Longview's fusion-powered plant.
Tom D'Agostino, group president of Fluor's Mission Solutions business, said, "From developing and constructing large-scale energy facilities to designing, building and operating complex chemical processing and innovative industrial projects, our expertise helps clients reduce greenhouse gas emissions, improve energy efficiency and deliver cleaner, decarbonized projects."
Price Action: FLR shares are trading lower by 0.78% at $30.40 on the last check Tuesday.