Palisades Gold Radio · Thursday, October 1, 2026
The entry of major tech companies, termed 'hyperscalers', into the uranium market is creating a significant disruptive catalyst, according to Justin Huhn. These companies are not only engaging in long-term power purchase agreements but are also showing keen interest in Small Modular Reactors (SMRs). Huhn anticipates that some hyperscalers, like Amazon or Meta, may soon sign long-term uranium offtake agreements, directly competing with nuclear utilities for supply.
“And we've seen a complete new buyer enter the market, which is the big tech companies and hyperscalers in terms of electricity demand.”
“Somebody like Amazon, somebody like Meta actually signing a long term uranium offtake or a long term contract.”
“And so that's something is that is highly likely to to disrupt this market”