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Holtec International has confidentially filed for an IPO, indicating a potential valuation over $10 billion and revenues above $500 million. The company is focused on the Palisades nuclear plant restart in Michigan, supported by a $1.5 billion DOE loan and NRC regulatory pathways.

The completion of the restart is now expected mid-2026. Holtec's subsidiary, Holtec Decommissioning International, is involved in decommissioning projects at Oyster Creek, Pilgrim, and Indian Point. SMR LLC is developing small modular reactors, aiming to deploy two SMR-300 units in Michigan and has obtained permission to export the design to India.

Holtec also canceled its HI-STORE project in New Mexico after prolonged legal challenges. The company is engaged in various energy sectors, including solar and geothermal.