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UK’s Lloyds Banking Group Launches Platform For Developing AI Agents


Lloyds Banking Group has introduced Envoy, a groundbreaking internal platform designed to enable the secure and responsible development of AI agents at scale. Unveiled this month, the initiative underscores the financial institution’s commitment to harnessing advanced artificial intelligence while prioritizing governance, safety, and ethical deployment across its operations.

Envoy addresses a key challenge in modern banking: empowering teams to create and deploy AI tools efficiently without compromising on controls or risking inconsistencies.

The platform streamlines the process by offering pre-built templates, allowing colleagues to bypass lengthy development cycles and concentrate instead on solving tangible customer and business challenges.

Built in collaboration with Google Cloud, Envoy emphasizes scalability and collaboration.

Teams can easily share and repurpose AI agents organization-wide, reducing redundant efforts and fostering a more cohesive approach to innovation.

At its core, Envoy is engineered with robust safeguards to build confidence in AI adoption. It integrates seamlessly with Lloyds Banking Group’s established large language model infrastructure, ensuring every agent adheres to strict compliance standards and behavioral guidelines.

From the outset, the platform incorporates automated risk assessments and mandatory human oversight for critical decisions, guaranteeing that only thoroughly vetted agents progress to wider use.

Once operational, continuous monitoring features provide complete visibility into agent performance, complete with detailed audit logs. This transparency not only maintains accountability but also enables rapid identification and resolution of any issues.

One of Envoy’s most practical innovations is its support for seamless, context-aware interactions.

Agents can retain relevant information from ongoing conversations while strictly observing data privacy protocols and retention limits.

This capability is particularly valuable for enhancing customer journeys, eliminating the frustration of repeating details during follow-up interactions.

Furthermore, approved agents can be published to an internal marketplace, where colleagues across departments can discover, adapt, and expand upon proven solutions, accelerating innovation and promoting cross-functional efficiency.

Ron van Kemenade, Chief Operating Officer at Lloyds Banking Group, highlighted the platform’s transformative potential: it empowers staff to boost productivity, refine customer experiences, and explore bold new business opportunities.

Envoy forms a vital component of the bank’s broader AI strategy, complementing existing tools and ensuring the most appropriate technology is applied to each task.

As the Group continues to expand its AI capabilities, the platform will receive ongoing enhancements throughout 2026, further strengthening its ability to support both colleagues and customers.

By launching Envoy, Lloyds Banking Group positions itself at the forefront of responsible AI integration in the financial sector.

The move not only promises greater operational agility but also reinforces the organization’s dedication to trust and accountability in an increasingly AI-driven landscape. As agentic AI reshapes industries worldwide, Envoy demonstrates how large institutions can innovate responsibly while upholding the standards of security and ethics.



Trump’s TrumpIRA Executive Order Rebrands Biden’s $1,000 Saver’s Match


President Trump signed an executive order on April 30, 2026, directing the Treasury Department to launch TrumpIRA.gov by January 1, 2027 — a new federal portal that will list low-cost IRAs eligible for a match of up to $1,000.

The benefit being promoted isn’t technically new, however, was created under the SECURE 2.0 Act, signed into law by President Biden in December 2022.

Why it matters: The order brands a federal IRA portal around the President’s name, but the underlying $1,000 match (the Federal Saver’s Match) was already scheduled to take effect in 2027 under existing bipartisan law. It replaces the older Saver’s Credit. The order does not create the match or appropriate new funding for it.

The Biden-era origin: The Federal Saver’s Match comes from Section 103 of SECURE 2.0. Starting in 2027, eligible savers under specific income thresholds can receive a 50% federal match on up to $2,000 in retirement contributions, capped at $1,000 per year. 

It replaces the older Saver’s Credit, a nonrefundable tax credit that encouraged savings. The order itself acknowledges this, stating its policy aim is to “increase public awareness of the Federal Saver’s Match enacted in the bipartisan SECURE 2.0 Act.”

What the order actually does:

  • Directs Treasury to build TrumpIRA.gov by January 1, 2027
  • Sets standards for listed IRAs: 0.15% maximum net expense ratio, index-based investment menus, no minimum balance requirements
  • Tells Treasury and Labor to issue worker-protection rules and guidance on charitable contributions to IRAs
  • Asks Treasury for legislative recommendations to codify portable, low-fee accounts for workers without employer plans

By the numbers: 

  • 50% annual match on contributions, up to $2,000 (for a maximum $1,000 in matching funds)
  • 0.15% max expense ratio on listed IRAs
  • January 1, 2027 launch deadline for TrumpIRA.gov

Who this targets: Independent contractors, gig workers, self-employed Americans, part-time employees, and small-business workers — groups that historically lack 401(k) access. The Thrift Savings Plan (TSP), referenced as a model, is the federal employee retirement system known for very low expense ratios.

How this connects: Roughly half of private-sector workers have no access to a workplace retirement plan, per BLS, and IRA contribution rates among gig workers remain low. The Saver’s Match (whatever name it carries) is the largest expansion of the Saver’s Credit since that program was created in 2001.

What to watch: Treasury still has to publish criteria for which IRA providers qualify, finalize how match contributions flow to accounts (the match is paid into the IRA, not the taxpayer), and resolve how non-filers will claim the benefit.

A deeper question is whether a federal “approved list” of private IRAs creates fiduciary risk and is likely to draw industry comment before the January 2027 launch.

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Best IRA Match Bonuses And Transfer Offers

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Editor: Colin Graves

The post Trump’s TrumpIRA Executive Order Rebrands Biden’s $1,000 Saver’s Match appeared first on The College Investor.

Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000



President Donald Trump said on Saturday that the U.S. will significantly reduce its troop presence in Germany, escalating a dispute with Chancellor Friedrich Merz as he seeks to scale back America’s commitment to European security.

The Pentagon on Friday had initially announced it would pull some 5,000 troops out of Germany, but when asked Saturday about the reason for the move, Trump didn’t offer an explanation and said an even bigger reduction was coming.

“We’re going to cut way down. And we’re cutting a lot further than 5,000,” Trump told reporters in Florida.

Earlier on Saturday, Germany’s defense minister appeared to take in stride the news that 5,000 U.S. troops would be leaving his country.

Boris Pistorius said the drawdown, which Trump has threatened for years, was expected, and he said European nations needed to take on more responsibility for their own defense. But he also emphasized that security cooperation benefited both sides of the trans-Atlantic partnership.

“The presence of American soldiers in Europe, and especially in Germany, is in our interest and in the interest of the U.S.,” Pistorius told the German news agency dpa.

The plan faces bipartisan resistance

The planned withdrawal faced bipartisan resistance in Washington, with swift criticism from Democrats and concern from Republicans that it would send the “wrong signal” to Russian President Vladimir Putin, whose full-scale invasion of Ukraine recently entered its fifth year.

Trump’s decision comes as he seethes at European allies over their unwillingness to join his campaign with Israel against Iran. He has lashed out at leaders like Merz, Spanish Prime Minister Pedro Sánchez and British Prime Minister Keir Starmer.

Merz last week criticized the war in Iran, saying the U.S. is being “humiliated” by the Iranian leadership and calling out Washington’s lack of strategy.

In another sign of friction, Trump accused the European Union of not complying with its U.S. trade deal and announced plans to increase tariffs next week on cars and trucks produced in the bloc to 25%, a move that would be particularly damaging to Germany, a major automobile manufacturer.

At least one EU lawmaker called the tariff hike “unacceptable” and accused Trump of breaking yet another U.S. commitment on trade.

US increased troops after Russian invasion of Ukraine

A pullout of 5,000 soldiers from Germany would amount to about one-seventh of the 36,000 American service members stationed in the country. The Pentagon offered few details about which troops or operations would be affected. The Pentagon on Saturday did not immediately respond to a message seeking details on the further reductions.

The withdrawal of the 5,000 troops is scheduled to take place over the next six to 12 months, according to the Pentagon. Trump previously said he would pull 9,500 troops from Germany during his first term, but he didn’t start the process and Democratic President Joe Biden formally stopped the planned withdrawal soon after taking office in 2021.

More broadly, around 80,000-100,000 U.S. personnel are usually stationed in Europe — depending on operations, exercises and troop rotations. The U.S. increased its European deployment after Russia launched its full-scale war on Ukraine in February 2022. NATO allies like Germany have expected for over a year that these troops would be the first to leave.

Pistorius, in his comments to dpa, said, “We Europeans must take on more responsibility for our security,” while stressing recent efforts by Germany to boost its armed forces, accelerate procurement and develop infrastructure.

NATO spokesperson Allison Hart, in a post Saturday on X, said the trans-Atlantic alliance was “working with the U.S. to understand the details of their decision on force posture in Germany.”

“This adjustment underscores the need for Europe to continue to invest more in defense and take on a greater share of the responsibility for our shared security,” she added, noting “progress” toward a target among NATO allies to each invest 5% of their economic output to defense.

A ‘thorough review’ prompted drawdown decision

Pentagon spokesperson Sean Parnell said in a statement that the “decision follows a thorough review of the Department’s force posture in Europe and is in recognition of theater requirements and conditions on the ground.”

A U.S. defense official, speaking on condition of anonymity to discuss sensitive matters, said the branches of the U.S. military didn’t have prior knowledge of the decision to draw down the 5,000 troops and learned about it “in real time.”

In response, the Defense Department reiterated that it conducted a thorough review of its force posture in Europe.

“The decision to withdraw troops in Germany follows a comprehensive, multilayered process that incorporates perspectives from key leaders in EUCOM and across the chain of command,” acting Pentagon press secretary Joel Valdez wrote in an email, using the abbreviation for U.S. European Command.

Most U.S. troops in Germany come from the Army and Air Force.

Germany hosts several American military facilities, including the headquarters of the U.S. European and Africa commands, Ramstein Air Base and a medical center in Landstuhl, where casualties from the wars in Afghanistan and Iraq were treated. U.S. nuclear missiles are also stationed in the country.

Withdrawal of 5,000 troops — the size of a brigade combat team — from Germany would likely have limited impact on combat power, but “in terms of messaging of U.S. commitment though, it’s very different,” another U.S. defense official said.

The only permanent brigade combat team in Germany is the 2nd Cavalry Regiment, alongside an aviation brigade and other assets, which is considered to have an important role in America’s — and NATO’s — ability to deter threats.

GOP lawmakers voice concern about withdrawal plan

After swift pushback from Democrats on Friday, Republican leaders of both armed services committees in Congress said Saturday they were “very concerned” about the troop withdrawal.

Sen. Roger Wicker of Mississippi and Rep. Mike Rogers of Alabama said the decision risked “undermining deterrence and sending the wrong signal to Vladimir Putin.”

They also said the Pentagon had decided to cancel the planned deployment of the Army’s Long-Range Fires Battalion. Parnell’s statement made no mention of that.

Wicker and Rogers said any significant change to the U.S. force posture in Europe warrants review and coordination with Congress.

“We expect the Department to engage with its oversight committees in the days and weeks ahead on this decision and its implications for U.S. deterrence and trans-Atlantic security,” they said in a joint statement.

They also noted that Germany has heeded Trump’s call to shoulder more of the burden of defense spending in Europe, while giving U.S. forces access to its bases and airspace in the war against Iran.

Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss



As AI threatens to wipe out jobs, the American dream—stable employment, a clear ladder to climb, and a company to grow old with—is quietly dying. More people are ditching the 9-to-5 to build something of their own. And Zoom is putting $150,000 behind the movement.

The $26 billion video conferencing giant is giving away $30,000 each to five solo business owners as part of its first-ever Zoom Solopreneur 50 rankings, shared exclusively with Fortune. No strings attached. 

The first-of-its-kind list, which showcases the top 50 solo entrepreneurs in the U.S., was selected by an independent jury of business leaders and academics from nearly 3,000 applications across 48 states and over 400 cities. 

“This program reflects where work is going—and the people already building there,” Zoom CMO Kim Storin told Fortune

“This isn’t about building billion-dollar companies. It’s about building sustainable, profitable businesses that support a life. That’s a modern version of the American Dream—where ownership, independence, and control are all enabled by technology.” 

33 million people have ditched traditional career paths

The timing is deliberate. As AI continues to reshape the workforce and hollow out traditional career paths, a new class of solo operators is quietly thriving. There are more than 33 million self-employed Americans, according to the U.S. Chamber of Commerce, with 82% of small businesses operating without a single employee. That’s precisely what sets solopreneurs apart from entrepreneurs. No team. No office. No cofounder. And Zoom wants to be the company that backs them.

“The Solopreneur 50 is our way of recognizing that shift early,”  Storin says. “It highlights a new class of builders who are redefining what a company looks like and proving that ambition today is shaped more by focus and capability than by size.” 

“For decades, scale meant headcount,” she adds. “That equation is breaking.” Now, she says, one person with the right tools can outperform entire teams built the old way—because the barriers that once kept solo operators small have largely disappeared. Zoom, naturally, counts itself among the tools making that possible.

And the breakdown of who applied for the grant further highlights that you no longer need to know how to code to build a thriving business. Just 5% of the founders were in the technology and SaaS sector.

In fact, services and consulting made up the biggest slice of solopreneurs at 20%—suggesting the most common path to going solo is simply monetizing expertise you already have. Close behind are founders in health, wellness, and social impact, pointing to strong purpose-driven motivations among those striking out alone.

As Zoom noted in its report, “the democratization of AI tools means technical skills are no longer prerequisites for building scalable businesses—a fundamental shift in who can participate in the innovation economy.” The proof is in the winners themselves, whose industries span everything from philanthropy to cake designing.

Meet the five solopreneurs splitting $150,000

To make it onto the list, candidates were evaluated on five criteria: the originality of their idea; evidence of real growth and sustainability; their impact on customers or communities; how authentically the business reflected the founder’s values; and their reach and influence in their field.

“What stood out was ambition combined with precision,” Storin says. “The best solopreneurs aren’t trying to do more; they’re ruthlessly focused on what only they can do, and they offload everything else to technology.”

As well as receiving cash to reinvest directly into their businesses, the 5 winners will gain access to Zoom mentorship, technology resources, and partnerships. 

Cierra Gross, founder of Worklution Inc, is using her $30,000 to grow Wrk Receipts—a workplace documentation tool already used by over 22,000 employees. 

“As a solo entrepreneur who is completely bootstrapped, I’m building without a large team or safety net, so this recognition affirms that the work I’m doing is not only needed, but impactful,” she tells Fortune. “It also creates more visibility for the mission behind my work, which is to provide people with information and tools they need to advance their careers and improve their lives.

Michael Odokara-Okigbo is putting his grant toward scaling NKENNEAi, his AI-driven platform for African language translation—working to make the continent’s languages more accessible and celebrated on a global stage.

Derek McCracken spent nearly a decade teaching agriculture in Ohio before launching The Owl’s Nest to give fellow educators ready-to-use classroom resources that actually inspire students. He’s using the $30,000 to bring in more teachers as contractors and expand his curriculum offering nationwide.

Dana Snyder of Positive Equation—which helps nonprofits attract supporters to their cause and build sustainable recurring revenue—is investing her grant into the visibility of the Monthly Giving Builder. “When more nonprofits have the tools to grow recurring giving programs, they can build the sustainable infrastructure they need to support their communities,” she says. “More monthly supporters means more generosity in the world, and that’s how I know I’ve done my job.”

And Angela Morrison of Cakes by Angela Morrison rounds out the five—a reminder that solopreneurship has no industry requirements, no tech prerequisites, and no ceiling.

And for anyone thinking of getting started, Snyder says there’s never been a better time.

“Nine years ago, solopreneurship felt lonely and isolating,” Snyder adds. “Today, the support and communities for female entrepreneurs are incredible. Add in AI and technology advancements, and building something global entirely on your own is limited only by your imagination and curiosity.”

Sagen profit slips in Q1 as claims rise and insurance margins tighten




Net income falls to $118 million as losses on claims more than double, while delinquencies edge higher

BMO Harris $1,500 Business Checking Bonus


BMO Harris Business Checking Bonus

🔃 Update: This offer is back again, for up to $1,500. This offer is valid through August 31, 2026.

  • To receive the Business Checking new account cash bonus of $400 (Tier 1):
    1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a BMO financial center between May 1, 2026 and August 31, 2026; and
    2. On Day 30, your account balance must be $4,000 or more; and
    3. From Day 31 to Day 90, your account balance must be $4,000 or more and it cannot drop below $4,000 during this period.
  • To receive the Business Checking new account cash bonus of $750 (Tier 2):
    1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a BMO financial center between May 1, 2026 and August 31, 2026; and
    2. On Day 30, your account balance must be $25,000 or more; and
    3. From Day 31 to Day 90, your account balance must be $25,000 or more and it cannot drop below $25,000 during this period.
  • To receive the Business Checking new account cash bonus of $1,000 (Tier 3):
    1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a BMO financial center between May 1, 2026 and August 31, 2026; and
    2. On Day 30, your account balance must be $50,000 or more; and
    3. From Day 31 to Day 90, your account balance must be $50,000 or more and it cannot drop below $50,000 during this period.
  • To receive the Business Checking new account cash bonus of $1,500 (Tier 4):
    1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a BMO financial center between May 1, 2026 and August 31, 2026; and
    2. On Day 30, your account balance must be $100,000 or more; and
    3. From Day 31 to Day 90, your account balance must be $100,000 or more and it cannot drop below $100,000 during this period.

BMO Harris Business Checking Bonus 2026

Details below are from the original article and have not been updated.


BMO Harris is offering two bonuses for business checking account. You can earn up to $750 in cash when you open a new account and complete requirements. This bank has been a hassle to deal with regarding personal bonuses but hopefully this BMO Harris $750 business bonus is less of a headache. Let’s see the details below.

How to Earn This Bonus

You can receive either the $350 bonus or the $750 bonus. You can apply online or at a BMO branch. If you select to open the account at a branch, you need to email yourself a promo code. Here’s how to earn the bonus:

To receive the $400 checking bonus:

  1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account.
  2. On Day 120 after account opening, your Average Collected Balance over the prior 120 days must be at least $4,000. The Average Collected Balance is calculated by adding the Collected Balance in the Account for each day of the 120 days and dividing that figure by 120.
  3. Have at least ten (10) electronic transactions post to the account within 120 days of account opening. Electronic transactions can be any combination of: ACH credits or debits, real-time payments, online bill payments, mobile deposits, wire transfers or debit card POS purchase transactions. ATM transactions and POS credits do not qualify as electronic transactions.

To receive the $600 checking bonus:

  1. Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account.
  2. On Day 120 after account opening, your Average Collected Balance over the prior 120 days must be at least $10,000. The Average Collected Balance is calculated by adding the Collected Balance in the Account for each day of the 120 days and dividing that figure by 120.
  3. Have at least ten (10) electronic transactions post to the account within 120 days of account opening. Electronic transactions can be any combination of: ACH credits or debits, real-time payments, online bill payments, mobile deposits, wire transfers or debit card POS purchase transactions. ATM transactions and POS credits do not qualify as electronic transactions.

Day 1 is the day you open your account and begins the tracking period. If you open your account on a day other than a Business Day, Day 1 is the next Business Day. The bonus you qualify for will be deposited into the new checking account within 14 days of meeting the respective promotion requirements stated above, approximately Day 130.

In order to receive the bonus, you must 1) meet the associated criteria for the respective offer mentioned above, 2) your checking account must be in an open status and in good standing with a balance greater than zero on the day of payment, and 3) be either a BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account.

Who is Eligible for This Bonus

To open an account, you must be a new customer and have a business that is located in one of the following states: Arizona, Florida, Illinois, Indiana, Kansas, Missouri, Minnesota, or Wisconsin. You can open an account in person at any BMO Harris branch in these states, or you can do so online.

If you are an existing BMO Harris business checking customer or have closed a BMO Harris business checking account within the past 12 months, you are not eligible for these offers.

You are only eligible for one (1) business checking bonus.

BMO Harris Account Fees

  • Essential Business Checking
    • $15 monthly maintenance fee waived with $1,500 Average Collected Balance
  • Business Advantage Checking
    • $20 monthly maintenance fee waived with $5,000 Average Collected Balance or $15,000 in collective balances
    • Fee waived for first three months

Guru’s Wrap-Up

BMO Harris is offering two bonuses, one for $400 and the other for $600m which is an improvement from the previous offer. There’s no direct deposit requirement, but you need to have an average balance of $4,000 or $10,000 for 120 days. You also need to complete 10 electronic transactions such as ACH transfers, debit purchases, bill payments and more.

Some data points in the past show that this might not be the easiest bank to deal with. The bonus takes 130 days to post and you might need to request it yourself. But the lack of a direct deposit requirement makes it easier for most people who are in eligible states.

There’s also a $1,000 bonus listed in the promotion page for a Elite Business Money Market account. However, you would need to deposit $100,000 to get the full bonus, and you need to keep the money tied up in the account for about four months. With current interest rates, that doesn’t make sense.

Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.


💡Link & Key Details

  • OFFER PAGE
  • Account Type: Business Checking
  • Availability: AZ, FL, IL, IN, KS, MO, MN, WI
  • Type of Inquiry: Soft pull
  • Direct Deposit Requirement: No
  • Other Requirements: 10 transactions and $4K or $25K deposit
  • Credit Card Funding: No
  • Monthly Fee: $15/$20 (can be waived)
  • Closing Account Fee: Must keep account open for 120 days to receive bonus
  • Expiration Date: 12/8/23 10/31/24 9/2/25 1/28/26 8/31/26

Email me if you find any other bonuses for bank account. Thank you for your help!

Evil Husband Forces Wife Into $372,130 Of Debt | Financial Audit



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Social Security Claiming Strategies for High-Net-Worth Clients


If benefits are claimed at age 62 and invested through age 70, the early claimant can accumulate a meaningful pool of capital before the delayed claimant receives any benefits.

Using illustrative assumptions:

  • Maximum benefit at age 62: $3,000 per month.
  • After-tax benefit, assuming approximately 68.5% retained after federal tax (37%*0.85): about $2,055 per month.
  • After-tax investment return: approximately 3.15% annually, equivalent to roughly 5% pre-tax for top-bracket taxable investors.
  • Monthly compounding.

Under these assumptions, the cumulative value of invested benefits at age 70 is approximately $220,000. By contrast, the individual who delays claiming until age 70 has accumulated no Social Security benefits during this period. Importantly, the $220,000 represents liquid, investable capital, not an annuity equivalent, and therefore constitutes the initial advantage of the early-claiming strategy.

Even if the after-tax investment return is reduced to half the illustrative assumption, the cumulative value at age 70 remains approximately $210,000. At twice the assumed return, cumulative invested benefits rise to approximately $255,000. Over very long horizons, investment returns matter more, but the payoff profile is asymmetric: higher returns have a greater impact on outcomes than lower returns.

Japan’s Katayama mum on suspected FX intervention amid Golden Week




Japan’s Katayama mum on suspected FX intervention amid Golden Week

The 2 Best Nuclear Energy Stocks to Buy Right Now


The global nuclear energy renaissance we’ve been seeing in the past few years has been driven by a few different factors, but one of the biggest is the energy needs of artificial intelligence (AI).

There was already a general push toward clean energy, but the rapid data center build-out to run AI programs has created an even larger demand for power.

One of the most promising solutions to the data center problem is the small modular reactor (SMR).

These pint-sized power plants work just like their larger counterparts but at a fraction of the size. The idea is that an SMR could be plopped in the middle of a cluster of data centers to power them without relying on the local grid.

Many companies are working on SMR technology, but lots of them are cash-strapped start-ups solely focused on SMRs. However, two of them, BWX Technologies (BWXT 0.02%) and Rolls-Royce (RYCEY +1.24%), are developing SMRs but with steady revenue streams from their existing business operations.

By my math, they’re two of the best nuclear energy plays right now, especially when it comes to SMR technology.

Image source: Getty Images.

One if by sea

Up first, BWX Technologies has been a leader in naval nuclear propulsion since the very beginning.

It designed and built components for the USS Nautilus, the world’s first nuclear-powered submarine, back in the 1950s. Since then, the company has built over 400 nuclear reactors for the U.S. Navy.

Since then, BWX has been on the bleeding edge of nuclear technology and it has a wealth of experience making nuclear reactors work on the smaller-scale demanded by the confines of a ship or submarine.

The company’s BWXT Advanced Nuclear Reactor (BANR) design is a modular factory-built nuclear power plant capable of generating 75 megawatts of power wherever it’s deployed. It’s being designed with data centers in mind and uses BWXT’s TRISO-coated fuel, which is more resistant to irradiation, corrosion, and high temperatures than conventional nuclear fuel.

And BWX is pretty far from a start-up. Its main business of nuclear engineering for the Navy means it has plenty of cash to put into developing the BANR. At present, the company runs a net profit margin of 10.31%. The whole of 2025 saw its revenues climb 18% over 2024 to $3.19 billion and its earnings per share (EPS) surge 20%.

So, if you’re looking for a more financially stable SMR company, consider BWX Technologies before any of the start-ups.

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Two if by air

Second is Rolls-Royce, which is similar to BWX but focused on aircraft engines as opposed to naval propulsion.

You might see the name Rolls-Royce and think of the ultra-luxury cars, but the automotive segment of Rolls-Royce was sold to BMW in the 1990s. The core of the business has always been aircraft engines going back to World War I.

Today, Rolls-Royce produces jet engines for both civilian and military applications. But it does also develop nuclear propulsion systems for the Royal Navy’s submarines. That expertise is being poured into the company’s SMR prototype, which is larger than BWX’s. It’s still assembled in parts in a factory but is capable of producing 470 megawatts.

That perhaps makes it a better solution for powering neighborhoods or small cities as the reactor can power up to 1 million homes. But either way, the reactor’s footprint is much smaller than a traditional nuclear power plant.

The reactor has been selected in the Great British Nuclear SMR competition and is slated to be the U.K.’s next-generation nuclear power solution. Czech power company ČEZ has also signed an agreement with Rolls-Royce to adopt its SMR in Czechia.

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At present, there are no SMRs in operation anywhere in the world. That’s a problem for the start-ups solely focused on the technology. But for companies like BWX and Rolls-Royce, they have other revenue streams keeping them afloat and growing.

In Rolls-Royce’s case, it saw its revenue grow 12.15% in 2025 over 2024 to $21.21 billion, and its EPS more than double from $0.30 to $0.69 over the same period. The company also runs a net profit margin of 27.52% at present.

Rolls-Royce can be looked at as BWX’s larger and older brother across the pond given the similarities between their businesses. Either or both of them together makes a great way to play SMR technology with much lower risk than the smaller companies engaged in developing it.