The opening of our first U.S. office in New York City marks a decisive step in our mission to bring Swedish lead-cooled reactor technology to the North American market. By establishing a permanent presence in the United States, we are accelerating the deployment of the SEALER reactor as a primary energy solution for the rapidly growing AI and industrial sectors. The U.S. currently offers a uniquely favorable policy environment for advanced nuclear innovation, providing the regulatory momentum and institutional support necessary to integrate high-density, carbon-free baseload power directly into the nation's infrastructure.
This expansion is strategically positioned to meet the unprecedented energy demands of hyperscale data center operators who require reliable, 24/7 power that can scale alongside the global AI build-out. Our lead-cooled technology is uniquely suited for this transition, offering an ultra-compact footprint that enables true co-location with industrial loads and critical digital infrastructure. By bridging Swedish engineering excellence with the dynamic American energy landscape, we are building the essential backbone for a sustainable and resilient global economy. Our new team will operate from the historic 190 Bowery, serving as our central hub for commercial execution and strategic partnerships across the United States.

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