Wedbush Expands Equity Research Coverage into Advanced Nuclear Energy, Led by Director of Equity Research Seth Basham

PASADENA, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Wedbush today announced the expansion of its equity research coverage into advanced nuclear energy with Seth Basham, Director of Equity Research initiating coverage of six companies developing next-generation nuclear technologies: X-energy (XE), Oklo (OKLO), Terrestrial Energy (IMSR), NuScale Power (SMR), NANO Nuclear Energy (NNE) and General Fusion (GFUZ).

Basham’s direct involvement underscores the strategic importance Wedbush places on advanced nuclear energy as an emerging investment theme. The initiative builds on the firm's broader focus on disruptive technologies and reflects growing interest in next-generation energy solutions as AI infrastructure data centers and other industries drive demand for around-the-clock baseload electricity. Advanced nuclear technologies are attracting increased attention as potential solutions to future energy needs. The new coverage spans small modular reactor (SMR) technologies and emerging fusion energy with plans to expand research across broader nuclear ecosystem including the supply chain.

“We believe advanced nuclear energy is entering a potentially transformative period, driven by rising demand for clean, stable electricity from AI data centers and compelling economics,” said Seth Basham, Director of Equity Research at Wedbush. “Together, these forces have created what we view as the foundation for a nuclear energy renaissance.”

Through this expanded coverage, Wedbush will provide institutional investors with research and analysis on the technologies, companies and market dynamics shaping the future of advanced nuclear energy. The research will examine commercialization pathways, industry development and investment considerations across both fission and fusion technologies, helping clients better understand the opportunities and risks with this evolving sector.

About Wedbush
Wedbush is a diversified financial services firm providing multi-asset clearing, prime brokerage, execution, wealth management, asset management and investment banking services to institutional and individual clients worldwide. Founded in 1955, Wedbush is one of a select group of U.S. financial institutions offering both equity and futures clearing capabilities, supported by advanced technology and a longstanding commitment to client service, innovation, and financial strength.

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