SMR gains momentum as demand for carbon-free energy rises and top tech firms back its small modular reactor tech.
NuScale is uniquely positioned as the only public company with an NRC-approved SMR, benefiting from surging demand for clean, reliable energy, especially from AI data centers. Strong financials, global partnerships, and advanced customer discussions provide a solid runway, despite the speculative valuation and lack of near-term profitability. Risks remain—delays, political changes, or missed deals could trigger sharp corrections—but NuScale's lead and readiness make it a calculated gamble, not just hype.
Nuclear energy upstarts NuScale Power Corporation and Oklo Inc. have soared over 200% since early April as Wall Street dove back into risk assets with massive long-term upside.
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Renewable Utilities Industry | Utilities Sector | Mr. John Lawrence Hopkins CEO | CXA Exchange | US67079K1007 ISIN |
US Country | 330 Employees | - Last Dividend | - Last Split | 9 Dec 2020 IPO Date |
NuScale Power Corporation is at the forefront of developing modular light water reactor nuclear power plants, which are designed to supply energy across various applications, including electrical generation, district heating, desalination, hydrogen production, and other process heat applications. Founded in 2007 and headquartered in Portland, Oregon, NuScale epitomizes innovation in the nuclear power sector. As a subsidiary of Fluor Enterprises, Inc., NuScale Power Corporation reinforces its pedigree in engineering and construction with the backing of a global industry leader.
The NuScale Power Module (NPM) is a pioneering water reactor design that can produce 77 megawatts of electricity (MWe). This compact, scalable module enables versatility in power generation capacity. Suitable for an array of applications, from electric power generation to process heat applications, the NPM represents a significant advancement in nuclear reactor technology.
NuScale offers the VOYGR series of power plant designs, which accommodate different facility sizes. These designs are capable of housing from one to four and six or twelve NPMs, allowing for scalability and flexibility in energy production to meet varying demands. This approach not only makes nuclear power more accessible but also adaptable to specific project needs.