NuScale

NuScale

Develops and licenses small modular reactors

Overview

NuScale Power develops and commercializes small modular reactor (SMR) technology for carbon-free power. Its main product, the NuScale Power Module (NPM), is a 77 MWe integral PWR that combines the reactor vessel, steam generator, and pressurizer in a factory-fabricated unit, using natural circulation and passive safety, with the whole module submerged in a water-filled pool inside a seismically robust building. The VOYGR plant can house up to 12 NPMs for up to 924 MWe, allowing incremental deployment and licensing-based revenue supported by partners like Fluor and Doosan Enerbility. The goal is to provide scalable, reliable carbon-free power for electricity, district heating, desalination, and hydrogen production, with international projects in Europe and Africa.

About NuScale

Simplify's Rating
Why NuScale is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

501-1,000

Company Stage

IPO

Headquarters

Corvallis, Oregon

Founded

2007

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Simplify's Take

What believers are saying

  • August 5, 2026: NuScale ended Q2 with $1.9 billion liquidity.
  • August 2026 Paragon contract advances HIPS final design, strengthening supply-chain readiness.
  • September 2026 MillenniTEK pellets validate safety-component manufacturing before first commercial builds.

What critics are saying

  • February 18, 2026 Truedson class action targets ENTRA1 claims and Fluor disclosure.
  • Q1 2026 revenue fell to $0.6 million while operating cash outflow hit $314.7 million.
  • No binding U.S. module orders exist; ENTRA1 and TVA remain nonbinding, delaying commercialization.

What makes NuScale unique

  • Only U.S. SMR developer with NRC design approval; May 2025 standard design certification.
  • Passive gravity-cooled NPMs shut down without operator action, unlike active-pump reactors.
  • Doicești, Romania makes NuScale Europe’s most advanced SMR project, led by RoPower and Fluor.

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Funding

Total Funding

$677.7M

Above

Industry Average

Funded Over

9 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Remote Work Options

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Mugglehead
Sep 5th, 2026
NuScale manufactures first-of-a-kind safety pellets for SMR technology.

NuScale manufactures first-of-a-kind safety pellets for SMR technology. This gives NuScale another opportunity to test production methods before it begins building components for commercial reactors 7 hours ago NuScale Power Corporation (NYSE: SMR) has successfully manufactured specialized safety components as it moves its small modular nuclear reactor technology closer to commercial deployment. The company worked with advanced nuclear materials manufacturer MillenniTEK to produce first-of-a-kind boron-oxide pellets for its reactor design, according to a Tuesday release. The pellets form part of NuScale's passive emergency core cooling system, which helps keep the reactor stable during an emergency. Additionally, the manufacturing milestone gives NuScale another opportunity to test production methods before it begins building components for commercial reactors. The company is developing supply chains and manufacturing processes alongside its continuing engineering work. Small modular reactors, commonly called SMRs, produce nuclear power using smaller reactors than conventional nuclear plants. Manufacturers can potentially build many components in factories before transporting them to generating sites. NuScale has designed its system around a 77-megawatt reactor called the NuScale Power Module. Customers could combine several modules at one location depending on their electricity requirements. However, commercializing the technology requires more than completing the reactor's engineering design. NuScale also needs manufacturers capable of repeatedly producing specialized components that meet strict nuclear industry standards. The boron-oxide pellets represent one example of those specialized components. NuScale designed them for use in its emergency core cooling system, or ECCS. The ECCS provides cooling and helps control the reactor following certain abnormal operating conditions. Furthermore, NuScale designed the system to operate without requiring immediate action from plant workers. If operators activate the system, the pellets dissolve into water circulating through the reactor. The dissolved boron absorbs neutrons, which helps suppress the nuclear chain reaction and keep the reactor core stable. NuScale emphasizes safety systems that rely on gravity or natural water. That function provides another layer of protection while the emergency cooling system removes heat from the reactor. Consequently, producing pellets with the required characteristics represents part of preparing the overall safety system for eventual production. NuScale and MillenniTEK have also worked to develop manufacturing methods capable of supporting future reactor projects. That includes preparing production processes for components that may eventually require manufacturing at commercial scale. Meanwhile, NuScale continues working on engineering, supply chain development and plans for future customer deployments. Building manufacturing capacity early could reduce production risks once customers begin ordering reactor components. NuScale remains one of the most advanced American developers attempting to commercialize small modular nuclear reactors. Its technology has also passed a regulatory hurdle that competing American SMR developers continue working toward. The U.S. Nuclear Regulatory Commission approved NuScale's original 50-megawatt SMR design in 2020. Subsequently, the regulator approved the company's larger 77-megawatt US460 standard design in May 2025. The US460 design combines six NuScale Power Modules to provide up to 462 megawatts of electricity. Each module contains its reactor vessel, steam generator and other equipment within a compact integrated system. NuScale emphasizes passive safety systems that rely on physical forces such as gravity and natural water circulation. These systems reduce dependence on electrically powered pumps and other active equipment during some emergencies. In addition, the modular approach allows customers to add generating capacity according to their individual power requirements. Potential applications include utility grids, industrial facilities and energy-intensive operations requiring dependable electricity. NuScale suffered major setback in Utah. The nuclear industry has increasingly promoted SMRs as an alternative to large conventional reactors. Developers argue that standardized factory production could eventually reduce construction complexity, costs and lengthy project schedules. However, SMR developers still face significant challenges before achieving widespread commercial deployment. Those include financing projects, establishing supply chains and proving that factories can manufacture components economically at scale. NuScale suffered a major setback in 2023 when its planned Utah Associated Municipal Power Systems project was cancelled. Rising projected costs made the proposed Idaho nuclear power project increasingly difficult for participating utilities to support. Since then, the company has continued pursuing other potential customers while developing its commercial manufacturing capabilities. Additionally, NuScale has positioned its reactors for growing electricity demand from industrial facilities and data centres. The MillenniTEK work moves one specialized component from engineering requirements into physical manufacturing. Further production work will determine how NuScale can incorporate the pellets into its broader commercial reactor supply chain.

Asianet News
Sep 2nd, 2026
SMR stock declines Despite inking fresh partnership for nuclear safety component: retail turns bearish.

SMR stock declines Despite inking fresh partnership for nuclear safety component: retail turns bearish. Published: Sep 02 2026, 08:15 AM IST * FB * TW * Linkdin * Whatsapp * GNFollow Us NuScale said that the partnership with MillenniTEK would advance the fabrication of boron-oxide pellets for NuScale's passive emergency core cooling system. * The company said the partnership marks an important milestone, signifying a significant step in its push toward commercialization. * It also said that the development highlights its focus on safety, engineering standards, and strengthening its supply chain and manufacturing capabilities. * Despite the announcement, SMR stock declined, and retail sentiment dipped from 'neutral' to 'bearish' over 24 hours. Shares of NuScale Power Corp. (SMR) declined 0.65% at close and continued to fall in the overnight session late Tuesday, even after the company announced a fresh partnership with MillenniTEK, an advanced nuclear materials manufacturer, for a first-of-a-kind nuclear safety component. The company said that the partnership would advance the fabrication of boron-oxide pellets for NuScale's passive emergency core cooling system (ECCS). NuScale's step towards commercialization. The pre-revenue company said the partnership marks an important milestone as it signifies a significant step toward commercialization, advancing specialized components and manufacturing processes needed to support deployment of its U.S. Nuclear Regulatory Commission-approved small modular reactor technology. The company said that it also highlights its focus on safety, engineering standards, and strengthening its supply chain and manufacturing capabilities. When the Emergency Core Cooling System is activated, the pellets are designed to dissolve into the reactor coolant, helping regulate and maintain core reactivity at safe levels without requiring operator intervention. "By working with experienced advanced nuclear manufacturers like MillenniTEK, we are progressing the production-ready processes needed to support our first customer deployments and bring NuScale's technology - the only SMR with NRC approval - to market," John Hopkins, NuScale's President and Chief Executive Officer, said. SMR stock: retail stance. Despite the seemingly positive announcement, retail sentiment around SMR stock dipped from 'neutral' to 'bearish' over 24 hours even as message volumes surged 200% in the same time. One user said, "$SMR I took the money with the lumps." Another user said, "$SMR hopefully all the down has been done premarket cause were opening at the zone we need to hold. Macro is not cooperating to breakout... we'll need something from the company or sector wake up for hope." SMR stock is down more than 43% so far in 2026. For updates and corrections, email newsroom[at]stocktwits[dot]com.< Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business. 0 Comments / 0 New

Yahoo Finance
Aug 31st, 2026
NuScale CFO's holdings rise despite $281K share sale for tax obligations as stock sits 72% below year-ago levels

NuScale Power's chief financial officer sold nearly 30,000 shares on 27 August 2026, according to an SEC filing. The transaction was not discretionary — Robert Ramsey Hamady disposed of the shares solely to cover mandatory tax obligations from the vesting of 76,923 restricted stock units. Despite the sale, Hamady's direct holdings increased from 77,192 to 124,235 shares, as the vested units exceeded those sold for tax purposes. He continues to hold 76,923 unvested restricted stock units from a 2023 grant. The transaction occurred as NuScale's shares delivered a one-year total return of negative 72 per cent. The company develops small modular reactor nuclear technology and targets utilities and industrial consumers seeking carbon-free energy solutions.

Yahoo Finance
Aug 28th, 2026
Bloom Energy vs NuScale Power: which energy innovator is the better buy in 2026?

Bloom Energy and NuScale Power offer contrasting approaches to meeting surging electricity demand from AI and data centers. Bloom Energy manufactures on-site power systems using solid oxide fuel cell technology, whilst NuScale Power develops small modular nuclear reactors. Bloom Energy generated over $2 billion revenue in FY 2025, up 37% year-on-year, though it posted an $88.4 million net loss. The company recently established a $5 billion clean energy financing framework with partners including American Electric Power and Brookfield Corp. Revenue is projected to reach $3.75 billion in fiscal 2026. NuScale Power reported $31.5 million revenue in FY 2025, down 15%, with losses of $356 million. The company holds US Nuclear Regulatory Commission design certification but has no binding contracts for power module delivery. Bloom Energy carries a 3.9x debt-to-equity ratio but maintains positive free cash flow of $57.2 million. NuScale has zero debt but negative free cash flow exceeding $460 million. Both companies face ongoing class action litigation filed in 2026.

BitRss
Aug 26th, 2026
NuScale Power Corporation (SMR) Stock: Gains Momentum After Launching AI Tools to Transform Nuclear Engineering

Blockonomi 1 hour ago 84 Tldr. * NuScale Power stock rises as new AI tools improve nuclear engineering workflows. * SMR advances reactor development with faster access to critical technical data. * NuScale partners with Nuclearn and NPX to enhance nuclear project execution. * New nuclear AI technology helps NuScale reduce information search times by 80%. * NuScale expands SMR deployment strategy through advanced engineering solutions. NuScale Power Corporation (SMR) gained 8.40% to close at $9.81 after launching nuclear-focused AI tools for engineering operations. The stock extended momentum in pre-market trading, rising 2.36% to $10.03. The company is using new technology to improve information access as it advances small modular reactor deployment. NuScale Power Corporation, SMR NuScale introduced the initiative with Nuclearn and NPX to improve engineering workflows. The partnership combines nuclear expertise with specialized tools designed for technical information management. The system aims to help teams locate critical data faster across complex nuclear projects. The company is applying the technology as it moves its NuScale Power Module toward wider deployment. The reactor system uses pressurized water reactor technology for nuclear energy production. NuScale continues developing smaller reactor solutions for future power generation needs. NuScale deploys nuclear engineering tools to improve data access. The new tools focus on engineering documents, licensing records, technical standards, and controlled information. They allow engineers to search through large volumes of project material more efficiently. Therefore, teams can access relevant information while maintaining regulatory requirements. NuScale reported that an initial test reduced information search times by up to 80%. The system identifies important engineering methods and standards related to specific tasks. As a result, engineers can improve decision-making during complex development processes. The technology uses nuclear-specific language and workflows instead of general search methods. This approach helps organize information based on nuclear industry requirements. NuScale expects improved efficiency across engineering and knowledge-management functions. AI partnership supports small modular reactor development. NuScale's partnership with Nuclearn and NPX supports the company's efforts to advance nuclear deployment. Nuclearn provides the AtomAssist platform, while NPX contributes nuclear project implementation experience. Together, the companies are creating tools designed for nuclear engineering environments. The initiative focuses on improving access to trusted technical information during reactor development. Engineers can connect information with original controlled sources through the system. This process supports accuracy when teams review designs, regulations, and safety materials. NuScale continues to develop its NuScale Power Module for future nuclear facilities. The company designed each module to generate 77 megawatts of electricity. Multiple modules can combine into larger power plants with significant generation capacity. SMR stock advances as NuScale expands nuclear technology strategy. NuScale's stock movement follows renewed attention toward advanced nuclear energy solutions. The company is positioning small modular reactors as part of future energy infrastructure. Meanwhile, the latest technology partnership strengthens its engineering capabilities. The company believes faster information management can support nuclear project execution. However, the tools are designed to assist professionals rather than replace engineering expertise. The focus remains on improving productivity while maintaining safety standards. NuScale Power Corporation continues building its position in the advanced nuclear sector. The company is developing reactor technology aimed at supporting reliable electricity generation. The latest AI initiative marks another step in its broader deployment strategy. The post NuScale Power Corporation (SMR) stock: gains momentum after launching AI tools to transform nuclear engineering appeared first on blockonomi. BitRss shares this Content always with License. Screenshot generated in real time with SneakPeek Suite * homepage * flash news * NuScale Power Corporation (SMR) stock: gains momentum after launching AI tools to transform nuclear engineering.

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