Nuscale Power Corp

NuScale Power designs and commercializes the VOYGR small modular reactor, the only SMR with full standard design approval from the U.S. Nuclear Regulatory Commission. Its scalable 77-megawatt modules enable factory fabrication, quicker deployment, and lower upfront capital compared to traditional plants, positioning NuScale as a leader in the nuclear renaissance to meet surging demand for reliable, dispatchable clean energy from AI data centers, electrification, and industrial users.

Over the past year, NuScale gained NRC certification for its VOYGR-6 plant configuration, signed manufacturing deals with Doosan Enerbility, and advanced partnerships like ENTRA1 Energy's planned 12-module Polish project. However, the November 2023 cancellation of the UAMPS Utah demonstration due to costs ballooning from $5 billion to $9 billion underscores risks: persistent overruns, customer financing hurdles, supply chain delays, intensifying competition from GE Hitachi and TerraPower, and execution challenges in first-of-a-kind builds.

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