NuScale Power
SMR
NuScale Power (SMR) develops the VOYGR small modular light water reactor.
12-module 77 MWe plant; first SMR design certified by NRC in 2023. Utah project canceled 2023 due to costs; now targeting Romania and data centers. Market cap $4B+ in 2024.
Why it matters now
NRC certification accelerates 2025-2026 FOAK deployments; cost lessons inform SMR economics for PPA-driven restarts.