NuScale Power Corporation (SMR) Stock

NuScale Power Corporation, headquartered in Portland, Oregon, is a pioneering developer and vendor of modular light water reactor nuclear power plants. Founded in 2007, the company specializes in providing scalable energy solutions for electrical generation, district heating, desalination, hydrogen production, and various industrial process heat applications.

At the core of NuScale's offerings is the NuScale Power Module, an innovative water reactor capable of generating 77 megawatts of electricity (MWe). The company also offers larger-scale solutions such as the VOYGR-12 power plant, which can generate up to 924 MWe. Additionally, NuScale provides customizable configurations like the VOYGR-4 and VOYGR-6 plants, designed to meet specific customer requirements and operational needs.

In addition to its technological advancements in nuclear power generation, NuScale is committed to enhancing safety, reliability, and sustainability across its operations. The company's modular reactor designs are acclaimed for their inherent safety features and scalability, offering efficient and cost-effective solutions for diverse energy applications.

As a subsidiary of Fluor Enterprises, Inc., NuScale Power Corporation benefits from strong industry expertise and a robust support network. With a focus on innovation and operational excellence, NuScale continues to advance nuclear energy technology, contributing to global efforts in carbon reduction and meeting the increasing demand for clean, reliable energy sources worldwide.