NuScale Power

NuScale builds small nuclear reactors to generate reliable electricity. These reactors help provide clean energy to local power grids. The technology allows cities to transition away from fossil fuels.

The Power Plant Menu

• NuScale Power Module: A water-cooled reactor generating 77 megawatts of electricity (MWe); serves as the core building block for all plant designs.
• VOYGR Power Plants: Scalable facility designs that house four, six, or twelve reactor modules to meet different customer needs.
• Engineering and Licensing: Professional services and technical support provided to customers during the design and regulatory approval phases.
• Lifecycle Services: Specialized support for plant startup, testing, and future refueling over the operating life of the reactor.

Strategic Partnerships and Approvals

• Received Standard Design Approval from the Nuclear Regulatory Commission in May 2025 for the 77-megawatt reactor design.
• Established ENTRA1 as an exclusive global partner in August 2025 to develop and commercialize power projects.
• Signed a technology licensing agreement with RoPower Nuclear to develop a six-module plant at a former coal site in Romania.
• Entered a non-binding agreement with the Tennessee Valley Authority to explore generating up to 6 gigawatts of nuclear power.
• Secured supply chain readiness and design contracts with Paragon Energy Solutions to develop reactor control systems.

Safe and Scalable Nuclear Design

NuScale utilizes a simplified design that eliminates many large components and systems found in traditional nuclear plants. This design uses natural processes like gravity and convection to cool the reactor safely without the need for external power or pumps.

A Look at the Numbers

• Revenue was $565,000 in Q1 2026, down 95.8% from $13.4 million in Q1 2025.
• Net loss reached $44 million in Q1 2026, worsening 214.3% compared to the prior year period.
• Free cash flow hit negative $316.2 million in Q1 2026, a 1283.6% deepening from Q1 2025.
• Cash and cash equivalents stood at $341.1 million as of March 31, 2026.

The Bottom Line

NuScale has transitioned from a research-focused developer to a commercial-stage company providing small modular reactor (SMR) technology. Through strategic partnerships and regulatory milestones, it is working to deploy scalable, carbon-free energy solutions to domestic and international markets.