NuScale Power Corporation Dividend History (SMR)

About NuScale Power Corporation

NuScale Power Corporation is an innovative American company specializing in the development and commercialization of small modular reactors (SMRs) for nuclear energy. It was founded in 2007 by Dr. Jose Reyes, a former engineering professor at Oregon State University, alongside other partners who shared a vision for advancing nuclear technology. Headquartered in Portland, Oregon, NuScale aims to provide a scalable, safe, and reliable clean energy solution to meet growing energy demands and support global climate goals. The company's flagship technology involves compact, factory-fabricated reactors designed for flexibility and efficiency, significantly enhancing safety features and reducing construction times compared to traditional nuclear plants. These reactors are targeted to address energy needs in diverse settings, from rural areas to industrial applications and global markets seeking sustainable energy solutions. NuScale has attracted significant attention and investment from government and private sectors, highlighting confidence in its technology's potential. The company has engaged in various partnerships and government-led energy initiatives to bring its innovative reactors to market. As of the early 2020s, NuScale is progressing towards the commercialization of its technology, with several projects in the planning and development stages, including collaborations with international partners. Given that financial figures like revenue can fluctuate and information updates are made in company disclosures, you'll want to consult recent financial reports or credible sources for the most current financial data.