NuScale Power Corporation Dividend History (SMR)
NuScale Power Corporation does not pay dividends currently 😔
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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.
NuScale Power, a company developing small modular nuclear reactors, faces stiff competition from GE Vernova, the former energy arm of General Electric. While NuScale has its design certified by the U.S. Nuclear Regulatory Commission, GE Vernova's larger financial resources and growing profits give it an advantage in the race to deploy small nuclear reactors globally.
The Motley Fool · Published on Mon Dec 02 2024NuScale Power, a producer of small modular reactors (SMRs), has experienced a volatile journey since its public debut in 2022. Despite facing challenges like missed targets, regulatory hurdles, and a SEC probe, the company's stock has recently soared due to potential certification of its higher-capacity reactors, new DOE funding, and nuclear-friendly policies.
The Motley Fool · Published on Sat Nov 30 2024NuScale Power is at the forefront of the nuclear power industry, with its small-modular reactor design that aims to address the safety and cost concerns of traditional nuclear reactors. The company is making progress in the regulatory approval process, but investors should be aware of the risks and challenges it faces in the coming years.
The Motley Fool · Published on Tue Nov 26 2024