NuScale Power Corporation (SMR)
NuScale Power Corporation (SMR) develops small modular reactors (SMRs) for clean, reliable nuclear energy. Founded to provide scalable and cost-effective nuclear power solutions, the company focuses on modular designs that can be manufactured and deployed efficiently, aiming to reduce carbon emissions and support energy independence.
Company News
Small modular nuclear reactors (SMRs) are gaining attention, with companies like Oklo and Nuscale seeing significant stock price increases. Despite promising technology for low-carbon, deployable power generation, the industry faces skepticism about commercial viability and historical cost challenges.
The Department of Energy launched a Defense Production Act Consortium to reinvigorate the U.S. nuclear fuel cycle, bringing together nuclear companies and partners to reduce foreign uranium dependence and accelerate nuclear reactor projects.
Spring Valley Acquisition Corp. III will allow holders of its initial public offering units to separately trade Class A ordinary shares and warrants on Nasdaq starting September 30, 2025, under the symbols 'SVAC' and 'SVACW'.
The global demand for electricity is surging due to electrification and AI, creating a strategic opportunity in nuclear energy. Uranium stocks are gaining momentum as nuclear power emerges as a critical solution for reliable, carbon-free baseload power.
NuScale Power (SMR) delivered earnings and revenue surprises of 0% and 56.22%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?