SMR — NuScale Power Corporation

Industrials · Specialty Industrial Machinery

About NuScale Power Corporation

NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant. In addition, it offers regulatory licensing support services; start-up testing and commissioning support; accredited training programs to support initial and ongoing power plant operations; management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process; NuScale Power Module mechanical handling; initial and ongoing fuel bundle loading and movement; design engineering management during commercial operation; operations and maintenance program management; procurement and spare parts management; nuclear fuel management, including reload analysis; and outage planning and execution support services. The company has a strategic partnership with Ebara Elliott Energy for the development, demonstration, and testing of industrial scale compressors using power modules. NuScale Power Corporation was founded in 2007 and is headquartered in Corvallis, Oregon.

The nuclear & uranium complex

This bucket is really two trades sharing one story. The first is fuel: uranium miners (Cameco, NexGen, UEC, Energy Fuels) and the West's only listed enricher (Centrus), levered to a uranium price that recovered after a decade of oversupply. The second is reactors: Constellation runs America's largest nuclear fleet, BWX Technologies builds naval and government reactors, and Oklo and NuScale are pre-revenue startups designing small modular reactors. What revived the whole complex is electricity demand — above all from AI data centers, whose owners have signed long-term deals for nuclear power at premium prices. Be precise about what you own here: producing businesses with contracts and cash flow, or story stocks priced for a buildout that is still years away. NuScale holds the only small-modular-reactor design approved by US regulators, still chasing its first firm commercial order.

Key data · delayed ~15 min, as of 1 August 2026

TickerSMR
CompanyNuScale Power Corporation
Price$8.42
Market cap$2.9B
Sector / industryIndustrials / Specialty Industrial Machinery
Analyst mean target$15 (15 analysts, hold)

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