5.44
+7.09%
Close of 9 Nov 2026, in USD
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About Nuscale Power
From its filings with the US Securities and Exchange Commission
Nuscale Power is based in Corvallis, Oregon. Its shares trade on NYSE under the ticker SMR. The SEC classifies its business as fabricated plate work (boiler shops). In the fiscal year to 31 December 2025, it reported revenue of $31.5m and a net loss of $355.8m. At that date it held total assets of $1.41bn and shareholders' equity of $1.17bn. By business, Power Plant and NPM related services brought in 95.5% of revenue, followed by Energy Exploration Centers at 4.0% and Other at 0.4%.
NuScale is redefining nuclear power through the development of proprietary and innovative SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company’s core technology, the Light Water Nuclear Reactor NuScale Power Module™ (“NPM”), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. The Company believes this results in a safe and highly reliable power plant suitable to be sited close to where electricity, water desalinization, hydrogen production or process heat is needed.
Since 2007, over $1.8 billion has been invested in the development of NuScale technology, including more than $578.3 million from DOE under a series of cost-share programs, and we have received 513 patents globally, with an additional 268 patent applications currently pending. In September 2020, the Company’s 12-module design (currently approved for 160 million watts of thermal power or 50 MWe per NPM) became the first and only SMR to receive an SDA from the Nuclear Regulatory Commission (“NRC”). In the U.S., the NRC oversees the licensing, permitting, and decommissioning of nuclear sites. In May 2025, the NRC finalized their review and approved the Company’s second SDA application and the associated licensing topical reports for NuScale’s 6-unit 77 MWe NPM design.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 24 Nov 2020
- Employees
- 428
- Website
- ir.nuscalepower.com ↗
- Head office
- 1100 NE CIRCLE BLVD., SUITE 350, CORVALLIS, OR, 97330
- Classification
- Fabricated Plate Work (Boiler Shops)
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Alan BoeckmannNon-Executive Chairman of the Board$202,496
- Mr. John HopkinsPresident, Chief Executive Officer, Director, since 2022$3.4m
- Mr. Robert HamadyChief Financial Officer$1.6m
- Mr. Carl FisherChief Operating Officer$1.8m
- Ms. Karin FeldmanSenior Vice President - Program Management
- Dr. Jose ReyesChief Technical Officer$1.3m
- Mr. David TonnelChief Accounting Officer, Principal Accounting Officer
- Ms. Jacqueline EngelInterim Vice President - Accounting
- Ms. Carrie FosaaenVice President - Regulatory Affairs
- Dr. Robert GambleVice President - Engineering
- Mr. Elevates ScottChief Commercial Officer$1.2m
- Mr. Shahram GhasemianChief Legal Officer and Company Secretary
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 24
- Environment
- 1
- Social
- 15
- Governance
- 55
- Women in the workforce
- 29%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- NuScale Power Module generates 77 megawatts electric per unit with scalable configurations up to 924 MWe.
- VOYGR-12 power plant offers 924 MWe output using 12 modular units for diverse applications.
- Company serves global customers with nuclear energy for electricity, district heating, and hydrogen production.
Weaknesses
- Headquartered in Portland, Oregon, with 556 employees as of IPO listing date.
- IPO listed on 24 November 2020 with 428 employees reported in current facts.
- Nuclear power plant design rights are limited to specific modular configurations.
Opportunities
- Expanding into district heating and desalination markets with VOYGR power plant solutions.
- Scaling up to 12 modules for 924 MWe output in global energy markets.
- Offering four-module VOYGR-4 for 308 MWe applications in emerging markets.
Threats
- Regulatory challenges in nuclear energy adoption across different countries.
- Competition from traditional energy sources in the electrical equipment sector.
- Dependence on modular nuclear technology for all power plant designs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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