NuScale Power Corporation is a pioneer in advanced nuclear technology, specializing in the development and commercialization of small modular reactors (SMRs). The company's proprietary NuScale Power Module (NPM) is a small, safe, pressurized water reactor that can generate 77 megawatts of electricity (MWe) or 250 megawatts thermal. These modules are designed to be fully factory-fabricated and transported to sites, significantly reducing construction costs and timelines compared to traditional nuclear plants. NuScale offers scalable VOYGR power plant configurations, which can accommodate four, six, or up to twelve modules, delivering up to 924 MWe of carbon-free baseload power. The company's business model focuses on selling these modules and providing a suite of services throughout the lifecycle of the plant, including licensing support, testing, training, and operations management. NuScale targets a diverse customer base, including domestic and international governments, utilities, and large industrial companies seeking reliable, emissions-free energy to meet climate goals and power energy-intensive operations like AI data centers. While currently in the pre-revenue commercialization phase, NuScale has achieved significant regulatory milestones, including being the first SMR design certified by the U.S. Nuclear Regulatory Commission (NRC).
