NuScale Power (SMR) is a publicly traded Small Modular Reactors company founded in 2007 and based in Portland, USA.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 2, 2022 | IPO | $380M | $1.9B | — |

NuScale Power faces a securities fraud probe and has no binding deals, despite a unique regulatory position.

Oklo and NuScale Power shares each fall about 15% as rising Treasury yields weigh on nuclear stocks.
NuScale Power trades near $8 and the article examines what would need to happen for the stock to return to $20.
A factory-fabricated, light-water pressurized small modular reactor producing 77 MWe per module. The NPM is self-contained, with integral steam generators and pressurizer inside the reactor vessel, enabling passive safety — no active cooling systems or pumps required for safe shutdown. The NRC-certified design is the only SMR to receive full US design certification, approved in 2023 with the upgraded 77 MWe output approved in May 2025.
Scalable nuclear power plant platform built around multiple NuScale Power Modules, configurable as VOYGR-4 (308 MWe), VOYGR-6 (462 MWe), or VOYGR-12 (924 MWe) to match site-specific power needs. Designed for electricity generation, district heating, industrial process heat, hydrogen production, and desalination. The modular factory-build approach targets lower capital cost and faster deployment than conventional large nuclear plants.
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