Overview
- Shares are down nearly 30% for the year despite a sharp rally this week after policy moves in the U.S. and U.K. lifted investor interest in nuclear power.
- NuScale posted a net loss of more than $660 million last year, marking a fourth straight year of rising losses.
- Commercial operations remain years away because the technology has not scaled, with NuScale’s first facility not expected before about 2030.
- The company will likely need new funding through stock sales, debt, strategic partners, or government support to keep building its small modular reactor business.
- Bank of America highlights a large potential market for SMRs and notes compact 300‑megawatt units need about 35 to 50 acres, which could fit sites like retired coal plants or near data centers.