Overview
- NuScale is the only SMR developer with two NRC Standard Design Approvals, covering its 50 MWe design in 2023 and its 77 MWe design in 2025.
- Romania’s RoPower project remains in the FEED phase, with a final investment decision expected this year and first deployment timelines pushed to 2030 with some analysts projecting 2033–2034.
- An agreement with the Tennessee Valley Authority targets up to six gigawatts across seven states, with initial U.S. installations not expected until 2032.
- Most current revenue comes from subcontract work with Fluor on RoPower, and analysts expect ongoing losses with potential share dilution before large deployments materialize.
- The company went public via a 2022 SPAC, and its shares trade near $14 with a roughly $4.04 billion market value after peaking above $53 last October.