Overview
- NuScale remains the only company with an SMR design certified by the Nuclear Regulatory Commission, giving it a first‑mover position.
- The company has yet to operate a reactor commercially, though it is advancing projects in Romania and Tennessee.
- Shares trade below $20 with a roughly $6 billion market capitalization, underscoring execution and valuation risk.
- Policy support includes a White House goal to quadruple U.S. nuclear capacity as power demand from data centers grows.
- Competition includes Oklo and Nano Nuclear Energy, while NuScale’s factory‑assembled modules can scale up to 12 units totaling 924 megawatts.