Overview
- NuScale shares climbed roughly 44% at their peak this week after investors reacted to new nuclear policy moves in Washington and London.
- The White House introduced a space nuclear program that targets reactors in orbit by 2028 and on the Moon by 2030, with higher‑power systems planned for the 2030s.
- The U.K. committed about £599 million to Rolls‑Royce’s small modular reactor effort, a vote of confidence for SMRs, which are factory‑built nuclear units designed to be installed in modules.
- NuScale’s business outlook remains unchanged as the company is still years from its first commercial plants and reported a net loss of more than $660 million last year.
- Analysts caution that NuScale may need to raise more capital as it faces questions about its ENTRA1 Energy partnership and the broader challenge of scaling SMR technology.