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Friday, August 8, 2025

NuScale Power (SMR) reported earnings on Thur 7 Aug 25 (a/h)

** charts after earnings **

 

  • Received ahead of schedule U.S. Nuclear Regulatory Commission (“NRC”) Standard Design Approval for uprated 77 MWe design
  • Continued to progress Fluor’s Phase 2 Front-End Engineering and Design (“FEED”) study for the RoPower Doicești power plant
  • Maintained strong liquidity and financial position
CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (“SMR”) nuclear technology, today announced results for the second quarter ended June 30, 2025.

“In May, NuScale was thrilled to receive Standard Design Approval from the NRC for our 77 MWe SMR design ahead of schedule, marking our second NRC design approval and enabling us to support a wider range of users,” said John Hopkins, President and Chief Executive Officer of NuScale Power. “NuScale remains the only technology provider to obtain NRC design approval, positioning us well ahead of others in the market. With that distinction, as well as our partnership with ENTRA1 to commercialize our SMR technology inside ENTRA1 Energy Plants™, we are making strides toward deploying our technology. We look forward to providing safe, reliable, and sustainable energy technology for communities around the world.”

About NuScale Power

Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The NuScale Power Module™, the company’s groundbreaking SMR technology, is a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output.

As the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.

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