Ansys solutions instrumental during the development of the first small modular reactor approved by the U.S. Nuclear Regulatory Commission NuScale used Ansys to design and validate the engineering and safety of its small modular reactor (SMR) under regulatory requirements Ansys simulation demonstrates the soundness of the... Read More

The collaboration will assess a novel decarbonization path for a major U.S. chemical company by pairing NuScale’s SMR technology with a heat augmentation system PORTLAND, Ore. / Nov 20, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) announced today its partnership with Oak Ridge National Laboratory (ORNL) to perform a techno-economic assessment (TEA), studying a NuScale small modular reactor’s (SMR) ability to... Read More

In partnership with GS Energy, Doosan Enerbility, and Samsung C&T, this Energy Exploration Center control room simulator will provide hands-on nuclear experience for future operators of NuScale’s innovative small modular reactor technology worldwide. PORTLAND, Ore. / Nov 14, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) announced today the opening of the first privately-funded NuScale Energy Exploration Center... Read More

PORTLAND, Ore. / Nov 10, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in November and December 2023. Attendance at these conferences is by invitation... Read More

PORTLAND, Ore. / Nov 08, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2023. Please visit the Quarterly Results page on the company’s website to view the earnings press release and supplementary information included in the third... Read More

PORTLAND, Ore. / Nov 08, 2023 / Business Wire / Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NuScale) (NYSE: SMR) announced today that they have mutually agreed to terminate the Carbon Free Power Project (CFPP). Despite significant efforts by both parties to advance the CFPP, it appears unlikely that the project will have enough subscription to continue toward deployment. Therefore, UAMPS... Read More

PORTLAND, Ore. / Oct 24, 2023 / Business Wire / NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors (SMRs) and the nuclear... Read More

PORTLAND, Ore. / Oct 11, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 third quarter results on Wednesday, November 8, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day. The conference call may be... Read More

Standard Power’s Two Advanced Nuclear Energy Facilities are planned in Ohio and Pennsylvania to Provide Nearly 2GW of Clean Energy for Data Centers Standard Power Plans to be Operational by 2029 NEW YORK & PORTLAND, Ore. / Oct 06, 2023 / Business Wire / Standard Power , a provider of infrastructure as a service to advanced data processing companies, announced its plans to develop two small modular reactor (SMR)-powered... Read More

PORTLAND, Ore. / Sep 12, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host an Analyst Day on Friday, October 6, 2023, from 8:00 a.m. to 12:00 p.m. ET at the New York Stock Exchange. President and Chief Executive Officer John Hopkins, Chief Financial Officer Ramsey Hamady, and... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in September 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors... Read More

PORTLAND, Ore. / Aug 09, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the second quarter ended June 30, 2023. Please visit the Quarterly Results page on the company’s website to view the earnings press release and supplementary information included in the second quarter... Read More

Updated design will support a wider range of customers seeking clean energy through small modular nuclear reactors PORTLAND, Ore. / Aug 01, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) today announced the U.S. Nuclear Regulatory Commission (NRC) accepted its Standard Design Approval (SDA) Application for formal... Read More

PORTLAND, Ore. / Jul 12, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 second quarter results on Wednesday, August 9, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day. The conference call may be... Read More

PORTLAND, Ore. / Jul 06, 2023 / Business Wire / NuScale Power Corporation (NYSE:SMR) announced that Carl Fisher will join the company as Chief Operating Officer (COO) beginning July 24, 2023. As COO, Fisher will lead the operations, engineering, project management, quality assurance, information technology, and regulatory affairs functions and report to John Hopkins, NuScale’s President and Chief Executive Officer. “We are... Read More

PORTLAND, Ore. / Jun 08, 2023 / Business Wire / At a signing ceremony on June 7, 2023, NuScale Power Corporation (NYSE: SMR) and Accelerant Solutions announced an agreement for the development and implementation of a NuScale Licensed Operator Training Program. Since 2020, NuScale and Accelerant Solutions have collaborated to develop lesson plans to train plant operators on operating systems, use of operating procedures, and... Read More

PORTLAND, Ore. / Jun 01, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in June 2023. Attendance at these conferences is by invitation only for clients of... Read More

NuScale’s carbon-free SMR technology will support the hard-to-decarbonize industrial sector using superheated steam, a first for light water SMR technology PORTLAND, Ore. / May 31, 2023 / Business Wire / New research from NuScale Power (NYSE: SMR) demonstrates the advanced capabilities of NuScale small modular reactors (SMRs)... Read More

NuScale’s decision to join ROMATOM reflects its dedication to promoting and implementing clean, nuclear energy initiatives in Romania PORTLAND, Ore. / May 24, 2023 / Business Wire / NuScale Power (NuScale) announced today that it joined the Romanian Atomic Forum (ROMATOM) as a supporting member to champion the association’s nuclear energy goals and further the next generation of advanced nuclear technology experts,... Read More

United States also issues Letters of Interest for up to $4 billion in project financing; support will propel the SMR power plant project to the commencement of construction at the Doicesti site PORTLAND, Ore. / May 22, 2023 / Business Wire / On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance... Read More

PORTLAND, Ore. / May 16, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) and Nucor Corporation (Nucor) today announced the two companies have signed a Memorandum of Understanding (MOU) to explore co-locating NuScale's VOYGR™ small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills. The companies will also... Read More

Control room simulator demonstrates U.S.-Romanian collaboration and supports capacity building for the Romanian nuclear workforce as NuScale and RoPower advance site preparation for a VOYGR ™ power plant in Doicesti, Romania PORTLAND, Ore. / May 12, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) announced today the opening of a NuScale Energy Exploration Center (E2 Center) at University Politehnica of Bucharest... Read More

PORTLAND, Ore. / May 09, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the first quarter ended March 31, 2023. Please visit the Quarterly Results page on the company’s website to view the earnings press release and supplementary information included in the first quarter... Read More

PORTLAND, Ore. / May 02, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at two conferences in May 2023. Attendance at these conferences is by invitation only for clients of each... Read More

The certification highlights the company’s commitment to continually deliver quality products, services and processes to meet the stringent needs of NuScale VOYGR TM power plant customers around the world PORTLAND, Ore. / Apr 27, 2023 / Business Wire / Today, NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, announced... Read More

During the President of the Republic of Korea’s visit to the United States, NuScale and its partners revealed a business development milestone PORTLAND, Ore. / Apr 25, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR) announced today it has signed an memorandum of understanding (MOU) with Doosan Enerbility Co., Ltd. (Doosan) and Export-Import Bank of Korea (KEXIM) to strengthen collaboration among the three... Read More

PORTLAND, Ore. / Apr 11, 2023 / Business Wire / NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 first quarter results on Tuesday, May 9, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day. The conference call may be accessed by... Read More

Today, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation’s (NYSE: SMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGR TM -6 (6-module) power plant configuration... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2022. Please visit the investor relations page on the company’s website at https://www.nuscalepower.com/en/investors to view the earnings press release and supplementary information included in the... Read More

Order includes key materials necessary for NuScale’s clean-energy technology, the NuScale Power Module™, and is a significant step toward commercialization NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, today announced that at the end of 2022, as scheduled, it placed the first upper reactor pressure vessel (RPV) long... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in March 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2022 fourth quarter and 2022 year-end results on Wednesday, March 15, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day. The conference call may be accessed by dialing (888) 550-5460... Read More

COLUMBIA, Md. , Jan. 30, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today a contract to work with NuScale Power (NYSE: SMR) ("NuScale") to develop a Hydrogen Plant Model for NuScale's VOYGR TM small... Read More

Carbon Free Power Project’s Project Management Committee passes resolution to move the Project forward on schedule NuScale Power Corporation (NYSE: SMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that Chris Colbert, Chief Financial Officer, will participate in an upcoming investor conference. UBS Winter Infrastructure & Energy Conference Date: January 10, 2023 Format: 1x1 and small group meetings Location: Park City, UT About NuScale Power Corporation... Read More

Company prepares to bring its SMR technology to market this decade On January 1, 2023, NuScale Power Corporation (NYSE: SMR) completed submission of a Standard Design Approval (SDA) application to the U.S Nuclear Regulatory Commission (NRC) for its updated small modular reactor (SMR) design, which is based on a VOYGR™-6 (6-module) configuration powered by an uprated 250 MWt (77 MWe) module. The design features the same... Read More

NuScale Secures RoPower as the Company’s Second Committed Customer NuScale Power, LLC (NuScale) and Romania’s RoPower Nuclear S.A. (RoPower), owned in equal shares by S.N. Nuclearelectrica S.A. and Nova Power & Gas S.A., announced today that a contract for Front-End Engineering and Design (FEED) work was signed between parties on December 28, 2022, marking a significant step toward the deployment of a NuScale VOYGR™ small... Read More

Reaching another critical milestone, over 12,000 deliverables were completed NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, announced today it has completed the Standard Plant Design (SPD) project ahead of schedule. This announcement demonstrates NuScale’s preparedness for facility construction and equipment... Read More

NuScale Power Corporation (NYSE: SMR) announced today that Karin Feldman will assume the role of interim Chief Operating Officer/Chief Nuclear Officer (COO/CNO) effective January 6, 2023. Current COO/CNO, Dale Atkinson, will retire on January 5, 2023, after more than eight years with NuScale. NuScale thanks Atkinson for his service and dedication, especially throughout the regulatory licensing and product development period... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced the appointment of two new board members, Dr. Bum-Jin Chung and Mr. Shinji Fujino, who each bring deep nuclear expertise and outstanding experience in national and international governing bodies. This expands NuScale’s Board of Directors from eight to 10 members... Read More

Contracts include important design and future fabrication activities, critical to NuScale’s small modular reactor (SMR) technology delivery NuScale Power, LLC (NuScale) announced today it has awarded two new contracts to Framatome to design fuel handling equipment and fuel storage racks for NuScale’s VOYGR™ SMR power plant. This marks a critical supply chain and manufacturing development step, as NuScale fulfills customers’... Read More

NuScale and industry participants will assess new concepts for use in small modular reactor power plants NuScale Power, LLC (NuScale) along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR™ small modular reactor (SMR) power plant. The... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that Chris Colbert, Chief Financial Officer, will participate in three upcoming investor conferences taking place in November and December. Details of each appearance are as follows: Morgan Stanley Sustainable Megatrends Conference Date: November 21, 2022 at 11... Read More

CHARLOTTE, N.C. , Nov. 15, 2022 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today it is joining the United Nations 24/7 Carbon-Free Energy Global Compact ("Compact"). Nucor is the first major industrial company to join this global effort, which is aimed at accelerating the decarbonization of the world's electricity systems to mitigate climate change and ensure access to clean and affordable electricity. "For more... Read More

NuScale joins energy buyers, energy suppliers, governments, investors and other organizations in committing to decarbonizing global electricity systems NuScale Power Corporation (NYSE: SMR) has joined the United Nations (UN) 24/7 Carbon-free Energy Compact (CEC) to advance the UN’s goal of accelerating the decarbonization of the world’s electricity systems to mitigate climate change and ensure access to clean and affordable... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2022. Please visit this link to view the earnings press release. The supplementary information included in the third quarter slide presentation is available under the “Financials” section of the investor... Read More

In partnership with the Idaho State University, control room simulator to offer hands-on nuclear science and engineering learning opportunities Today, NuScale Power LLC (NuScale) proudly announced the opening of the fourth NuScale Energy Exploration (E2) Center in collaboration with Idaho State University in Pocatello, ID. The E2 Center, to be called the Reactor Control Room & Simulator Lab, will give students of the... Read More

NuScale and Prodigy combining their technologies as a rapidly-deployable baseload clean energy solution for coastal countries and island nations NuScale Power LLC (NuScale) and Prodigy Clean Energy Ltd. (Prodigy) have announced a new conceptual design for a transportable and marine-based small modular reactor (SMR) power generating facility that provides dramatically improved transportability, manufacturability, economics,... Read More

Approved methodology enables NuScale’s unparalleled safety to merit a smaller Emergency Planning Zone for potential locations NuScale Power LLC (NuScale) announced today that the U.S. Nuclear Regulatory Commission’s (NRC) Advisory Committee on Reactor Safeguards (ACRS) issued letter ML22287A155 , concurring with NRC staff, stating that the NuScale methodology for determining the appropriate size of the Emergency Planning... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss third quarter 2022 results on Monday, November 14, 2022, at 8:30 a.m. ET. The third quarter 2022 earnings release will be available on the investor relations website at https://ir.nuscalepower.com prior to the event. The... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor technology, today announced that Chief Financial Officer Chris Colbert will participate and meet with investors at the upcoming UBS Global Energy Transition Conference in London, United Kingdom, on Wednesday, September 14. About NuScale Power NuScale Power (NYSE: SMR) is poised to meet the... Read More

On September 7, 2022, during the Economic Forum in Karpacz, Poland, NuScale Power LLC (NuScale) and Poland’s KGHM Polska Miedź S.A. (KGHM) signed the first Task Order and a Statement of Commencement to begin work under the Early Works Agreement (EWA) signed by the companies in February 2022. Under the Task Order, NuScale will... Read More

Alliance establishes a “one-stop-shop” for nuclear power asset development, management, financing, investment, and execution NuScale Power Corporation (NuScale) and Habboush Group (HG) have entered into an agreement forming a strategic alliance that establishes a “one-stop-shop” for the financing, investment, development, execution, and management of NuScale-powered projects and opportunities. This new globally-oriented,... Read More

NuScale Power (NuScale) announced today that it has signed a memorandum of understanding (MOU) with Fermi Energia, an Estonian energy company that is looking to adopt clean energy power sources to meet the country’s ambitious climate goals. Under the agreement, Fermi Energia will evaluate NuScale’s groundbreaking small modular reactor (SMR) design for deployment in Estonia. In July 2019, Fermi Energia announced it would... Read More

NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (SMR) technology, today reported results for the second quarter and the first six months of 2022. “This is an exciting time for NuScale. Our long-term vision is clear, our goals are achievable, and we have a committed and diverse stable of investors and strategic... Read More

NuScale Power Corporation (NuScale) and National Technical Systems (NTS) signed a Business Collaboration Agreement (BCA) to begin development of an Equipment Qualification (EQ) Test Chamber. This technology, built by NTS, will allow NuScale to mimic the range of environmental conditions under which NuScale equipment is required to function in order to meet U.S. Nuclear Regulatory Commission and plant-specific requirements.... Read More

NuScale Power Corporation (“NuScale” or the “Company”) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (“SMR”) technology, today announced that management will host a conference call for investors and analysts on Wednesday, August 10, at 5:00 p.m. ET to discuss the Company’s Second Quarter 2022 financial results. The Company plans to post a press release... Read More

NuScale Power (“NuScale”) and Paragon Energy Solutions (“Paragon”) signed a license agreement that will enable potential widespread use of the innovative and advanced Highly Integrated Protection System (HIPS) platform. The HIPS platform is a reactor protection system architecture jointly developed by NuScale and Rock Creek Innovations (RCI), a hardware supplier of commercial nuclear protections systems, who was acquired by... Read More

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, today announced that the Securities and Exchange Commission (“SEC”) has declared the Company’s registration statement on Form S-1 (File No. 333-264910) effective as of July 1, 2022. Such declaration does not imply that the SEC has approved or opined on the merits of the... Read More

NuScale Power LLC (“NuScale”) announced today that the company will make a strategic shift from product development to product delivery by establishing the new VOYGR™ Services and Delivery (VSD) business unit. Comprised of services, supply chain, and client management functions, this new organization will be dedicated to working with customers and tasked with the delivery of services and equipment associated with the sale,... Read More

NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, today announced that it will attend several upcoming investor conferences during the month of June. NuScale is slated to appear at the virtual Cowen Sustainability and Energy Transition Conference on June 7, followed by the Stifel Cross-Sector Insight... Read More

NuScale Power Corporation (“NuScale Power” or the “Company”) (NYSE: SMR), the industry-leading provider of proprietary advanced nuclear small modular reactor (“SMR”) technology, today provided a business update and reaffirmed its financial outlook. “We are extremely proud of our recent public listing, which is built on decades of innovation, investment and the expertise of our talented team, many of whom have dedicated their... Read More

NuScale Power Corporation (“NuScale” or the “Company”) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (“SMR”) technology, today announced that it will host a Company Update call for investors and analysts on Friday, June 3, at 11:00 a.m. Eastern Time. President and Chief Executive Officer, John Hopkins, and Chief Financial Officer and Chief Strategy Officer,... Read More

NuScale Power LLC (“NuScale”) announced today its plans to open the fourth NuScale Energy Exploration Center (“E2 Center”) in collaboration with the U.S. and the Romanian governments. The NuScale small modular reactor (“SMR”) simulator will be installed at the University Politehnica of Bucharest to support workforce capacity building of Romania’s next generation of nuclear experts, technologists and operators. As the first... Read More

NuScale Power LLC (“NuScale”) announced today a Memorandum of Understanding (“MOU”) with Romania’s state nuclear power corporation S.N. Nuclearelectrica S.A. (“Nuclearelectrica”) to conduct engineering studies, technical reviews, and licensing and permitting activities at a site in Doicesti, Romania that is the preferred location for the deployment of the first NuScale VOYGR™ power plant. The announcement, highlighted today... Read More

NuScale Power LLC (“NuScale”) and Associated Electric Cooperative (”Associated”) signed a Memorandum of Understanding (MOU) to evaluate NuScale’s VOYGR™ power plants for potential deployment. This announcement showcases the ever-growing demand for NuScale’s small modular reactor (”SMR”) technology to supply communities across America with reliable, affordable and clean energy. Headquartered in Springfield, Missouri,... Read More