Nuscale Power reports Q4 revenue $34.2M vs $4.6M last year

“As the first and only small modular reactor technology to receive NRC design approval and certification, and with long lead materials for 12 modules already in production, NuScale is the first mover in commercial SMR development,” said John Hopkins, President and Chief Executive Officer of NuScale Power (SMR). “Alongside our developer partner ENTRA1 Energy, we are in advanced commercial dialogue with major technology and industrial companies, utilities, and national and local governments. Each is urgently seeking clean, emissions-free energy and process heat that they can rely on every hour of every day. Whether for AI and the data economy or industrial applications, prospective customers are adamant that no resource is more important in the years ahead than 24/7 clean energy at scale.”