NuScale Power Corporation develops proprietary small modular reactor nuclear technology centered on the NuScale Power Module, a pressurized water reactor design certified by the U.S. Nuclear Regulatory Commission. Company news commonly covers SMR commercialization, project planning, supply-chain and fuel-fabrication relationships, and applications for electrical generation, data centers, district heating, desalination, hydrogen production, and industrial process heat.
Recurring updates also include operating and financial results, capital-market activity, strategic partnerships, customer and industrial collaborations, and expansion of project-execution capabilities. NuScale’s disclosures frequently connect its reactor technology to deployment programs, energy and industrial customers, and the infrastructure needed to support commercial use of its SMR platform.
NuScale Power (NYSE: SMR) will host a conference call on November 5, 2026, to review its third-quarter 2026 results. The call is scheduled for 5:00 p.m. ET and can be accessed by telephone or through the company’s Quarterly Results webpage. A webcast replay will be available for 30 days.
NuScale Power (NYSE: SMR) and advanced nuclear materials manufacturer MillenniTEK announced successful fabrication of first-of-a-kind boron-oxide pellets for NuScale’s passive emergency core cooling system (ECCS).
According to NuScale, this is a key step toward commercialization readiness, maturing specialized components and manufacturing processes that support deployment of its U.S. Nuclear Regulatory Commission-approved small modular reactor technology. The pellets are designed to dissolve into reactor coolant upon ECCS actuation to help control and maintain core reactivity at safe levels without operator intervention. NuScale highlighted the milestone as evidence of progress in engineering, manufacturing readiness, supply chain development, and preparation for first customer deployments.
NuScale Power (NYSE: SMR) announced the deployment of nuclear-specific AI tools from Nuclearn and NPX to support its engineering and knowledge-management functions as it advances its small modular reactor (SMR) program. The initiative integrates Nuclearn’s AtomAssist AI platform and NPX’s nuclear project and AI implementation experience with NuScale’s proprietary reactor knowledge.
According to NuScale, an initial proof of concept showed that designed-for-nuclear AI terminology and workflows can cut the time needed to find relevant information by up to 80%, while maintaining traceability to controlled engineering and licensing sources. The AI tools are intended to help NuScale make timely, informed decisions, preserve safety and quality standards, and support deployment of NuScale Power Modules for diverse clean-energy applications.
Curio, NuScale Power (NYSE: SMR), and Framatome signed a Memorandum of Understanding to jointly evaluate next-generation nuclear fuel cycle solutions. The three companies plan to study integrated source-to-product and source-to-fuel pathways using Curio’s NuCycle recycling technology, which is designed to recover valuable materials from used nuclear fuel and reduce residual waste volumes by up to 97%.
The collaboration will involve technical assessments, feasibility studies, and supply chain analyses to explore future development agreements and commercial partnerships. The parties aim to identify practical routes to strengthen U.S. and international nuclear fuel supply chains, support advanced reactor deployment, and help meet growing demand for reliable, carbon-free nuclear energy.
NuScale Power (NYSE: SMR) reported second quarter 2026 results highlighted by strategic project progress and a significantly strengthened balance sheet. The company ended the quarter with $1.9 billion in cash, cash equivalents and short- and long-term investments, supported by $984.5 million of net proceeds from common stock issuance in the first half.
NuScale’s partner ENTRA1 Energy continues discussions with the Tennessee Valley Authority toward a definitive PPA for what NuScale describes as a potentially largest U.S. nuclear deployment program. In Europe, NuScale is working with Nuclearelectrica and RoPower to satisfy conditions following shareholder approval to advance the Doicești, Romania SMR project using six NuScale Power Modules.
The company also awarded Paragon a contract to complete final design development of the Highly Integrated Protection System, described as a key milestone for supply chain readiness. For Q2 2026, revenue fell to $75 thousand from $8.1 million a year earlier as prior RoPower FEED Phase 2 work concluded, while research and development and general and administrative expenses increased. NuScale reported a Q2 loss from operations of $64.0 million and a net loss of $50.1 million, compared with $43.1 million and $37.6 million, respectively, in Q2 2025.
NuScale Power (NYSE: SMR) announced it will host a conference call to review second quarter 2026 results on Wednesday, August 5, 2026, at 5:00 p.m. ET.
Investors can join by phone or via webcast on the company’s Quarterly Results webpage, with a replay available for 30 days.
Eagle Nuclear Energy (NASDAQ: NUCL) is pursuing an integrated strategy across domestic uranium and small modular reactors (SMRs). It controls the Aurora Uranium Project in Oregon, described as the largest conventional measured-and-indicated U.S. uranium resource, and has engaged Tensor Medium to support AI-based SMR simulation and optimization.
Aurora hosts 32.75 million pounds indicated and 4.98 million pounds inferred uranium resources. Eagle targets a Pre-Feasibility Study in the second half of 2027 and plans a 47-hole, ~27,000-foot drill program starting July 2026, while advancing an early-stage SMR program.
NuScale Power (NYSE: SMR) awarded Paragon, a Mirion Technologies company, a contract to complete final design development of the Highly Integrated Protection System (HIPS) for the NuScale Power Module (NPM).
The work covers three key instrumentation and control systems plus independent verification and validation for safety-critical software.
Summary not available.
NuScale Power (NYSE: SMR) added two new members, Stuart A. Harshaw and Dr. Dale E. Klein, to its Board of Directors following their May 29, 2026 election at the Annual Meeting of Stockholders.
The board now has nine directors, including eight independent members, which NuScale highlights as strengthening governance, leadership, and long-term strategic direction.