NuScale Power Corporation Stock Price, News & Analysis

NuScale Power (NYSE: SMR) has partnered with GSE Solutions to develop a hydrogen fuel cell generation and storage plant simulation model using GSE's JTopmeret modeling technology. The simulation supports NuScale's research initiatives for integrated energy systems focused on clean water and hydrogen production.

The collaboration resulted in redesigning steam supply, hydrogen compression, and heat recovery system control logic for NuScale's reversible solid oxide fuel cell (RSOFC), which interfaces with their existing SMR control room simulator in Corvallis, Oregon. The enhanced simulator can evaluate configurations for industrial applications requiring over 200 metric tons of hydrogen per day. Notably, NuScale becomes the first SMR company to integrate hydrogen production into its control room simulator.

NuScale Power Corporation (NYSE: SMR), a provider of advanced small modular reactor nuclear technology, has appointed Shahram Ghasemian as Chief Legal Officer and Corporate Secretary, effective June 30, 2025.

Ghasemian joins from Centrus Energy Corp., where he served as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary. His extensive background includes leadership positions within the federal government from 2006 to 2020, including roles at the U.S. Department of Energy, the U.S. Nuclear Regulatory Commission, and as a Senior Legislative Fellow on nuclear policy issues on Capitol Hill.

The new Chief Legal Officer holds a Juris Doctor from the University of Illinois Chicago School of Law and a Bachelor of Science degree in Civil and Environmental Engineering from the University of Wisconsin.

NuScale Power Corporation (NYSE: SMR) has announced breakthrough research programs focused on clean water production and hydrogen generation using their small modular reactor (SMR) technology. A single NuScale Power Module can produce approximately 150 million gallons of clean water daily through desalination, with 12 modules capable of serving 2.3 million residents while powering 400,000 homes. The company developed an innovative approach to hydrogen production using brine from desalination as feedstock, partnering with PNNL. This hydro-thermal chemical decomposition method eliminates the need for water electrolysis, reducing energy consumption and costs while remaining carbon-free. NuScale has also created an Integrated Energy System simulator at their headquarters for optimizing hydrogen production configurations for industrial applications requiring over 200 metric tons of hydrogen daily.

NuScale Power Corporation (NYSE: SMR) has opened its largest Energy Exploration (E2) Center at George Mason University's Fuse building in Arlington, VA. The center features a state-of-the-art 12-module simulator replicating a NuScale SMR control room, funded by the Virginia Clean Energy Innovation Bank. This facility, operational since May 30, 2025, will provide hands-on nuclear science and engineering education, allowing students to experience real-life scenarios as control room operators. The E2 Center, marking NuScale's 11th such facility globally, will also offer demonstrations and tours for local leaders and K-12 students. The initiative aims to develop Virginia's nuclear energy workforce and advance clean energy education.

NuScale Power Corporation (NYSE: SMR) has announced the opening of its 10th Energy Exploration (E2) Center™ at South Carolina State University. The facility features a 12-module control room simulator that provides hands-on nuclear power plant operation training. This E2 Center joins NuScale's global network of training facilities across North America, Europe, Africa, and Asia.

The center will serve multiple purposes: providing practical experience for students in nuclear power plant operations, facilitating community education through demonstrations, and offering tours for local leaders and K-12 students. The facility aims to prepare the next generation of nuclear energy professionals as demand for clean, reliable power grows.

NuScale Power (NYSE: SMR) reported its Q1 2025 financial results, showing significant revenue growth to $13.4 million, up from $1.4 million in Q1 2024. The company reduced its operating loss to $35.3 million from $44.0 million year-over-year. Operating expenses decreased to $42.3 million from $44.6 million. NuScale strengthened its financial position with $521.4 million in cash and equivalents, bolstered by raising $102.4 million through an ATM offering of 4.5 million shares. The company continues to progress on key initiatives, including the RoPower Doicești power plant FEED study and expects NRC approval for its 77 MWe design by July 2025. With 12 modules in manufacturing, NuScale remains on track for its first Power Module deployment in 2030.

NuScale Power (NYSE: SMR), a leader in advanced small modular reactor nuclear technology, has announced its participation in multiple prestigious investor conferences throughout May and June 2025. The company's management will attend six major institutional investor events, including:

• UBS Energy Transition & Decarbonization Conference (May 13, NY)
• B. Riley 25th Annual Investor Conference (May 21, CA)
• Craig-Hallum 22nd Annual Institutional Investor Conference (May 28, MN)
• Bank of America Power, Utilities & Alternative Energy Conference (May 28, NY)
• Wolfe Research Small and Mid-Cap Conference (June 4, Virtual)
• J.P. Morgan Energy, Power, Renewables & Mining Conference (June 24, NY)

Attendance is invitation-only for clients of the respective firms.

NuScale Power (NYSE: SMR), a provider of advanced small modular reactor nuclear technology, has announced its upcoming first quarter 2025 earnings conference call. The call is scheduled for Monday, May 12, 2025, at 5:00 p.m. ET. Investors and interested parties can access the call by dialing (888) 550-5460 with conference ID 4347254 or through the company's website Quarterly Results page. A replay of the webcast will remain available for 30 days after the event.