Nuscale Power (SMR) Stock Price

NuScale Power Corp. generates revenue by commercializing modular nuclear power plants based on its proprietary design. The company sells VOYGR SMR plants, which utilize the NuScale Power Module, a small pressurized water reactor producing 77 MWe per module. Customers purchase these plants for electrical generation, district heating, desalination, and hydrogen production, with configurations ranging from one to twelve modules. The VOYGR-4, VOYGR-6, and VOYGR-12 models offer scalable solutions up to 924 MWe, catering to diverse global energy needs. The firm targets commercial and industrial clients requiring reliable, scalable nuclear energy. Its products serve applications like district heating and process heat, with the VOYGR-12 designed for large-scale deployment. The company’s modular approach allows customers to start with smaller installations and expand as demand grows, ensuring flexibility in energy solutions. Each plant configuration is tailored to meet specific customer requirements across multiple sectors. NuScale Power Corp. focuses on delivering turnkey nuclear power plant designs rather than operating facilities. The company’s revenue model relies on selling these designs and associated technology to international clients. By offering scalable plant sizes, it addresses varying energy demands from small communities to large industrial complexes, ensuring broad market appeal without direct operational involvement.