Recent Updates — SMR
NuScale Power Corporation entered into a Sales Agreement with UBS Securities LLC and several other sales agents on August 11, 2026. The agreement establishes an at-the-market offering program allowing the company to sell up to $750 million of its Class A common stock at its sole discretion. NuScale will set specific parameters for these sales, including daily volume limits and minimum price thresholds. The sales agents are entitled to a commission of up to 2% of the gross proceeds from any shares sold under this program. This offering is conducted pursuant to an effective Registration Statement on Form S-3ASR filed in August 2025. NuScale Power Corporation operates in the nuclear energy sector, specializing in small modular reactor technology.
NuScale Power Corporation reported financial results for the second quarter ended June 30, 2026. The company recorded a net loss attributable to Class A common stockholders of $47.5 million, or $0.13 per share, compared to a $17.6 million loss in the prior year period. Revenue dropped significantly to $75,000 from $8.1 million, primarily due to the completion of Fluor FEED Phase 2 engineering services for the RoPower project in late 2025 with no comparable activity in 2026. Operating expenses increased, with R&D rising by $6.6 million and G&A increasing by $4.4 million year-over-year. The company ended the quarter with a liquidity position of $1.9 billion in cash, equivalents, and investments. NuScale Power Corporation operates in the advanced nuclear energy sector, providing proprietary small modular reactor (SMR) technology.