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Recent Updates — SMR

August 11, 2026View Source ↗

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.

August 5, 2026View Source ↗

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.