NuScale Power (SMR)

Each module is designed to produce 77 megawatts of electric power, and multiple modules can be combined within a single plant configuration. NuScale markets these configurations under the VOYGR brand, allowing customers to consider different plant sizes depending on grid needs, site requirements, and capital plans. The company’s approach uses established light-water reactor principles, while emphasizing simplified systems, factory-fabricated components, and passive safety features that rely on natural circulation and other inherent processes rather than complex active systems.

NuScale’s technology is aimed at several potential markets. These include replacing retiring fossil-fuel generation, supporting grids with high renewable penetration, powering industrial facilities, and providing heat or electricity for energy-intensive applications. Its E2 Centers are designed to help prospective customers, regulators, and stakeholders understand plant operations through simulation and educational tools.

The company is notable because it represents one of the more advanced publicly traded efforts to commercialize SMR technology in the United States. NuScale remains tied to the long development timelines, regulatory scrutiny, financing requirements, and project execution risks typical of nuclear energy. Its investment case is therefore closely linked to whether SMRs can move from licensed designs and planned deployments into commercially operating power plants.