General InformationNuScale Power is an Oregon-based company founded in 2007 that develops Small Modular Reactor (SMR) technology for nuclear power generation, with over 500 employees and a public listing on the NASDAQ.
Funding & FinancialsNuScale has raised approximately $2+ billion in total funding including strategic investments from major utilities and energy companies, with its most significant capital infusions coming through partnerships and its December 2022 NASDAQ IPO via SPAC merger with Spring Valley Acquisition Corp.
Leadership & TeamJohn Hopkins serves as President and CEO, bringing extensive nuclear and energy industry experience; the company has assembled a leadership team with deep expertise in reactor design, project management, and regulatory affairs.
Recent ActivityMost recently, NuScale announced progress on its first demonstration project with Utah Associated Municipal Power Systems (UAMPS) and expanded partnerships with major utilities and international energy companies for SMR deployment across multiple countries.