Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
01 March 2022Website:
http://www.nuscalepower.comNext earnings report:
09 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 05 Jul 2024 23:59:59 GMTDividend
Analysts recommendations
Institutional Ownership
SMR Latest News
NuScale Power is a nuclear power stock. It is majority-owned by the construction and engineering company Fluor.
NuScale Power is a pioneer in the development of small modular reactors (SMRs). The U.S. government announced $900 million in funding to assist the advancement of SMRs.
China has a 10- to 15-year lead over the U.S. in advanced nuclear power technology. Bill Gates wants to change that and is investing billions in a nuclear power start-up called TerraPower.
NuScale Power reported a big loss in its first quarter. The company, however, says it is close to commercializing its nuclear technology that will produce clean energy.
NuScale Power Corporation NYSE: SMR is at the forefront of the nuclear energy sector, which is part of the renewable energy sector. NuScale focuses on developing and deploying advanced, small modular reactor (SMR) technology.
NuScale Power has plans to make small-scale nuclear power plants. Nuclear power does not produce carbon dioxide and provides base load, or always-on, power.
NuScale Power has plans to make small-scale nuclear power plants. It recently received its first order, which totals 24 small-scale nuclear power plants.
NuScale Power's stock has rallied strongly in a very short period of time. The company is working to create small-scale nuclear power plants.
The Biden administration announced billions of dollars of support for the nuclear industry last week. Uranium mining stocks benefitted from this news last week, so this week, investors are looking for other stocks that could benefit.
NuScale's first quarter performance is expected to have been supported by a growing demand for secure and environmentally friendly energy, as well as efforts to reduce costs.
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What type of business is NuScale Power?
NuScale Power Corporation develops and sells modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module, a water reactor that can generate 77 megawatts of electricity (MWe); The VOYGR-12 power plant that can generate 924 MWe; and four-module VOYGR-4 and six-module VOYGR-6 plants, as well as other configurations based on customer needs. NuScale Power Corporation was founded in 2007 and is headquartered in Portland, Oregon. NuScale Power Corporation operates as a subsidiary of Fluor Enterprises, Inc.
What sector is NuScale Power in?
NuScale Power is in the Industrials sector
What industry is NuScale Power in?
NuScale Power is in the Specialty Industrial Machinery industry
What country is NuScale Power from?
NuScale Power is headquartered in United States
When did NuScale Power go public?
NuScale Power initial public offering (IPO) was on 01 March 2022
What is NuScale Power website?
https://www.nuscalepower.com
Is NuScale Power in the S&P 500?
No, NuScale Power is not included in the S&P 500 index
Is NuScale Power in the NASDAQ 100?
No, NuScale Power is not included in the NASDAQ 100 index
Is NuScale Power in the Dow Jones?
No, NuScale Power is not included in the Dow Jones index
When does NuScale Power report earnings?
The next expected earnings date for NuScale Power is 09 August 2024