Overview
- NuScale remains the only U.S. developer with an NRC-certified small modular reactor design.
- Shares fell about 30% in December and sit roughly 75% below the year’s October peak near $57.
- Shareholders approved increasing authorized shares to 662 million from 332 million, heightening dilution concerns.
- The most recent quarter showed a net loss of about $532 million and cash of roughly $754 million, including $475 million raised from selling 13.2 million shares.
- Near-term opportunities are still nonbinding, including RoPower’s interest in six units in Romania and an MOU with ENTRA1 linked to TVA for up to 6 GW.