Overview
- The Army announced the Janus program to deploy nuclear microreactors at military bases worldwide to provide steady, resilient power.
- Under Janus, the Army will work with the Defense Innovation Unit and the Department of Energy, and the reactors are intended to be commercially owned and operated.
- NuScale shares surged on the news, hitting an all-time high intraday and closing up about 16.7% on Wednesday, with week-to-date gains reported above 25%.
- Coverage cites a May executive order supporting reactor development and reports a Department of Defense goal for a fully operational reactor by September 30, 2028.
- NuScale holds the only U.S. SMR design approved by the Nuclear Regulatory Commission, while its roughly $11 billion market value far exceeds about $56 million in trailing 12‑month revenue.