Articles from NuScale Power

NuScale Power Corporation (NuScale or the Company) (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024. With the appointment of Walters, the Board comprises 10 directors, six of whom are independent.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, today announced the results of its previously announced redemption of all of its outstanding warrants (the Warrants) to purchase shares of the Company’s common stock, par value $0.00001 per share (the Common Stock).

NuScale Power Corporation (NuScale or the Company) (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced the opening of its next Energy Exploration (E2) Center at The Ohio State University in Columbus to help support the development of the next generation’s nuclear workforce.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, today announced that the Company will redeem all of its outstanding warrants to purchase shares of the Company’s Class A Common Stock, par value $0.0001 per share (the Common Stock), that remain outstanding at 5:00 p.m. EST on Thursday, December 19, 2024 (the Redemption Date), for a redemption price of $0.01 per warrant (the Redemption Price).

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several upcoming institutional investor conferences. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2024.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review third quarter 2024 results on Thursday, November 7, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the second quarter ended June 30, 2024.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several upcoming institutional investor conferences. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.

NuScale Power Corporation (NuScale or the Company) (NYSESMR) today issued the following statement in response to a report on July 29, 2024:

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review second quarter 2024 results on Thursday, August 8, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in May and June 2024. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the first quarter ended March 31, 2024.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review first quarter 2024 results on Thursday, May 9, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2023.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NuScale or the Company) (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, announced certain strategic actions to better position itself commercially, financially, and strategically.

NuScale Power Corporation (NuScale) (NYSESMR), the only technology provider and producer of small modular reactors (SMR) that has obtained U.S. Nuclear Regulatory Commission approval, today announced that Jim Breuer has joined the company’s Board of Directors, effective December 19, 2023. Breuer will replace Christopher Panichi, who has served on the NuScale board and the board of NuScale Power, LLC since 2020.

NuScale Power Corporation (NYSESMR) announced today its partnership with Oak Ridge National Laboratory (ORNL) to perform a techno-economic assessment (TEA), studying a NuScale small modular reactor’s (SMR) ability to implement a cost-effective steam heat augmentation design. The study will be based on process data from a U.S. chemical facility to help the plant meet its electric power and process steam requirements with NuScale’s carbon-free, nuclear technology. This work will be a highly collaborative effort with engineers from ORNL and NuScale forming a composite engineering team. The proposed deliverables of the techno-economic assessment are anticipated to be completed within one year.

NuScale Power Corporation (NYSESMR) announced today the opening of the first privately-funded NuScale Energy Exploration Center (E2 Center) at Seoul National University (SNU) with partners GS Energy Corporation, Doosan Enerbility Co. Ltd., and Samsung C&T Corporation. As the first E2 Center in Asia, the educational training hub serves as a workforce development tool for South Korea to develop the next generation of advanced nuclear experts, technologists, and operators, positioning the country to become a regional leader of small modular reactor (SMR) deployment in Asia.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in November and December 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one meetings, secure a time.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2023.

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NuScale) (NYSESMR) announced today that they have mutually agreed to terminate the Carbon Free Power Project (CFPP).

NuScale Power Corporation (NuScale or the Company) (NYSESMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report).

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 third quarter results on Wednesday, November 8, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day.

Standard Power, a provider of infrastructure as a service to advanced data processing companies, announced its plans to develop two small modular reactor (SMR)-powered facilities that will together produce nearly 2GW of clean, carbon free energy and has chosen to work with technology provider NuScale Power Corporation (NuScale) (NYSESMR), the only technology provider and producer of SMRs that has obtained U.S. regulatory approval, and ENTRA1 Energy (ENTRA1), an independent global energy development and production company, to support Standard Power’s two projects.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host an Analyst Day on Friday, October 6, 2023, from 8:00 a.m. to 12:00 p.m. ET at the New York Stock Exchange.

The bulleted list of conferences in the release has been updated.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the second quarter ended June 30, 2023.

NuScale Power Corporation (NYSESMR) today announced updates to its senior leadership team to support the Company as it advances in the manufacturing and commercial deployment phase of its VOYGR™ small modular reactor (SMR) power plants. Effective immediately, Robert Ramsey Hamady has been appointed Chief Financial Officer, succeeding Chris Colbert, who has departed the company.

NuScale Power Corporation (NYSESMR) today announced the U.S. Nuclear Regulatory Commission (NRC) accepted its Standard Design Approval (SDA) Application for formal review. After beginning the technical review of NuScale’s application in March 2023, the NRC has docketed the application for NuScale’s VOYGR™-6 plant design featuring an uprated 77 MWe small modular nuclear reactor (SMR), which will support capacity requirements for a wider range of customers. The NRC provided a 24-month review schedule for approval, which will align with the timing needs of NuScale’s U.S. customers.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 second quarter results on Wednesday, August 9, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NYSESMR) announced that Carl Fisher will join the company as Chief Operating Officer (COO) beginning July 24, 2023. As COO, Fisher will lead the operations, engineering, project management, quality assurance, information technology, and regulatory affairs functions and report to John Hopkins, NuScale’s President and Chief Executive Officer.

At a signing ceremony on June 7, 2023, NuScale Power Corporation (NYSESMR) and Accelerant Solutions announced an agreement for the development and implementation of a NuScale Licensed Operator Training Program.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in June 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one meetings, secure a time.

New research from NuScale Power (NYSESMR) demonstrates the advanced capabilities of NuScale small modular reactors (SMRs) for reducing emissions in industrial sectors, which is critical to meeting global climate goals. Led by Co-Founder and Chief Technology Officer Dr. José Reyes, the benchmarked research found that NuScale SMRs have the potential for use in a wide variety of high-temperature industrial processes not previously envisioned using light water reactor (LWR) technology, such as heavy to light oil conversion, bulk plastic waste recycling, dissolving heavy oil to produce gasoline additives, and light plastics for the regeneration of products like synthesis gas. This capability will provide oil refiners and chemical companies with new options to decarbonize their operations and products using carbon-free nuclear energy.

NuScale Power (NuScale) announced today that it joined the Romanian Atomic Forum (ROMATOM) as a supporting member to champion the association’s nuclear energy goals and further the next generation of advanced nuclear technology experts, technologists, and operators in Romania. This move embodies NuScale’s commitment toward the development of clean nuclear energy with small modular reactor (SMR) technology in Romania and the broader European region.

On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSESMR) VOYGR™ small modular reactor (SMR) power plant in Romania. The public-private commitments include those from the United States, Japan, Republic of Korea, and United Arab Emirates, and will support procurement of long lead materials, Phase 2 Front-End Engineering and Design (FEED) work, provision of project management expertise, site characterization and regulatory analyses, and the development of site-specific schedule and budget estimates for project execution. In addition, the U.S Export-Import Bank (EXIM) and U.S. International Development Finance Corporation (DFC) issued Letters of Interest for potential support of up to $3 billion and $1 billion, respectively, for project deployment.

NuScale Power Corporation (NYSESMR) and Nucor Corporation (Nucor) today announced the two companies have signed a Memorandum of Understanding (MOU) to explore co-locating NuScale's VOYGR™ small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills. The companies will also explore an expanded manufacturing partnership through which Nucor, the largest steel producer and recycler of any type of material in North America, would supply EconiqTM, its net-zero steel products, for NuScale projects.

NuScale Power Corporation (NYSESMR) announced today the opening of a NuScale Energy Exploration Center (E2 Center) at University Politehnica of Bucharest in support of a collaboration with the United States and Romanian governments, and S.N. Nuclearelectrica S.A. (Nuclearelectrica). Key government officials attended the opening, including U.S. Ambassador to Romania Kathleen Kavalec, Romania Prime Minister Nicolae Ciuca, and Romanian Minister of Energy Virgil Popescu. As the first international E2 Center, this workforce development tool will enable Romania to develop the next generation of advanced nuclear experts, technologists, and operators and become a hub for deploying small modular reactors (SMR) in Europe.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the first quarter ended March 31, 2023.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at two conferences in May 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one meetings, secure a time.

Today, NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, announced that Orion Register Inc., a leading International Organization for Standardization (ISO) and industry-specific certification body, issued NuScale the highly regarded ISO 9001:2015 certification. Orion Register issued the certification after completing an evaluation of NuScale’s quality management system (QMS). The rigorous review process confirmed that NuScale has a strong quality system, which ensures consistent, high quality work, with strong focus on customer feedback and improvement.

NuScale Power Corporation (NYSESMR) announced today it has signed an memorandum of understanding (MOU) with Doosan Enerbility Co., Ltd. (Doosan) and Export-Import Bank of Korea (KEXIM) to strengthen collaboration among the three parties and support NuScale’s small modular reactor (SMR) deployment. This announcement leverages and bolsters an existing relationship between NuScale and Doosan, and it highlights the domestic and global manufacturing opportunities to build SMRs around the world.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2023 first quarter results on Tuesday, May 9, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day.

Today, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation’s (NYSESMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGRTM-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to support customers’ capacity needs and further improve economics.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2022.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, today announced that at the end of 2022, as scheduled, it placed the first upper reactor pressure vessel (RPV) long lead material (LLM) production order with Doosan Enerbility (Doosan), a world-class manufacturing and engineering company. The order is for materials essential to commence manufacturing of the first NuScale Power Modules that are scheduled to be in commercial operation at the Utah Associated Municipal Power Systems’ Carbon Free Power Project as early as 2029. In addition, NuScale and Doosan are aligned to manufacture additional modules for future NuScale VOYGR™ SMR power plant projects with similar delivery dates.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to conduct one-on-one and small group meetings with institutional investors at several conferences in March 2023. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one meetings, secure a time.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss 2022 fourth quarter and 2022 year-end results on Wednesday, March 15, 2023, at 5:00 p.m. ET. Financial results will be released after market close that day.

NuScale Power Corporation (NYSESMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the Development Cost Reimbursement Agreement (DCRA). This key milestone was reached with the receipt and acceptance of the CFPP’s Class 3 Project Cost Estimate (PCE), which further refines the anticipated total cost of the project.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that Chris Colbert, Chief Financial Officer, will participate in an upcoming investor conference.

On January 1, 2023, NuScale Power Corporation (NYSESMR) completed submission of a Standard Design Approval (SDA) application to the U.S Nuclear Regulatory Commission (NRC) for its updated small modular reactor (SMR) design, which is based on a VOYGR™-6 (6-module) configuration powered by an uprated 250 MWt (77 MWe) module. The design features the same fundamental safety case and totally passive safety features approved by the NRC in 2020, with a power uprate and select design changes to support customers’ capacity needs and further improve economics.

NuScale Power, LLC (NuScale) and Romania’s RoPower Nuclear S.A. (RoPower), owned in equal shares by S.N. Nuclearelectrica S.A. and Nova Power & Gas S.A., announced today that a contract for Front-End Engineering and Design (FEED) work was signed between parties on December 28, 2022, marking a significant step toward the deployment of a NuScale VOYGR™ small modular reactor (SMR) power plant in Romania.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, announced today it has completed the Standard Plant Design (SPD) project ahead of schedule. This announcement demonstrates NuScale’s preparedness for facility construction and equipment procurement and manufacturing of long-lead major engineered equipment, while underscoring the company’s unmatched level of progress toward delivering VOYGR™ SMR power plants to customers around the world.

NuScale Power Corporation (NYSESMR) announced today that Karin Feldman will assume the role of interim Chief Operating Officer/Chief Nuclear Officer (COO/CNO) effective January 6, 2023. Current COO/CNO, Dale Atkinson, will retire on January 5, 2023, after more than eight years with NuScale. NuScale thanks Atkinson for his service and dedication, especially throughout the regulatory licensing and product development period of the company.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced the appointment of two new board members, Dr. Bum-Jin Chung and Mr. Shinji Fujino, who each bring deep nuclear expertise and outstanding experience in national and international governing bodies. This expands NuScale’s Board of Directors from eight to 10 members and continues to grow the organization’s strong leadership.

NuScale Power, LLC (NuScale) announced today it has awarded two new contracts to Framatome to design fuel handling equipment and fuel storage racks for NuScale’s VOYGR™ SMR power plant. This marks a critical supply chain and manufacturing development step, as NuScale fulfills customers’ project timelines to deploy its groundbreaking technology by the end of the decade.

NuScale Power, LLC (NuScale) along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR™ small modular reactor (SMR) power plant. The project entitled, “Development and Demonstration of a Concept for an Economically Optimized IES,” will be completed in two phases. Additional research participants include Idaho National Laboratory, Utah Associated Municipal Power Systems (UAMPS), Fuel Cell Energy, FPoliSolutions, and GSE Solutions.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that Chris Colbert, Chief Financial Officer, will participate in three upcoming investor conferences taking place in November and December. Details of each appearance are as follows:

NuScale Power Corporation (NYSESMR) has joined the United Nations (UN) 24/7 Carbon-free Energy Compact (CEC) to advance the UN’s goal of accelerating the decarbonization of the world’s electricity systems to mitigate climate change and ensure access to clean and affordable electricity. The announcement was made as NuScale’s leaders participate at the 2022 United Nations Climate Change Conference in Sharm El-Sheikh, Egypt.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2022.

Today, NuScale Power LLC (NuScale) proudly announced the opening of the fourth NuScale Energy Exploration (E2) Center in collaboration with Idaho State University in Pocatello, ID. The E2 Center, to be called the Reactor Control Room & Simulator Lab, will give students of the university’s College of Technology the opportunity to learn about the innovative features and functionality unique to NuScale’s small modular reactor (SMR) technology.

NuScale Power LLC (NuScale) and Prodigy Clean Energy Ltd. (Prodigy) have announced a new conceptual design for a transportable and marine-based small modular reactor (SMR) power generating facility that provides dramatically improved transportability, manufacturability, economics, safety, and security. The updated concept will be used for engagements with utilities, regulators, and shipyard manufacturers.

NuScale Power (NuScale), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor technology, today announced the addition of Charles “Chuck” Goodnight to its executive leadership team as Vice President of Sales. The appointment of Goodnight comes as NuScale continues to s develop and execute its global sales strategy, which is projected to create new opportunities and drive efficiencies for the company.

NuScale Power LLC (NuScale) announced today that the U.S. Nuclear Regulatory Commission’s (NRC) Advisory Committee on Reactor Safeguards (ACRS) issued letter ML22287A155, concurring with NRC staff, stating that the NuScale methodology for determining the appropriate size of the Emergency Planning Zone (EPZ) is acceptable for use by NuScale small modular reactor (SMR) power plants. This methodology will determine an EPZ that provides the same level of protection to the public as the 10 mile radius EPZs used for existing U.S. nuclear power plants and is approved only for the NuScale SMR design, further demonstrating NuScale’s unparalleled safety.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to discuss third quarter 2022 results on Monday, November 14, 2022, at 8:30 a.m. ET.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor technology, today announced that Chief Financial Officer Chris Colbert will participate and meet with investors at the upcoming UBS Global Energy Transition Conference in London, United Kingdom, on Wednesday, September 14.

On September 7, 2022, during the Economic Forum in Karpacz, Poland, NuScale Power LLC (NuScale) and Poland’s KGHM Polska Miedź S.A. (KGHM) signed the first Task Order and a Statement of Commencement to begin work under the Early Works Agreement (EWA) signed by the companies in February 2022.

NuScale Power Corporation (NuScale) and Habboush Group (HG) have entered into an agreement forming a strategic alliance that establishes a “one-stop-shop” for the financing, investment, development, execution, and management of NuScale-powered projects and opportunities.

NuScale Power (NuScale) announced today that it has signed a memorandum of understanding (MOU) with Fermi Energia, an Estonian energy company that is looking to adopt clean energy power sources to meet the country’s ambitious climate goals. Under the agreement, Fermi Energia will evaluate NuScale’s groundbreaking small modular reactor (SMR) design for deployment in Estonia.

NuScale Power Corporation (NuScale or the Company) (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (SMR) technology, today reported results for the second quarter and the first six months of 2022.

NuScale Power Corporation (NuScale) and National Technical Systems (NTS) signed a Business Collaboration Agreement (BCA) to begin development of an Equipment Qualification (EQ) Test Chamber. This technology, built by NTS, will allow NuScale to mimic the range of environmental conditions under which NuScale equipment is required to function in order to meet U.S. Nuclear Regulatory Commission and plant-specific requirements.

NuScale Power Corporation (“NuScale” or the “Company”) (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor (“SMR”) technology, today announced that management will host a conference call for investors and analysts on Wednesday, August 10, at 5:00 p.m. ET to discuss the Company’s Second Quarter 2022 financial results. The Company plans to post a press release reporting its results on the Investor Relations section of its website at https://ir.nuscalepower.com/ after the close of the financial markets on August 10, 2022 and prior to the conference call.