Who / What
NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). The firm develops and sells 50 MWe nuclear modules that can be stacked up to 12 units (600 MWe) to form a scalable power plant.
Background & History
Founded in an unspecified year, NuScale is headquartered in Tigard, Oregon, and is listed on U.S. stock exchanges. The company focuses on creating modular nuclear technology for grid-scale power generation. Its VOYGR power plant, built from 50 MWe modules, achieved U.S. Nuclear Regulatory Commission (NRC) certification in 2022, becoming the first SMR to receive this approval.
Why Notable
NuScale’s SMR technology offers a safer, more flexible alternative to traditional large reactors, with modular deployment and lower upfront capital costs. The company’s achievements include securing NRC certification for its VOYGR design, demonstrating operational viability and regulatory compliance. Its market approach allows rapid scale‑up and integration into existing energy grids, positioning NuScale as a pioneer in next‑generation nuclear power.
In the News
Recent coverage highlights NuScale’s successful NRC certification of its VOYGR SMR in 2022 and the company’s ongoing pursuit of commercial deployment of modular nuclear reactors. This milestone underscores its leadership in nuclear innovation and federal acceptance of SMR technology.
