About NuScale Power
NuScale Power is a company based in Portland (United States) founded in 2007 by Jose N Reyes was acquired by Chubu Electric Power in September 2023. NuScale Power has raised $198.15 million across 10 funding rounds from investors including IHI Corporation, DOE and JGC Holdings Corporation. The company has 484 employees as of December 31, 2024. NuScale Power offers products and services including NuScale Power Module, E2 Centers, and Plant Services. NuScale Power operates in a competitive market with competitors including Newcleo, X Energy, Oklo, Westinghouse Electric and Radiant Nuclear, among others.
- Headquarter Portland, United States
- Employees 484 as on 31 Dec, 2024
- Founders Jose N Reyes
- Stage Public
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Nuscale Power Corporation
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Annual Revenue
$37.05 M (USD)62.41as on Dec 31, 2024
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Net Profit
-$136.62 M (USD)-134.1as on Dec 31, 2024
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EBITDA
-$136.88 M (USD)49.86as on Dec 31, 2024
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Total Equity Funding
$198.15 M (USD)
in 10 rounds
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Latest Funding Round
$60 M (USD), Series C
Jul 20, 2021
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Investors
IHI Corporation
& 7 more
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Employee Count
484
as on Dec 31, 2024
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Acquired by
Chubu Electric Power
(Sep 08, 2023)
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IPO & Listings of NuScale Power
NuScale Power is a publicly listed company on the NYSE with ticker symbol SMR in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of NuScale Power
NuScale Power offers a comprehensive portfolio of products and services, including NuScale Power Module, E2 Centers, and Plant Services.
Small modular reactor for reliable clean energy production
Hands-on training programs for SMR operations and research
Licensing, construction, and operations support for nuclear plants
People of NuScale Power
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Funding Insights of NuScale Power
NuScale Power has successfully raised a total of $198.15M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NuScale Power
NuScale Power has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include IHI Corporation, DOE and JGC Holdings Corporation.
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Development of solar and wind energy power projects is undertaken.
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Heavy machinery equipment including ships and jet engines is manufactured.
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Investor details for NuScale Power
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Investments & Acquisitions by NuScale Power
Investment portfolio details for NuScale Power
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Financial Statements - NuScale Power
Detailed financials for NuScale Power
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Nuscale Power Comparisons
Peer comparison for NuScale Power
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Competitors of NuScale Power
NuScale Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Newcleo, X Energy, Oklo, Westinghouse Electric and Radiant Nuclear, among others.
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Advanced nuclear reactors are designed, built, and operated by Newcleo.
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Small modular and high-temperature gas-cooled nuclear reactors are developed.
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Small modular reactors are developed for advanced nuclear energy solutions.
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Small modular reactors are developed for nuclear power applications.
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Designer of microreactor technology for power generation and industrial heat
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Detailed competitors of NuScale Power
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Latest news on Nuscale Power
Complete news archive for NuScale Power
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Frequently Asked Questions about NuScale Power
NuScale Power was founded in 2007 and raised its 1st funding round 1 year after it was founded.
NuScale Power is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
John L Hopkins is the current CEO of NuScale Power.
NuScale Power is a funded company, having raised a total of $198.15M across 10 funding rounds to date.
As of Dec 31, 2024, the latest employee count at NuScale Power is 484.
Annual revenue of NuScale Power is $37.05M as on Dec 31, 2024.
NuScale Power was established in 2007 in Portland, United States, within the nuclear energy sector. Small modular reactors are designed and engineered by the company to enable flexible, factory-built nuclear power plants. Operations emphasize safety-certified technology for electricity production, with applications in utilities and remote sites. Leadership includes co-founder Jose N. Reyes and CEO John L. Hopkins, supporting global deployment efforts.
NuScale Power's top competitors include Newcleo, X Energy and Radiant Nuclear.
NuScale Power offers NuScale Power Module, E2 Centers, and Plant Services.
Yes, NuScale Power is publicly traded on NYSE under the ticker symbol SMR.
NuScale Power has 8 investors. Key investors include IHI Corporation, DOE, JGC Holdings Corporation, Chubu Electric Power, and Fluor.
The ticker symbol of NuScale Power is SMR on NYSE.