About NuScale Power
NuScale Power is a publicly listed company based in Portland (United States) founded in 2007 by Jose N Reyes, and was acquired by Chubu Electric Power in September 2023. It operates as a micro modular nuclear reactors are developed for scalable power generation. 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. Its chief executive is John L Hopkins. Its website nuscalepower.com draws about 111 thousand monthly visits. NuScale Power offers products and services including NuScale Power Module, E2 Centers, and Plant Services. Its focus areas include Energy, Nuclear Energy, Hardware Developer and Reactors. Its competitors include Newcleo, X Energy, Oklo, Westinghouse Electric and Radiant Nuclear and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Portland, United States
- Employees 484
- Founders Jose N Reyes
- Stage Public
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website nuscalepower.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Chubu Electric Power (Sep 2023)
- Legal Name Nuscale Power Corporation
- Annual Revenue$31.48 M (USD)-15.02as on Dec 31, 2025
- Net Profit-$355.79 M (USD)-160.42as on Dec 31, 2025
- EBITDA-$688.39 M (USD)-402.9as on Dec 31, 2025
- Total Equity Funding$198.15M (USD)
in 10 rounds
- Latest Funding Round$60M (USD), Series C
Jul 2021
- InvestorsIHI Corporation
& 7 more
- Employee Count484
- Acquired byChubu Electric Power
(Sep 2023)
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
Apps and channels of NuScale Power
its YouTube channel NuScale Power has 4.64K subscribers and 22 videos.
Videos from NuScale Power
The most watched videos on NuScale Power's YouTube channel, NuScale Power (4.64K subscribers). Click a video to play it here.
More on NuScale Power.
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.
- Total Funding $198.15M
- Total Rounds 10
- Last Round Series C — $60M
- First Round $2.65M
(Mar 2008)
- Investors Count 7
All 10 funding rounds of NuScale Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $60M | Series C | – | Doosan Enerbility | – |
| May 2021 | $20M | Series C | – | – | |
| Apr 2021 | $40M | Series C | – | – | |
| Dec 2019 | – | Series C | – | Doosan Enerbility, IBK Securities | – |
| Jul 2019 | $44M | Series C | – | Doosan Enerbility, IBK Securities | – |
| Dec 2013 | $226M | Grant | – | – | |
| Oct 2011 | $30M | Series B | – | – | |
| Oct 2009 | $1M | Series A | – | – | – |
| Jul 2009 | $500,000 | Series A | – | – | – |
| Mar 2008 | $2.65M | Series A | – | – |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cmea.com | - | |
Development of solar and wind energy power projects is undertaken. | 1962 | doosanenerbility.com | Changwon, South Korea | |
Heavy machinery equipment including ships and jet engines is manufactured. | 1853 | ihi.co.jp | Tokyo, Japan | |
Provider of soft infrastructure and EPC services to oil & gas industries | 1928 | jgc.com | Yokohama, Japan | |
Provides comprehensive investment solutions to support clients' financial goals. | 2008 | ibks.com | Seoul, South Korea | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - | |
Engineering and construction Company | 1912 | fluor.com | Irving, United States | |
Electricity and renewable energy are generated and distributed in Japan. | 1951 | chuden.co.jp | Nagoya, Japan |
Investor details for NuScale Power
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People of NuScale Power
185 people are tracked at NuScale Power (37 in leadership, 5 in board & advisors, 143 in team); the tracked headcount is 484.
| Name | Role | Group |
|---|---|---|
Jose N Reyes | Co-Founder | Leadership |
John L Hopkins | CEO | Leadership |
Kent Welter | Chief Engineer, Testing And Analysis | Leadership |
Lisa Kinney | Executive Assistant To The President & CEO | Leadership |
Mark Shaver | Director Of Regulatory Affairs | Leadership |
Chuck Goodnight | Vice President Of Business Development | Leadership |
Bob Bromm | Sr. Teaming Partner | Leadership |
Rafael Paz | Senior Director Of Financial Planning And Analysis | Leadership |
Tom Bergman | VP, Regulatory Affairs | Leadership |
Chris Colbert | Chief Strategy Officer & Chief Financial Officer | Leadership |
Dale Atkinson | Chief Operating Officer & Chief Nuclear Officer | Leadership |
John Hopkins | President & CEO | Leadership |
José N. Reyes | Chief Technology Officer & Co-Founder | Leadership |
Karin Feldman | VP, Program Management Office | Leadership |
Tom Mundy | Chief Commercial Officer | Leadership |
Bob Fessler | Director Of Project Controls | Leadership |
Jennifer Mortensen | Director, Digital Marketing & Marketing Operations | Leadership |
Ilker T. Budak | Director, Pmcoe (project Management Center Of Excellence) At Nuscale Power | Leadership |
Eric Fischer | Vice President, Information Technology | Leadership |
Michael Schmorleitz Sphr, Cebs | Director, Benefits And Compensation | Leadership |
165 more people are available in the full profile.
Complete people profiles for NuScale Power
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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.
- IPO date13 Oct 2022
- Listed onNASDAQ: SVIIU
- Listed entityNuScale Power Corporation
- Exchange sectorProducer manufacturing
- ISINUS67079K1007
- Share price$6.49 (-3.13% on the day) · 2026-10-13
- Market capitalisation$2.79B
- EPS (diluted, trailing year)$-2.28
- Volume (last session)29,555,681
Financials of NuScale Power
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $31.5M | -$355.8M | -$688.4M |
| 2024 | $37.0M | -$136.6M | -$136.9M |
| 2023 | $22.8M | -$58.4M | -$273.0M |
| 2022 | $11.8M | -$25.9M | -$224.9M |
| 2021 | $2.9M | -$102.5M | -$170.6M |
Detailed financial statements for NuScale Power
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Timeline of NuScale Power
5 dated milestones of NuScale Power across 16 years, from founding to its latest funding, stage changes and deals.
- Founded NuScale Power is founded.
- Funding First funding round of $2.6M.
- Funding Latest funding round, Series C, of $60.0M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Chubu Electric Power.
Competitors of NuScale Power
NuScale Power has 8 listed competitors in our database, 7 of them funded. They include Newcleo, X Energy, Oklo, Westinghouse Electric and Radiant Nuclear, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| newcleo.com | 2021 | London, United Kingdom | $842.85M | – | Advanced nuclear reactors are designed, built, and operated by Newcleo. | |
| x-energy.com | 2010 | Greenbelt, United States | $829.68M | 246 | Small modular and high-temperature gas-cooled nuclear reactors are developed. | |
| oklo.com | 2013 | Sunnyvale, United States | $120,000 | 2 | Small modular reactors are developed for advanced nuclear energy solutions. | |
| westinghousenuclear.com | 1886 | United States | – | – | Small modular reactors are developed for nuclear power applications. | |
| radiantnuclear.com | 2019 | Los Angeles, United States | $217.96M | 44 | Designer of microreactor technology for power generation and industrial heat | |
| terrestrialenergy.com | 2013 | Oakville, Canada | $117.64M | – | Small modular reactors are developed for integral molten salt technology. | |
| transatomicpower.com | 2010 | Cambridge, United States | $9.23M | – | Small modular reactors are developed for nuclear energy applications. | |
| lastenergy.com | 2019 | – | $64M | – | Developer of small modular reactor |
Detailed competitors of NuScale Power
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Web traffic of NuScale Power
The website of NuScale Power (nuscalepower.com) receives about 111.4K visits a month.
- Monthly visits111.4K
▲ 22.9% vs previous month
Websites whose visitors overlap most with NuScale Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| world-nuclear-news.org | 100% | – | #176,994 | View details | |
safesecurevital.com | safesecurevital.com | 85% | – | – | – |
| inl.gov | 82% | 304.2K | #156,718 | View details | |
| iaea.org | 82% | 1.1M | #45,729 | View details | |
| ieaghg.org | 82% | 37.6K | #823,571 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for NuScale Power
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Top companies in Nuclear & Fusion Energy
10 companies that operate in the same segment as NuScale Power (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of energy solutions | 1925 | Juno Beach, Florida, United States | – | USD 26.53 B | 16,800 | |
Fuel and power producer in the nuclear energy sector | 2001 | United States | USD 307.86 M | – | – | |
Clean energy solutions for generation, retail, and heating are provided. | 1998 | Espoo, Finland | – | USD 5.86 B | 4,470 | |
Advanced nuclear reactors are designed for low-carbon energy solutions. | 2006 | Bellevue, Washington, United States | USD 1.46 B | – | 299 | |
Compact tokamak fusion reactors are developed with superconducting magnets. | 2018 | Cambridge, Massachusetts, United States | USD 3.93 B | – | – | |
Advanced nuclear reactors are designed, built, and operated by Newcleo. | 2021 | London, England, United Kingdom | USD 842.85 M | USD 11.38 M | 608 | |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | 2010 | Redmond, Washington, United States | USD 1.44 B | – | 593 | |
Energy corporation | 1903 | Newark, New Jersey, United States | – | USD 12.28 B | 13,050 | |
Energy utilities, natural gas, and communications technology are provided. | 1912 | United States | – | USD 29.55 B | 28,600 | |
FRC nuclear fusion reactors are developed using advanced beam technology. | 1998 | Lake Forest, California, United States | USD 1.32 B | – | 304 |
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Related news about 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. The company's 1st funding round was a Series A of $2.65M, raised on Mar 2008.
NuScale Power has 484 employees.
Annual revenue of NuScale Power is $31.48M as on Dec 31, 2025.
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.
Yes. NuScale Power was acquired by Chubu Electric Power in September 2023.