NuScale Power - the SMR Power Plant Provider Benefits from the Nuclear Energy Renaissance!

Business drivers: NuScale Power (SMR) has positioned itself as one of the key players in the so-called Small Modular Reactors (SMR) segment. As the only provider with two certifications for SMR designs with a total capacity of 50 MW and 77 MW from the U.S. Nuclear Regulatory Commission (NRC), the company is set to benefit significantly from the ongoing expansion of nuclear energy driven by the U.S. government. On September 15, Cannacord Genuity confirmed the rating with Buy and raised the price target from $44 to $60.