Nuscale Power Stock News

NuScale Power (SMR 3.85%) has been a divisive stock ever since it went public by merging with a special purpose acquisition company in May 2022. The bulls were initially impressed by the disruptive potential of its small modular reactors (SMRs), which can be deployed in areas that aren't well-suited for traditional nuclear reactors.

CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024.

CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale announced the results of its redemption of all outstanding warrants to purchase shares of the Company's common stock.

You probably already know that nuclear power has been proposed as a quick, environmentally friendly solution to the world's energy shortage stemming from the rise of power-hungry AI data centers. You may also know NuScale Power (SMR -0.20%) is one of the few outfits that are nearly ready to deliver a solution sooner than later.

The artificial intelligence (AI) boom is showing no signs of slowing down as we head into 2025, keeping nuclear stocks on the map amid the rapid energy consumption.

QuantumScape (QS 1.64%) and NuScale Power (SMR 2.79%) are both trying to disrupt older energy industries with their newer technologies. QuantumScape is developing solid-state batteries that could replace lithium-ion batteries, and NuScale is developing small modular reactors (SMRs) that could revolutionize nuclear power.

CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power announced the opening of its next Energy Exploration (E2) Center at The Ohio State University in Columbus.

We are in the midst of a nuclear energy renaissance. Technology players across the board are making commitments to restart nuclear power plants or pay for electricity from upcoming facilities.