NuScale Power IPO
NuScale Power develops small modular reactor (SMR) technology for nuclear power generation. The company's scalable reactor design aims to provide safer, smaller, and more cost-effective nuclear power solutions, positioning it as a leader in next-generation nuclear technology.
Key Facts
| Industry | Nuclear Energy |
| Founded | 2007 |
| Headquarters | Portland, OR |
| Employees | ~500 |
| Website | nuscalepower.com |
| Funding | Public via SPAC merger in 2022. Total raised: ~$600M |
About NuScale Power
NuScale Power is a nuclear technology company that designs and markets small modular reactors (SMRs) for commercial power generation. The company's flagship NuScale Power Module is a 77-megawatt electric nuclear reactor that can be factory-manufactured and shipped to sites for installation, representing a significant departure from traditional large-scale nuclear plants.
The company's SMR technology addresses many traditional concerns about nuclear power through enhanced safety features, including passive safety systems that operate without electricity or human intervention. NuScale's reactors are designed to be deployed in configurations of up to 12 modules per plant, providing scalable clean energy solutions. The company went public via SPAC merger in 2022 and represents one of the most advanced SMR technologies approaching commercial deployment, with the first plant planned for Idaho National Laboratory.
IPO Status
NuScale Power went public in May 2022 through a merger with Spring Valley Acquisition Corp, a SPAC. The transaction valued the company at approximately $1.9 billion and provided capital to advance its SMR technology development. Since going public, NuScale has been working toward commercializing its small modular reactor technology and securing regulatory approvals. The company trades on the NYSE under ticker SMR and has faced typical challenges of early-stage nuclear technology companies in capital-intensive development phases.
Competitors
Frequently Asked Questions
Does NuScale Power have a stock?
Yes, NuScale Power completed its IPO in May 2022 through a SPAC merger with Spring Valley Acquisition Corp. The company trades publicly on the NYSE under the ticker SMR.
When is the NuScale Power IPO date?
NuScale Power's IPO already occurred in May 2022 when it went public via SPAC transaction. The company has been publicly traded since then.
How can I buy NuScale Power stock?
You can purchase NuScale Power stock through any licensed brokerage account as it trades publicly on the NYSE under ticker SMR. The stock is available through online brokers, traditional investment firms, or mobile trading apps.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts