Core Insights - NuScale Power's stock has seen significant volatility, with a 69% decline from its listing in May 2022 to the end of 2023, but has more than tripled in value over the past year [1][2] - The company focuses on small modular reactors (SMRs), which are gaining traction as a cleaner energy solution [2][3] - NuScale's SMRs are designed to be modular, scalable, and capable of generating stable power, making them suitable for various locations [3][4] Company Developments - NuScale Power has not yet commercialized its first product, but the hype is driven by the potential of SMRs to transform the nuclear energy landscape [2][5] - The company has secured a significant partnership with ENTRA1 Energy for the commercialization of its SMR technology [6] - A recent agreement between ENTRA1 Energy and the Tennessee Valley Authority (TVA) to deploy up to 6 gigawatts (GW) of nuclear power capacity marks a major milestone for NuScale [7]
If You'd Invested $1,000 in NuScale Power Stock 1 Year Ago, Here's How Much You'd Have Today