Core Insights - Small modular reactors (SMRs) are increasingly seen as a viable solution for meeting the energy demands of power-intensive technologies like artificial intelligence, with NuScale Power being a leading developer in this space [1][3][5] - The demand for small-scale nuclear power is rising, driven by significant investments from big tech companies looking to restart old nuclear facilities and build new ones [3][4] - NuScale has achieved a significant milestone by obtaining the first-ever certification from the Nuclear Regulatory Commission (NRC) for its 50 MW SMR model, with a larger 77 MW model also certified [8][9] Industry Trends - The nuclear power sector has faced challenges due to public safety concerns and regulatory scrutiny, but recent energy demands have shifted the narrative towards a more favorable outlook for small-scale nuclear [2][3] - Big tech's commitment to nuclear energy is evident, as they are investing billions into nuclear projects, indicating a strong market interest [3][4] - The ability to construct SMRs off-site and transport them to various locations presents a strategic advantage for energy-hungry data centers, particularly in remote areas [4] Company Position - NuScale Power is positioned as a frontrunner in the SMR market, with a significant lead over competitors who have not yet received NRC certifications [9] - The company has a robust pipeline, with a dozen reactors under construction and the potential to handle up to 20 orders per year as demand grows [9][11] - With a market capitalization of approximately $10 billion, NuScale is viewed as a promising investment opportunity for those willing to be patient [11]