NuScale

A small modular reactor developer recently unveiled its first public financial figures, which indicate the company will be in the red for quite a while as it presses ahead with its bid to reshape the nuclear power landscape.   After filing numerous reports with the U.S. Securities and Exchange Commission in May and late April, NuScale […]

A university report published this week that raised concerns about waste streams from advanced reactors distracts from the larger issues facing nuclear waste management across the globe, a nuclear power expert told RadWaste Monitor this week. “The technical content of the study obfuscates from the fact that waste is predominantly a political rather than a […]

The company behind an advanced reactor design insisted Wednesday that its technology was misrepresented by a scathing university report published earlier this week. NuScale’s small modular reactor (SMR) design “does not create waste and material streams that are novel to the nuclear power industry,” a spokesperson for the company told Exchange Monitor in a statement […]

NuScale Power Corp, a Corvallis, Ore., developer of small modular reactors, went public on the New York Stock Exchange Tuesday. The company on April 28 formally completed a merger with Spring Valley Acquisition Corp., a publicly traded special purpose acquisition company, to form NuScale Power Corp., the company announced Monday. The acquisition company is a […]

SUN VALLEY, IDAHO — Advanced nuclear companies hoping to tap into big pools of funding for their projects need to bring more than good ideas to the table, J.P. Morgan’s lead energy executive said here Tuesday. “I think, first and foremost, what people need to show us is that they have a company,” said Jay […]

NuScale Power, a developer of small modular reactors, has received a new $10 million injection of cash. That increases the amount of new investments in NuScale up to $453 million in the past few months. The new money comes from an eight-year-old San Francisco-based investment firm SailingStone Partners. SailingStone is a subsidiary of Houston based […]

A publicly-traded special purpose acquisition corporation is merging with NuScale Power, a developer of small modular reactors, in a move expected to turn NuScale, Portland, Ore., into a public company sometime in the first half of 2022. The acquirer is an Oregon-based subsidiary of Spring Valley Acquisition Corp., a special entity set up in the […]

A publicly-traded special purpose acquisition corporation is merging with NuScale Power, a developer of small modular reactors, in a move expected to turn NuScale, Portland, Ore., into a public company sometime in the first half of 2022. The acquirer is an Oregon-based subsidiary of Spring Valley Acquisition Corp., a special entity set up in the Cayman […]