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home / news releases / nuscale the good the bad and the ugly


SMR - NuScale: The Good The Bad And The Ugly

2024-06-26 01:41:58 ET

Summary

  • NuScale is a pre-commercialisation technology company designing a Small Modular Nuclear reactor, a market expected to grow significantly in the coming decades.
  • Despite US government support and promising partnerships, NuScale faces intense competition from larger, more established players and better-funded startups with next-generation nuclear technology.
  • A recent Short Seller report has cast doubt on NuScale's go-to-market strategy and questions its choice of strategic partners.

NuScale ( SMR ) is a pre-commercialisation technology company that has designed a Small Modular Nuclear reactor ((SMR)). They hope the technology will be safe, carbon-neutral, scalable, and cost-efficient. It is generally accepted that the growth in electricity usage will require new nuclear power stations and small modular reactors, which show great promise. The market for this product may grow enormously in the coming decades.

The strategic position of NuScale is unclear; they have the tech and some excellent backers. Unfortunately, they face intense competition from larger, more established players and better-funded startups with next-generation nuclear tech....

For further details see:

NuScale: The Good, The Bad And The Ugly
Stock Information

Company Name: NuScale Power Corporation Class A
Stock Symbol: SMR
Market: NYSE
Website: nuscalepower.com

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