NuScale Power

NuScale Power is a groundbreaking startup based in the United States, founded in 2007, with a mission to revolutionize nuclear power. The company's innovative approach to nuclear energy is reflected in its slogan, "Power for all humankind." NuScale's key innovation is the design of a smaller, smarter, and more cost-competitive nuclear power plant, featuring the NuScale Power Module™ (NPM), a small modular reactor (SMR) that can produce 77 megawatts of electricity (MWe). Notably, a single NuScale plant can house up to 12 NPMs for a total of 924 MWe (gross), offering scalability to match demand and project economics, positioning the company at the forefront of the Energy industry. What sets NuScale apart is its unwavering commitment to safety, with the industry-renowned Triple Crown for Nuclear Plant Safety™ design, ensuring unparalleled safety measures. The company's paradigm shift in safety features signifies a significant advancement in the nuclear power sector, wherein each NPM is equipped to safely shut down and self-cool indefinitely on the loss of all electricity to the power station without the need for operator or computer action, AC or DC power, or additional water. This innovative safety approach marks a pioneering achievement in commercial nuclear power. NuScale Power recently garnered substantial investor interest, securing a significant $235.00MPost-IPO Equity investment on 03 May 2022, with notable investors including DS Private Equity, Segra Capital, Spring Valley Acquisition, Samsung C&T Corporation, Nucor Corporation, and Sailingstone Capital Partners. For more information on NuScale's groundbreaking work and its mission to improve the quality of life for all, visit www.nuscalepower.com.