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NuScale Power ( (SMR) ) has shared an update.
NuScale Power Corporation has appointed Diana J. Walters to its Board of Directors, effective December 20, 2024, expanding the board to ten directors, with six being independent. Walters brings over 35 years of leadership experience in the natural resources sector, which is expected to enhance NuScale’s efforts in advancing its NRC-approved SMR technology for commercial deployment, supporting the company’s strategic growth and strengthening its market position in the nuclear energy sector.
More about NuScale Power
NuScale Power Corporation, founded in 2007 and listed on NYSE as SMR, is a leading provider of advanced small modular reactor (SMR) nuclear technology. The company aims to contribute to the global energy transition by offering safe, scalable, and reliable carbon-free energy solutions. Its innovative NuScale Power Module™ is a small, pressurized water reactor capable of generating 77 megawatts of electricity or 250 megawatts thermal, with flexibility to scale up to 924 MWe. NuScale serves a diverse range of clients globally, focusing on applications like electrical generation, data centers, district heating, desalination, and commercial-scale hydrogen production.
YTD Price Performance: 538.60%
Average Trading Volume: 11,450,619
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.37B
For detailed information about SMR stock, go to TipRanks’ Stock Analysis page.
