Nuscale Power Corporation ( (SMR) ) has released its Q2 earnings. Here is a breakdown of the information Nuscale Power Corporation presented to its investors.
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NuScale Power Corporation, a leader in advanced small modular reactor (SMR) nuclear technology, focuses on providing scalable, safe, and reliable carbon-free energy solutions globally. In its latest earnings report for the second quarter of 2025, NuScale Power highlighted significant achievements, including receiving a Standard Design Approval from the U.S. Nuclear Regulatory Commission for its 77 MWe SMR design ahead of schedule. This milestone, coupled with a partnership with ENTRA1 to commercialize their technology, positions NuScale as a frontrunner in the nuclear energy sector.
The company reported a notable increase in revenue, rising to $8.1 million from $1.0 million in the same quarter of the previous year, driven by engineering and licensing fees related to the RoPower Doicești power plant project in Romania. Despite an increase in general and administrative expenses due to its transition to a commercial entity, NuScale maintained a strong liquidity position with $489.9 million in cash and investments. Additionally, interest income saw a significant rise, attributed to strategic investments in higher-yielding cash equivalents.
NuScale’s strategic focus on expanding its SMR technology deployment is evident through its ongoing collaboration with Fluor on the Phase 2 Front-End Engineering and Design study for the RoPower project. The company’s efforts in cost optimization have also led to a reduction in other expenses, enhancing its financial stability.
Looking ahead, NuScale Power remains committed to advancing its SMR technology and expanding its market presence. The company’s management expresses confidence in its ability to provide sustainable energy solutions worldwide, leveraging its unique position as the only SMR provider with NRC design approval.