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NuScale Power
AddedFeb 19, 2024
UpdatedJun 18, 2026
NuScale Power

NuScale Power

Public

NuScale Power designs and markets small modular reactors for efficient energy generation.

HQ
Corvallis, OR, US
Founded
2007
Overview
Compare
Fundraising
Employees
Website

Founded with a mission to revolutionize energy generation, NuScale Power specializes in the design and marketing of small modular reactors (SMRs). The company aims to provide efficient, scalable, and sustainable energy solutions, particularly for data centers and AI applications. Their core products include the VOYGR™ SMR power plants, capable of generating significant megawatts of electricity, and partnerships with ENTRA1 Energy for global commercialization and operation of these technologies.

NuScale Power has garnered attention from notable investors and industry leaders, contributing to its rapid growth and innovation in the energy sector. Key achievements include the successful development and deployment of their SMR technology, positioning them as a leader in the field. The company's impact is evident in its ability to meet the increasing power demands of modern technological infrastructures while promoting cleaner energy alternatives.

NuScale Power - Similar Companies

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NuScale Power - Quick Facts

Who are NuScale Power's competitors?

Companies similar to NuScale Power include TerraPower, Usnc, Kairos Power and Radiant.

When was NuScale Power founded?

NuScale Power was founded in 2007.

Where is NuScale Power's headquarters located?

NuScale Power's headquarters is located in Corvallis, OR, US.

When was NuScale Power's last funding round?

NuScale Power's most recent funding round was for $235M (USD) in May 2022.

How much has NuScale Power raised to-date?

As of May 3, 2022, NuScale Power has raised a total of $469.6M (USD).

How many employees does NuScale Power have?

NuScale Power has 556 employees as of Feb 5, 2024.

NuScale Power - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • Nuclear
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
  • Government
Main Product
  • Energy
  • Smrs
Tags
  • Cleantech
Unique IDs
  • secCik: 0001822966
  • ticker: SMR
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221113Nuclear Electric Power Generation
SIC
  • 3400Fabricated Metal Products, Except Machinery And Transportation Equipment
  • 3440Fabricated Structural Metal Products
  • 3443Fabricated Plate Work (Boiler Shops)
ISIC
  • 3510Electric power generation, transmission and distribution
  • 7490Other professional, scientific and technical activities n.e.c.
Show 40 more industry codes
NAICS
  • 221111Hydroelectric Power Generation
  • 221120Electric Power Transmission, Control, and Distribution
  • 221122Electric Power Distribution
  • 230000Construction
  • 236000Construction of Buildings
  • 332000Fabricated Metal Product Manufacturing
  • 332300Architectural and Structural Metals Manufacturing
  • 332310Plate Work and Fabricated Structural Product Manufacturing
  • 332313Plate Work Manufacturing
  • 332400Boiler, Tank, and Shipping Container Manufacturing
  • 332410Power Boiler and Heat Exchanger Manufacturing
  • 332420Metal Tank (Heavy Gauge) Manufacturing
  • 333400Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333410Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333414Heating Equipment (except Warm Air Furnaces) Manufacturing
  • 333415Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
  • 540000Professional, Scientific, and Technical Services
  • 541618Other Management Consulting Services
  • 330000Manufacturing
  • 333000Machinery Manufacturing
  • 541000Professional, Scientific, and Technical Services
  • 541600Management, Scientific, and Technical Consulting Services
  • 541610Management Consulting Services
SIC
  • 1000Metal Mining
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 1600Heavy Construction Other Than Building Construction-contractors
  • 1620Heavy Construction, Except Highway And Street Construction
  • 1629Heavy Construction, Not Elsewhere Classified
  • 3433Heating Equipment, Except Electric and Warm Air Furnaces
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
  • 8748Business Consulting Services, Not Elsewhere Classified
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods
  • 6700Holding And Other Investment Offices
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services