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- NuScale Power (SMR.N) said on Wednesday it has agreed with a power group in Utah to terminate the company's small modular reactor project, dealing a blow to U.S. ambitions for a wave of nuclear energy to fight climate change and sending NuScale's shares down 20%.
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Nov 9, 2023 · NuScale Power (SMR.N) said on Wednesday it has agreed with a power group in Utah to terminate the company's small modular reactor project, dealing a blow to U.S. ambitions for a wave of nuclear...
Mar 14, 2024 · NuScale Power Reports Fourth Quarter and Full Year 2023 Results. Continued progress toward commercialization of small modular reactor (SMR) technology to meet consumer demand for safe, reliable, 24/7 and carbon-free baseload energy. Planning underway for RoPower project’s Phase 2 Front-End Engineering and Design (FEED) work.
Jan 8, 2024 · NuScale’s strategic actions are projected to result in approximately $50-60 million in annualized savings, which includes a workforce reduction of 154 full-time employees, representing approximately 28 percent of full-time staff. The Company anticipates first quarter severance costs to be approximately $3 million.
Nov 8, 2023 · By Ivan Penn and Brad Plumer. Nov. 8, 2023. A developer of small nuclear reactors announced on Wednesday that it was canceling a project that had been widely expected to usher in a new wave of...
Mar 18, 2024 · NuScale Power ( SMR 16.64%) stock went thermonuclear on Monday, soaring on the back of a price target hike from analysts at Canaccord Genuity, and adding to gains since the company reported ...
Mar 18, 2024 · NuScale Power (NYSE: SMR) stock went thermonuclear on Monday, soaring on the back of a price target hike from analysts at Canaccord Genuity, and adding to gains since the company reported...
Provided by Business Wire. Mar 14, 2024 1:15pm. NuScale Power Reports Fourth Quarter and Full Year 2023 Results. Continued progress toward commercialization of small modular reactor (SMR)...