NuScale Power Corporation (SMR) reports Q4 revenue of $34.2 million

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NuScale Power Reports Fourth Quarter and Full Year 2024 Results

March 3, 2025 4:15 PM EST

Cash position further strengthened by warrant exercises that generated $227.7 million in cash proceeds Continued progress on Fluors Phase 2 Front-End Engineering and Design (FEED Phase 2) study for the RoPower Doiceti power plant Standard Design Approval application remains on track for mid-2025 approval by U.S. Nuclear Regulatory Commission (NRC) Industry-leading manufacturing preparedness advances as supply chain partner Doosan Enerbility continues forging long lead materials for 12 NuScale Power Modules Robust business development activity, including advanced dialogue with prospective data center/artificial intelligence (AI) customers

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