Latest news with #ENTRA1Energy
Globe and Mail
6 days ago
- Business
- Globe and Mail
Should You Buy, Sell, or Hold NuScale Power Stock Before Q2 Earnings?
NuScale Power SMR is scheduled to release second-quarter 2025 results on Aug. 7. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $9.07 million, indicating an 834.54% increase from the year-ago quarter's levels. For the second quarter of 2025, the Zacks Consensus Estimate for a loss is pegged at 12 cents per share, which has widened by a penny over the past 30 days, indicating a year-over-year increase of 61.29%. Let us see how things have shaped up for the upcoming announcement. NuScale Power Corporation Price and EPS Surprise NuScale Power Corporation price-eps-surprise | NuScale Power Corporation Quote Key Factors to Consider for NuScale Power NuScale Power's second-quarter performance is likely to have benefited from strong demand for electricity supporting AI-driven data centers and the global push toward clean energy solutions. SMR remains focused on a series of strategic initiatives aimed at aligning internal resources with its primary objective of moving toward commercialization and securing revenue-generating contracts. NuScale Power has made significant strides in the manufacturing and commercialization of its Small Modular Reactor (SMR) technology, including progress with key partners such as Doosan Interability and ENTRA1 Energy, which is expected to further solidify its position in the market. NuScale Power's collaboration with ENTRA1 Energy continues to gain momentum. The partnership's commercial structure is designed to mitigate risks and align with customer requirements around scalability, availability, and reliability. These key factors remain central to SMR deployment success in the to-be-reported quarter. SMR Shares Outperform Sector, Industry NuScale Power shares have surged 142% in the year-to-date period, outperforming the Zacks Computer & Technology sector's return of 9.2% and the Zacks Electronics- Power Generation industry's rise of 140.1%. The company's shares have also outperformed its closest peer, which includes BWX Technologies BWXT. In the year-to-date period, BWX Technologies shares have returned 28.8%. SMR Stock's Performance Image Source: Zacks Investment Research SMR Stock is Overvalued NuScale Power shares are currently overvalued, as suggested by its Value Score of F. In terms of the forward 12-month price/sales (P/S), SMR is trading at 106.79X, significantly higher than the Zacks Computer and Technology sector's 6.56X and BWX Technologies' 4.40X. SMR Valuation SMR Benefits From Growing Data Center Needs NuScale Power is gaining strong momentum across various sectors, particularly as energy demand continues to rise. The increasing energy demand, driven by sectors like data centers, which require continuous, reliable, and carbon-free energy, has been a major growth driver. Data centers are expected to triple their energy use over the next three years, accounting for 12% of U.S. electricity consumption by 2028. This growth trend presents a significant opportunity for NuScale Power, as its SMR technology offers consistent, carbon-free energy that can meet the increasing demands of hyperscale data centers. SMR Benefits From Tech Giants' Commitment to Nuclear Energy NuScale Power continues to attract strong interest from major technology companies and infrastructure capital. Companies like Meta Platforms, Microsoft, Alphabet, and Oracle ORCL have made substantial commitments to using nuclear energy, including SMR technology, to meet their sustainability goals, which positively impacts NuScale Power's market positioning. Companies like Google and Oracle are also showing interest in using SMR technology for large-scale data centers, reinforcing the growing trend toward nuclear solutions for energy-intensive tech operations. As Alphabet, META Platforms, Microsoft, and Oracle align their energy strategies with sustainable nuclear options, the demand for SMR technology continues to gain momentum, positioning NuScale Power at the forefront of this emerging energy market. SMR Suffers From Stiff Competition Despite NuScale Power's advancements in SMR technology and expanding partner base, the company is facing stiff competition in the SMR sector of the nuclear energy industry from companies like Oklo OKLO and BWX Technologies. In May 2025, OKLO signed a memorandum of understanding with Korea Hydro & Nuclear Power to collaborate on the development and global deployment of its advanced nuclear technology. This partnership aims to jointly advance the design and verification of Oklo's Aurora powerhouse and cooperate on early project development efforts. OKLO's shares have surged 260% in the year-to-date period. Conclusion: Hold SMR Stock for Now NuScale Power's advancements in SMR technology, along with its growing partnerships with tech giants and financial institutions, position it as a key player in the future of sustainable, carbon-free energy. However, despite these innovations and collaborations, the company faces challenges in the highly competitive energy market, which includes the growing presence of renewable energy sources and regulatory hurdles. These factors could affect NuScale Power's market positioning, despite its technological edge. SMR's stretched valuation is also a concern. NuScale Power currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a more favorable entry point to accumulate the stock. 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Arabian Business
04-06-2025
- Business
- Arabian Business
ENTRA1, NuScale Power bring SMR technology to Gulf to power AI growth
ENTRA1 Energy and U.S.-based nuclear technology firm NuScale Power have announced a joint initiative to introduce Small Modular Reactor (SMR) technology in the GCC region. The move aims to meet the growing energy demands driven by the region's investment in artificial intelligence, data centers, and hyperscale computing. With the UAE and Saudi Arabia making multi-billion-dollar investments in AI infrastructure and research, the partnership positions itself as a strategic enabler of the region's digital ambitions. ENTRA1 Energy Plants™, powered by NuScale's SMR technology, are intended to provide clean, reliable, and scalable energy for on-grid and remote applications. 'The UAE and Saudi Arabia aren't just adopting AI—they're embedding it into their national identities,' said John Hopkins, President and CEO of NuScale Power. 'This shift demands energy resilience at scale. Our technology is not just a power source—it's strategic infrastructure.' ENTRA1 Energy holds global exclusive rights to the commercialisation, distribution, and deployment of NuScale's products and services, while NuScale focuses on manufacturing the reactors. The joint venture is actively engaging with government bodies, investment authorities, and technology partners in the region. 'Digital transformation is reshaping our energy requirements,' said Skip Alvarado, Chief Projects Officer at ENTRA1 Energy. 'To support AI and high-performance computing, we need scalable energy solutions that provide baseload continuous power and prioritize environmental considerations.' NuScale's SMR design is the first to receive full approval from the U.S. Nuclear Regulatory Commission. Each NuScale Power Module™ is a small, pressurised water reactor capable of generating 77 megawatts of electricity or 250 megawatts thermal. Plants can be scaled up to 12 modules, producing a total of 924 MWe. Hopkins added, 'AI integration is becoming central to national development strategies. Our SMR technology aligns with the region's goals for its energy future.' By combining ENTRA1's commercialisation and plant development with NuScale's approved nuclear technology, the companies aim to support the Gulf's digital infrastructure through sustainable, resilient energy solutions.
Yahoo
29-05-2025
- Business
- Yahoo
NuScale Power's Small Modular Reactor (SMR) Achieves Standard Design Approval from U.S. Nuclear Regulatory Commission for 77 MWe
Uprated SMR design will support a wider range of off-takers and consumers seeking clean energy through small modular reactor technology NuScale remains the only SMR technology company to have received approval from the NRC for its SMR technology design; today's announcement marks NuScale's second design approved by the United States' nuclear regulator CORVALLIS, Ore., May 29, 2025--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 250 MWt (77 MWe) NuScale Power Modules™. The U.S. NRC's uprate approval of the NuScale SMR technology now strengthens ENTRA1 Energy to produce and deliver energy as the most near-term American SMR power solution via ENTRA1 Energy Plants™ with NuScale SMR technology inside. ENTRA1 Energy is NuScale's partner and independent power plant development platform, which holds the global exclusive rights to the commercialization, distribution, and deployment of NuScale's SMRs. The uprate approval by the U.S. regulatory authority increases the power output per module from NuScale's previously-approved 50 MWe design, enabling ENTRA1 Energy Plants to provide a wider range of off-takers and consumers with reliable, carbon-free energy. NuScale remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030. "We are thrilled that the NRC has approved our second SDA application, this time for our 77 MWe design. This marks a historic moment not only for NuScale, but the entire industry, as NuScale and ENTRA1 move closer to meeting the demands of clean energy users," said John Hopkins, NuScale President and Chief Executive Officer. "For more than a decade, our team has proudly worked alongside the NRC to achieve the successful approval of our designs. The NRC is domestically and internationally recognized and respected for its rigorous safety standards, and this approval is a crucial step toward meeting our goal of providing clean, reliable, and, most importantly, safe energy to off-takers and consumers." NuScale's first Design Certification Application (DCA) for its 160 MWt (50 MWe) SMR design was accepted by the NRC in March 2017. Subsequently, the NRC affirmed its approval of NuScale's 50 MWe SMR design, marking the first design to receive its approval. NuScale's uprated design features the same fundamental safety case and passive safety features previously approved by the NRC with a power uprate and select design changes to support growing capacity needs. Originally slated for approval later this summer, today's announcement marks the early completion of the NRC review process. "NuScale is proud to have worked with the NRC and to have met its stringent regulatory application process as we continue to lead the way in the SMR industry with our second design approval," said Carrie Fosaaen, Vice President of Regulatory Affairs and Services. "With today's announcement, NuScale continues to advance with ENTRA1 Energy in the commercialization of our SMR technology inside ENTRA1 Energy Plants while remaining steadfast in our mission to improve the quality of life for people around the world through safe, clean energy." About NuScale Power Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The Company's groundbreaking SMR technology is powered by the NuScale Power Module™, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. As the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. To learn more, visit NuScale Power's website or follow us on LinkedIn, Facebook, Instagram, X, and YouTube. About ENTRA1 Energy ENTRA1 Energy is an American independent global energy production platform dedicated to increasing energy security by providing safe, reliable, cost-effective, and environmentally responsible electric power. ENTRA1 Energy is NuScale's exclusive global strategic partner and holds the global exclusive rights to the commercialization, distribution, and deployment of all NuScale's products and services. ENTRA1 is the one-stop-shop and single hub for the financing, investment, development, execution, and/or management of ENTRA1 Energy Plants™ with NuScale SMRs-inside. To learn more, visit ENTRA1 ENERGY's website or follow us on LinkedIn and X. Forward Looking Statements This release contains forward-looking statements (including without limitation statements containing terms such as "will," "believes," "expects," "anticipates," "plans" or other similar expressions). These forward-looking statements include statements relating to our SMR design's ability to support a wider range of off-takers, consumers and customers with energy, progress with respect to meeting the demands of clean energy users, our leadership in the SMR industry, our ability to deploy and the timeline for deployment, advancement of the commercialization of SMR technology, strategic and operational plans and expectations, the growth in demand for clean energy, capital deployment, future growth, new awards, backlog, earnings and the outlook for the Company's business. Actual results may differ materially as a result of a number of factors, including, among other things, the Company's liquidity and ability to raise capital; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; our expectations regarding obtaining regulatory approvals, and the timing thereof, to deploy our SMRs in the United States and abroad; forecasts regarding end-user adoption rates and demand for our products in the markets that are new and rapidly evolving; limitations on the effectiveness of our controls and procedures and our remediation plans related thereto; intense competition in the industries in which we operate; failure of our partners to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics (including COVID-19), public health crises, political crises or other catastrophic events; macroeconomic conditions; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions; the Company's ability to secure appropriate insurance; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; climate change and related environmental issues; increasing scrutiny with respect to sustainability practices; the availability of credit and restrictions imposed by credit facilities for our clients, suppliers, subcontractors or other partners; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure by us or our employees, agents or partners to comply with laws; new or changing legal requirements, including those relating to environmental, health and safety matters; failure to successfully implement our strategic and operational initiatives and restrictions on possible transactions imposed by our charter documents and Delaware law. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, the Company's results may differ materially from its expectations and projections. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission (the "SEC"), including the general economic conditions and other risks, uncertainties and factors set forth in the section entitled "Cautionary Note Regarding Forward-Looking Statements" and "Summary of Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and in subsequent filings with the SEC. The referenced SEC filings are available either publicly or upon request from NuScale's Investor Relations Department at ir@ The Company disclaims any intent or obligation other than as required by law to update the forward-looking statements. View source version on Contacts Media contact Chuck Goodnight, Vice President, Business Developmentmedia@ Investor contact Rodney McMahan, Senior Director, Investor Relationsir@
Business Wire
29-05-2025
- Business
- Business Wire
NuScale Power's Small Modular Reactor (SMR) Achieves Standard Design Approval from U.S. Nuclear Regulatory Commission for 77 MWe
CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 250 MWt (77 MWe) NuScale Power Modules™. The U.S. NRC's uprate approval of the NuScale SMR technology now strengthens ENTRA1 Energy to produce and deliver energy as the most near-term American SMR power solution via ENTRA1 Energy Plants™ with NuScale SMR technology inside. ENTRA1 Energy is NuScale's partner and independent power plant development platform, which holds the global exclusive rights to the commercialization, distribution, and deployment of NuScale's SMRs. The uprate approval by the U.S. regulatory authority increases the power output per module from NuScale's previously-approved 50 MWe design, enabling ENTRA1 Energy Plants to provide a wider range of off-takers and consumers with reliable, carbon-free energy. NuScale remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030. 'We are thrilled that the NRC has approved our second SDA application, this time for our 77 MWe design. This marks a historic moment not only for NuScale, but the entire industry, as NuScale and ENTRA1 move closer to meeting the demands of clean energy users,' said John Hopkins, NuScale President and Chief Executive Officer. 'For more than a decade, our team has proudly worked alongside the NRC to achieve the successful approval of our designs. The NRC is domestically and internationally recognized and respected for its rigorous safety standards, and this approval is a crucial step toward meeting our goal of providing clean, reliable, and, most importantly, safe energy to off-takers and consumers.' NuScale's first Design Certification Application (DCA) for its 160 MWt (50 MWe) SMR design was accepted by the NRC in March 2017. Subsequently, the NRC affirmed its approval of NuScale's 50 MWe SMR design, marking the first design to receive its approval. NuScale's uprated design features the same fundamental safety case and passive safety features previously approved by the NRC with a power uprate and select design changes to support growing capacity needs. Originally slated for approval later this summer, today's announcement marks the early completion of the NRC review process. 'NuScale is proud to have worked with the NRC and to have met its stringent regulatory application process as we continue to lead the way in the SMR industry with our second design approval,' said Carrie Fosaaen, Vice President of Regulatory Affairs and Services. 'With today's announcement, NuScale continues to advance with ENTRA1 Energy in the commercialization of our SMR technology inside ENTRA1 Energy Plants while remaining steadfast in our mission to improve the quality of life for people around the world through safe, clean energy.' About NuScale Power Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The Company's groundbreaking SMR technology is powered by the NuScale Power Module™, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. As the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. To learn more, visit NuScale Power's website or follow us on LinkedIn, Facebook, Instagram, X, and YouTube. About ENTRA1 Energy ENTRA1 Energy is an American independent global energy production platform dedicated to increasing energy security by providing safe, reliable, cost-effective, and environmentally responsible electric power. ENTRA1 Energy is NuScale's exclusive global strategic partner and holds the global exclusive rights to the commercialization, distribution, and deployment of all NuScale's products and services. ENTRA1 is the one-stop-shop and single hub for the financing, investment, development, execution, and/or management of ENTRA1 Energy Plants™ with NuScale SMRs-inside. To learn more, visit ENTRA1 ENERGY's website or follow us on LinkedIn and X. Forward Looking Statements This release contains forward-looking statements (including without limitation statements containing terms such as "will," "believes," "expects," 'anticipates,' "plans" or other similar expressions). These forward-looking statements include statements relating to our SMR design's ability to support a wider range of off-takers, consumers and customers with energy, progress with respect to meeting the demands of clean energy users, our leadership in the SMR industry, our ability to deploy and the timeline for deployment, advancement of the commercialization of SMR technology, strategic and operational plans and expectations, the growth in demand for clean energy, capital deployment, future growth, new awards, backlog, earnings and the outlook for the Company's business. Actual results may differ materially as a result of a number of factors, including, among other things, the Company's liquidity and ability to raise capital; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; our expectations regarding obtaining regulatory approvals, and the timing thereof, to deploy our SMRs in the United States and abroad; forecasts regarding end-user adoption rates and demand for our products in the markets that are new and rapidly evolving; limitations on the effectiveness of our controls and procedures and our remediation plans related thereto; intense competition in the industries in which we operate; failure of our partners to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics (including COVID-19), public health crises, political crises or other catastrophic events; macroeconomic conditions; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions; the Company's ability to secure appropriate insurance; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; climate change and related environmental issues; increasing scrutiny with respect to sustainability practices; the availability of credit and restrictions imposed by credit facilities for our clients, suppliers, subcontractors or other partners; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure by us or our employees, agents or partners to comply with laws; new or changing legal requirements, including those relating to environmental, health and safety matters; failure to successfully implement our strategic and operational initiatives and restrictions on possible transactions imposed by our charter documents and Delaware law. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, the Company's results may differ materially from its expectations and projections. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission (the 'SEC'), including the general economic conditions and other risks, uncertainties and factors set forth in the section entitled 'Cautionary Note Regarding Forward-Looking Statements' and 'Summary of Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and in subsequent filings with the SEC. The referenced SEC filings are available either publicly or upon request from NuScale's Investor Relations Department at ir@ The Company disclaims any intent or obligation other than as required by law to update the forward-looking statements.
