NuScale Power reports Q1 revenue $1.4M, two estimates $5.7M

“The criticality of NuScale’s near-term deployable SMR technology has never been greater than amidst today’s rapidly expanding power demand landscape,” said John Hopkins, President and Chief Executive Officer of NuScale Power. “Both government and private-sectors are struggling with the balance of achieving carbon reduction pledges amidst unprecedented growth in energy usage driven by the emergence of hyperscale data centers, artificial intelligence networks, and the industries supporting them.”