secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001822966-23-000202
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale Q2 2023 revenue doubles to $5.8M; net loss widens to $29.7M; SDA application accepted by NRC
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- Revenue $5.8M (up from $2.7M YoY); net loss $29.7M (vs $21.4M in Q2 2022).
- NRC accepted NuScale's Standard Design Approval application for VOYGR-6; 24-month review begins.
- Up to $275M in public-private commitments received to advance Romania's RoPower SMR project.
- Signed MOU with Nucor to explore deploying SMRs at electric arc furnace steel mills.
- Cash $214.6M ($60.2M restricted), no debt; appointed Robert Ramsey Hamady as CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000202/0001822966-23-000202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000202/smr-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001822966-23-000202

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer