secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001822966-25-000144
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale enters milestone agreement with ENTRA1 for $35-55M per NPM for up to 72 modules
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- NuScale LLC will contribute $35M-$55M per NPM to ENTRA1, with payments tied to commercial and development milestones for up to 72 NPMs.
- Milestone payments: 15% on non-binding term sheet/LOI, 35% on binding PPA/offtake, 50% on OEM agreement for NPMs.
- Initial term runs to Dec 31, 2045, auto-renewing for 20-year periods unless 12 months’ notice given.
- NuScale Power Corporation guarantees NuScale LLC’s obligations under the PMA via a separate guaranty agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000144/0001822966-25-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000144/smr-20250827.htm
  HTML page:      https://secwatch.observer/filing/0001822966-25-000144

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