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NuScale Power announces voting results from 2026 Annual Meeting; all proposals approved
All nine director nominees elected; Stuart Harshaw received 32.1M withhold and Kimberly Warnica 36.9M withhold.
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NuScale Q1: $1B liquidity, TVA/Romania SMR progress, Framatome deal
Ended Q1 with $1.0B in cash, equivalents, and investments; no EPS or net income reported.
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NuScale Power schedules Q1 2026 earnings call for May 7
Q1 2026 results call set for Thursday, May 7, 2026 at 5:00 p.m. ET.
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NuScale FY2025 revenue $31.5M, G&A includes $507M milestone charge; cash $1.3B
Revenue fell to $31.5M from $37.0M in FY2024; cost of sales rose to $20.0M from $4.9M.
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NuScale launches up to $1B at-the-market equity offering program
Entered Sales Agreement with UBS, B. Riley, Canaccord, Tuohy Brothers to sell up to $1B in Class A common stock.
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NuScale to host Q4/FY2025 earnings call on Feb 26, 2026
Conference call scheduled for Thursday, February 26, 2026 at 5:00 p.m. ET.
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NuScale stockholders approve doubling of authorized Class A common shares to 662M
Stockholders voted 184.5M for, 27.95M against, 0.61M abstain; no broker non-votes.
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NuScale appoints David Tonnel as CAO; adopts deferred comp plan for directors
Jacqueline Engel completes service as Interim VP Accounting effective Nov 22, 2025.
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NuScale Power enters $750M at-the-market equity offering program, terminates prior ATM
New Sales Agreement with UBS, TD Cowen, B. Riley, Canaccord & Tuohy Brothers for up to $750M in Class A common stock.
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NuScale reports Q3 results; Fluor to convert and monetize stake by Q2 2026
Revenue and cost of sales increased $7.8M and $5.2M YoY; G&A surged $502.2M due to $495M milestone contribution to ENTRA1.
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NuScale appoints James Canafax as Chief Legal Officer and Corporate Secretary
James Canafax appointed Chief Legal Officer and Corporate Secretary effective October 20, 2025.
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NuScale schedules Q3 2025 earnings call for Nov 6, 5pm ET
Conference call to discuss Q3 2025 results scheduled for Thursday, November 6, 2025 at 5:00 p.m. ET.
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NuScale to acquire long-lead reactor materials from terminated CFPP project for $32.3M
NuScale subsidiary to purchase URPV long-lead materials from CFPP LLC for $32,322,870.89 via credit invoices to CFPP.
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NuScale enters milestone agreement with ENTRA1 for $35-55M per NPM for up to 72 modules
NuScale LLC will contribute $35M-$55M per NPM to ENTRA1, with payments tied to commercial and development milestones for up to 72 NPMs.
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NuScale enters $500M ATM equity offering program with five agents
May sell up to $500M of Class A common stock under at-the-market offering.
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NuScale Power enters $500M at-the-market equity sales agreement, replaces prior ATM
Up to $500M of Class A common stock may be sold from time to time under ATM program.
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NuScale Q2 revenue $8.1M, up from $1.0M; receives NRC design approval for 77 MWe SMR
Revenue $8.1M (+$7.1M YoY); cost of sales $6.3M; G&A expenses $22.5M.
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NuScale enters exchange and lock-up agreement with Fluor for 15M Class A shares
NuScale to issue 15M Class A shares to Fluor in exchange for 15M Class B units by Aug 12, 2025.
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NuScale schedules Q2 2025 earnings call for August 7
Conference call to review Q2 2025 results on Aug 7, 2025 at 5:00 p.m. ET.
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NuScale appoints Shahram Ghasemian as Chief Legal Officer and Corporate Secretary
Appointment effective June 30, 2025.
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NuScale Power amends 8-K to disclose broker non-votes and frequency vote breakdown from 2025 annual meeting
All eight director nominees elected with over 177M votes 'for'; broker non-votes ~34.1M per nominee.
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NuScale Power receives NRC standard design approval for 77 MWe SMR uprate
NRC approved NuScale's uprated 250 MWt (77 MWe) SMR design, increasing power output from prior 50 MWe design.
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NuScale shareholders elect all directors, approve executive pay, and ratify auditor at 2025 annual meeting
All eight director nominees elected with >99% of votes cast; Boeckmann 177.5M for, Collins 170.0M for.
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NuScale Q1: Revenue $13.4M (up 857% YoY); operating loss $35.3M; cash $521.4M
Revenue increased $12.0M to $13.4M from $1.4M YoY, driven by RoPower FEED Phase 2 work and Technology License Agreement.
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NuScale schedules Q1 2025 earnings call for May 12 at 5:00 p.m. ET
Conference call on Monday, May 12, 2025, at 5:00 p.m. ET.
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NuScale posts Q4 operating loss $11.9M, rev $34.2M; cash rises to $446.7M on warrant proceeds
Cash, equivalents & investments $446.7M at Dec 31, up from $161.7M Q3; $227.7M from warrant exercises (Q4 $205.3M).
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NuScale Power reschedules Q4/FY2024 earnings call to March 3, 2025
Earnings call moved to March 3, 2025 at 6:00 PM ET, after 10-K filing.
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NuScale Power schedules Q4 and FY2024 earnings call for Feb 27, 2025
Earnings call for Q4 and full year 2024 results on Feb 27, 2025 at 5 p.m. ET.
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NuScale Chairman Hackett resigns; Boeckmann named Non-Executive Chairman
James T. Hackett resigns as director and Chairman effective Jan 15, 2025; becomes Lead Independent Director at Fluor.
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NuScale completes warrant redemption, receives $227.7M cash, issues 19.8M shares
As of Dec 19, 2024, ~97% of outstanding public warrants were exercised at $11.50/share.
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NuScale appoints Diana Walters to Board of Directors, effective Dec 20, 2024
Diana Walters appointed to NuScale Board, effective December 20, 2024.
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NuScale enters Task Order with Doosan for long lead materials for 6 reactor pressure vessels
NuScale subsidiary signed Task Order with Doosan Enerbility for supply of long lead materials for 6 upper reactor pressure vessels (URPVs).
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NuScale Power redeems all outstanding warrants at $0.01 per warrant, deadline Dec 19, 2024
Redemption price $0.01 per warrant; redemption date is Dec 19, 2024 at 5:00 PM EST.
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NuScale Power enters up to $200M at-the-market equity offering program with four agents
ATM program for up to $200M of Class A common stock via TD Cowen, UBS, B. Riley, and Canaccord.
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NuScale Q3 net loss narrows to $45.5M; revenue falls to $0.5M; cash at $161.7M
Revenue of $0.5M vs $7.0M YoY; net loss $45.5M vs $58.3M in Q3 2023.
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NuScale signs FEED services Task Order for Romania SMR project with Fluor subsidiary
Task Order with Fluor Transworld Services for FEED services for RoPower Nuclear S.A. Doicesti project in Romania.
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NuScale Power schedules Q3 2024 earnings call for November 7, 2024
Conference call scheduled for Thursday, November 7, 2024, at 5:00 p.m. ET.
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NuScale Q2 net loss widens to $74.4M; revenue down to $1.0M; cash $136M
Net loss of $74.4M vs $29.7M YoY; includes $36.7M non-cash warrant expense.
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NuScale receives SEC follow-up requests in whistleblower inquiry
SEC Denver Regional Office requested info on employment, severance, confidentiality agreements in Dec 2023.
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NuScale schedules Q2 2024 earnings call for August 8, 2024
Conference call to review Q2 2024 results on Thursday, August 8, 2024 at 5:00 p.m. ET.
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NuScale stockholders elect all 9 directors and ratify Ernst & Young as auditor
All 9 director nominees elected with strong majorities; lowest 'for' count was 164.9M for Alvin C. Collins, III.
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NuScale Power reports Q1 revenue $1.4M, net loss $48.1M; targets $50-60M annual savings
Revenue $1.4M vs $5.5M YoY; net loss $48.1M vs $35.6M YoY, includes $9.0M non-cash warrant adjustment.
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NuScale Power schedules Q1 2024 earnings call for May 9, 2024
Q1 2024 earnings call on May 9, 2024 at 5:00 p.m. ET.