Added to YB: 2026-05-26
Pitch date: 2026-05-22
SMR [bullish]
NuScale Power Corporation
Author Info
Outlier Capital is where I share my highest-conviction ideas, portfolio updates, and investment research. Sign up for the newsletter.
Company Info
NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe).
Market Cap
$3.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-14.86
P/E
-6.26
EV/Sales
160.92
Sector
Electrical Equipment
Category
growth
NuScale Power ($SMR): The Most Credible 10x Bet on Nuclear Energy
SMR: Only NRC-approved SMR (50MWe certified 2023, 77MWe approved 2025), uses conventional <5% LEU vs competitors' unavailable HALEU. Key catalyst: TVA/ENTRA1 up to 6GW deployment (largest US SMR program) - PPA expected later 2026. Romania RoPower 6-module project in Phase 2 FEED, needs financing. Q1 rev only $0.6M but $1.2B liquidity. At ~$4B mcap, 10x to $40B possible if TVA converts, OEM payments follow, first deployment avoids cost overruns & proves repeatability. Risks: no commercial plant yet, dilution, execution on construction/supply chain.
Read full article (8 min)