NuScale Power Corporation
SMR 2Price and target zones价格与目标区间
What the company does公司做什么
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).
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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). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant. In addition, it offers regulatory licensing support services; start-up testing and commissioning support; accredited training programs to support initial and ongoing power plant operations; management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process; NuScale Power Module mechanical handling; initial and ongoing fuel bundle loading and movement; design engineering management during commercial operation; operations and maintenance program management; procurement and spare parts management; nuclear fuel management, including reload analysis; and outage planning and execution support services. The company has a strategic partnership with Ebara Elliott Energy for the development, demonstration, and testing of industrial scale compressors using power modules. NuScale Power Corporation was founded in 2007 and is headquartered in Corvallis, Oregon.
Products and services产品与服务 from the vendor summary — not yet written up来自供应商简介——尚未整理成文
- The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant
- Licensing, design, development, construction, operation, and maintenance of the power plant In addition, it offers regulatory licensing support services
- Start-up testing and commissioning support
- Accredited training programs to support initial and ongoing power plant operations
- Management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process
- NuScale Power Module mechanical handling
- Initial and ongoing fuel bundle loading and movement
- Design engineering management during commercial operation
- Operations and maintenance program management
Company facts公司资料
- Founded成立时间
- 2007
- Headquarters总部
- Corvallis, Oregon
- Employees员工人数
- 428
- Industry行业
- Specialty Industrial Machinery
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
Thesis broken on the numbers, accepted: revenue collapsing to ~$75K/quarter, TTM FCF −$778.8M (the earlier "−$205M" was one stale quarter — [[pitfall-yahoo-snapshot-fcf-field-diverges-from-quarter-sum]]), shares +145% in 3 quarters (dilution accelerating), Fluor exiting to near-zero, open securities-fraud suit tied to its ENTRA1 partner.
What's left is the option: $1.07B cash buys years of runway on the sole NRC-certified SMR design. Do not add. Do not average down. Do not flag for exit again.
8/27 重新分析——[2.0] 维持，已决仓位。 占自有约 0.34%。 数字面论点已破，且被接受：营收崩至约 $75K/季，TTM FCF −$778.8M（此前 −$205M 是一个陈旧单季），三个季度内股数 +145%（稀释加速），Fluor 减持至近零，与其 ENTRA1 合作方相关的证券欺诈诉讼未决。 剩下的是期权：$1.07B 现金为唯一获 NRC 认证的 SMR 设计买来数年跑道。 不加仓、不摊平、不再标记退出。
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Return on equity净资产收益率
- -55%
- Revenue growth营收增长
- -99%
Competitive advantages竞争优势 from the thesis and the reports来自投资逻辑和报告
- This took ~15 years and hundreds of millions of dollars and is a real, hard-to-replicate barrier — the strongest evidence of a moat-in-the-making.
- The NRC Standard Design Approval is real and durable — a genuine regulatory moat that took over a decade and is not easily replicated.
- The moat is real but time-limited and unconverted; it is an option on being first, not yet a business. 5.
Related companies相关公司 🟠 Post-collapse, pre-inflection (new 8/20)
Not a sector — a thesis shape. Every one is a former high-flier bought after a collapse, each needing a revenue inflection that has not arrived.
The sleeve is full before a new name is judged on merit. New entries here are swaps, not adds — fund from an existing member.