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The Power Grid — Power, Cooling & Construction · AI Chain

SMR

NuScale Power
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Small modular reactor designer

What they do

NuScale designs small modular reactors (SMRs) — bite-sized nuclear plants you could drop next to a data center campus . The dream is one hyperscaler picks them as their SMR partner, and the stock 5x's. The reality is no revenue from operating reactors yet, the first commercial deal collapsed in 2023, and dilution risk is real. Pure lottery ticket on the SMR adoption curve.