On June 18, NuScale Power rose 8.39% in regular trading, trading at $10.78/share, with turnover of $330 million.

On the news front, NuScale announced that Paragon, a unit of Mirion Technologies, has been awarded a contract to complete the final design of its Highly Integrated Protection System for the NuScale Power Module small modular reactor. The contract covers engineering and design work for three protection systems along with verification and validation of safety-critical software. Financial terms were not disclosed. NuScale noted that certain components of 12 power modules are already in production, with plants expected to use a single control room to operate up to 12 units generating up to 77 megawatts each.

The broader Heavy Electrical Equipment sector saw widespread gains, with NANO Nuclear Energy up 12.66%, Forgent Power Solutions up 9.13%, X-Energy up 8.51%, GE Vernova up 7.23%, and Bloom Energy up 4.22%, reflecting sustained investor appetite for nuclear energy and clean power infrastructure names.

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