NuScale Power (SMR) shares soared 14.26% in pre-market trading on Friday, as investors reacted positively to reports that President Trump is expected to sign executive orders aimed at revitalizing the nuclear energy industry. The move comes as part of a broader initiative to strengthen America's position in the nuclear power sector and reduce dependence on foreign nations for nuclear fuel and technology.

According to sources familiar with the matter, the executive orders are anticipated to ease the regulatory process for approving new reactors and bolster fuel supply chains. This development is seen as a significant boost for companies in the nuclear energy sector, with NuScale Power being one of the key beneficiaries. The company, known for its innovative small modular reactor (SMR) technology, stands to gain from potential streamlined approval processes and increased government support for nuclear energy projects.

The surge in NuScale Power's stock is part of a broader rally in nuclear-related stocks. Other companies in the sector, including Centrus Energy, Lightbridge, and Oklo, also experienced significant pre-market gains. Investors are betting on a renaissance in the U.S. nuclear energy industry, driven by the administration's focus on energy independence and clean power generation. As the market opens, all eyes will be on NuScale Power and its peers to see if this pre-market momentum continues throughout the trading session.