NuScale Power Corp. Reports Q1 2025 Revenue Surge to $13.4M and Reduced Operating Loss to $35.3M

Reuters
14小時前
<a href="https://laohu8.com/S/SMR">NuScale Power</a> Corp. Reports Q1 2025 Revenue Surge to $13.4M and Reduced Operating Loss to $35.<a href="https://laohu8.com/S/MMM">3M</a>

NuScale Power Corporation reported its first quarter 2025 financial results, highlighting a significant increase in revenue, which rose by $12.0 million to $13.4 million, compared to $1.4 million in the same period of 2024. This increase was primarily driven by the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicești power plant. The company reported a decrease in operating expenses, which fell by $2.3 million to $42.3 million, compared to $44.6 million in the previous year. This reduction was mainly due to lower research and development expenses. Consequently, NuScale's loss from operations narrowed to $35.3 million, down from a $44.0 million loss in the first quarter of 2024, attributed to a higher gross margin and lower operating expenses. NuScale Power also announced that it successfully sold 4.5 million shares through its At-The-Market $(ATM.UK)$ program, generating $102.4 million in gross proceeds. The company ended the quarter with $521.4 million in cash, cash equivalents, and short-term investments. Additionally, NuScale has made progress in its manufacturing process, with 12 modules already underway, and is actively engaging with prospective customers alongside its commercialization partner, ENTRA1 Energy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250512655842) on May 12, 2025, and is solely responsible for the information contained therein.

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