Mission Statement, Vision, & Core Values (2026) of NuScale Power Corporation.

Imagine a company born in 2007 in Tigard, Oregon, whose singular focus-embodied in a mission to "improve the quality of life for humankind by advancing nuclear power"-has driven it to commercialize a modular reactor that produces 77 MWe per unit and to become the first SMR developer to secure U.S. Nuclear Regulatory Commission design approval in 2020; today, as the only U.S. manufacturer offering an NRC-approved SMR in 2025, NuScale Power Corporation stakes a bold claim to its vision of being the global leader in advanced nuclear energy solutions while anchoring every project in core values-safety, excellence, integrity, teamwork, and innovation-that guide product design, partnerships, and market strategy, making this a pivotal chapter for readers tracking the future of scalable, low-carbon electricity, industrial heat, and water production.

NuScale Power Corporation (SMR) - Intro

• Flagship product: NuScale Power Module™ - a pressurized light-water SMR producing 77 megawatts electric (MWe) per module.
• Regulatory milestone: First SMR technology provider to receive U.S. Nuclear Regulatory Commission (NRC) design approval in October 2020.
• Market position: As of 2025, NuScale remains the only U.S. manufacturer offering an NRC-approved SMR design.
• Anchor customer / project: UAMPS Carbon Free Power Project (CFPP) originally scoped around a 12-module plant (12 × 77 MWe = 924 MWe gross) sited to serve participating utilities.
• Public listing: Trades under the ticker SMR on the NYSE American exchange following a 2020 SPAC-based listing transaction.

• To improve the quality of life for humankind by advancing nuclear power - delivering scalable advanced nuclear technology for the production of electricity, process heat, and potable water.

• To enable a carbon-free, reliable energy future by deploying safe, flexible, and economically competitive SMR technology globally; to be the standard provider of modular nuclear solutions that integrate with modern grids and industrial decarbonization needs.

• Safety-first engineering: inherent and passive safety features designed to minimize operator action and external dependencies.
• Scalability & flexibility: modular design enabling staged capacity growth and diverse applications (electricity, district heat, desalination, industrial process heat).
• Regulatory rigor & transparency: adherence to NRC standards and open engagement with regulators, customers, and stakeholders.
• Economic stewardship: focus on predictable construction, manufacturing repeatability, and lifecycle cost reduction to achieve competitive levelized cost of energy (LCOE) for markets served.
• Collaboration & customer alignment: partnering with utilities, governments, and industrial customers to tailor deployments and financing structures.

• Module capacity: 77 MWe net per NuScale Power Module™.
• Representative multi-module plant: 12 modules → 924 MWe gross output (CFPP example), enabling utility-scale low-carbon baseload.
• Regulatory status: NRC design approval secured Oct 2020; NuScale remains the only U.S. vendor with an NRC-approved SMR design as of 2025.
• Market entry progress: commercial partnerships, licensing activities, and supply-chain development aimed at first-of-a-kind construction and subsequent fleet deployments.

• Public company considerations: listed as SMR (NYSE American) - investor focus centers on licensing milestones, project off-take and financing, supply-chain contracts, and pathway to construction start for first commercial plants.
• Revenue profile to date: predominantly development, engineering, licensing, and contract revenue tied to projects and partnerships while transitioning toward construction-phase revenue as projects advance.

NuScale Power Corporation (SMR) - Overview

• Mission focus: advance nuclear power to raise global living standards by providing low‑carbon, reliable electricity and process heat solutions.
• Strategic priorities: safety-first reactor design, modular factory fabrication, regulatory certification, commercial deployments and cost reduction through learning and serial production.
• Societal benefits emphasized: reduced greenhouse gas emissions, energy security for communities and industrial customers, and local job creation around construction and operations.

• Capital intensity: first‑of‑a‑kind SMR projects have high upfront capital and development costs; NuScale pursues cost‑sharing, partner off‑take agreements and public support to lower first‑unit economic risk.
• Partnerships and funding: strategic agreements with utilities, consortiums (e.g., UAMPS), and engagement with U.S. DOE programs to advance deployment and cost competitiveness.
• Market potential: modular design targets a wide addressable market - from remote industrial sites and campus power to grid firming for renewables - enabling staged capacity additions aligned with demand and financeability.

• Design certification and rigorous safety analyses to meet regulatory requirements and reduce deployment risk.
• Factory fabrication strategy aimed at reducing per‑unit construction time and unit costs through repeatable manufacturing and supply‑chain scaling.
• Commercial pipeline development focused on U.S. municipal/utility customers and potential international buyers seeking low‑carbon baseload and load‑following capacity.

NuScale Power Corporation (SMR) - Mission Statement

• Aim: Global leadership in advanced nuclear energy technologies that meet contemporary energy and decarbonization needs.
• Scope: Commercial SMR deployment for utilities, industrial customers, microgrids, and government clients worldwide.
• Approach: Modular, factory-fabricated units to reduce construction risk, improve schedule predictability, and enable phased scaling.

• Regulatory focus: Achieve and maintain design certification and licensing milestones to enable global deployment.
• Partnerships: Secure utility and consortium agreements (e.g., UAMPS Carbon-Free Power Project) to move designs from certification to operation.
• Technology commercialization: Standardized SMR modules (77 MWe nominal per module) and plant configurations to offer flexible plant sizes.

• Market opportunity: SMRs target multi-hundred-billion-dollar global markets for low-carbon baseload and flexible generation, grid resilience, and industrial heat/electricity replacement.
• Commercial pathway: Revenue generation depends on successful licensing, customer contracts (power purchase/availability agreements), and staged factory production scaling to reduce per-unit capital cost.
• Capex and project sizing: NuScale's modular approach lets buyers scale plant capacity in increments of 77 MWe, which can reduce up-front capital intensity compared with large gigawatt-scale reactors.

• Standardization: Single design certification enables repeatable factory builds and supply-chain scale.
• Phased deployment: Customers can add modules over time (e.g., commissioning VOYGR-6 then adding modules to reach VOYGR-12 capacity), aligning capital outlay with demand growth.
• Global market entry: Certification, export controls management, and bilateral agreements to support international siting and deployment.

NuScale Power Corporation (SMR) - Vision Statement

• Deliver modular, factory-built nuclear plants that scale from a single 77 MWe module to multi‑module plants (common plant sizes: 6‑module = 462 MWe; 12‑module = 924 MWe).
• Commercialize SMR deployments that reduce capital intensity and construction risk versus large reactors through standardized design certification (NuScale received NRC design certification in August 2020).
• Enable municipalities, utilities, and industrial customers to adopt carbon‑free dispatchable power to meet climate and reliability goals.

• Safety - A non‑negotiable imperative: design, operations, and workforce practices prioritize defense‑in‑depth and passive safety features to protect people and environment.
• Excellence - Deliver engineering rigor and project execution standards to meet performance, schedule, and quality targets for plant customers and partners.
• Integrity - Transparent communication with regulators, customers, and investors; adherence to ethical standards in contracting, reporting, and stakeholder engagement.
• Teamwork - Cross‑discipline collaboration across design, manufacturing, licensing, and supply chain to reduce risk and accelerate deployment.
• Innovation - Continuous improvement in modular manufacturing, digital engineering, and cost reduction to broaden market access for nuclear power.

• Market positioning - Target customers: municipal utilities, independent power producers, industrial offtakers seeking firm zero‑carbon power.
• Program scale - Typical project configurations (77 MWe modules; 6-12 module plants) allow tailoring capacity and capital outlay to buyer needs.
• Regulatory milestones - NRC design certification (Aug 2020) is a pivotal de‑risking event that supports licensing, insurance, and financing for projects.
• Investor communications - Ongoing investor outreach and profile materials (see: Exploring NuScale Power Corporation Investor Profile: Who's Buying and Why?) to attract capital for commercial deployment and factory scale‑up.