NuScale Power’s (NYSE: SMR) stock price rebounded following the deep correction posted since late 2024. The rebound has gained traction following the Q1 release and business update, which included numerous positive advances. Among the critical details are supply chain improvements, advancement of Flour’s Phase 2 FEED study (front-end engineering and design), and a target for its first firm order for its nuclear technology by the end of the year.
Executives report increasing interest from various businesses, industries, and organizations, including industrial, government, and hyperscalers.
