Where Will NuScale Power Be in 5 Years?
President Donald Trump wants to quadruple nuclear power output in the U.S. by 2050, from 100 gigawatts to 400 GW -- and NuScale Power (NYSE: SMR) wants to help.
Taking as its ticker the abbreviation for small modular (nuclear) reactors -- or SMRs -- NuScale has built a business now possessing not the only one, but the only two small modular reactor designs certified for use by the U.S. Nuclear Regulatory Commission. It hasn't actually built any SMRs yet, of course. Indeed, NuScale's business model doesn't actually envision ever building reactors.
Rather, the company plans rather to license its designs and technology to other companies that will build and operate them. And the company plans to get started with all this in about five years. So let's see where the business could be by then.
Source Fool.com
