A Congressional Push for Small Reactors Lifts NuScale Power’s Prospects

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A concerted political effort in Washington to revitalize the U.S. nuclear energy sector is generating momentum for advanced reactor technologies. This shift in policy is drawing investor attention to companies like NuScale Power, a recognized leader in small modular reactor (SMR) design, whose shares have recently shown notable recovery.

The immediate catalyst for renewed market interest is a series of congressional hearings. The House Energy Subcommittee has scheduled a session titled "American Energy Dominance: The Dawn of the New Nuclear Age" for January 7. The explicit goal of this legislative focus is to streamline regulatory pathways and accelerate the construction timeline for SMRs. This congressional action builds upon an existing governmental roadmap targeting operational reactors by 2027.

NuScale Power occupies a unique position amid this political backdrop. It remains the sole U.S.-based developer to have secured a Design Certification from the Nuclear Regulatory Commission (NRC) for an SMR. This regulatory milestone could provide the company with a significant competitive advantage if licensing processes are expedited, potentially allowing it to capitalize on the emerging policy environment faster than its peers.

Financial Strategy and Shareholder Dynamics

To fund its ambitious project pipeline, including the ENTRA1 and RoPower initiatives, NuScale Power has taken steps to enhance its capital-raising capacity. The company recently increased its authorized share count from 332 million to 662 million. While this move provides a mechanism to secure necessary funding for development, it also introduces potential dilution for current equity holders.

Concurrently, a major shift in ownership is underway. Fluor Corporation, a longstanding significant shareholder, has announced plans to divest its substantial stake and exit its position. For now, however, this source of potential selling pressure appears to be offset by the positive sentiment stemming from the legislative developments.

Market participants are also closely monitoring progress on key international projects, particularly the RoPower endeavor in Romania. This project, which plans to deploy six NuScale Power modules, is viewed as a critical real-world test for the commercial viability of the company's SMR technology.

Market Performance and Forward Outlook

NuScale Power's shares were last quoted near $18.84. This price represents a substantial recovery from its 52-week low, though it remains well below the all-time high recorded in October 2025. The upcoming congressional hearings will serve as a key indicator of how quickly and concretely these pro-nuclear policy intentions will translate into actionable legislation, determining whether the current positive momentum can be sustained and strengthened.