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NuScale reported a 99% revenue decline but saw its cash reserves increase by $900 million, reflecting strategic positioning ahead of potential AI data center contracts.

Shows early-stage SMR developers are burning cash to secure grid interconnections and licensing, betting on future firm-power PPAs with AI operators.
Trade pressSlicast · August 18, 2026 · US · Source: Google News
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NuScale reported a 99% revenue decline but saw its cash reserves increase by $900 million, reflecting strategic positioning ahead of potential AI data center contracts.

Shows early-stage SMR developers are burning cash to secure grid interconnections and licensing, betting on future firm-power PPAs with AI operators.

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NuScale reported a 99% revenue decline but saw… · Slicast