NuScale Power Corporation has opened a new operations center in the CityCentre complex in Houston, Texas, to support its expanding operational needs as it advances its small modular reactor (SMR) technology and broadens its commercial footprint.
The company’s most recent financial results show revenue of $31.5 million for the year ended December 31, 2025, down from $37.0 million in 2024, and a net loss of $50.829 million for the latest quarter. Trailing‑twelve‑month net profit margin stands at –1,130.258 %. NuScale has yet to generate revenue from SMR sales, but it has no long‑term debt and maintains a strong liquidity position.
Investors have expressed concerns over a securities‑fraud class action linked to its commercialization partner ENTRA1 Energy, the exit of Fluor’s stake, and doubts about project viability and high construction costs. These headwinds have contributed to a broader decline in investor confidence in the company’s prospects.
"Opening this space in Houston underscores our commitment to meeting rising energy demand with safe, scalable nuclear technology," said John Hopkins, President and CEO. "This move expands our presence in a key market for partners, prospective customers, and stakeholders in addition to positioning us for the future as we focus on the near‑term deployment of our industry‑leading technology." "Texas is leading the way in embracing advanced nuclear for grid resilience and industrial decarbonization, and we're proud to expand our footprint and capabilities in this important region," Hopkins added.
Houston’s status as an international energy capital places NuScale in close proximity to petrochemical plants, data centers, and AI infrastructure that require reliable, carbon‑free power. The new center strengthens the company’s commercial reach, but the firm remains unprofitable, faces high capital costs, and is subject to ongoing legal challenges, all of which temper the optimism surrounding the expansion.
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