NuScale develops and commercializes Small Modular Reactor (SMR) technology through its proprietary Light Water Nuclear Reactor design, the NuScale Power Module, which generates electricity with fully passive safety systems and can be deployed in scalable configurations from one to twelve modules per installation. The company generates revenue through equipment sales of its NRC-approved reactor designs and a diversified suite of lifecycle services including regulatory support, operator training, fuel management, and maintenance across the operational life of plants. NuScale serves governments, utilities, state-owned enterprises, and industrial customers globally seeking reliable carbon-free baseload power, with commercialization partnerships targeting deployment across utility, data center, hydrogen production, and industrial applications.