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NuScale Power enters physical production stage in collaboration with Doosan Enerbility

The Motley Fool +1 · ·by G4L

SMR
SMR NuScale Power Corp
$5.44 +7.09%
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  1. 1NuScale Power has transitioned from technology development to physical production through a manufacturing agreement with Doosan Enerbility.
  2. 2NuScale recorded $300,000 in revenue for the three-month period ending September 30, 2026.
  3. 3NuScale will utilize approximately $1.9 billion in liquidity from the third quarter to fund component manufacturing.

So what's the key point?

NuScale Power has teamed up with Doosan Enerbility to begin manufacturing products directly. The company plans to use its $1.9 billion in available funds to pay for making parts.

Source The Motley Fool +1 · View original ↗

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