Where Will NuScale Power Be in 5 Years?
NuScale Power (NYSE: SMR) is burning cash right now. That's not surprising given it is a start-up operating a capital-intensive manufacturing business. However, the next year could be an important turning point for the company, and in five years, if everything goes well, it could be a profitable company with a deep pipeline of future business.Here's what you need to know about NuScale Power today and where it could be in five years.NuScale has big plans, but not much of a business at this juncture. That's because what it is trying to do represents a drastic change to the current operating environment in the utility sector. Right now, nuclear power plants are large, site-built assets that cost massive amounts of money to erect. If the company gets its wish, the future will be filled with small modular nuclear reactors (SMRs).Continue reading
NuScale Power (NYSE: SMR) is burning cash right now. That's not surprising given it is a start-up operating a capital-intensive manufacturing business. However, the next year could be an important turning point for the company, and in five years, if everything goes well, it could be a profitable company with a deep pipeline of future business.
Here's what you need to know about NuScale Power today and where it could be in five years.
NuScale has big plans, but not much of a business at this juncture. That's because what it is trying to do represents a drastic change to the current operating environment in the utility sector. Right now, nuclear power plants are large, site-built assets that cost massive amounts of money to erect. If the company gets its wish, the future will be filled with small modular nuclear reactors (SMRs).
