NuScale Raised $985 Million With Almost No Revenue. Here's How Long the Cash Lasts
NuScale Power is a money-losing start-up trying to break into the nuclear power industry, but it has lots of cash.
Overview
NuScale Power (NYSE: SMR) is a high-risk investment, as evidenced by its generating just $75,000 in revenue in the second quarter of 2026 against cost of sales of $227,000. And that doesn't even take into consideration the company's other expenses. Which is why it is impressive that it raised roughly $985 million in the first half of 2026, bringing its cash balances to roughly $1.1 billion. Here's how long the company has before it needs more cash.
NuScale Power is attempting to build and sell small modular nuclear reactors (SMRs). It has an approved design and is already starting to set up its manufacturing capabilities. The company has achieved a lot, but it is still missing one crucial piece: a first customer.
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Source
Originally published at www.fool.com.