{"id":484,"date":"2026-04-17T14:03:00","date_gmt":"2026-04-17T14:03:00","guid":{"rendered":"https:\/\/hyokal.com\/?p=484"},"modified":"2026-04-17T14:03:00","modified_gmt":"2026-04-17T14:03:00","slug":"us-space-nuclear-propulsion-brings-new-attention-to-nuscale-smr-prospects","status":"publish","type":"post","link":"https:\/\/hyokal.com\/?p=484","title":{"rendered":"US space nuclear propulsion brings new attention to NuScale SMR prospects"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Track your investments for free with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.<!-- HTML_TAG_END --><\/p>\n<ul class=\"yf-1p2hw41\">\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The White House has directed U.S. government agencies to deploy nuclear reactors for space use, with the goal of having them in orbit by 2028 and on the moon by 2030.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->This new federal initiative will formally incorporate nuclear power into future space infrastructure plans.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->NewScale Power (NYSE:SMR), the only SMR developer with US NRC design approval, is now a direct candidate for related government contracts.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->NuScale Power embarks on this new policy push with a stock price of $11.41 and has had mixed results recently. The stock is up 22.7% over the past week, but its past year and year-to-date returns are down 21.9% and 30.0%, respectively. The three-year return on equity is 30.0% and the five-year return is 14.1%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->For investors looking at NYSE:SMR, the move into potential space applications brings a new angle beyond traditional grid power. The federal government&#8217;s focus on space reactors could widen the company&#8217;s reputation, and future developments could depend on contract wins, technical suitability for space applications, and NuScale&#8217;s ability to adapt the SMR design to non-terrestrial environments.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Add NuScale Power to your Watchlist or Portfolio to stay up to date with the most important NuScale Power news stories. Or explore our community and discover new perspectives on NuScale Power.<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-lglytj\" style=\"--max-height: 613px;\">\n<div class=\"image-wrapper yf-lglytj\" style=\"--aspect-ratio: 960 \/ 613; --img-max-width: 960px;\"><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->NYSE:SMR earnings and revenue growth (as of April 2026)<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->We have reported three risks regarding NuScale Power. Find out which ones may affect your investment.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The U.S. space nuclear initiative effectively opens up new potential use cases for NuScale Power&#8217;s small modular reactors, expanding the conversation beyond terrestrial power grids to powering satellites, lunar bases and defense applications. NASA and the Department of Defense plan to run a competitive vendor process, so NuScale is unlikely to be the only candidate, but existing designs approved by the US NRC could shorten qualification steps compared to competing products in early development. A key question for investors is whether NuScale can adapt its SMR technology to space-specific requirements such as low mass, radiation-hardened systems, and autonomous operation within a timeline targeted for deployment in the late 2020s. The opportunity also brings execution and funding issues, as a space reactor may require new partnerships, bespoke engineering, and a different regulatory pathway than NuScale&#8217;s current commercial projects. Overall, this news adds a new potential revenue stream and strengthens the role of nuclear power in future infrastructure, but it does not change the short-term reality that NuScale continues to work to convert its pipelines into nuclear reactors that are being built and are in operation.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<div style=\"display: none\" data-testid=\"read-more\">\n<ul class=\"yf-1p2hw41\">\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The focus on space nuclear power is consistent with the narrative that NuScale&#8217;s SMR design has the potential to be used in more environments, and supports expectations for long-term cash flow following future deployment and commercialization.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->At the same time, the company is already grappling with project timing, funding needs, and regulatory work around ENTRA1 and other initiatives, so adding a space-focused track could be resource-starved and complicated to execute.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Because this story is centered around grid and industrial customers such as RoPower and data centers, it does not fully reflect the specific requirements and risks of space reactors and may introduce new variables to timelines and capital intensity.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Understanding a company&#8217;s value starts with understanding its story. Check out one of the Simply Wall St community&#8217;s top narratives about NuScale Power to help you decide what it&#8217;s worth to you.<!-- HTML_TAG_END --><\/p>\n<ul class=\"yf-1p2hw41\">\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\u26a0\ufe0f NuScale remains unprofitable with no commercial reactors sold or built yet, so taking on space reactor work could increase development risk before the contract translates into operating assets.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\u26a0\ufe0fThe Department of Defense plans to have at least two vendors conduct design reviews and testing, which means NuScale faces competition from other reactor developers and could potentially invest time and capital without winning long-term awards.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\ud83c\udf81 Formal national initiatives on space nuclear power highlight government interest in small nuclear reactors, which could support demand for SMR technology across both space and ground-based applications.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1p2hw41\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\ud83c\udf81 If NuScale&#8217;s NRC-approved design proves amenable to space applications, its regulatory head start could become a differentiator as regulators evaluate technical readiness and safety.<!-- HTML_TAG_END --><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->From here, watch how quickly NASA and the Department of Defense move from policy to specific program details such as request for proposal timelines, technical specifications, and budget allocations. For NuScale, any suggestion that an existing SMR design be shortlisted or a partnership formed tailored to space systems will help clarify how important this effort will be compared to current power grid or industrial projects. It&#8217;s also worth keeping an eye on NuScale&#8217;s financing, fundraising activities, and project pipeline to see if its space-related work will add to the complexity of execution, or if it will be phased in alongside established efforts like RoPower and ENTRA1.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->To stay on top of how the latest news impacts NuScale Power&#8217;s investment story, visit NuScale Power&#8217;s community page to stay up to date on the community&#8217;s top stories.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>    This article by Simply Wall St is general in nature. <strong>We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice.<\/strong> This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Companies featured in this article include SMR.<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Do you have feedback on this article? Interested in its content? Please contact us directly.<\/strong><em>    Alternatively, email editorial-team@simplywallst.com.<\/em><!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p>#space #nuclear #propulsion #brings #attention #NuScale #SMR #prospects<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Track your investments for free with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. The White House has directed U.S. government agencies to deploy nuclear reactors for space use, with the goal of having them in orbit by 2028 and on the moon by 2030. This new federal &#8230; <a title=\"US space nuclear propulsion brings new attention to NuScale SMR prospects\" class=\"read-more\" href=\"https:\/\/hyokal.com\/?p=484\" aria-label=\"Read more about US space nuclear propulsion brings new attention to NuScale SMR prospects\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[571,627,625,623,624,628,620,626,629,621,543,622,460],"class_list":["post-484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-attention","tag-brings","tag-nuclear","tag-nuclear-power","tag-nuclear-reactor","tag-nuscale","tag-nuscale-power","tag-propulsion","tag-prospects","tag-smr","tag-space","tag-space-infrastructure","tag-white-house"],"_links":{"self":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts\/484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=484"}],"version-history":[{"count":0,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts\/484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/media\/485"}],"wp:attachment":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}