Risk factors
Nuscale POWER (SMR) risk factors
Item 1A of every Nuscale POWER Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors39 risks10 new13 dropped10 reworded
NuScale faces intense global competition from operating SMRs in China and Russia, while lacking binding customer contracts for NPMs.
Filed Feb 26, 2026 - FY2024 10-K risk factors42 risks
NuScale faces concentration risks from reliant commercial partners like RoPower, Fluor, and ENTRA1. The company has no commercial customer contracts yet, significant ongoing losses, and relies on NRC design approvals for its 77 MWe NPM. U.S. tax incentives like the Inflation Reduction Act and DOE cost-sharing awards are critical to ongoing operations.
Filed Mar 03, 2025