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ARLINGTON, VA - NuScale Power Corporation (NYSE: SMR), a leader in small modular reactor (SMR) technology, has partnered with George Mason University to open the largest Energy Exploration (E2) Center in the United States. The company, whose stock has surged over 355% in the past year according to InvestingPro data, is currently trading near its Fair Value. The new center, situated in the university’s Fuse building at Mason Square, aims to advance nuclear science and engineering education.
The Virginia Clean Energy Innovation Bank, supported by the Virginia Department of Energy, funded the E2 Center to bolster Virginia’s nuclear energy workforce development. The center features a full-scale 12-module simulator of a NuScale SMR control room, offering George Mason students hands-on experience in nuclear plant operations. NuScale has demonstrated strong financial fundamentals, maintaining a healthy current ratio of 6.23 and impressive gross profit margins of 78.44%.
Glenn Davis, Director of the Virginia Department of Energy, emphasized the significance of the investment in Virginia’s clean energy future and workforce expertise. NuScale President and CEO John Hopkins and Ken Ball, Dean of George Mason’s College of Engineering and Computing, both highlighted the partnership’s role in fostering innovation and preparing students for the evolving energy industry.
Operational since May 30, 2025, the E2 Center will host its grand opening in fall 2025. It provides practical demonstrations and interactive tours for community engagement, extending learning opportunities beyond the university curriculum.
NuScale’s E2 Centers are now present at 11 educational institutions worldwide, demonstrating the company’s commitment to education in the nuclear field. NuScale, founded in 2007, is the first company to have its SMR designs certified by the U.S. Nuclear Regulatory Commission, positioning it to supply diverse global customers with carbon-free energy solutions.
This initiative aligns with George Mason University’s ongoing efforts to address societal challenges through education and innovation. The university, Virginia’s largest public research institution, continues to expand its reach and impact in research and accessibility.
The information in this article is based on a press release statement from NuScale Power.
In other recent news, NuScale Power has received approval from the U.S. Nuclear Regulatory Commission (NRC) for its enhanced small modular reactor (SMR) design, marking a significant milestone for the company. This approval allows NuScale’s partner, ENTRA1 Energy, to utilize the upgraded NuScale Power Modules™ in its energy plants, expanding the company’s potential customer base. The NRC’s decision is a crucial step as NuScale Power aims to deploy its technology by 2030. Analysts at Goldman Sachs have maintained a Neutral rating on NuScale Power, with a price target of $27, following the regulatory approval. Meanwhile, Canaccord Genuity has raised its price target for NuScale Power to $36, maintaining a Buy rating, reflecting an optimistic outlook on the company’s financial performance and future module deployments. The analysts at Canaccord are particularly positive about the company’s growth prospects beyond 2040, contingent on successful module deliveries. Despite the regulatory progress, Goldman Sachs remains cautious, citing challenges related to the novel technology and licensing process. These developments highlight NuScale Power’s ongoing efforts to navigate the regulatory landscape and secure commercial agreements for its nuclear reactor technology.
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