USNIC News

USNIC Key Mover Update: NuScale Power Completes Merger with Spring Valley Acquisition Corp. to Create World’s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology

PORTLAND, Ore.--(BUSINESS WIRE)-- NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, today announced that it completed its previously announced Business Combination with Spring Valley Acquisition Corp. (NASDAQ: SV, SVSVW) (“Spring Valley”), a publicly traded special purpose acquisition company. The combined company will operate as NuScale Power Corporation and its shares of stock and warrants will start trading on the New York Stock Exchange (“NYSE”) May 3, 2022, under the ticker symbols “SMR” and “SMR WS” respectively...

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USNIC Key Mover Update: OPG and X-energy Pursuing Clean Energy Opportunities

Ontario Power Generation (OPG) and X-energy have signed a framework agreement to pursue opportunities to deploy Xe-100 small modular reactors (SMRs) for industrial applications in Canada...

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Super Bowl of Advance Reactors Summit Slated

Ten Leading Generation IV advanced nuclear reactor developers will summit on technology and process innovation at the Advanced Reactors Technical Summit II on February 11-12 in Lowell, Massachusetts. Keynoters include U.S. Deputy Assistant Secretary for Nuclear Energy Dr. John Kelly; U.S. Nuclear Regulatory Commission Chief of the Advanced Reactors Branch Anna Bradford; nuclear pundit Llewellyn King, a national syndicated commentator, columnist and television producer; and UMass Lowell Vice Provost Dr. Julie Chen.

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