NuScale Power touted its small modular reactor design as it filed its application to secure joint licensing funding for such projects from the Department of Energy. "We believe in our unique SMR technology and we have a remarkable team spanning the technology, supply chain and manufacturing functions that will enable our company to certify, commercialize and deploy our scalable, passively safe SMR to provide cost-effective, low-carbon energy to U.S. homes and businesses," said John Hopkins, chairman and CEO of NuScale.

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