NuScale Power Stock Surges on U.S. Army’s Nuclear Microreactor Program
NuScale Power (SMR) shares surged 22.6% in early trading Wednesday, extending a 25% weekly rally, after the U.S. Army unveiled its Janus Program for deploying nuclear microreactors at military bases globally. The initiative, announced at the AUSA conference, partners with the Department of Energy and Defense Innovation Unit to develop small reactors capable of multi-megawatt output without refueling for decades.
Army Secretary Dan Driscoll and Energy Secretary Chris Wright emphasized the strategic value of nuclear power for forward-deployed bases. NuScale's technology aligns with the program's commercial ownership model, though the article truncates before detailing specific involvement. The market reaction reflects Optimism about nuclear energy's institutional adoption tailwinds.
