NuScale Announces Steam Compressor Partnership With Ebara
NuScale Power on March 19, 2026 announced a collaboration with Ebara Elliott Energy to develop and field-test a commercial-scale high-temperature steam compressor to integrate NuScale Power Modules with petrochemical plants, targeting completion in 2027. The company reiterated its status as the only SMR design approved by the U.S. NRC; UBS cut NuScale's price target to $13 on March 18 and FY25 revenue was $31.5 million.
Key Points
- 1Announces collaboration to develop commercial high-temperature steam compressor with Ebara, targeting 2027 completion
- 2Highlights NRC-approved SMR design and nonbinding TVA agreement to deploy up to 6 GW
- 3Signals potential industrial process-heat market entry but faces capital intensity, delays, and cost-overrun risks
Scoring Rationale
Official company partnership and NRC-approved positioning drive credibility, but limited novelty and narrow industrial scope constrain broader impact.
Sources
Public references used for this report.
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