NuScale Power Corporation (NYSE:SMR) experienced a significant surge on Friday, snapping a three-day losing streak. The stock price jumped 10.66 percent, closing at $34.36 per share. This positive movement coincides with the unveiling of the largest energy exploration center in the United States, a project developed in partnership with George Mason University.
E2 Center: A Hub for Nuclear Energy Innovation
The new facility, named the E2 center, occupies a sprawling 345,000-square-foot space within George Mason University. Its centerpiece is a state-of-the-art simulator designed to replicate a NuScale Small Modular Reactor (SMR) control room. This simulator provides a unique learning environment for students, allowing them to assume the roles of control room operators within a realistic, full-scale 12-module simulation. This hands-on experience bridges the gap between theoretical knowledge and practical application, preparing them for careers in the nuclear energy sector.
Training the Next Generation of Nuclear Leaders
According to NuScale Power President and CEO John Hopkins, the E2 center reinforces the company's commitment to driving innovation in nuclear energy and inspiring the next generation of leaders. He emphasized the importance of shaping a skilled, nuclear-ready workforce and fostering a more informed public, ultimately strengthening the foundation for clean, reliable energy both in Virginia and globally.
The E2 center was made possible through funding from the Virginia Clean Energy Innovation Bank, supported by the Virginia Department of Energy.
SMR's Performance and Investment Potential
Overall, NuScale Power (SMR) ranked 7th among Friday's best-performing stocks. While the article acknowledges SMR's potential as an investment, it suggests that certain AI stocks may offer even higher returns.
- NuScale Power (SMR) stock jumped 10.66% on Friday.
- The E2 center features a state-of-the-art SMR control room simulator.
- The facility was funded by the Virginia Clean Energy Innovation Bank.