Company developing modular and scalable small nuclear power systems.
NuScale Power, LLC was officially incorporated in 2007 by founders Jose N. Reyes (CTO) and Paul G. Lorenzini (Former CEO). However, the development of the original reactor concept began in 2000 as a collaborative project between Oregon State University (OSU), the Idaho National Engineering and Environmental Laboratory, and Nexant. The original concept, the “Multi-Application Small Light-Water Reactor” (MASLWR), was refined by OSU and upon conclusion of the 3-year project became the basis for the NuScale design.