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The New Scale Power Company, with symbol SMR, is a key player in the space of small modular reactors (SMRs). This is an emerging area as SMRs can be factory-built, unlike traditional nuclear reactors. The company has been approved in the U.S. and is one of the few companies focusing specifically on SMRs. With the increasing demand for clean energy solutions, the New Scale Power Company is well-positioned for future growth and expansion in the nuclear energy sector.
The question was on companies that build small modular reactors. This is a growing space since these can be built in a factory as opposed to large scale site development of nuclear reactors. There are not a lot of companies in this space. Rolls Royce is one of them but it has other divisions as well. The New Scale Power Company is one of the companies dealing specifically with SMR's and it has been approved in the U.S.
New Scale Power Company is a OTC stock, trading under the symbol SMR on the (). It is usually referred to as or SMR
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In the last year, there was no coverage of New Scale Power Company published on Stockchase.
On , New Scale Power Company (SMR) stock closed at a price of $.