{"id":999289,"date":"2026-09-01T06:54:38","date_gmt":"2026-09-01T10:54:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/"},"modified":"2026-09-01T06:54:38","modified_gmt":"2026-09-01T10:54:38","slug":"nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/","title":{"rendered":"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component<\/b><\/p>\n<p>CORVALLIS, Ore. &amp; KNOXVILLE, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNuScale Power Corporation (NYSE: SMR), the industry leading provider of proprietary and innovative advanced small modular reactor (SMR) technology, and MillenniTEK, an advanced nuclear materials manufacturer, today announced that they have successfully fabricated first-of-a-kind boron-oxide pellets for NuScale\u2019s passive emergency core cooling system (ECCS).<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/<\/a><\/p>\n<p>\nThe achievement marks an important step in NuScale\u2019s continued progress toward commercialization readiness by furthering the development of specialized components and manufacturing processes that support the deployment of its U.S. Nuclear Regulatory Commission (NRC) approved SMR technology.<\/p>\n<p>\nIt also demonstrates NuScale\u2019s commitment to safety, technical rigor, and the continued maturation of its supply chain and manufacturing capabilities. Upon ECCS actuation in a plant with NuScale technology, the pellets are designed to dissolve into the reactor coolant to help control and maintain core reactivity at safe levels without operator intervention.<\/p>\n<p>\n\u201cNuScale\u2019s technology is built on a commitment to safety, simplicity, and deployability, and this milestone reflects the continued progress we are making to prepare our technology and supply chain for commercial deployment in the near-term,\u201d said John Hopkins, NuScale President and Chief Executive Officer. \u201cBy working with experienced advanced nuclear manufacturers like MillenniTEK, we are progressing the production-ready processes needed to support our first customer deployments and bring NuScale\u2019s technology \u2013 the only SMR with NRC approval \u2013 to market.\u201d<\/p>\n<p>\n\u201cThis first-of-a-kind fabrication milestone demonstrates MillenniTEK\u2019s ability to support the advanced manufacturing needs of next-generation nuclear technologies,\u201d said Steve Getley, MillenniTEK President. \u201cWe are proud to work with NuScale to help mature a critical manufacturing process that supports the safe and reliable deployment of its small modular reactor technology.\u201d<\/p>\n<p>\nNuScale remains focused on advancing the commercialization of its technology through disciplined engineering, manufacturing readiness, supply chain development, and customer deployment planning. As the only SMR technology with NRC-approved designs, NuScale continues to build the technical and industrial foundation needed to deliver reliable, carbon-free energy for customers around the world.<\/p>\n<p><b>About NuScale Power<\/b><\/p>\n<p>\nFounded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The NuScale Power Module\u2122, the Company\u2019s groundbreaking SMR technology, is a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output.<\/p>\n<p>\nAs the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.<\/p>\n<p>\nTo learn more, visit NuScale Power\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nuscalepower.com%2F&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=website&amp;index=1&amp;md5=d0733b34e5db0724ada27cfabd6f40f5\">website<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnuscale-power&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=93742f050725941600145a3288198842\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fnuscalepowercorp%2F&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=Facebook&amp;index=3&amp;md5=02907ab4ee440284c3fc966afce575f9\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fnuscale_power&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=Instagram&amp;index=4&amp;md5=fc36d16574f7018e795cb139900a81b3\">Instagram<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FNuScale_Power&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=X&amp;index=5&amp;md5=2edfa5ff5788f15b993a73395e97624c\">X<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2F%40nuscalepower6289&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=YouTube&amp;index=6&amp;md5=9cc883ec238b64d13a42221de73e99bd\">YouTube<\/a>.<\/p>\n<p><b>About MillenniTEK<\/b><\/p>\n<p>\nMillenniTEK was formed in 2010 by a management buy-out of Millennium Materials, a company that was owned by the UK company, Dyson Group PLC. In 2024, Houston based Pelican Energy Partners acquired the company.<\/p>\n<p>\nMillenniTEK focuses on innovation and quality, our NQA-1 focused team has doubled production capacity, achieved yields greater than 95%, and introduced new ceramic product lines. Whether it\u2019s technical ceramic manufacturing or rapid prototyping, MillenniTEK is dedicated to changing the world through cutting-edge materials.<\/p>\n<p>\nThe company is split into two divisions, the first being technical ceramic manufacturing where we convert materials that are in powder form into solid high tolerance components, in a high production output environment. The second division develops prototype parts in an array of high temperature materials to support the emerging SMR, Microreactor and Space Reactor sectors. To learn more, visit MillenniTEK\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fmillennitek.com%2F&amp;esheet=54596706&amp;newsitemid=20260901227970&amp;lan=en-US&amp;anchor=website&amp;index=7&amp;md5=a427becb331535237d82acbe13f8a5ae\">website<\/a>.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis release contains forward-looking statements (including without limitation statements containing words such as &#8220;will,&#8221; &#8220;believes,&#8221; &#8220;expects,&#8221; \u201canticipates,\u201d &#8220;plans&#8221; or other similar expressions). These forward-looking statements may include statements relating to our strategic and operational plans, expectations (including regarding our market positioning, our progress toward deploying our technology, the market for nuclear energy and providing energy technology for communities around the world), future growth, and the outlook of our business.<\/p>\n<p>\nOur actual results may differ materially from what may be included in forward-looking statements as a result of a number of factors, including, among other things, the following: our ability to enter into binding contracts with customers to deliver NPMs; competition from other nuclear reactor technologies; delays in the development and manufacturing of NPMs and related technology; the possibility that we may continue to incur losses in the future and may not be able to achieve or maintain profitability; the cost of electricity generated from nuclear sources or our NPMs may not be cost competitive; the market for SMRs is not yet established and may not achieve growth as expected; our dependence on our relationships with ENTRA1 and other strategic partners; risks related to the Partnership Milestones Agreement that we entered into with ENTRA1; our ability to manage our growth effectively; our need for additional funding in the future; our partners\u2019 and potential customers\u2019 ability to secure funding; manufacturing and construction issues, including that our supply base in constrained; the politically sensitive environment we operating in and the public perception of nuclear energy; our dependence on senior management and other highly skilled personnel; our ability to obtain design approvals internationally; our customers\u2019 ability to obtain required regulatory approvals on a timely basis or at all; compliance with environmental laws and evolving government laws and regulations; the impact of changing trade policies and new or increased tariffs; risks related to cybersecurity; changes in tax laws; our ability to protect our intellectual property; our limited number of authorized shares available for issuance; the price of our Class A common stock may be volatile; additional sales of our common stock or exercise of our options could result in dilution to our stockholders; we have and may in the future be subject to short selling strategies; NuScale Power, LLC being treated as a corporation for U.S. federal income tax or state tax purposes; and requirements under the Tax Receivable Agreement. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, our results may differ materially from its expectations and projections.<\/p>\n<p>\nAdditional information concerning these and other factors can be found in the Company&#8217;s public periodic filings with the Securities and Exchange Commission, including the general economic conditions and other risks, uncertainties and factors set forth in the sections entitled \u201cRisk Factors\u201d in our Annual Report on Form 10-K for the year ended December 31, 2025 and in subsequent filings we make with the SEC. The referenced SEC filings are available either publicly or upon request from NuScale&#8217;s Investor Relations Department at <a rel=\"nofollow\" href=\"mailto:ir@nuscalepower.com\">ir@nuscalepower.com<\/a>. The Company disclaims any intent or obligation other than as required by law to update or revise any forward-looking statements.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260901227970r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<br \/><\/b>NuScale Power &#8211; <a rel=\"nofollow\" href=\"mailto:media@nuscalepower.com\">media@nuscalepower.com<br \/>\n<\/a><br \/>MillenniTEK &#8211; <a rel=\"nofollow\" href=\"mailto:info@millennitek.com\">info@millennitek.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<br \/><\/b>NuScale Power &#8211; <a rel=\"nofollow\" href=\"mailto:ir@nuscalepower.com\">ir@nuscalepower.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Oregon Tennessee United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Manufacturing Other Manufacturing Energy Nuclear Chemicals\/Plastics<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260901227970\/en\/839209\/3\/Nuscale_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260901227970\/en\/2885615\/3\/Millennitek_color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component CORVALLIS, Ore. &amp; KNOXVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211; NuScale Power Corporation (NYSE: SMR), the industry leading provider of proprietary and innovative advanced small modular reactor (SMR) technology, and MillenniTEK, an advanced nuclear materials manufacturer, today announced that they have successfully fabricated first-of-a-kind boron-oxide pellets for NuScale\u2019s passive emergency core cooling system (ECCS). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/ The achievement marks an important step in NuScale\u2019s continued progress toward commercialization readiness by furthering the development of specialized components and manufacturing processes that support the deployment of its U.S. Nuclear Regulatory Commission (NRC) approved SMR technology. It also demonstrates NuScale\u2019s commitment to safety, technical rigor, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-999289","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component CORVALLIS, Ore. &amp; KNOXVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211; NuScale Power Corporation (NYSE: SMR), the industry leading provider of proprietary and innovative advanced small modular reactor (SMR) technology, and MillenniTEK, an advanced nuclear materials manufacturer, today announced that they have successfully fabricated first-of-a-kind boron-oxide pellets for NuScale\u2019s passive emergency core cooling system (ECCS). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/ The achievement marks an important step in NuScale\u2019s continued progress toward commercialization readiness by furthering the development of specialized components and manufacturing processes that support the deployment of its U.S. Nuclear Regulatory Commission (NRC) approved SMR technology. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/","og_locale":"en_US","og_type":"article","og_title":"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component - Market Newsdesk","og_description":"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component CORVALLIS, Ore. &amp; KNOXVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211; NuScale Power Corporation (NYSE: SMR), the industry leading provider of proprietary and innovative advanced small modular reactor (SMR) technology, and MillenniTEK, an advanced nuclear materials manufacturer, today announced that they have successfully fabricated first-of-a-kind boron-oxide pellets for NuScale\u2019s passive emergency core cooling system (ECCS). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260901227970\/en\/ The achievement marks an important step in NuScale\u2019s continued progress toward commercialization readiness by furthering the development of specialized components and manufacturing processes that support the deployment of its U.S. Nuclear Regulatory Commission (NRC) approved SMR technology. It also demonstrates NuScale\u2019s commitment to safety, technical rigor, and &hellip; Continue reading \"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-01T10:54:38+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260901227970r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component","datePublished":"2026-09-01T10:54:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/"},"wordCount":1248,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260901227970r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuscale-power-and-millennitek-advance-manufacturing-technology-for-first-of-a-kind-reactor-safety-component\/","name":"NuScale Power and MillenniTEK Advance Manufacturing Technology for First-of-a-Kind Reactor Safety Component - 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