STOCK TITAN

NuScale Receives International Organization for Standardization (ISO) Certification, the Global Standard for Quality Management Systems

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

NuScale Power Corporation (NYSE: SMR), a leader in advanced nuclear SMR technology, has achieved ISO 9001:2015 certification from Orion Register Inc. This certification validates NuScale’s commitment to quality management systems that meet global standards. The evaluation confirmed the effectiveness of the company’s quality management processes, emphasizing customer feedback and continuous improvement. NuScale has previously received U.S. Nuclear Regulatory Commission approval for its quality assurance program in 2011 and holds the ASME N Certificate of Authorization since 2019, reinforcing the strength of its nuclear quality initiatives. The company aims to assist in the global energy transition with its VOYGR™ SMR plants, which can scale from 77 megawatts to 924 MWe, catering to diverse energy needs worldwide.

Positive
  • ISO 9001:2015 certification enhances credibility and demonstrates commitment to quality standards.
  • Strong quality management systems confirmed, ensuring high-quality work and customer satisfaction.
  • Established foundation with prior certifications from U.S. Nuclear Regulatory Commission and ASME, enhancing market position.
Negative
  • None.

The certification highlights the company’s commitment to continually deliver quality products, services and processes to meet the stringent needs of NuScale VOYGRTM power plant customers around the world

PORTLAND, Ore.--(BUSINESS WIRE)-- Today, NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, announced that Orion Register Inc., a leading International Organization for Standardization (ISO) and industry-specific certification body, issued NuScale the highly regarded ISO 9001:2015 certification. Orion Register issued the certification after completing an evaluation of NuScale’s quality management system (QMS). The rigorous review process confirmed that NuScale has a strong quality system, which ensures consistent, high quality work, with strong focus on customer feedback and improvement.

NuScale first received U.S. Nuclear Regulatory Commission approval of its quality assurance program under Title 10, Code of Federal Regulations, Appendix B / Nuclear Quality Assurance-1 (NQA-1) in 2011, and since 2019, NuScale has held an N Certificate of Authorization issued by the American Society of Mechanical Engineers (ASME). Both NQA-1 and the ASME N Certificate are considered hallmarks for nuclear quality programs.

“NuScale’s ISO 9001:2015 certification further demonstrates our commitment to a strong quality program that can satisfy global standards for quality. Achieving this critical milestone recognizes the maturity of our QMS, with processes that are scalable and repeatable. We look forward to utilizing the QMS to meet customer and regulatory requirements globally,” said Karin Feldman, Interim Chief Operating Officer/Chief Nuclear Officer.

About NuScale Power

NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The company’s groundbreaking VOYGR™ SMR plants are powered by the NuScale Power Module™, 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.

As the first and only SMR to have its design 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, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.

Founded in 2007, NuScale is headquartered in Portland, Ore. To learn more, visit NuScale Power’s website or follow us on Twitter, Facebook, LinkedIn, Instagram and YouTube.

Media Contact



Diane Hughes, Vice President, Marketing & Communications, NuScale Power

dhughes@nuscalepower.com

(503) 270-9329



Investor Contact



Scott Kozak, Director, Investor Relations, NuScale Power

skozak@nuscalepower.com

(541) 452-7583

Source: NuScale Power

FAQ

What is the significance of NuScale Power's ISO 9001:2015 certification?

NuScale's ISO 9001:2015 certification demonstrates its commitment to high-quality management systems, which meet global standards.

When did NuScale Power first receive U.S. Nuclear Regulatory Commission approval for its quality assurance program?

NuScale Power first received U.S. Nuclear Regulatory Commission approval for its quality assurance program in 2011.

What are the capabilities of NuScale's VOYGR™ SMR plants?

NuScale's VOYGR™ SMR plants can generate from 77 megawatts to a total of 924 MWe, supporting various energy applications.

Who issued the ISO 9001:2015 certification to NuScale Power?

The ISO 9001:2015 certification was issued by Orion Register Inc., a recognized certification body.

What does the ISO 9001:2015 certification indicate about NuScale's management practices?

The ISO 9001:2015 certification indicates that NuScale has a mature quality management system focused on continuous improvement and customer feedback.

NuScale Power Corporation

NYSE:SMR

SMR Rankings

SMR Latest News

SMR Stock Data

2.58B
90.45M
10.55%
50.04%
23.99%
Specialty Industrial Machinery
Fabricated Plate Work (boiler Shops)
Link
United States of America
CORVALLIS