NuScale Power shares climbed 4% even as the company announced a new $750 million share-sale program, raising concerns about dilution. The firm, still pre-commercial, holds a strong cash position of $1.9 billion, but its share count has been rising as it funds development of its small modular reactor technology. Nuclear power is a key piece of the carbon-free energy mix, and investor attention on uranium and reactor developers has picked up recently. The real question is whether NuScale can move from cash runway to deployed capacity without eroding shareholder value along the way.
