NuScale Power Corporation Class A (SMR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to New Scale Power's second quarter 2026 earnings conference call. Today's call is being recorded. A replay will be available on New Scale's investor relations website for 30 days. At this time, I would like to turn the call over to Ramsey Hamady, Chief Financial Officer. Please go ahead. Thank you, Operator. Joining me today is John Hopkins, President and Chief Executive Officer of New Scale. We will begin by providing an update on our business, followed by a discussion of our financial results. We will then open the phone lines for questions. This afternoon, we posted supplemental slides to our investor relations website. As reflected in the state harbor statement from slide two, the information set forth in the presentation and discussed during the course of our remarks in the subsequent Q&A session includes forward-looking statements which reflect our current views Thank you, Ramsey. I want to start with a simple observation about where the market stands now. Demand for reliable, carbon-free power is not building slowly. It is accelerating. Every major hyperscaler, every large industrial offtaker, every utility with an eye on the next decade is now engaged in some version of the same conversation. We need power now, we need it to be clean, and we need it on a timeline that actually maps to our business. That urgency is real and it is growing. What I want to address today is what separates a company that can meet that urgency from one that cannot. Because the answer to that question is not branding or ambition, it is readiness. And readiness in this industry is a function of years of deliberate work, work that does not generate headlines but that determines more than anything else whether a nuclear project gets built on time and on budge...