Exelon Corporation (NASDAQ: EXC) is one of the largest regulated electric utilities in the United States, headquartered in Chicago, Illinois. Originally formed in 2000 through the merger of PECO Energy Company and Unicom, Exelon provides electricity and natural gas to over 10 million customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey, and Washington, D.C.
NuScale Power Corporation (XNYS: SMR) is an American company that is involved in the design, development, and marketing of a new small modular light water reactor nuclear power plant. This plant will supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. The company was founded in 2007 and its headquarter is located in Tigard, Oregon, United States.
NuScale’s SMR is a scalable version of pressurized water reactor technology, where multiple modules operate together to provide the desired power output This technology is a new type of nuclear power that offers many benefits over traditional nuclear power plants.