As of March 2026, NuScale Power remains the only SMR with full NRC design certification (77 MWe US460, SDA May 2025). TerraPower's Natrium is the most advanced new-build in NRC review, with a Construction Permit application under active review for the 345 MWe Kemmerer, Wyoming demonstration plant. Kairos Power received a construction permit for its Hermes test reactor in Oak Ridge, Tennessee. The BWRX-300 is under construction in Canada under CNSC regulation and is expected to pursue US NRC licensing for subsequent deployments. This tracker covers every SMR design in the NRC pipeline, from pre-application engagement through certified designs.
| REACTOR | DEVELOPER | MWE | TYPE | NRC/REGULATORY STATUS | TARGET OPERATION | PHASE |
|---|---|---|---|---|---|---|
| VOYGR | NuScale Power | 77 MWe | pwr | NRC SDA Approved (77 MWe, May 2025) | 2030 | Certified/Approved |
| Kaleidos | Radiant Industries | 1 MWe | microreactor | DOE DARK Approved | 2028 | Certified/Approved |
| BWRX-300 | GE Hitachi / GE Vernova | 300 MWe | bwr | CNSC Licence to Construct (April 2025); NRC CP application under review (TVA Clinch River) | 2029 | Construction |
| Natrium | TerraPower | 345 MWe | sfr | NRC Construction Permit Received (March 2026) | 2030 | Construction |
| Hermes | Kairos Power | 0 MWe | fhr | NRC Construction Permit (Dec 2024), Nuclear Construction Started | 2027 | Construction |
| Aalo-X (XMR) | Aalo Atomics | 10 MWe | pwr | DOE Reactor Pilot Program (not NRC commercial license) | 2026 | In Licensing |
| Ward 250 | Valar Atomics | MWe | htgr | DOE Reactor Pilot Program — Ground broken Sept 2025 | 2026 | In Licensing |
| Antares R1 | Antares Nuclear | 1 MWe | htgr | DOE Reactor Pilot Program — Ground broken | Jul 2026 | In Licensing |
| Gravity Reactor | Deep Fission | 15 MWe | pwr | DOE Reactor Pilot Program — Drilling underway | Jul 2026 | In Licensing |
| MSR-1 | Natura Resources | 0 MWe | msr | NRC Construction Permit Received (Sept 2024) | 2026 | Construction |
| SMR-300 | Holtec International | 300 MWe | pwr | NRC CP Application Submitted (Dec 2025) | 2032 | Under Review |
| AP300 | Westinghouse Electric | 330 MWe | pwr | NRC Pre-Application | 2033 | In Licensing |
| KP-FHR | Kairos Power | 75 MWe | fhr | Pre-Application | 2030 | In Licensing |
| IMSR | Terrestrial Energy | 195 MWe | msr | CNSC Phase 2 VDR Completed / NRC Pre-Application | 2032 | In Licensing |
| Xe-100 | X-energy | 80 MWe | htgr | NRC CP Application Under Review | 2030 | Under Review |
| Westinghouse LFR | Westinghouse Electric | 450 MWe | lfr | UK AMR Phase 2 / NRC Pre-Application | In Licensing | |
| Aurora Powerhouse | Oklo Inc. | 15 MWe | sfr | Ground Broken at INL (Sept 2025) | 2028 | In Licensing |
| Micro Modular Reactor (MMR) | Ultra Safe Nuclear | 5 MWe | htgr | CNSC Pre-Licensing | 2030 | In Licensing |
| eVinci | Westinghouse Electric | 5 MWe | microreactor | NRC Pre-Licensing | 2028 | In Licensing |
| KRONOS | Nano Nuclear Energy | 1 MWe | htgr | Pre-Licensing (US and Canada) | In Licensing | |
| PWR-20 | Last Energy | 20 MWe | pwr | NRC Early Site Permit In Preparation | 2030 | In Licensing |
| ThorCon MSR | ThorCon | 250 MWe | msr | Early Development | In Licensing | |
| MCSFR | Elysium Industries | MWe | msr | Early Development | In Licensing | |
| BANR | BWX Technologies | MWe | microreactor | DOD Development (Project Pele) | In Licensing | |
| PWR-5 | Last Energy | 5 MWe | pwr | DOE Reactor Pilot Program | 2028 | In Licensing |
| Aalo Pod | Aalo Atomics | 50 MWe | pwr | In Development | 2027 | In Licensing |
| Nova | Valar Atomics | MWe | htgr | Cold criticality achieved Nov 17, 2025 | 2025 | In Licensing |
| MSR-100 | Natura Resources | 100 MWe | msr | In Development | 2030s | In Licensing |
| Project Pele | BWX Technologies | 5 MWe | htgr | DOD Development — Core Delivered Dec 2025 | 2028 | In Licensing |
| EM2 | General Atomics | 265 MWe | gcfr | In Development | In Licensing | |
| Standard Nuclear Fuel Fabrication | Standard Nuclear | MWe | fuel-facility | Producing since Jan 2026 | 2026 | In Licensing |
The only SMR with NRC design certification. Uprated 77 MWe US460 design received Standard Design Approval May 2025. Deployments planned in Romania (RoPower 462 MWe) and Poland.
1 MWe portable microreactor. DOE DARK safety documentation approved Feb 2026. Criticality target July 4, 2026 at INL DOME test bed. R-50 factory in Oak Ridge: 50 units/year. Customers: Equinix (20 reactors), US Air Force.
Simplified boiling water reactor with natural circulation. Lead project under construction at OPG Darlington, Ontario, Canada — first SMR construction in North America (May 2025). Also far advanced in US NRC licensing for TVA Clinch River site.
Founded by Bill Gates. 345 MWe baseload with 500 MWe peak via molten salt energy storage. Lead project in Kemmerer, Wyoming — first utility-scale advanced nuclear plant in US. DOE cost-share up to $2B of $4B total. Meta deal for up to 8 plants (2.8 GW).
Non-power demonstration reactor. First advanced reactor to receive NRC construction permit (Dec 2023). Nuclear construction began May 2025 at Oak Ridge, Tennessee.
NON-COMMERCIAL 10 MWe experimental microreactor at DOE's Idaho National Laboratory — built under DOE authorization, not a commercial NRC license. Ground broken Sept 2025. Final Design Review completed Jan 2026. Targeting criticality July 4, 2026. This is a test/demonstration unit at a DOE facility, distinct from commercially licensed reactors.
Helium-cooled TRISO-fueled high-temperature gas test reactor at Utah San Rafael Energy Research Center. Valar became the first startup to achieve cold criticality (Nov 2025). Targeting operation by July 4, 2026.
HTGR microreactor (0.1-1 MWe). Authorized under DOE Reactor Pilot Program. Ground broken, targeting criticality July 2026. $96M Series B raised December 2025.
15 MWe underground borehole PWR, scalable to 1.5 GWe. Authorized under DOE Reactor Pilot Program. Wells being drilled, targeting criticality July 2026.
1 MWt demonstration MSR — first molten salt reactor ever licensed by the NRC (construction permit received September 2024). Targeting criticality 2026. Commercial MSR-100 (100 MWe) to follow.
Uprated from SMR-160. Twin units planned at Palisades site with DOE $400M First Mover Award. NRC partial construction permit application accepted for docketing Feb 2026. Partner: Hyundai E&C.
Scaled-down version of the licensed and operating AP1000 design. Leverages proven technology and existing supply chain. Design certification anticipated 2027.
Commercial-scale fluoride salt-cooled high-temperature reactor. Google 500 MW fleet PPA — first-ever US corporate SMR deal. First reactor targeted 2030.
Integral Molten Salt Reactor with fuel dissolved in salt coolant. Completed CNSC Phase 2 Vendor Design Review with no fundamental barriers. First NRC safety evaluation of a commercial MSR design.
80 MWe per module, 4-pack configuration yields 320 MWe. TRISO-X fuel facility (TX-1) NRC licensed Feb 2026. Dow Seadrift project: 4 units. Amazon/Energy Northwest: up to 12 units at Cascade facility. DOE ARDP award up to $1.2B.
Atmospheric pressure lead-cooled reactor with air-cooled power conversion. 8 test facilities operational in UK since 2023 under UK AMR Phase 2 program. Lead boiling point >1700C eliminates need for pressurization.
15 MWe initial, scaling to 50-75 MWe commercial. Broke ground at INL September 2025. DOE approved fuel fabrication facility. Meta deal for 1.2 GW power campus in Pike County, OH. Largest SMR company by market cap (~$12.9B).
Fully Ceramic Microencapsulated (FCM) TRISO fuel for enhanced safety. Deployment target at Chalk River, Ontario, Canada. 5 MWe output suitable for remote communities and industrial applications.
Solid core heat pipe microreactor. 1/5 scale test at NRIC DOME as early as 2026. Penn State University partnership for prototyping and educational deployment.
First publicly listed US nuclear microreactor company. Advancing toward formal licensing in US and Canada. MoU with EHC Investment (Abu Dhabi) for Gulf deployment. Cash position: $577.5M.
20 MWe mass-manufactured plug-and-play microreactor. 80+ commercial agreements in Europe, half for data centers. 30 microreactors in Haskell County, Texas for data centers. UK: 4 units in South Wales.
Shipyard-built molten salt reactor targeting Indonesia market. Early development stage with regulatory engagement with Indonesian authorities.
Molten Chloride Salt Fast Reactor. Chloride salt coolant enables fast spectrum without solid fuel. Early-stage development.
BWXT Advanced Nuclear Reactor for military and defense applications. Active DOD contracts for mobile military microreactors under Project Pele. Also involved in NASA space nuclear applications.
5 MWe pilot reactor for demonstration at Texas A&M RELLIS campus. Joined DOE Reactor Pilot Program August 2025 via OTA. Stepping stone to PWR-20 commercial deployment.
50 MWe factory-manufactured commercial modular reactor purpose-built for behind-the-meter AI data center power. First nuclear-powered AI data center targeted 2027 in INL area.
First-ever startup to achieve nuclear criticality. Nova went critical November 17, 2025 — a historic milestone for the advanced reactor industry.
100 MWe commercial-scale MSR following MSR-1 demonstration. Leverages NRC-licensed MSR technology from Natura Resources.
1-5 MWe military transportable microreactor. TRISO fuel core delivered to INL December 2025. Electricity generation targeted 2028. US Department of Defense strategic capability.
265 MWe gas-cooled fast reactor with 30-year core life. Burns spent fuel and depleted uranium, converting waste into energy. Energy Multiplier Module design.
TRISO and HALEU fuel fabrication company. $186.5M in funding. Producing fuel since January 2026. Critical fuel supply infrastructure for advanced reactor fleet.
The NRC licensing pipeline is the single biggest bottleneck and enabler for US SMR deployment. NuScale proved the full certification pathway is viable but at a 7-year timeline and significant cost. TerraPower and Kairos Power are the next in line with the most advanced NRC engagement. The critical question for the industry is whether NRC review timelines can be compressed for subsequent applications, especially given the 10 CFR Part 53 rulemaking for technology-inclusive licensing. Light-water designs (NuScale, BWRX-300, Holtec) have a regulatory advantage because the NRC has decades of experience with the technology. Non-light-water designs (Natrium SFR, Xe-100 HTGR, Aurora SFR) face longer review timelines but may benefit from Part 53 once finalized. The pipeline is real, but patience is required: expect the first wave of new-build US SMRs to reach operation in the 2029-2032 timeframe.