Studsvik AB Gains US Regulatory Support for Nuclear Fuel Software
On June 10, 2025, Studsvik AB, a leading technical service provider in the nuclear power industry, announced a significant regulatory milestone. The company has received support from the US Nuclear Regulatory Commission (NRC) for its fuel software, marking a pivotal moment in its operations.
Studsvik AB, listed on the Swedish Stock Exchange, operates across various segments including Sweden, the United Kingdom, Germany, the United States, and Global Services. The company specializes in waste treatment, decommissioning, engineering, and services, and is known for enhancing operating efficiency in the nuclear sector.
The regulatory approval pertains to the Studsvik Scandpower Topical Report, which is now eligible for review by the NRC for applicability to both existing and future nuclear energy customers. This development underscores Studsvik’s role as a global leader in nuclear fuel software, enabling nuclear plants to extend their operational life and supporting new nuclear vendors in the development of next-generation reactors, such as Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs).
W. A. Art Wharton III, Business Area President of Studsvik Scandpower, emphasized the importance of this achievement, stating, “This confirms Studsvik’s and Studsvik Scandpower’s position in the industry as a leader in nuclear fuel software for today’s existing power plants and tomorrow’s future reactor designs.”
Despite the significance of this regulatory support, the order is not expected to have a material financial impact on Studsvik’s results for 2025. For more detailed information, interested parties can visit Studsvik’s website or contact Karl Thedéen, President and CEO of Studsvik AB, at +46 (0)155-22 10 00.
As of June 8, 2025, Studsvik’s close price was 121.5 SEK, with a market capitalization of 1.01 billion SEK. The company’s price-to-earnings ratio stood at 102.53, reflecting its strong position in the industrials sector, specifically within commercial services and supplies.