2017-07-24

NuScale Power, LLC Announces Thomas D’Agostino, Former Head of NNSA, Joins Board of Directors

PORTLAND, OR -- NuScale Power, LLC announced today that Thomas D’Agostino, who served as the Under Secretary for Nuclear Security and Administrator of the National Nuclear Security Administration (NNSA) from 2007 to January 2013, has joined its board of directors. D’Agostino spent more than 36 years in the government sector in a wide variety of leadership positions, and he was recently appointed president for Fluor’s Government Group. He is replacing former NuScale Power board member Dave Dunning, who served on the board since June 2013.

“Tom D’Agostino’s background and experience makes him an invaluable addition to the NuScale board,” said John Hopkins, Chairman and CEO of NuScale Power. “He is highly respected in the nuclear sector and his insights and understanding of complex nuclear issues will help us in leading the way in the development of small modular reactors, which will strengthen energy independence and national security while meeting clean air goals.”

At the NNSA, D’Agostino was responsible for maintaining the safety, security, and effectiveness of the U.S. nuclear weapons stockpile. Prior to that, he served as the Deputy Administrator for Defense Programs and directed the Stockpile Stewardship Program and major elements of the NNSA’s Nuclear Security Enterprise. Additionally, he worked on the start-up of the Department of Energy’s tritium production reactors and the Naval Sea Systems Command as a program manager for the SEAWOLF submarine propulsion system.

D’Agostino holds a master’s degree in national security and strategic studies from the Naval War College, a master of science in business finance from Johns Hopkins University and a bachelor of science in physical science from the U.S. Naval Academy. In the U.S. Naval Reserves he reached the rank of Captain and served with the Navy Inspector General and with the Deputy Chief of Naval Operations for Submarine Warfare. He also spent more than eight years on active duty as a naval submarine officer.

D’Agostino is a recipient of the James R. Schlesinger Award, the Presidential Rank Meritorious Executive Award, the Navy Commendation Medal with Gold Stars, the Navy Achievement Medal, the Navy Expeditionary Medal, the Meritorious Unit Commendation, and the National Defense Services Medal.

About NuScale Power, LLC

NuScale Power, LLC is developing a new kind of nuclear plant; a safer, smaller, scalable version of pressurized water reactor technology - a technology initially developed and tested at Oregon State University. Fluor Corporation (NYSE: FLR), a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power, is the majority investor in NuScale. NuScale's design offers the benefits of carbon-free nuclear power and reduces the financial commitments associated with giga-watt size nuclear facilities. NuScale's technology is also ideally suited to supply energy for district heating, desalination, and process heat applications.

At the heart of our technology is the fully factory fabricated NuScale Power Module™, an integral reactor vessel surrounded by a high pressure steel containment, which when coupled to its factory fabricated power generation equipment can produce 50 megawatts of electricity. A NuScale power plant can house up to 12 of these modules for a total facility output of 600 megawatts (gross). The scalability afforded by the modular design allows customers to incrementally increase facility output to match demand. The NuScale Power Module™ is premised on well-established nuclear technology principles with a focus on integration of components, simplification or elimination of systems, and use of passive safety features resulting in highly reliable operation underpinned by an extremely strong safety case and unparalleled asset protection, making it suitable to be sited at locations closer to where electricity or process heat are needed.

NuScale is headquartered in Portland, Oregon and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA; and London, UK.

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