Nuclear startups are back in vogue with small reactors, and big challenges
Small modular reactor startups are betting that mass manufacturing will help them bring costs down. But are they underestimating the challenge?
Meta signs deals with three nuclear companies for 6-plus GW of power
Two smaller companies, Oklo and TerraPower, along with Vistra, a large energy company, just signed agreements with Meta.
Radiant Nuclear raises $300M for its semi-sized 1 MW reactor
Radiant Nuclear is developing a small modular reactor to replace diesel generators. The startup previously raised $165 million in May.
Radiant Nuclear raises $300M for its semi-sized 1 MW reactor
Radiant Nuclear is developing a small modular reactor to replace diesel generators. The startup previously raised $165 million in May.
Nuclear startup Last Energy raises $100M for its steel-encased micro reactor
Last Energy will use the funds to build its 5 megawatt pilot reactor in Texas, which it hopes to turn on next year.
Energy department hands out $800M in grants for small nuclear reactors
The Tennessee Valley Authority and Holtec were awarded substantial grants to build one reactor in Tennessee and two more in Michigan.
Microreactor startup Antares raises $96M for land, sea, and space-based nuclear power
Antares is designing and building small modular reactors that it plans to deploy for commercial, space, and defense applications.
X-energy rides nuclear wave, raises $700M Series D
The small modular reactor startup is capitalizing on surging interest from tech companies and data center developers.
Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
Constellation Energy will use the loan to refurbish a reactor it idled in 2019. Microsoft has agreed to buy the power once the facility reopens in 2028.
Data centers now attract more investment than than finding new oil supplies
In a shift, the world will spend $40 billion more on new data centers this year than it will on finding new sources of oil.