As the advanced nuclear sector gets closer to commercialization, firms are eyeing the public markets for access to capital and to take advantage of public excitement for a potential new, clean, safe energy source. Terrestrial Energy is the latest nuclear firm to finalize plans to go public. The molten salt reactor company announced in March […]

First Light Fusion is going through changes. Until recently, the fusion developer planned to build a fusion plant of its own, but a few weeks ago announced it would take a different tack. Instead of pursuing a commercial fusion machine, First Light will commercialize its amplifier technology to support the burgeoning fusion sector. “If the […]

The world needs more energy—we think we can all agree on that. That new energy ought to be clean, firm, and abundant. The fusion industry is rising to meet that challenge. Realta Fusion is tackling the problem via the magnetic mirror approach, which—like many fusion concepts—was explored back in the ‘70s before falling off the […]

The nuclear renaissance doesn’t just need researchers. It also needs engineers, government supporters, operators, educators, and investors. Luckily for the industry, Rachel Slaybaugh is all of the above. Over the last few decades, she’s published research on computational methods for fusion plants, developed the fission program at DOE’s ARPA-E office, served as a licensed nuclear […]

Radiant, a nuclear firm founded by a SpaceX alum on a mission to replace diesel reactors with easily manufacturable and shippable nuclear microreactors, has closed a $165M round of funding to support its mission. The Series C was led by DCVC. It also included participation from StepStone, Giant Ventures, Hanwha Asset Management Venture Fund, SGA, […]

In its mission to build a magnetic mirror fusion machine, Realta Fusion has secured an additional $36M in funding. The Series A round was led by Future Ventures. It also included participation from Avila VC, GSBackers, Khosla Ventures, Mayfield, SiteGround, TitletownTech, and the Wisconsin Alumni Research Foundation.  The testing phase: The company has been running […]

You wouldn’t just buy an engine. You want the whole damn car. That’s the driving philosophy behind Applied Atomics, a startup building not just the SMR but also the complete power plant surrounding it, along with plans to sell energy—not reactors—to power-hungry customers. The company officially emerged from stealth this morning with a $2M batch […]

A young fusion firm in Sweden has closed a funding round in its quest to harness the power of the atom. Novatron Fusion is working toward building a stable and easily manufacturable fusion machine using magnetic confinement. Last week, it closed a €10M funding round to push it into the next stage of development: building […]