We’re still at least a handful of years from a working commercial fusion plant, but across the country and world, we’re getting closer every day. Fusion firms found success in fundraising, partnerships, and technological development this year in their quest to unlock the limitless power of the sun. Here’s our roundup of the highlights. Raising […]
We started covering the fission industry with Ignition’s launch back in February. At that point, we had no idea (OK, maybe an inkling) that this year would hold so many pivotal moments in fission development for the US market. Here’s our recap of the moments and trends that mattered most in the US fission sector. […]
The US is gearing up for another nuclear revolution, but there are a few snags in those plans. Over the last year, concerns have been rising over the continued availability of uranium to power the existing and future fleets of American reactors, and the DOE has been working to ensure that the domestic supply chain […]
The need for uranium produced by friendly faces has become more urgent this year with the bilateral ban on Russian uranium heading to the US. The push for new nuclear stateside shows no signs of slowing, so there’s a looming need for increased uranium supply to fuel the fleet. NexGen Energy, a Canadian uranium producer, […]
Over the last year, we’ve watched as Amazon, Google, and Microsoft clued into the value of nuclear. Now, Meta is getting in on the fun. The Facebook and Instagram parent company announced on Tuesday that it would issue a request for proposals (RFP) from nuclear firms as it prepares to add 1–4 GW of nuclear […]
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 […]
This year has been the year of data giants signing up for the nuclear energy renaissance, and there are no signs of slowing on that front. Last week, Amazon committed $334M to a feasibility study on deploying four SMRs at the Hanford site in Washington, Cascade PBS reported. The funding is part of a previously […]
The US is pushing for more domestically produced uranium fast, as its longstanding reliance on Russian imports is coming to a ban-induced end. Centrus Energy is gearing up to make that happen. Last week, the US uranium enricher and fuel producer announced that it would invest $60M into expanding a manufacturing facility in Oak Ridge, […]
Tokamak Energy, a UK- and US-based fusion startup working on building—you guessed it—a tokamak, has raised a new batch of funding to support the development of high-temperature superconducting magnets for fusion sector customers. The $125M round was led by East X Ventures and Lingotto Investment Management. “We are focused on commercializing our transformative HTS technology […]
Radiant, the microreactor company building a deployable fission reactor designed to fit on a truck and meet the energy needs of remote and specialized operations, announced on Thursday it raised a $100M funding round. DCVC led the Series C, which also included participation from Andreessen Horowitz, Union Square Ventures, Founders Fund, Decisive Point, McKinley Alaska […]
