Kairos Power has a second safety-approved reactor design on the books. The company announced this week that its Hermes 2 reactor—the follow-on to the Hermes demo reactor—has passed a key safety review by the NRC, notching a key milestone on the path to a construction permit. Build, baby, build: It’s been about a year since […]
Rolls-Royce has its tech on land, at sea, and in the air, so there’s only one place left to go—space. The company announced this morning that it won a £4.8M ($6.2M) award from the UK Space Agency under the country’s National Space Innovation Programme (NSIP). The award will help Rolls-Royce push forward on developing its […]
Commercial fusion companies brought in $900M in funding over the last year, per the latest annual report from the Fusion Industry Association (FIA).
This week, Électricité de France (EDF), the French state power company, withdrew its Nuward SMR concept from a key UK program just before the competition’s latest deadline. The Nuward SMR concept is experiencing some growing pains, and the company doesn’t have a design ready for primetime.
Kairos has notched another milestone on the way to deploying its first Hermes molten salt reactor by completing testing on its first engineering test unit.
There’s a fight brewing in Pennsylvania over the future of an AWS project that would hook a new data center directly up to the Susquehanna nuclear power plant. The story so far: In March, AWS made waves when it announced it had purchased a $650M data center campus from Talen Energy that had a direct […]
NANO Nuclear Energy ($NNE) is having a good week. The newest nuclear energy IPO on the market is trading up nearly 46% since Monday morning and reached an intra-day high of $36.14 per share on Tuesday.
N-ergy recently raised a $1.5M pre-seed round to build out a data-powered autonomous advanced materials factory that can dramatically speed up the design, manufacture, and qualification of new materials—from five years to three months, start to finish.
TAE Technologies may have just unlocked a new application for fusion power: capturing carbon directly from the atmosphere. This week, the California fusion startup signed a memorandum of understanding with Oxy Low Carbon Ventures to look into supplying fusion power and heat to direct air capture (DAC) facilities that would filter carbon emissions straight out […]
Xcimer Energy has topped the year-to-date record for a fusion company fundraise with its $100M Series A.
