Last Energy, the DC-based microreactor startup, just got a boost on its path to deploy its first modular reactor system by 2026. The company announced today that it closed a $40M Series B round earlier this year, which will help it dramatically ramp up its hiring and make progress towards regulatory approvals in its target […]
Austin’s local nuclear energy startup, Aalo Atomics, just got a major funding boost as it looks to beef up its team and make progress toward its holy grail: mass manufacturing of nuclear reactors. The company announced yesterday that it’s raised an additional $27M in funding from investors. 50Y and Valor Equity Partners led the round, […]
Despite the important role that nuclear plants play in supplying the US with carbon-free, reliable baseload power, they get a bad rap. Historical concerns over the safety of nuclear energy after accidents, comparisons to nuclear weapons tech and proliferation, and pushback from environmentalists over waste and radiation have all negatively contributed to the public’s ever-changing […]
It’s that time of year again—nuclear energy companies trading in the public markets have started reporting their earnings for Q2 and H1. So far, Cameco and Kazatomprom have phoned in with results, and we’re here to share the highlights. Cameco stays the course The Canadian uranium producer reported last week that it’s on track to […]
