Catch up on the latest insights into the nuclear industry.
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Four Executive Orders Back Nuclear Power Development
If there was any doubt in your mind that nuclear power is truly favored under the current administration, this past week should have erased it. On Friday, President Trump signed four executive orders. Each targets a different corner of the nuclear power development process, from funding to licensing to testing to deployment. The biggest goal:…
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Radiant Closes a $165M Series C
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,…
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The “Big, Beautiful Bill” Passes in the House
This morning, just after 7 AM, after an exhausting 24-hour-plus back-and-forth between moderate and far-right Republicans, the House of Reps passed a reconciliation bill by a one-vote majority. The bill boosts military spending by $150B and makes early cuts to tax credit programs for clean energy, mainly renewables. Overall, nuclear energy maintained support. The military…
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Q1 Earnings Roll In
A handful of nuclear firms have ventured onto the public markets, and Q1 earnings are starting to trickle in. Over the last week, three publicly traded advanced reactor companies—Oklo ($OKLO), NuScale Power ($SMR), and NANO Nuclear Energy ($NNE)—gave us a peek into how things are running. Here’s our roundup of the last week of nuclear…
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The NRC Dockets Dow’s Nuclear Construction Permit
Dow is in at the NRC. The chemicals and plastics industrial giant announced in March that it would work with advanced nuclear firm X-energy to transition an industrial plant in Seadrift, TX to nuclear power. Now, the NRC has confirmed that it’s on board. The commission accepted—or docketed—the construction permit application for review this week.…
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Realta Fusion Raises a $36M Series A
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…