📰 Energy Startup News, Week #11
Seaborg Secures Funding to Accelerate Molten Salt Reactor Projects
Seaborg Technologies has raised new funding to fast-track the development of its molten salt reactor (MSR) technology. The investment will help advance licensing efforts and move closer to deployment, reinforcing Seaborg’s vision of floating nuclear power plants for global energy markets.
🔗 https://www.neimagazine.com/news/seaborg-secures-funds-to-accelerate-msr-projects/
Big Tech’s Nuclear Bet: Powering AI with Advanced Reactors
Major tech companies, including Microsoft, Amazon, and Google, are investing in nuclear energy to meet the escalating power demands of artificial intelligence. This marks a significant shift in the energy landscape, positioning nuclear as a key enabler of data center expansion and AI growth.
🔗 https://www.cbsnews.com/news/big-techs-big-bet-on-nuclear-power-to-fuel-artificial-intelligence/
Moltex Validates Breakthrough in Nuclear Waste Recycling
Moltex has successfully demonstrated the feasibility of its waste-to-fuel recycling process, a step toward a closed-loop nuclear fuel cycle. The technology aims to reduce nuclear waste storage challenges by converting spent fuel into new reactor fuel.
🔗 https://www.neimagazine.com/news/moltex-validates-nuclear-waste-recycling-solution/
ThorCon Seeks Approval for Indonesia’s First Nuclear Power Plant
ThorCon has formally applied to build Indonesia’s first-ever nuclear power plant, signaling a major step in the country’s energy transition. The proposed 500 MW molten salt reactor aims to provide stable, low-carbon electricity to support Indonesia’s growing energy needs.
🔗 https://www.world-nuclear-news.org/articles/thorcon-applies-to-build-indonesias-first-nuclear-power-plant
Oklo Acquires Atomic Alchemy to Expand Radioisotope Production
Oklo has completed its acquisition of radioisotope producer Atomic Alchemy, expanding its capabilities in medical, industrial, and space-related nuclear applications. This move aligns with Oklo’s broader strategy to develop advanced nuclear technologies.
🔗 https://www.businesswire.com/news/home/20250305501243/en/Oklo-Closes-Acquisition-of-Radioisotope-Producer-Atomic-Alchemy
Penn State Proposes Westinghouse Microreactor for Campus Energy
Penn State University has applied to build a Westinghouse eVinci microreactor, aiming to demonstrate on-site nuclear energy for research and campus power needs. If approved, this project could serve as a model for small-scale nuclear deployment in the U.S.
🔗 https://world-nuclear-news.org/articles/penn-state-applies-to-build-westinghouse-microreactor
NuScale Faces Challenges as SMR Development Continues
NuScale Power has reported financial results highlighting progress in SMR development, though the company faces cost and regulatory hurdles. With interest from data center operators, NuScale is positioning its SMRs as a solution for energy-intensive industries.
🔗 https://www.utilitydive.com/news/smr-nuscale-earnings-data-center-fluor-nrc/741639/
Last Energy Expands into Texas to Power Data Centers
Last Energy has unveiled plans to deploy its small modular reactors (SMRs) in Texas, targeting the growing energy demands of data centers. The company’s modular nuclear solutions are designed to offer scalable, carbon-free power for high-demand facilities.
🔗 https://www.power-technology.com/news/last-energy-texas-data-centre-demand/
Seaborg Secures Funding to Accelerate Molten Salt Reactor Projects
Seaborg Technologies has raised new funding to fast-track the development of its molten salt reactor (MSR) technology. The investment will help advance licensing efforts and move closer to deployment, reinforcing Seaborg’s vision of floating nuclear power plants for global energy markets.
🔗 https://www.neimagazine.com/news/seaborg-secures-funds-to-accelerate-msr-projects/
Big Tech’s Nuclear Bet: Powering AI with Advanced Reactors
Major tech companies, including Microsoft, Amazon, and Google, are investing in nuclear energy to meet the escalating power demands of artificial intelligence. This marks a significant shift in the energy landscape, positioning nuclear as a key enabler of data center expansion and AI growth.
🔗 https://www.cbsnews.com/news/big-techs-big-bet-on-nuclear-power-to-fuel-artificial-intelligence/
Moltex Validates Breakthrough in Nuclear Waste Recycling
Moltex has successfully demonstrated the feasibility of its waste-to-fuel recycling process, a step toward a closed-loop nuclear fuel cycle. The technology aims to reduce nuclear waste storage challenges by converting spent fuel into new reactor fuel.
🔗 https://www.neimagazine.com/news/moltex-validates-nuclear-waste-recycling-solution/
ThorCon Seeks Approval for Indonesia’s First Nuclear Power Plant
ThorCon has formally applied to build Indonesia’s first-ever nuclear power plant, signaling a major step in the country’s energy transition. The proposed 500 MW molten salt reactor aims to provide stable, low-carbon electricity to support Indonesia’s growing energy needs.
🔗 https://www.world-nuclear-news.org/articles/thorcon-applies-to-build-indonesias-first-nuclear-power-plant
Oklo Acquires Atomic Alchemy to Expand Radioisotope Production
Oklo has completed its acquisition of radioisotope producer Atomic Alchemy, expanding its capabilities in medical, industrial, and space-related nuclear applications. This move aligns with Oklo’s broader strategy to develop advanced nuclear technologies.
🔗 https://www.businesswire.com/news/home/20250305501243/en/Oklo-Closes-Acquisition-of-Radioisotope-Producer-Atomic-Alchemy
Penn State Proposes Westinghouse Microreactor for Campus Energy
Penn State University has applied to build a Westinghouse eVinci microreactor, aiming to demonstrate on-site nuclear energy for research and campus power needs. If approved, this project could serve as a model for small-scale nuclear deployment in the U.S.
🔗 https://world-nuclear-news.org/articles/penn-state-applies-to-build-westinghouse-microreactor
NuScale Faces Challenges as SMR Development Continues
NuScale Power has reported financial results highlighting progress in SMR development, though the company faces cost and regulatory hurdles. With interest from data center operators, NuScale is positioning its SMRs as a solution for energy-intensive industries.
🔗 https://www.utilitydive.com/news/smr-nuscale-earnings-data-center-fluor-nrc/741639/
Last Energy Expands into Texas to Power Data Centers
Last Energy has unveiled plans to deploy its small modular reactors (SMRs) in Texas, targeting the growing energy demands of data centers. The company’s modular nuclear solutions are designed to offer scalable, carbon-free power for high-demand facilities.
🔗 https://www.power-technology.com/news/last-energy-texas-data-centre-demand/
