Energy Startup News #23

TerraPower Secures Key Approval for Wyoming Natrium Reactor
TerraPower has received initial regulatory approval to begin site preparation and construction on its Natrium reactor project in Kemmerer, Wyoming — a key step toward bringing advanced nuclear power to the U.S. grid.
🔗 https://interestingengineering.com/energy/terrapower-approval-wyoming-nuclear-plant

Dual Fluid Technologies to Build Prototype Reactor in Rwanda
German startup Dual Fluid plans to construct a demonstration reactor in Rwanda using its novel molten salt fast reactor design, aiming to showcase a new model of modular, waste-recycling nuclear technology in Africa.
🔗 https://www.nzz.ch/wirtschaft/dual-fluid-deutsche-ingenieure-wollen-in-rwanda-ein-kleines-kernkraftwerk-bauen-ld.1885665

Denmark Announces $6.5M Funding Round for Next-Gen Nuclear Research
The Danish government has pledged over $6.5 million to support next-generation nuclear R&D, marking a policy shift and growing openness to exploring advanced fission and fusion technologies.
🔗 https://energywatch.com/EnergyNews/Policy___Trading/article18220015.ece

Google–Elementl Deal Signals Nuclear Momentum for AI Data Centers
Google’s partnership with Elementl reflects a broader shift toward nuclear energy as a solution for AI infrastructure, with industry analysts citing the deal as a key indicator of long-term demand for firm, clean power.
🔗 https://www.datacenterfrontier.com/energy/article/55292045/googles-nuclear-move-with-elementl-signals-broader-energy-shift-for-ai-driven-data-centers

Transmutex Startup Pitches 100 MW of Clean Energy from Waste Recycling
A European startup, reportedly Transmutex, claims it can generate 100 MW of clean electricity for 40 years by recycling nuclear waste — leveraging accelerator-driven systems to reduce long-lived radioactive material.
🔗 https://www.59hardware.net/en/a-european-start-up-promises-100-mw-of-clean-energy-for-40-years-through-the-recycling-of-nuclear-waste/

Oklo and KHNP Partner to Develop SMR Projects Globally
U.S. startup Oklo and South Korea’s KHNP have signed an agreement to cooperate on SMR development, combining Oklo’s advanced microreactor design with KHNP’s industrial and regulatory expertise.
🔗 https://world-nuclear-news.org/articles/oklo-khnp-to-cooperate-on-smr-projects

NuScale Gains U.S. Approval for Larger SMR Design
The U.S. Nuclear Regulatory Commission has approved NuScale Power’s updated SMR design with a higher output capacity, increasing from 50 MW to 77 MW per module, potentially improving project economics.
🔗 https://www.reuters.com/business/energy/us-approves-bigger-nuclear-reactor-design-nuscale-document-says-2025-05-29/

Holtec Picks Doncaster Site for £1.5B SMR Manufacturing Facility
Holtec International has selected a location next to Doncaster Sheffield Airport in the UK for its planned £1.5 billion factory, which will manufacture small modular reactors and related components for global export.
🔗 https://www.newcivilengineer.com/latest/holtec-selects-site-next-to-doncaster-sheffield-airport-for-1-5bn-smr-factory-30-05-2025/

Nano Nuclear Files Six Patents for Zeus Microreactor Innovations
Nano Nuclear Energy has submitted six new patent applications covering proprietary systems within its Zeus microreactor, as part of a broader push to protect IP while moving toward prototype development.
🔗 https://www.globenewswire.com/news-release/2025/05/30/3091056/0/en/nano-nuclear-files-six-new-patent-applications-related-to-its-proprietary-zeus-microreactor.html

Radiant Industries Raises $165M for Compact Microreactors
Nuclear startup Radiant has raised $165 million to accelerate production of its portable, gas-cooled microreactors, targeting off-grid locations, defense bases, and disaster zones.
🔗 https://www.bloomberg.com/news/articles/2025-05-28/nuclear-startup-radiant-raises-165-million-for-micro-reactor?embedded-checkout=true

Type One Energy Completes Initial Design Review for Stellarator Plant
Type One Energy has completed its initial design review for a commercial stellarator-based fusion power plant, marking a milestone in its plan to deliver grid-ready fusion energy within the next decade.
🔗 https://www.powermag.com/type-one-energy-completes-formal-initial-design-review-of-fusion-power-plant/